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BURSA (1818)
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skiddtrader
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Mar 7 2008, 10:42 PM
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QUOTE(cherroy @ Mar 7 2008, 09:15 PM) At RM9+, it is still trading at around 20 PE which is not cheap though. The company earned roughly 40+ cents for the last financial year. For year 2007, it gave out 85 cents of dividends. That was considered the bull year for KLCI. From their quarterly report, you can see a clear trend downwards for their earnings and profit. 2008 is not going to be as bullish as last year or even turn bearish, so I would expect their quarterly down trend to continue.
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skiddtrader
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Mar 8 2008, 02:20 PM
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QUOTE(panasonic88 @ Mar 8 2008, 12:29 PM) thanks for you guys input, appreciate it, as i am still hesitating: 1. is BURSA worth keeping? (as mid term investment) 2. is the current price OK to buy? ================================ got some info here... can use it as a reference like i said before, BURSA price follows CI movement CODE 06/2005 RM 3.40 KLCI 870 12/2005 RM 3.70 KLCI 895 06/2006 RM 5.50 KLCI 930 12/2006 RM 7.00 KLCI 1090 06/2007 RM 12.00 KLCI 1360 10/2007 RM 16.00 KLCI 1411 Let me estimate and continue your trend for Bursa during a bearish run. 03/2008 RM9.90 KLCI 1300 12/2008 RM6.00 KLCI 1100 05/2009 RM4.00 KLCI 800  Not serious though because no one can predict the future.
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