On 29th Dec, I came across this: 

And I thought, he's very confident in this company... RM 10 million more confident. Potential election play? 

I don't like to guess so we got to work and found out more about this company:

So there you go. Based on our research, we conclude that Destini Berhad is at most a speculative, election play for short term gains. Taking a look at the chart:

Good volume on coming on the recent trend reversal (now we know why - refer slide 9) and price gapped and broke nicely up the confidence line (blue line). I might buy this once the blue line readjusts based on the latest price movements and then breaks out again, with a minimum of 20% return.

Trade at your own risk. 

- JT Low

Stocks:

Destini Berhad | KLSE:DESTINI (7212)

Boustead Heavy Industries Corp | KLSE:BHIC (8313)

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