gohkimhock, thats what i think too. From their last report they did mention that some works are at completion and in transition to new projects so the lower quarter. But i think most traders prefer to switch to faster growing stock base on their QR. This probably means that unless there is external catalyst news in semicon (perhaps NVIDIA result) this counter should remain bearing until next QR. As for me i think this counter has alot of growth opportunity in 2H 2024 - 2025, but like they say a good company doesnt mean a good investment, its only a good investment if bought at the right price. so DCA perhaps?
Stock: [KGB]: KELINGTON GROUP BERHAD
2024-08-27 11:02 | Report Abuse
gohkimhock, thats what i think too. From their last report they did mention that some works are at completion and in transition to new projects so the lower quarter. But i think most traders prefer to switch to faster growing stock base on their QR. This probably means that unless there is external catalyst news in semicon (perhaps NVIDIA result) this counter should remain bearing until next QR. As for me i think this counter has alot of growth opportunity in 2H 2024 - 2025, but like they say a good company doesnt mean a good investment, its only a good investment if bought at the right price. so DCA perhaps?