RSI >50 = Buy Signal. Next resistance level is 0.27 within next 8 trading days. Retailer is reducing. Good sign. Hot money is flowing in. Next: expecting more institutional investors soon.
Pursuant to Paragraph 9.03 of the Ace Market Listing Requirements of Bursa Malaysia Securities Berhad (“AMLR”), the Board of Directors of Privasia Technology Berhad (“PRIVA” or “the Company”) wishes to announce that Privasia Sdn. Bhd. (Company No. 262717-T) (“PSB”), a wholly owned subsidiary of PRIVA, had on 27 January 2016 accepted the Islamic Banking Facilities (“the Facilities”) offered by Alliance Islamic Bank Berhad (“the Bank”), of up to RM35,000,000.00 (Ringgit Malaysia Thirty Five Million).
Wait for the report then talk...look at Genetec..once report out...go down...unless Priva can give a good QR then the chance will be good to go up...else ....better stay out and let it drop to a more lower level before buying...market sentiment is NOT good... actually...everyone is burnt...I mean those who touch any stocks ...is burnt...as a lot of stocks are drifting lower and lower....see ? Dolmite? all crying.... see Genetec? All crying... KTC, XOX, Frontkn, Vivocom, Novamsc...all down.
Declining revenue and profits, IT services cash cow no longer providing enough and their foray in to providing comms services, obviously not working yet. Lets hope their recent Rm35000000/ facility is put to good use!
For an IT services company, their web site, is an absolute embarrassment to them. If this is the attitude they bring to their business, they deserve what they get.
Really cutlost? Please give the detail behind that comment? Also perhaps you can explain why you deleted your comment about them announcing a lot more business?
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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....
JN88
11,670 posts
Posted by JN88 > 2015-12-08 10:51 | Report Abuse
My selected counter to focus for year 2016.