systech hanging at 0.385 causes of UMA n DJ drop ... so it sustain is good for pushing for tomolo .... i dun think it will re-trace back to 0.33... the Resistance will at 0.42 .... contra or no contra ... it wont hurt much...
What i can say for the last 6 months, systech is better... provided no more outside issue such as what rapid said.... i think, just my thinking, systech is one of the best it counter almong many...
After fierce selling it only dropped 0.005 Considered very steady. Playing shares there are ups and downs. Even when you go Genting to play big small...do you always gets Big big big big big ?? Today Systech open small...as long as there are more big than small you win. So tomorrow we will hope Systech will rebound and retest 40 sen. See what happened to jobst...lying low for a few days...and suddenly jump up.
Tomorrow should retest 41 sen if the market is green and Systech is fresh after the fierce sell off...lets see tomorrow. Today all the panic sellers wanted to sell after seeing DJIA dropping. No guts to pick up. Some also don't believe systech can fly. Never mind only time can tell. Look at IFCAMSC after crossing $1 considered expensive but still go people chase until $1.10...hahha...is Systech considered expensive at 38 sen compared to $1.10 of IFCAMSC. Both also same ace counters. Ask yourself.
ACE Market-listed Systech Bhd is looking at double digit growth in revenue and profits for the financial years ending March 31, 2015 (FY15) and FY16 helped by a new revenue stream and the expansion of its existing e-business solutions business.
If the coming QR results is good, then the price will jump up. So far Systech is rising fast in anticipation of a good results. Momentum will be intact with support at 38 sen.
QR report is expected to be released next month...hopefully before CNY. Momentum will be building....as we approach the date.....hope for double digit growth....money coming....
Once the contra players finished selling we will move on to 40 sen... just monitor...everyone still waiting for the break through..sharks are waiting ....Just look at Jobst, K1, Efficen, Dnex, Opensys, Novamsc...everyone is watching closely at the IT stocks... IFCAMSC already out from penny stock...Which company will follow IFCAMSC to be the next to reach $1? As long as the growth and profit is coming in the next QR report....Systech got a high chance to break through..
One man's meat is another man's poison. When the counter drops, those who missed the bus will come and nibble and bargain hunt. If it keeps going up, those missed the bus cannot buy. I think some smart investors are waiting for sellers to sell before mopping up...lets wait and see.
I have witnessed it to be always the same pattern....flushing out contra players and then it will move very fast up...and you cannot chase it. Now it is profit taking time, best time to buy. Anyway lets see if we can see another up surge later. As the QR report is still not released yet, everyone is anticipating a good results. There might be another surge towards 40 sen.
Sumatec is due to oil price...Systech is not related to oil. If the QR report is good, Systech can fly. Sumatec not able to fly because everyone know it is oil related and oil is down the drain.
Well....we are in the same boat... Haha...Sabar...Patience... As long as you are in the correct boat you will reach your destination. Just look at IFCAMSC...all abroad happily counting money. This CNY all IFCAMSC investors got big ang pows. Systech investors should be counting money too...if the QR report is good....hahahaha
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kha8008
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Posted by kha8008 > 2015-01-28 16:39 | Report Abuse
What i see, ifcamsc n systech both similar movement.... same operator...