Technical Buy - SCOMNET-WA (0001WA) - PublicInvest Research | I3investor
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Technical Buy - SCOMNET-WA (0001WA)
Author: PublicInvest Publish date: Wed, 29 Jan 2020, 6:11 PM
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Target Price: RM0.535, RM0.590
Last closing price: RM0.490
Potential return: 9.1%, 20.4%
Support: RM0.440
Stop Loss: RM0.425
Possible for further upside. SCOMNET-WA rebounded off its key support level. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.515 be broken, it may continue to lift price higher to subsequent resistance levels of RM0.535 and RM0.590. Note that the maturity date of SCOMNET-WA is on 19 June 2024.

However, failure to hold on to support level of RM0.440 may indicate weakness in the share price and hence, a cut-loss signal

Source: PublicInvest Research - 29 Jan 2020

0.20

Medical devices products

Buy buy

Accumulate

any news ???? signed a letter of intent (LOI) with Foodict Maker ????

Up up up

Yes cash rich and good dividend

https://youtu.be/cTcd2WcVSLE

https://www.malaysiastock.biz/News.aspx?newsID=84593

Accumulate more

Cherry88@ yes yes Cash Rich & next quarter will be better

Actually The quarterly result is about the same as previous year if excluded the one-off ( other income ) of impairment recovery and insurance compensation (RM4.5mil + RM4.28mil = RM8.78mil). FYI. The revenue is increasing

FYI A lot of buyers including me are queuing to buy now & those pls sell it now if you dare to loss

Time to accumulating

Let go to count down tonight ?

My viewed recently VND currency was strong may impact the foreign loss.

Cherry88 satisfactory?

Rebound today. Good

Huat Huat

A.M. BEST AFFIRMED RATINGS OF MALAYSIAN REINSURANCE BERHAD

I lari first

MD sell 13.81% stake

Luckily Poh Huat have 2 factories in Vietnam

QR yet release ??

Yu_and_Mee@ hahaha impossible. TP over RM 1.00

https://www.facebook.com/519383711598916/photos/pcb.1146820305521917/1146812015522746/?type=3&theater

Queuing buy more

No one want to sell

Tomorrow >1.70

Wow 1.68

Impossible

Accumulate more

sell sell

Ho ho up up up

Up up up

12 dec

Should 3rd week of dec. should be good result

MNRB：普险业暂无必要整合 - https://www.orientaldaily.com.my/news/business/2019/12/04/317475 (Share from StockHunter)

Count down for QR

Fly soon

Tomorrow 0.26

Next week up up up

Accumulated past few day

PaulNewman@ yup. FPI has a new plant catering for Wistron...FPI might increasing it revenue & profit

Cheers to all

It WA Maturity on 2020-10-18 & can buy some only

FPI is now benefiting from Apple supplier, which is Wistron Corporation (a Taiwanese company: https://www.wistron.com/CMS/Page/169) shifting its production from China to Malaysia.

Let see on 2nd Dec 2019 & To be updated:

“On behalf of the Board, M&A Securities wishes to announce that, on 31 October 2019, BCM and the Parties have mutually agreed to extend the Closing Date of the LOI to 2 December 2019 for the finalisation and execution of Definitive Agreement(s). All other provisions contained in the LOI shall remain in full force and unchanged.

Nova is expansion & fundamental & cash Rich