Jun 3 2008, 11:18 PM
QUOTE(smartly @ Jun 3 2008, 11:17 AM)
Rm6.00 is a better/safer bid i hope, if judging based on valuation. I would expect the PE to be around 7.2 to be in the safe zone for buying in. In anticipating a lower dividend and longer time of recovery due to excessive of spending.
Unless Maybank "buys" another overprice company, i doubt that it will drop any lower than RM7. Bear in mind, Maybank is still has considerable funds.
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