with negative reports from maybank and rhb and joining by other analysts, coupled with negative sentiment from investors, the stock easily looking to flying south around $2.0 ++ soon
Have a faith of it fundamental.. The lowest revised tp was RM4.60 and the price back to RM4.50 after the state election. All the activities of the constructions are just going to start..
So far the selling are those retailers, it was similar to previous sell down of Malakoff so far. I believe CMSB is still one of the winner for so many infrastructure projects in Sarawak or even Sabah. It new cement factory is just in time to supply required materials by end of this year.
Don't over trust certain research house for fixing TP of the said stock . They are actually not very consistent in fixing the TP . Different research house fixed up different TP and some research house who are holding the stocks themselves will fixed a higher TP so that they can conned others to buy at a higher price for them to escaped and sell their stocks at a higher price easily . Do your own calculations based on the yearly performance of the stock wisely instead of too dependent on research house to set up the TP .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apabolehbuat
204 posts
Posted by apabolehbuat > 2016-04-14 15:22 | Report Abuse
Itchy fingers, just put in an order for 4.02. Hope it doesn't get filled.