$PBBANK (1295.MY)$ As long as it can maintain the support at 4.6, reaching 4.8 again is not difficult.
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皮皮虾爱吃虾
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皮皮虾爱吃虾
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$NVIDIA (NVDA.US)$ Short selling 138 to make eight dollars
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皮皮虾爱吃虾
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$YTL (4677.MY)$ Let me see which fool will pick up the ticket.
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$NIO Inc (NIO.US)$ I have been short selling at 6.9 and still unwilling to close the position because I believe this stock is only worth $5.
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Last week, Popular Bank became the focus of Malaysian investors; Popular Bank will spend 1.72 billion ringgit to acquire the highest market share of fire insurance in our country, Lonpac Capital (LPI), equivalent to a stock price of 9.80 ringgit per share, much cheaper than the current trading price of Lonpac Capital.
However, after resumption of trading following a two-day suspension, Popular Bank's market sell-off was triggered by concerns over another announcement on the same day - the shareholding reduction by the Cheng family, causing the stock price to fall.
Objectively speaking, Popular Bank will not issue new shares to acquire Lonpac Capital this time, which means Popular Bank's earnings per share will increase by 1 cent to 2 cents after the 44.15% equity acquisition, enhancing Popular Bank's per share value.
Multiple media outlets have also reported that this acquisition will not result in any changes in management, as Popular Bank has deep roots in Malaysia and is considered a rare good bank. It is even expected to be one of the banks in Malaysia with the highest Interest Rate Spread, making it a long-time favorite among institutions and value investors.
Over the years, the financial performance of banks has also confirmed their steady and steady rise, not to mention their ability to resist risks. Therefore, the stock price drop caused by panic selling is actually an investment opportunity.
Disclaimer: The content of this article is for reference only and does not constitute any investment advice. The views expressed in the article are only the author's personal opinions. Readers should carefully consider their investment decisions...
However, after resumption of trading following a two-day suspension, Popular Bank's market sell-off was triggered by concerns over another announcement on the same day - the shareholding reduction by the Cheng family, causing the stock price to fall.
Objectively speaking, Popular Bank will not issue new shares to acquire Lonpac Capital this time, which means Popular Bank's earnings per share will increase by 1 cent to 2 cents after the 44.15% equity acquisition, enhancing Popular Bank's per share value.
Multiple media outlets have also reported that this acquisition will not result in any changes in management, as Popular Bank has deep roots in Malaysia and is considered a rare good bank. It is even expected to be one of the banks in Malaysia with the highest Interest Rate Spread, making it a long-time favorite among institutions and value investors.
Over the years, the financial performance of banks has also confirmed their steady and steady rise, not to mention their ability to resist risks. Therefore, the stock price drop caused by panic selling is actually an investment opportunity.
Disclaimer: The content of this article is for reference only and does not constitute any investment advice. The views expressed in the article are only the author's personal opinions. Readers should carefully consider their investment decisions...
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$PBBANK (1295.MY)$ When I first started playing stocks, an old man taught me a saying: in the stock market, when everyone else is panicking and selling, you should know it's time to throw all your money market in.
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