Check out this brief summary on what happened to Muhibbah in the recent 20% drop in its share price. You should be insanely pissed off at CIMB Research for their call. It just shows massive negligence. If you are still not convinced why you need to think carefully before you trust your favorite analysts, read this uber comprehensive analysis on Muhibbah and then perhaps you will then think twice before you trust your brokerage reports again.
A while ago, I wrote about the sheer negligence in some analyst's research and also about how some research houses have the tendency to get you to Buy High and Sell Low.
In short, don't jump into the water just because someone else tells you it is safe. There really is no free lunch. If you want to profit from investing, you simply need to do your homework.
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