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[LBS] LBS

Howdy::

i recently took notice of this LBS stock which has a NTA of RM 1.85 and EPS of RM1.849 as at 31st Dec. 2013.Having a stronger Balance Sheet after certain assets disposal in China. Payments is coming in four tranches. First tranche of payment was received in earlier 2014.This company's core business is a housing development. Can somebody who know about this stock,pls. advise when is the precise time of entry and the target price.Thanks.

Happy trading n best regards.

From: andrewtan
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LBS is on an slight uptrend on the weekly chart, if u are planning to sit on an investment for years to come, this might be a average stock. But the gains ratio from it will be fairly limited and not worth waiting for me though.

It is however on a slight downtrend in the near term, so if u are buying now, u will be looking at red for months to come. Invest wisely.
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LBS may rebound soon. In weely chart you can see LBS like to follow 50weekly MA.so if it is reverse from here then should be fine.
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