don't worry about profit taking for VIS, this stock is different from those penny stock that kena goreng recently without strong fundamental, this stock with rock solid fundamental, you sell you regret, you heart pain later
good grab but very hard to push up without volume atm, sell queue is almost 10 times buy queue now. but of course, if you plan to hold mid-long term this is a good stock.
Based on the latest financial results, an analyst told The Edge Financial Daily that VisDynamics was valued relatively cheaper than its peer Vitrox Corp Bhd. "Assuming they could maintain a net profit of RM2 million per quarter, the stock is trading at five times its PER compared with Vitrox (which is) over 15 times," said the analyst. - The Edge Financial Daily 16/1/2017
Very happy to see the below message from the CEO, we can now comfortably assuming the forward annualized EPS to be at least 7-8 cents.
"Choy is positive about the company’s earnings prospects for the next six months, as it has several machines to be delivered to its clients during that period.
“With the current orders in hand, we believe that the financial performance would be comparable to the latest quarterly earnings, barring any unforeseen circumstances,” he added."
i thought the support at 47 is very strong, doesnt seem like it now lol.
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Woot2
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Posted by Woot2 > 2017-01-13 16:26 | Report Abuse
apply cold water on the burnt spot