KESM : My best performance stok

This is right decision to hold value stock when it dip. The price rebound strongly after touch the bottom. Now is on the way to create more new high

Stock pick to share

Dear trader,
Potential stock to buy today:
11/07/2016

1) PENTA (7160)
Price            : RM0.825
Target price: RM0.915/ RM1.00
Cut loss       : RM0.755
* SYARIAH COUNTER*

2) TNLOGIS (8397)
Price            : RM1.54
Target price: RM1.62/ RM1.79
Cut loss       : RM1.38
* SYARIAH COUNTER*

3) KESM (9334)
Price            : RM5.72
Target price: RM6.40/ RM6.90
Cut loss       : RM5.25
* SYARIAH COUNTER*

4) GADANG (9261)
Price            : RM2.18
Target price: RM2.45
Cut loss       : RM2.03
* SYARIAH COUNTER*

5) MITRA (9571)
Price            : RM1.33
Target price: RM1.62
Cut loss       : RM1.25
* SYARIAH COUNTER*

6) MMSV (0113)
Price            : RM0.545
Target price: RM0.615/ RM0.690
Cut loss       : RM0.515
* SYARIAH COUNTER*

Source : RHB RESEARCH INSTITUTE

Disclaimers: This trading ideas are issued and distributed in Malaysia by RHBIB only . The views and opinions in this ideas are our own as of the date hereof and is subject to change.

KESM - My favourite Techno stock

Recently rebound was a technical rebound or end of downtrend / correction? Still need more time to monitor. Also, aim the bull can divide into 3 batchs entry point. Now is the 1st point to enter. In term of financial performance, always still the excellent result. Forex gain is only partial of it, core business was still profitable and growing.

KESM-Sell on fact?

With the impressive quarterly result announcement but price reflected negatively today. This is easy to explain as the price already reflected far from it's center value (fair value),  smart investors willing to lock in their profit.
So, if the price able to stay it's long term uptrend line, most of the smart investors willing to stay long.
Of course this is always back to the value investing question "will KESM able to create next level of higher value or EPS growing?"