First posting at: 17/8, Repost at 19/8
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Yes, if you own this share for weeks or longer, you should have on profit now. And i recommend BUY call. Since last week, it tried to break the resistance 0.595 to 0.620. There were news about land acquisition in Seremban and it had boosted the price with its mother share. Last Friday, one hour before Thursday, news about Additional Listing Announcement attracted more buyers to buy the heavy selling volumes. The price was stabilised back to 0.595.
Eventhough the RSI has risen to almost 0.70, it might break the overbought level with the rising price.
The target price=0.71, assisted by the new dividend issued coming September and next 2nd quater result on this end of August.
Stop loss- 0.565
BUY at YOUR OWN RISK.
This is my first post since i joined I3Investor. I'm newbie in stock trading and still learning from time to time. It is my humbe view and TA on Mahsing-wb. Welcome Sifu to give advice as well as critisizing.
I believe, Sharing is Caring. :) Happy trading.
Latest News about Mahsing:http://www.thestar.com.my/Business/Business-News/2014/08/18/Overwhelming-response-to-Mah-Sings-Lakeville-Residence/
Created by cjiejack | Aug 22, 2014
Thank you for supporting.
Appreciate if you correct me if there is any mistake :)
2014-08-20 10:40
another 70mil qtrly profit will boost mother above 2.45, n yummy premium for d son, plus gearing will give a wing to fly. seen d smart ones is doing what they should do!
2014-08-22 11:06
They are collecting the share. Just waiting the quarter result coming out. Good point 1901.
2014-08-22 15:02
KL Sam
i come to support your 1st post
2014-08-20 10:03