RHB Investment Research Reports
Trading Stocks - Boustead Plantations
rhbinvest
Publish date: Wed, 09 Mar 2022, 09:49 AM
rhbinvest
0 3,568
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Boustead Plantations found its footing above the 21-day average line as it bounced off that line to close higher yesterday – following the recent pullback. If it manages to surge above yesterday’s high of MYR1.09, the bulls may jump further towards the next resistance of the recent high of MYR1.22, followed by MYR1.30. However, the momentum may lose steam if it falls below the MYR1.00 psychological support, ie below the 21-day average line.
Source: RHB Securities Research - 9 Mar 2022
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on RHB Investment Research Reports
TAS Offshore - Capitalising on Indonesia’s Coal and Nickel Demand
Created by rhbinvest | Apr 25, 2024
Featured Posts
New Update. Discover investment communities that resonate with your ideas
One App To Trade Malaysia & US Stock With 0* Commission
Apps
Top Articles
2
save malaysia!
3
RHB Investment Research Reports
5
6
7
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
Don't bother with day to day fluctuation as we already KNOW FOR SURE this May 2022 Bplant will report 16.6 sen profit from Kulai land sale.
A handsome dividend will follow
So just buy and hold Bplant as this year with Cpo at Rm6,000 to Rm7,000 and higher Bplant will see outsized profits
60% of this profit will be given out as dividend
No other industry earning 200% profit like Palm oil now
So stay the course
2022-03-10 08:25