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(InvestFA) Stock That Could Double in 2016 (Part 2) - MWE + Personal Investment Experience

InvestFA
Publish date: Sat, 26 Dec 2015, 07:20 PM

Since Tan Sri Surin Upatkoon’s investment vehicle Pinjaya Sdn Bhd has shelved its RM391.4mil takeover offer for garment maker MWE Holdings Bhd, almost all short-term traders have get out of the stock. The stock price eventually went down from $1.59 to $1.36. After few days later, MWE's stock price climbing back to $1.46 (7.35% upside gain) with higher average volume that has not been seen over the years. Seems MWE's stock has getting interest from value investors which have large capital. Furthermore, MACD will eventually golden cross showing a strong buying signals too.  Based on the recent quarter results which posted by Magni's company, shows a strong revenue growth, this has prove that the whole textile industry will go further better in coming years. 

Its textile division has established itself as a reliable and reputable manufacturer of garments and enjoys continual orders from its long term overseas customers such as Nike, Lacoste, Oshkosh and Izod

Since April 16, I have started share people's investment article and based on their fundamentals analysis making my own personal investment decision. When I posted shared investment articles such like TPC PLUS, Comcorp, AHB, Cheewah, K1, and MWE, it shows that I personally own the stock and hold it until now. Almost half of the stock from the stocklist have evntually going up over than 100%. I know that my overall performance not that good as some well-known investors in i3. But when I buying stock, I will certainly make sure that I buying at a comfortable price. 

I am not asking you to buy any of the shares I mentioned above. But if you buy, you are doing it at your own risk.

 

Discussions
Be the first to like this. Showing 2 of 2 comments

paperplane2016

Why ppl nowadays like simply make statement like easy double, 140% upside return, blah blah, all false statement

2015-12-26 22:59

InvestFA

Time discovers truth.

2015-12-26 23:20

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