Stevent Hee

Your Destiny - Stallion

StallionInvestment
Publish date: Tue, 09 Jan 2018, 02:52 PM
My picks will be based on both Fundamental (Minor) and Technical Analysis (Major)

Having experience in the financial industry, we still hope that readers would trade at their on risk and look in your own risk appetite before trading.

Happy Trading!

DESTINI BERHAD 7212

Share Issued : 1.155b

Syariah : Yes

PE : 20.62

NTA : 0.4368

 

PREPARED BY STEVENT HEE

 

GOOD POINTS :

  1. CIMB IB Research start coverage on Destini, Target Price 74 sen. Source obtain from http://www.theedgemarkets.com/article/cimb-ib-research-starts-coverage-destini-target-price-74-sen
  2. Destini had delivered three units patrol crafs for MMEA in 2015 for the contract sum of RM381.3million. There is 3 more units to be handed over to MMEA by Jun 2018. Believe this will contribute significant earnings for the financial year 2018.  Source obtain from http://www.theedgemarkets.com/article/destini-sees-more-exciting-year-ahead-contract-contributions
  3. Active acquire by Rozabil @ Rozamujib Bin Abdul Rahman since 29 Sept which increase his stake holding from 24.13% to 25.4%

Technical Outlook:

Time Frame : 1 week : 1 month

Support : 0.585 ; 0.63

Resistance : 0.68; 0.74 ; 0.84

 

Disclaimer : Trade at your own risk. Kindly consult your dealer/remisier for any investment decision. Above is merely for educational sharing purpose.

 

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