Sunday, 6 December 2020

IME versus Market Analyst - Fun with Predicting UWC's Target Price

Yeap that's right! In a series of future blog postings, I thought we could all have some competitive fun by matching our "amateur" stock predictions versus that of professional market analyst. Those buy calls and target price (TP) that you see being published on websites such as the example below:

Sounds like a super confident call!

In this post, we are gonna have a go with this hot stock by the name of UWC Berhad or UWC in short. There's been a heck lot of traction for this stock which made it to the Hot Stock list of The Edge Markets. You can read about why the stock has gain quite a big upside HERE

In this friendly competition, we will be comparing the stock's Target Price (TP) by Hong Leong Investment Bank (HLB) research versus that of our own. We have also added some additional value to our amateur" analysis by providing "Further Price Upside" and "Stop Loss Price" as shown below:

Comparison of Target Price for UWC (5292) Stock

HLIB

TP: RM8.88 (+6.47%)

Invest Made Easy (IME)

TP: RM8.64 (+3.60%)

Further Price Upside: RM9.03 (+8.27%) ~ if the bullish scenario remains

Stop Loss Price: RM8.28 (-0.73%)  

Additional IME Observation:

Caution: Projected Future Price Scenarios have gone beyond all Historical Price Projections Scenarios 

UWC (5292) Stock Price Simulations Scenarios (6 Dec 2020)

We will be tracking the stock over the next 3 months and see how our prediction fares against the market experts!

Cheers and Stay Safe!

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