The price chart shows that a few attempts have been made to break the Rm 1.52 peak in vain. Just like doing anything, If you keep trying again and again, you will eventually succeed. Based on the price rise of 6 sen and 4 sen in the last 2 trading days to close at Rm 1.52, it looks like it has succeeded. Moreover, at the close 6.4 million queuing to by at Rm 1.51 and only 460,000 queuing to sell at Rm 1.52.
Many clever investors and experts expect the price to continue to go higher and higher, especially in view of the additional contract award and the increased profit in the next 2 quarters. Many investors expect the price to be Rm 2.00 when the 3rd quarter ending September result is announced before the end of November.
Many commentators on i3investor.com who have been boasting that they sold earlier to buy back at cheaper prices are caught with their pants down.
The old English phrase “caught with pants down” means that one is caught in a vulnerable and often embarrassing position or situation. It means laterally one is caught cheating on your wife with his pants down.
I hope readers will take advantage of this article to make more money.
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