Indeed, all big boys had bounty profit over the few days with everyone getting their presents. They are smarter by selling off and dumping over the rest of the week and come back fresh to roll over again. That's their pursuit , and not just telling stories here and there. Good luck to those happy persons but for those late comers, just have to bite the bullet and wait for another day lor
I can afford to buy and hold for a long time, I expect at least min 30% profit margin. I am not a contra kaki, I buy and hold to win big. The fundamental of Mtag is very good, anyone can prove to me otherwise.
Below are some of good fundamentals of Mtag. 1. There were 3 consecutive quarters of positive growth in PAT. 2. There is a net cash of 97 million in the financial statement. 3. EPS Growth = 12% 4. Free Cash flow > 30% of net profit = 14 million 5. PE Ratio = 8.6 6. ROE = 20.43% 7. EV/EBIT = 4.70 8. EPS = 0.054 9. If PER = 20, the target price is 1.08.
You can check with my subscriber and take a look my FA report of Mtag. This stock passed most of standards set.
Do not listen to rumour, please do your homework to check the fundamental of Mtag.
Dear calvintaneng, Thank you for your good words. I also check your report. All stocks I recommend, I am very sure fundamental of the stock must be very good. Both TA and FA are very good. It is my rule set. Thank you.
Posted by OTB > May 13, 2020 5:46 PM 9. If PER = 20, the target price is 1.08.
=== Reply ===
Dear OTB, I agreed the fundamental is good and you are knowledgeable (based on the comments on Jaks). But the valuation is judgmental based on the company prospect. Do you mind to share your view on PER 20? How you justify the high PE valuation. Thank you.
But the upside is intact & it will maintain & resume upwards loh...!!
Very steady mah....!!
Posted by OTB > May 13, 2020 5:53 PM | Report Abuse
Dear calvintaneng, Thank you for your good words. I also check your report. All stocks I recommend, I am very sure fundamental of the stock must be very good. Both TA and FA are very good. It is my rule set. Thank you.
Posted by OTB > May 13, 2020 6:36 PM | Nasdaq (US) index crossed 200-day SMA. In KLSE, only 2 indexes crossed 200-day SMA. They are Technology index and FBMACE index.
I group technology stocks and ACE stocks together because they are like technology stocks to me (Majority).
If you check all technology stocks, the PER is always > 20. I will buy technology stock if PER < 20, it is my rule set. I use PER=20 for technology and ACE stocks.
Hope it explains. Thank you.
=== Reply ===
Dear OTB, Thank you for sharing.
P.S. Hope MTAG will reach your target price.
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Posted by calvintaneng > 2020-05-13 15:47 | Report Abuse
BUY ON PULL BACK
OR GO BUY NYLEX NOW!!
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