Target Invest - We Target, We Invest

KSL on path to break out - Potentially link to development of vaccine manufacturing plant in Johor?

targetinvest
Publish date: Fri, 04 Dec 2020, 12:44 AM

For latest information, can join us at

Blog https://targetinvest88.blogspot.com

Telegram https://t.me/targetinvest88

 

 

We are already at the last month of the Year 2020. From beginning of the year until end of the year, I hope you had learned something, especially in the investing communities. Market is very volatile and irrational, but we can only learn how to flow on with it, not to go against it. With ample of quantitative easing around the world, it is hard for the market to fall.

 

Now with the primary discovery of the vaccine for Covid19, this is an opportunity for those companies that are quick and fast.

 

Companies linked to the distribution, co-manufacturing, or those acquired sole distributorship had been in the heat. From logistic, warehousing - Now the heat is going to be building a vaccine manufacturing plant in Malaysia.

 

There are a few rumor going on in the market where properties developer will be linked up to build vaccine plant in Malaysia in order to transformed Malaysia into a vaccine development country.

 

There are roadmap for Malaysia to development vaccine by Q2 of 2021

https://www.malaymail.com/news/malaysia/2020/11/25/khairy-malaysia-to-have-vaccine-development-roadmap-by-q2-2021/1925945

 

 

Good land and strategic spot for vaccine development will be at the hand of large developer. With the current sluggish in property market, the only excitement that can spur interest in the listed property company shares could possibly linked to participation towards vaccine development in the future.

 

I believe KSL could be on the list for some benefit.

 

 

CASE STUDY AS A REFERENCE

 

As you can see, IOIPG had been seeing some strong volume on 29th May 2020. Lately, IOIPG surging more than 30% after a triangle breakout. Very potential link to very good news to have this kind of volume.

 

 

 

Now refer to KSL. 29th May 2020 also got good volume in sight, but not so much compared to IOIPG. Now the share price is consolidating and very likely to break out on triangle. Bullish note ahead with recent strong accumulation spike with 20million volume transacted 2 weeks back.

 

 

 

 

 

The time frame of the share buy in by the owner / director in large sum also took good interest for the company to be on good prospect.

 

 

 

 

Based on this, I think KSL will breakout and goreng goreng until RM 1.00

 

 

Above are just my analysis for KSL, not an invitation to buy sell trade. Please do your own study and make your own decision.

 

 

For latest information, can join us at

Blog https://targetinvest88.blogspot.com

Telegram https://t.me/targetinvest88

 

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment