GUH may climb after printing a new 52-week high. A position can be initiated if it stays above MYR1.15 today, with a close below MYR1.10 as a stop-loss. The price target is MYR1.30, if the resistance at MYR1.20 is broken. A failure to stay above MYR1.15 may see the stock trading sideways, while further support is at MYR1.00.
mlg, yes, trading significantly below nav 1.82 Its balance sheet is sitting on net cash and investments of RM200.2m as at FY13, which translates into RM0.74/share. Consequently, the stock is currently trading at a P/E ex-cash of only 2.7x for FY14.
林俊松, i think your strategy is Buy High when market up, sell low when there's minor correction. kakaka... Should change it! Buy and hold for at least few months, you will see the impact! You know long term investors will even hold a lovely stock for 10 or 20 yrs? As a young guy, we all don't have patient to do that, but at least try to hold and sell with profit to build our capital base. Our capital base definitely is small if compared old man. Hence, buidling capital base is very important unless you are from rich family.
Sold at 125...haha... In 1995 I bought GUH at 2.4. Lucky coz, every year got dividend. When GUH fell to 30 cent few year ago,..i sold at 90 cent and GUH gave me 1 car... Very good counter to make money. This time may stabilise at 1.30 but if break 1.30 the next target is 1.38.
GUH is a bit behind MFCB. This 2 counter should at par now.
the good thing is there is not so much speculative play in GUH. even with the front page news there is no significant play to push up the price. good to hold long term until there is confirmation from the company on the deal
i follow seph's idea to take profit at 1.24.. and then i buy 1.25 after read The Star.. dulan.. so now i clear 250k shares already.. bash to 1.18.. maybe later buy back at 1;20
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
sephiroth
14,145 posts
Posted by sephiroth > 2014-02-19 14:51 | Report Abuse
connie, my anchovy abnormal size as big as sharks, need to send truck as big as autobot king optimus prime to collect