Monday, June 6, 2011

DRBHCOM poised to rise?...










Ok, the Islamic banking merger with Bank Islam seems to be hitting a snag....

pos malaysia value unlocking will accelerate from here and more "news" is expected to be flowing to the public soon....

Technically speaking, the stock is looking strong and well supported at a 2.17-2.24 range.

Local institution is net buyer for a while now... more aggressive share purchase is expected from here until the month of Jul-Aug timeframe.... watch the stock closely...

Personally, I expect the stocks to reach RM3 within this year and for Q3, RM2.75 is within reach...

No comments: