If you examine the latest annual report of Mitrajaya, you will notice many funds, both local and foreign have bought shares in this company. Do you think fund managers are not doing their jobs by buying listed companies that are not going to give good returns? Additionally, Mitrajaya good prospect actually will spur share price even without publicity from analysts.
HLB TP is 1.88 but this stk refuse to move.Co have surpus cash instead of giving higher dividend but using cash to buy back own shares very oftenbut still price not moving..?
....from this we shd understand FM r controlling d price n busy making about 2 cts profit n also collecting dividend. Even a fundamentally strong stk can be controlled.Allways question arise "are the minority shareholders protected"....???
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....
melovesony03
362 posts
Posted by melovesony03 > 2016-06-10 16:54 | Report Abuse
Haha let's pray