Today she has gone up about 20% from my cost price.
I have sold half at RM1 and let the rest ride till today. This 2nd portion I will follow mid term trend trading.
Lets see I can get the most out from her as some say her fair value is around 1.5~1.80. Her last EPS is 8.72
If she can maintain this EPS value for another 3 quarter, then her yearly EPS will be around 34. Giving some discount for small cap, if we target her PE to be 7, then she will at least worth 2.38.
So, lets see whether her fundamental will rock or not.
The market is getting weaker day by day . As I mention I will be holding MAlton for longer term as my value investing . I do put a protect profit level to prevent any major correction that may eaten up all my profit or may even losses. At the at moment, she is still holding
ReplyDeleteLast week intra day she has broken my trailing stop but I didnt take profit due to 2 reason. 1 is I have taken half when she was RM1 . 2nd is I got to wait till end of the week to judge whether she still below my stop or not . And really she managed to stay above. And due to the drop I was tempted to buy matrix but I got a bit high at 4.10
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