this counter is still making a loss for many. last year i bought at RM1.30 so with the dividends received and going to receive is still not enough to make up the loss. too bad
@rahulsk1947 Maybe can look for the new IPO with the same industry - Mercury Securities. what's interesting here is among companies with similar setups known as 1+1 brokers or universal brokers, mercury securities stands out by achieving the highest NP margin with the least market share.
Year end window brushing hope for sometimes else brewing here some great revaluation up on this share price really feel weird a good doing investment bank share price in such undervalued with damn good dividends
With new EPS and FED rate cuts coming in 2024 market will see a turn around which increases market volume thus kenanga which gives loan to traders will have a increase next year also not to mention the coming dividend around april aiming about 0.08 cents per share as a hike of eps best time to jump into it and ride along, next target price:RM1.10
Once +8cents dividend announced will be hard to buy for this price collected some at 1.07 EPS this time might be higher then previous quarter due to increase volume in contra trading since last Q. Next target price 1.25 new superstar of 2024. Dividend most likely announcing before March 3rd week, collect by then...
Its decreasing because money is moving to energy stocks as their result is good this week. All banking sectors has also performed good and next week results will be superb, next week money will return back to banking sectors like kenanga and target price still RM1.25
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....
software guy
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Posted by software guy > 2022-12-06 10:51 | Report Abuse
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