BuddingInvestor was right about

RHBCAP above $7.50 by 30-Nov-2011

  • target price: $7.50 ( 4.75 % in 60 days)
  • price when predicted: $7.16
  • current price: $5.10
  • 2148 days pass target date.
  • Exceeded $7.50 on 12-Oct-2011
  • Highest Price $7.77 on 14-Oct-2011
Price has taken a major beating since the heady days of the CIMB-Maybank takeover attempt. With the recent announcement that OSK may be interested, there should be enough gas to propel this stock forward again.
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I Think So

Not Likely

Comments

Last 2 days, I noticed many banking stocks gaining strength but not RHB. Any reasons why? The share price has taken a beating and fallen almost RM3.00 from its year high.
quite a toughy to rebound up as the trend is sloping down.
Yeah you're probably right AA,actually I wanted to put in a prediction for OSK but for some reason Tradesignum wouldnt let me pick it zz.

Lavender, RHB's price rose earlier due to rival interests from both MBB and CIMB to acquire it. However hopes were dashed when a Middle Eastern company bought over some shares at a premium price, causing both MBB and CIMB to withdraw from the race to acquire RHB.
Haha, and it's a hit :D
im impressed :) good call mate.
Thanks.. btw well done on being no.1 in the highest total percentage for predictions, you've overtaken Myco! :)
well, am just trying to provide some healthy competition around :) anyhow predicting this way is not the perfect gauge to how a person performs in real. I was hoping if tradesignum would allow virtual trading of portfolios... that way we can buy/sell shares using virtual money and reflects more accurately on the trading styles of the investors/traders here. *just a xmas wish though hahaha. cheers.
Actually, I like your suggestion and fully agree with your comments on the prediction. I myself don't buy all the predictions that I made (not enough balls). It's easier to make a prediction when you have nothing to lose.
@AsuraAxiuluo and BuddingInvestor,

Thanks for sharing your investment/trading ideas and through the tradesignum prediction feature.

Yes, it is not designed to accurately/realistically reflect how one performs when it comes to real life investing/trading. Though, it does serve the purpose of sharing and sharpening oneself's investing/trading analysis and decision making even though it's not a perfect tool. Plus, it's always more fun with a little bit of friendly competition :)

Simulated virtual trading is something we have been exploring and hope to offer as and when we can devote more time and resources to tradesignum.

We are undergoing some reorganisation internally in preparation to make tradesignum better for all.

Thanks!

Marcus, Tradesignum
Hi,

Nice job till now. Excited to see future developments.
Maybe you can open the pandora's box and start a wish list for cool features. I am sure that the feedback will help you improve and thus make my favorite site better :-_

Keep up the good work.

Cheers
Thanks for the comment and support Teacii!
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