Author: SEE_Research | Publish date:
(NOW SHOWING : THE TRILOGY OF FAST & FURIOUS SHOW )
Part 4 D
4 D - meaning " D" = Dynamic "
ANCOM/4758 & NYLEX / 4944
with special highlight in rubber gloves stocks + inter related healthcare stock
ADVENTA / 7191 = Dynamic
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WHO announces COVID-19 outbreak a pandemic
As the World Health Organization (WHO) announced Covid-19 outbreak as a pandemic,
glove stocks naturally became attractive to KLSE investors,
new waves of Covid 19 with increase in frightening intensity , it alarms the world population ,
the glove stocks in Malaysia ,are now, in April 2021 beginning on a " fresh relook "
by the new investors and continuously pouring fresh funds into the gloves stocks especially in the second tiers
(Careplus /0163 ;
Comfort /2127;
Rubberex Corporation /7803 ),
also gloves related business as the gloves dipping tanks ; hand formers for making gloves , not limited to
HLT /0188,
KSSC /5192 , (technical breakout at RM 0.63 ,
short term : RM 0.77
mid term : RM1.20 )
ES ceramic /0100,
the first tier of the gloves stock ( Supermax/7106 )
and inter related healthcare stocks ,
such as Adventa / 7191 ,
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1. For your kind information , a few of my close relatives , just called me up ,after 9.00 pm, 1 May 2021 ,
as 1 May 2021 is a holiday
( Worker Day ) , they are in the house at that time , and they requested for further information ,
SUMMARY
( Adventa /7191 )-- this SUPER STOCK
( 7 April 2021 /closed RM 0.815 ;
have greatly recovered among the others, its peers
to 30 April 2021 / closed RM 2.26 ;
with 15 trading days , resulted with huge gain -RM1.45
such an amazing RECOVERY STOCK FOR APRIL 2021 and also coming May 2021
with a short period of 15 trading days AND MORE ROOM FOR UPTREND TO COME ,
AS ADVENTA HAS MORE STRONG AGILE LEGS ,
after a short rest of one day thru WORKER DAY (1 May 2021 ).
WILL ADVENTA RECOVER TO THE OLD HIGH /
RM 5.18 created on 5 August 2020 ?
and surpass the old high
as the longer term investors envisaged the higher prices , can come into full realization .
ADVENTA is of similar business of inter related products of healthcare in the group ,
but ADVENTA is hand picked by the new investors and they opt out and settle their choice .
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Technical Analysis from 8 April 2021 to 30 April 2021
April 2021
2.1 8 / closed / RM 0.995 / first day to form a cup
2.2 16 /closed / RM1.03 (formation of cup )
2.3 19 / closed /RM 1.07 ( breakout )
2.4 3 long green candles / formation of a long pole
2.5 22 / closed /RM 1.39
2.6 23 / closed /RM 1.64
2.7 26 /closed / RM 2.00
2.8 30 / closed /RM 2.26
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Prediction
2.9 coming 3 more green LONG candles , from 3, 4, 5 May 2021 onwards
SEE_ RESEARCH
TARGET PRICES for Adventa / 7191
SHORT TERM : RM 3.30
MID TERM : RM 5.75
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ANCOM /4758 & NYLEX / 4944
As for the Ancom /4758 and Nylex /4944 , corporate exercise ,
please read on the full research report , ( with full details ) published thru
1.45 pm ,1 May 2021,
AFTER BETTER UNDERSTANDING , THE MARKET PARTICIPANTS WILL ACKNOWLEDGE THIS CORPORATE EXERCISE
WILL RESULT IN POSITIVE MANNER FOR BOTH COMPANIES.
https://klse.i3investor.com/blogs/see_research/2021-05-01-story-h1564230049-_NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Part_4_D_4_D_meaning_D_Dy.jsp
The Specific Answer: ANCOM/4758 & NYLEX/4944
SUMMARY
SEE RESEARCH
FOR NYLEX :
TARGET PRICES
RM 1.50 short term,
RM 2.00 mid term
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FOR ANCOM:
TARGET PRICES
RM 2.50 short term,
RM 3.30 mid term
Key Abbreviations:
1. Ancom Berhad - is the holding company of Nylex (Malaysia). Berhad and Ancom Logistics Berhad, both are listed on the Bursa Malaysia Securities Berhad Main Board and ACE Market respectively.
2. Entopest Environmental Services Sdn Bhd (wholly-owned subsidiary of Ancom Berhad).
3. Fermpro Sdn Bhd (subsidiary of Nylex Berhad) Nylex Malaysia Berhad.
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Thanks for reading and see you in the next post.
DISCLAIMER:IT IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION, WRITTEN AS ARTICLE FOR SHARING PURPOSES TO KLSE COMMUNITY MEMBERS.
Investment involves risks, including possible loss of investment and other losses.
This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein.
The author may have positions in some of these instruments. The author shall not be responsible for any losses or profits resulting from investment decisions based on the use of the information contained herein. If investments and other professional advice is required, the services of a licensed professional person should be sought.
ISSUED BY SEE RESEARCH
(SENSING EAGLE EYES RESEARCH)
Chart | Stock Name | Last | Change | Volume |
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Created by SEE_Research | Feb 26, 2023
Created by SEE_Research | Jan 05, 2023