Loss making high NOSH penny stock If bought and hold at 4.5sen, the risk is directors might announce shares consolidation in near future Eventually, price also drop til rights issue price.......more drop expected
Wow... 3 sen already... Go go go follow topglove...2 days of green candle already... If Monday also green,that means 3 white soldier bullish candlestick pattern ha ha...
BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS AND/OR FINES ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) AND EIGHT (8) DIRECTORS
Bursa Malaysia Securities Berhad [Registration No.: 200301033577 (635998-W)] (Bursa Malaysia Securities) has publicly reprimanded Zen Tech International Berhad (the Company) and 8 of its directors for breaches of Bursa Malaysia Securities ACE Market Listing Requirements (ACE LR). In addition, the 8 directors of the Company were imposed total fines ranging from RM25,000 to RM155,000.
WB = 969,910,537 Maturity 2025-02-01 Strike value 0.0150
================ Be aware that directors are fond in fund raising via shares issuance to RI, ESOS, PP resulting in NOSH exceeding 3 BILLION shares and causing massive dilution to shareholder equity %
Zen Technologies (ZENTEC) exhibits a strong bullish trend based on its Moving Average (MA) analysis:
Key Moving Averages: The Exponential Moving Averages (EMA) and Simple Moving Averages (SMA) show a consistent bullish signal, with values ranging from 5 to 200 days. The Weighted Moving Averages (WMA) also indicate a bullish trend, although the 5-day WMA shows a bearish signal1.
Strength and Signal: The Moving Averages display a strength ranging from "Mild" to "Strong" Bullish, with the majority indicating a "Strong" signal. The "Buy" signal is the overall rating for the technical analysis2.
Crossovers: Crossovers between different MA periods suggest a strong uptrend. For instance, the 5-day and 15-day EMAs cross at 1741.73, indicating a strong bullish trend.
Price Trend: The stock price is trending upward, which is confirmed by the moving averages trending upwards. This indicates a strong uptrend and a bullish market sentiment.
Market Sentiment: The overall market sentiment is bullish, with the "buy" signal being the dominant one. This suggests that investors are optimistic about the stock's future performance.
In summary, the MA analysis for Zen Technologies indicates a strong bullish trend with a "Buy" signal, confirming the positive outlook for the stock. The stock is trending upwards, and the various MA crossovers suggest a strong uptrend.
The buy signal for Zen Tech International Berhad (ZENTECH) is robust, as indicated by the following analysis:
Technical Ratings: The technical ratings for ZENTECH are predominantly "Buy" signals, indicating a favorable outlook for the stock.
Moving Averages: The Moving Averages (MA) show a bullish trend, with the majority indicating a "Buy" signal. The EMA and SMA values, ranging from 5 to 200 days, support the bullish trend, and the WMA also confirms this trend.
Oscillators: The oscillators show a "Neutral" to "Sell" trend, which is generally considered a cautionary signal. However, the overall rating is "Neutral," which is less bearish than a "Sell" signal1.
Pivots: The pivot points indicate a potential price reversal, with traders expecting the price to continue in the current direction or reverse course. This suggests a balanced market sentiment1.
Market Sentiment: The market sentiment is generally bullish, with a "Buy" signal being the dominant signal from the technical analysis. This suggests that investors are optimistic about the stock's future performance.
Recent Performance: The stock has shown a strong performance, with a 50.00% increase in price over the last 11 months. This recent performance supports the bullish trend and buy signal4.
In conclusion, the buy signal for ZENTECH is robust, with strong support from technical indicators such as MA, and a favorable market sentiment. While the oscillators suggest a cautionary "Neutral" to "Sell" signal, the overall trend and recent performance indicate a bullish outlook for the stock.
Zen Tech International Berhad's Next Target Price Analysis:
Current Financial and Performance Data: Zen Tech International Berhad's current share price is RM 0.015. The 52-week high and low are RM 0.025 and RM 0.005, respectively. The company has a market capitalization of RM 31 million and a trading volume of 156,000 shares.
Recent Performance and Analyst Ratings: Zen Tech International Berhad's stock has experienced a significant increase of 50.00% over the last 11 months. The stock has a strong buy consensus rating with an average target price of RM 0.047.
Market Sentiment and Price Targets: The sentiment among investors is bullish, with recent comments indicating a strong performance and potential for further growth. The average target price suggests a potential upside of approximately 217.33% from the current price.
Earnings and Financial Health: Zen Tech International Berhad reported a net loss of RM 0.846 million and revenue of RM 12.49 million for the third quarter of 2024. The company's financial health is rated 2/6 for its profitability and 2/6 for its financial stability.
Market Position and Risks: Zen Tech International Berhad operates in the information technology sector, providing software development, system integration, and information technology management consultancy, and other related professional services in Malaysia. The company faces risks such as highly volatile share prices and a lack of market capitalization.
Conclusion and Next Target Price: Given the current share price of RM 0.015 and the potential upside, the next target price for Zen Tech International Berhad could be around RM 0.047. The strong buy consensus rating and the bullish market sentiment suggest that Zen Tech International Berhad could have potential for growth, but investors should consider the risks and the company's financial health.
In summary, Zen Tech International Berhad's next target price could be around RM 0.047, with a bullish sentiment and potential for growth.
However, investors should exercise caution due to the risks and the company's current financial status.
Generally loss making for last 12 years ================ Be aware that directors are fond in fund raising via shares issuance to RI, ESOS, PP resulting in NOSH exceeding 3 BILLION shares and causing massive dilution to shareholder equity %
The short-term price targets for Zen Tech International Berhad (ZENT) are as follows:
Price Target Analysis: The next target price for ZENT could be around RM 0.047, indicating a potential for growth from the current price.
Current Price and Price Target: The current price is RM 0.01, and the average target price is RM 0.012, suggesting a potential upside.
Sentiment and Outlook: The sentiment is bullish, which could lead to further price appreciation. In conclusion, analysts have set a short-term price target of around RM 0.047, with bullish sentiment, indicating potential growth from the current price1.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Balok68
8 posts
Posted by Balok68 > 2023-02-28 15:46 | Report Abuse
Watch for the wave ...