ramsyll was right about

MBSB-WA above $1.48 by 31-Aug-2012

  • target price: $1.48 ( 7.25 % in 169 days)
  • price when predicted: $1.38
  • current price: $0.00
  • 2146 days pass target date.
  • Exceeded $1.48 on 06-Jul-2012
  • Highest Price $1.55 on 01-Aug-2012
We’d probably hear after the AGM that MBSB will target for RM500mil profit for FYE2012 after achieving RM400mil profit in 2011. So... EPS=RM0.36, @ PE8X, TP = RM2.88.
Likely to see price heading towards RM2.45 by May-2012 and then RM2.60 by Aug-2012. TA chart looks ripe for rebound.

CW to follow suit.
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