MAYBANK below $6.90 by 14-Oct-2011

  • target price: $6.90 ( -19.67 % in 30 days)
  • price when predicted: $8.59
  • current price: $9.20
  • 2254 days pass target date.
Although Maybank exposure to Euro crisis may be limited, it will be swept by the impending Greek default and Bank crisis of European Banks exposed to Greek Bonds.

It should fall to July 2010 support levels easily.

That would be a great buy at that time.

Cheers
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I Think So

Not Likely

Comments

I don't think so. If 1155 can fall up to that price. KLCI will likely to become below or at support level 1250..1155 just announce their profit and wait for how much dividend they want to give to their shareholder.
Very true. That is a real option. Volatile times.
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