Why share cannot rise? Fgv sime ioi are up, teckguan mbl also up, why jus cannot rise? When cpo at 3000, it cannot rise, when giving div cannot rise, yearly earning also cannot rise. Likely when loss it will rise. Mbl is much alike, share gone up. When can rise? Change undervalue share is a wise choice
Cannot go higher 1) cpo price peak at 3200, will not rise again since el nino is over as more output and no change in demand
2) losing competition mbl growing stronger
3) overvalue as now market play is increasing risk apetite, this slow moving share will see disposal
4)overprice. Subdue outlook when low cpo price, not attractive div yield. Many counter yield higher and more resilient. Project is vulnerable especially when low cpo price.
Given consideration of cpo price is in downward trajectory and not attractive div yield with vulnerable project risk
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....
desire
767 posts
Posted by desire > 2017-02-20 10:33 | Report Abuse
Thanks Calvin.. bought more also btw. Now 2.20. Ho seh