its not idling though..it has already shot up so much in a short period of time..u cant expect the price to keep going up indefinitely. there's always going to be a period of consolidation before the next breakout. but if you're in for the long term, currently its a good entry. rm3 will come before u know it
disappointed Qtr result. Revenue, Profit and EPS all going down trend, only increment is protection of own ASSET. Time to question what went wrong on 31 May AGM.
No surprise for the downtrend last year due to MCO, I believe this is a very good counter with proper management, just need some patience to grow together with the company
Last year's pandemic environment and acute health consciousness spurred automotive ownership and demand with greater interests, especially with the heightened awareness of safer independent travel and transportation. This has augured well for the automotive lighting business, coupled with broad adoption and acceptance of ongoing progressive improved lightings as an essential feature for cars within the automotive LED lighting industry.
As with previous years, the demand growth for advanced external lighting applications with newly added intelligent technological features and state-of-the-art optics design will continue to provide a strong base for sustaining the Group’s strategic expansion in the automotive LED lighting business.
New technological and lighting design developments to support the automotive demand wave of the future in Electric Vehicles (“EVs”) and the imminent on-set of Autonomous, Self-Driving vehicles globally, especially in advanced economies, will also provide a crucial catalyst to spearhead the sustainability of the Group’s business growth in this sector.
These ongoing progressive and future customer-centric innovations and advance development in automotive trends will definitely be beneficial for the Group’s continuous thrust and investment into this specialised area of automotive business.
Big fish are collecting from those who were panic sell,from those who dont have money to hold,untill they have collected satisfactory,they will push the price up,TP is RM3.00
The research house has kept its “buy” rating on the stock with a target price of RM2.74 after the company entered into a joint-venture (JV) agreement to own a 40% stake of Skywooo which is a current supplier of Proton for RM800,000
Research house will bring u to holland friends because they are the no.1 big liar in stock market !A stock with normal qr np n poor div like jhm actual fair value only around rm 1 - 1.50 max ! If want goreng gambling also wait it will drop to 1.50 only buy in !
What i predicted is 100 % accurate , poor div ,normal q np ,just over goreng by IB to trap ikan bilis now they released after take huge profits n run , dont buy in now u will die ! Rm 1.50 is coming then only consider to buy or not !
Remember 70% bursa tech stocks no value more than rm 3 , most of them are traps to trap ikan bilis ! This is not NASDAQ dont put too high expectations on normal tech stocks unless they have very special future plan or projects !!
Lockdown n mco again ! All tech stocks n bank stocks n tourism sure drop kaw kaw tomorrow before long holiday ! Because after holiday maybe more drop !
Ai Zai , Mai Kiaaaa(dont scare) . Stay steady , dont shakeeee . EV car is the future ^^ Mco time , all people will have more time to trade stock ^^ Fulltime goreng stock is coming . Jhm chill ya
Wow ! All the fxxxxxx over goreng over value tech stocks will drop back to their actual value not more than rm 3 some even not more than 1.50 or rm 1 !!!
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Posted by Prashan Ram > 2021-04-20 14:28 | Report Abuse
its not idling though..it has already shot up so much in a short period of time..u cant expect the price to keep going up indefinitely. there's always going to be a period of consolidation before the next breakout. but if you're in for the long term, currently its a good entry. rm3 will come before u know it