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[OTHERS] Why I say research houses & analyst's should be regulated by Bursa or SC !!

Today the Edge (www.theedgemalaysia.com) carried this news headlined :
"Dialog dips in late morning, analysts mixed on outlook"

2 research house has differing views on this stock;

AmResearch reaffirmed its BUY rating on Dialog Group with an unchanged fair value of RM1.40/share based on its sum-of-parts valuation. "We continue to like Dialog for its solid financials where tank business to underpin strong recurring income," it said.

However CIMB Reseacrh was downbeat on Dialog which maintained its Underperform on the company and a target price of 95 sen."While we continue to like Dialog's defensive earnings and prudent management, it remains the priciest stock in our oil & gas universe," it said.

I can live with the above statements.. BUT when CIMB Research makes statements like this.. and I quote..

"Investors should take profit and switch to our top oil & gas pick SapuraCrest Petroleum,"

this is where I get really pissed & riled !!

OK, based on the statement, I sell my Dialog shares @ RM1.09 and with the proceeds I buy into SapuraCrest @ RM2.37. Now Dialog price shoots up to say RM1.20 and SapuraCrest price goes downhill to RM2.00 !!

Now, can I claim my losses from CIMB Research ?? or The Edge ?? They made the statement publicly. If not, then they should just SHUT THE FCUK UP !!



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agree...That is why all recommendations (including from this site) has to be backed by good good due diligence.

I'm especially skeptical about research houses, they are normally not in the business to give out good recommendations, they are more like sales man trying to promote stocks(perhaps due to some personal agenda).
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Yup. i agree with u. They only give the guide but all is up to us based on our reference. For example, Adventa there is no research house had mention it but I buy lor..in 2 month it shoot almost 80% gain then only research house open their eye...

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