News that GUH is poised to make a comeback following the expansion of its printed circuit board (PCB) manufacturing operations in Penang and Suzhou, China sent its share price higher 2 sen on Monday, and a further 6 sen yesterday. As a result, GUH has rebounded from its trend line amid markedly higher volume. The key indicators have also hooked up to signal that buying momentum is picking up, and we expect follow-through buying activities to carry the share price towards the Oct-2013 high of RM1.15 (R2) and possibly RM1.26 (R3) next.

 

Source: Kenanga