PWROOT (CODE : 7237)  IS A COUNTER TO SERIOUSLY PLACED ON YOUR RADAR:

1.   IT HAS BEEN CREEPING UP SLOWLY IN A BAD AND LETHARGIC MARKET SENTIMENTS; SURELY SIGNALLING SOMETHING GOOD IS BREWING ITS WAY.

2.   KUMPULAN WANG PERSARAAN HAS ACQUIRED ANOTHER 567,500 SHARES ON 17 AUG 2023, FURTHER CEMENTING THEIR CONFIDENCE IN PWROOT GOING FORWARD.

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN) | https://www.klsescreener.com/v2/announcements/view/5502885​

3.  POWEROOT HAS BEEN CONTINUOSLY BUYING BACK THEIR OWN SHARES TO STRENTHEN THE SHARE PRICE, AS PER NUMEROUS ANNOUNCEMENT MADE.

4.  THE FUNDAMENTALS OF THE COMPANY WAS STELLAR IN THE PAST QUARTERS AND I EXPECT THIS TO BE REPLICATED IN THE COMING QR RESULT TO BE ANNOUNCED ANYTIME THIS MONTH.

5.  ONE OF THE BEST DIVIDEND PAYING COMPANY IN BURSA MALAYSIA, PAYING GOOD DIVIDEND EVERY QUARTER.

6.  PWROOT CLOSED FRIDAY AT 2.19 TRENDING SLOWLY TO IT'S 52-WEEK HIGH OF 2.37.

7.  UNCONFIRMED MARKET RUMOURS OF AN IMMINENT TAKEOVER TARGET. WHATEVER IT IS, I FORESEE AN IMMEDIATE RUNUP TO ITS 52-WEEK HIGH OF 2.37 AND HIGHER THEREAFTER ONCE THIS LEVEL CONCLUSIVELY BREACHED.

MONITOR CLOSELY THIS FUNDAMENTALLY GOOD COUNTER . 

TRADE AT YOUR OWN RISKS.

SOME READINGS MATERIALS FROM RESEARCH HOUSES OUTLINING THEIR FAIR VALUE OF PWROOT:

​https://klse.i3investor.com/web/pricetarget/research/67887​

​https://klse.i3investor.com/web/pricetarget/research/67755​

​https://klse.i3investor.com/web/pricetarget/research/67752​

REGARDS

BURSAMASTER

DISCLAIMER: This post serves as an educational analysis and is never meant/ intended to be a buy/sell call or recomendation, whatsoever.

Investors / punters must always do their own due deligence before making any investment decisions. The author of this post is not liable in any way for any decisions made by any individual.