I was doubtful whether want to buy or not but last minute I decided to eat 10,000 share at RM1.84 (the closing today). I don't know whether I am correct or wrong. But since it was recommended by OTB, I hope I cannot be wrong. The immediate target price given is above RM2.00 with long term target price of above RM3.00. Brother chinesetea recommended it also in the KESM forum.
chinesetea: Like KESM, Kim Hin are cash rich and can buy company to improve earnings. They are aiming double digit growth. Their main cost is LPG and it has dropped significantly.
Dear Grace Ly, OTB (Ooi Teik Bee) is a remisier and analyst. We subscribe his articles with a small fees. I have sold all at RM1.94 already. You may find him in VS forum. You may ask for his email to arrange the subscription.
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....
talk2pkc
2,304 posts
Posted by talk2pkc > 2012-10-02 18:12 | Report Abuse
Directors active buying to uphold price , last declared financial data not encouraging !!! SELL SELL