I am not qualified at all to promote the stock. Is calvintaneng promoting BPURI ! I found it attractive to multiply the quantity of stock with greater opportunity by converting MYCRON to BPURI as the stock BPURI he is promoting seems is on uptrend and MYCRON seems weakening these days.
what's the relation between MYCRON and the counter you mention? if there is none, pls stop doing so. go to that thread and shout buy for as long as you like...
Based on the learned wealthwizard's post, Mycron is expected to earn RM63m profits this coming FY, which translates to EPS of 22sen or PE of less than 4 now.
Provided Megasteel remains closed, these earnings should be sustainable, if not grow moderately as Mycron gains market share through import substitution.
As the market realised that Mycron's earnings are sustainable, it might just ascribe a more normal PE of 8-10x. Hence price target RM1.70-2.20 over 1-2 years is not impossible.
eskaylien...problem with people they dont believe all this figures till they see it...and they also dont realize if they wait till it happens they are already too late... to win market you must have an advantage over the others..
WealthWizard had 'presented' an advantage to all of us...many still have no maths ability of their own to convince them self with full certainty.
probabbility.... this is normal. When there is more clarity on the fate of megasteel, and future release of another 1-2 quarters of good earnings, the share price will gradually reflect this.
Yesterday down was someone throwing 100,000 shares times after times, since the selling pressure disappear today, I guess the strong support should be around RM0.90 plus minus.
Obviously this stock on uptrend la. When I got news early morning, I posted here. Still bout 0.83 that time Tomorrow good show to watch. Maybe mc stay home watch it?
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....
ikanmasin
26 posts
Posted by ikanmasin > 2016-10-05 09:52 | Report Abuse
when the correction is going to end?