jtpc2006, you should know better than to take analysts' recommendations lock stock & barrel. Their intention and motives, however noble they are, will be entirely different from yours. Try learning to calculate the fundamentals. Many good books or even online guiding you to get that done.
Nubhan, my wife wanted to kill me today for selling too early and pushing the capital to MFlour! I thought it was a no-go for Affin to Bank Ina of indonesia. so just lock in my profit and moved on. How i hate Affin now! hoping 12% return this year still intact coz i know you will remind me again and again! hehehe
For the holders of Affin shares, many congrats to you.
BUY AT BELOW RM3.50..EPF SELL AT RM3.50 ABOVE..SO,NOW AT SUPPORT LEVEL..ON NOVEMBER GOOD FIGURE ON DIVIDEND WILL BE ANNOUNCED AND NEWS TAKE 30% STAKE OF BANK MUAMALAT FROM DRB-HICOM APPROVED BY BNM..
For me, the regret is in not buying Affin when it was stuck at below 3.00 a few months ago. Should have taken the cue from Bank Islam's rise and rise at that time - sooner or later, Affin and other laggards would tend to follow.
As always, I don't dare to answer:-) It depends on how satisfied you are with the profit% that you get at this price. This is always the dilemma, ya, when a counter goes back lower an initial high price. One will always be thinking "I should have sold earlier". If you do sell, be prepared for this possibility (happens to all of us) - it then goes back up! So irritating!
But based on some analysts' TP, there seems to be potential for an upswing to 3.70 again. However, "when" is always the question.
Affin is what u call a chinguzi share..when all move they sleep..but when sentiment bad it moves..don't forget banks don't loose..so grab while u can christmas round corner..need to buy turkey..gd lucks to all..
dont go in yet until you find out what BNM's new regulations are for 2013. they are tightening monetary policies i think! may somewhat effect banks with high NPLs like Affin!
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....
jtpc2006
984 posts
Posted by jtpc2006 > 2012-06-27 11:42 | Report Abuse
read Kenanga, TP 4.30 BUY BUY...