75 cents? Where got worth that much.. colect when reach 70 cents is more like it. Just look at the earnings.. earnings don't lie. At 70 cents before BI and share split is equivalent to RM 4.20.. still on high side.
today probably will up few cents base on trend, and lets dream with hope, sometimes good things do happen even we do the math and calculate all the possible cause with come up unworthy.
My opinion is overall plantation stock will remain stagnant. For sept-dec is normally a festive season and India is one of the biggest buyer for divali but rupee drop so much. Will it impact palm oil purchase? The buying power become less. More expensive for them to buy now.
Technically, it is not looking good for TDM as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. The support and resistance level of TDM are 0.775 and 0.84 respectively. The RSI indicator is giving a reading in the oversold region. This may indicate the price decline may be over-extended. However the price and volume action at the 0.84 resistance level is to be monitored carefully.
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SNCA
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Posted by SNCA > 2013-08-31 10:47 | Report Abuse
ya, long term outlook still looking fine, while healthcare improvement nt bad from quarter report