Imminent is correct description.MS keep buying for strong reasons why why why could it be new major shareholders will inject new online digital business to Media and take it worldwide. Recovery and price spike imminent
Who actually follows recommendations especially by local research houses, they only tell you things you can google and find out in an instant and their financial analysis is usually very shallow anyway. Not to mention their target price which is normally 10 to 15% of current market price which makes you wonder why even bother publishing the paper in the first place.
MS is not buying, they are nominees and buying of behalf of their client.
Media has monopoly businesses and obviously some people valued them, some don’t. I believe Media will spike soon due to GLC play and majority of shareholders are govt funds and not small timer retailers like us here
It is Morgan Stanley who buy into Media directly.... MUFG is the largest shareholder of Morgan Stanley (holding 21% MS Share)..... which stockbroker do u think foreign investor will believe? MS or Kenanga?
Kenanga IB(or the rest IB) who cover Media must be fresh graduates. They should compare who are they vs Morgan Stanley? Do they mention why MS buy in their reports?
Yes all Supporter of Media all come out now. That why it is now green. Show will start very soon All other GLC is almost running to finish line and Media is just about GET SET ..... waiting for GOOOOOOOO.
Every day MS is buying before that start buying in 100,000 of thousands shares a day as the day get closer buying millions of shares.... Buying intensified.....
Today most counter bullish Dow Jones Break 25,000 Rinngit at Highest... Media engine started Today new paper said Bull Run Extended ... so we in in bull run cycle now....
Good insight , Could be anytime soon as MS has accumulated more than 10%. Anyone know how much % they own now. They continue buy tilll 2018 that is a good sign. It the matter of time.
Media coming to life...been a laggard too long! Apparently MS sees value in this counter that locals fail to see (?). Agree 1.10-1.20 is doable in the immediate term with the current bullish run though I am no technical expert! :-)
They took profit a bit. If you been watching MUFG pattern, they will buy when low then sell a bit at higher price to scare ikan bilis to sell cheaper to them. They still in collection mood. Lol.
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....
ATARAH
4,026 posts
Posted by ATARAH > 2018-01-03 18:32 | Report Abuse
Imminent is correct description.MS keep buying for strong reasons why why why could it be new major shareholders will inject new online digital business to Media and take it worldwide.
Recovery and price spike imminent