Aturmaju Resources Berhad, a company which has recently announced their diversification strategy into information technology has made the company a profit in Q3 2018.
The company has recently announced that it will raise up to RM10million to enter the Information Technology (ERP Software) market. These are very positive news as it will allow Aturmaju to gain exposure to a high-growth segment with a lot of revenue potential. These events make it very likely that Aturmaju’s stock will shoot up in 2019 too.
Last but not least, as can be seen on the chart above, the company’s revenue is growing again and it is very likely to continue on this trend for Q4. To sum up, Aturmaju is a good opportunity to be invested as they had execute an excellent diversification strategy, for these reasons, we expect Aturmaju’s stock has a possibility to move and increase significantly in 2019.
Chart | Stock Name | Last | Change | Volume |
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Created by Jordan Khoo | Jul 11, 2019
Created by Jordan Khoo | Mar 28, 2019
Created by Jordan Khoo | Mar 04, 2019
Created by Jordan Khoo | Feb 14, 2019
hi jordan, looks like we analyse the same good stock here. When you started to buy in?
2019-01-12 18:33
been holding till now the price is 0.34. If you look into the google graph, it starts stable since december till now. Mostly is because of the announcement of diversification. I agree with the graph, that in Q4 it most likely that it will increase further as news mention that the business apparently now might have 3 big clients & focusing on providing them ERP solutions. Will hold longer though.
2019-01-12 19:12
@LimKT, hi there, to me i will be holding until Q4. At the same time, please look out for more news related to this if you are interested in this.
2019-01-14 11:40
To the above members who saying i am getting new accounts to likes, i do not do that. I have started writing TA/FA and publish on my private group and i have been around on i3 since last year.
Also i have seen few articles on i3 that has liking from new/empty accounts, why is that pushing own article? I just wanted to contribute to the community with news and TA/FA of stocks. I do not "push" stocks. You can always analyse and read news out there and make decision on your own.
2019-01-14 11:59
The counter got some positive movement since last weeks. Keep monitor dlu...
2019-01-15 15:58
after i use IT multiple to value them, this stock is a definitely very undervalued stock, need to get some before others realize it....
2019-01-15 21:44
saw this on today http://www.sinchew.com.my/node/1830758, seems to be a profitable stock.
2019-01-16 16:41
hey dude, thanks for the article, i'm going to buy in now. Sharing another news from the forum to here.
http://www.theedgemarkets.com/article/aturmaju-resources-enters-mou-yess-provide-inventory-tracking-system?type=malaysia
2019-01-16 22:29
I think u can expect more to come, announcement said pending 3 deals coming in, assume get half also not bad..Need to accumulate more before it skyrocket
2019-01-17 22:13
Jessie Ng
yup, been monitoring this stock quite a while. It seems they are doing quite well.
http://www.theedgemarkets.com/article/aturmaju-raise-rm10m-rights-issue-fund-it-venture
2019-01-12 18:14