KLSE (MYR): HEXCAP (0035)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.52
Today's Change
+0.005 (0.97%)
Day's Change
0.51 - 0.52
Trading Volume
648,700
17 people like this.
12,853 comment(s). Last comment by calvintaneng 6 hours ago
calvintaneng
55,153 posts
Posted by calvintaneng > 2020-02-20 08:19 | Report Abuse
Very good morning all
Like an incoming wave stock prices move forward 3 feet then retrace backward 2 feet
The wave movements do not go in a straight line. So is stock prices.
During the Ogse bull run of Carimin, velesto, penergy, Uzma and Dayang prices moved up strongly and the retraced many times
But it moved higher and higher as Ogse job awards progressed
So these same patterns will be repeated in Nfcp bull run
The power behind how far and how high each individual stocks can go depend on
1. The quantum of job awards
2. The profit margin it can show up in its balance sheet
3. Any special incentive to shareholders management might dish out. In Carimin and Penergy are dividends while Dayang gave rights issue at attractive price
So these can be expected in Nfcp stocks in coming months and years as they garnered new found wealth...overflowing wealth from Nfcp jobs like never before
Traders who are nimble and Chun will do well.
Greed and fear will always be in play
But since we have a very very favourable wind we should unfurl our sail and catch the bull run for as long as it lasts
Regards
Calvin