A friend of mine send me this message few days ago: "Go TA (share), at least RM1.50 got news end or beginning next month. They will Foc warrant or share."
The rumour giving by his father good friend who's a remiser, for me very simple...
First I'll check this counter value:
PE 14
Market price around 1.2
Revenue drop
It just announce 4.5% dividend on May, volumn didn't pick up recently....
If it really happen hit 1.5 or even 1.6, upside potential 30% ....
Does it worth to buy on rumour? I'll pass.........
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