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Idiot investment bank 22/04/2021 2.77 TP Given by HLG ,during 22/04/2021 closed price was 1.90, today 2/12/2021 close price 1.50, who is the real cheater? Security Commissions are you blind ， insteal of giving alert list for investor, you should warn and fine the investment bank for poor tp
Agree with Linda, SC should give warning to research houses that given very high TP to some counters ; nobody said we must trust research houses more than 70% but the practice of Affin Hwang given TP of Rm45-50 to Topglove last year, and HLG given very high TP to Press metal, DRBHICOM, DIY n so on …As if these research houses can simply given high TP to push up shares prices without facing the consequences of given super high TP without solid reasons / factors ..
Bro Affin Hwang give top glove TP RM 110 last time https://www.theedgemarkets.com/article/top-gloves-fair-value-could-surpass-rm110-affin-hwang-says , lets us gather our power and effort to against this irresponsible target price to all investment bank that exploit investor for very long decade, revolution should be implemented for this game and all the useless IB people should be punished because they do not help to growth our economy and society.
So, question to us, why BURSA and SC allow this irresponsible target price and those IB are also beneficiary with the commission taken from retailer, these kind of exploitation has to be varnished and commission should be the gain to the government that can benefits to the society, IB persons that take the commission making them richer and richer are not helping the country to increase the productivity. If the commission charged to the retailer that can improve the investor winning rate, i would support IB with their target price, but the fact that target price do not serve us so what is the purpose of creating this target price, better not
Read the article properly , TP still RM45-60, :) .. Topglove never same PE with Harta for past 10 years n the analyst was irrational to give TP of 50 n above but 60% of the retail investors think research houses not guilty coz they didn’t know ASP can fall so fast , make me feel funny that many retail investors still like to support irresponsible research houses..
All TP is being blow up until the bubble breaks, stock market is a game, retailers who do not learn the game will be cheated, but at the end retailer that knew the game still not in the dominate position, the most advantageous position is the middle man that take the commission, i would say that this rule should be rethink again because most the generation now are not illiterate like last decade.
Many are educated but not major in Finance or so on … It takes time to understand how the share market run n how the report n TP of research houses influencing the behaviours of retail investors….
