O'Mighty Capital Articles Archive

Pentamaster – Take Profit

omightycap
Publish date: Wed, 25 Jul 2018, 04:20 PM
See the original here

If you’ve recalled our previous post recommending Pentamaster here. This is our recommendation to close the trade for now.

Our previous buy recommendation at RM 2.24 versus current gains RM 2.91, that’s a whopping 30% gain in less than 3 months.

Our view still stays with what we wrote earlier.

We are not confident with the upcoming report as we believe the US dollars from the month of Jan 2018 to Mar 2018 would work negatively towards the company’s earnings report. – 22nd May 2018 (Pentamaster – KWAP Entry a Good Sign)

Sell nearing to next quarter’s report (the last week of August). Above RM 3.00? Yes this is possible…

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