Valuations continue to exhibit good execution of business by Petronm's management and its superstrong FCF as seen from its 2q result.
Value investors plus some funds have been accumulating a little aggressive lately.
Any slight weakness of share price will definitely render a very good opportunity to readjust the buy in cost for long term gains.
Guess its momentum is expected to remain steady for sometime given it is also already listed as one of the index components in FTSE Bursa Malaysia Mid 70 Index companies. Meaning more funds will seriously look at the company as part of their portfolio.
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....
Kadir Almushayah
2,107 posts
Posted by Kadir Almushayah > 2017-09-12 11:16 | Report Abuse
Stocknanmy.....senyum bnyk ye..suka