Hap Seng’s debt is not well covered by operating cash flow. With an unstable dividend track record and highly volatile share price over the past 3 months. The large one-off items impacting financial results leading to the unattractiveness of this counter.
It builds a solid base (support) for so long. That day dropped mostly due to panic selling. Between rm7.8 to rm9.6 actually there were not much of resistance, so as long as when the shark is coming, it can up easily to RM 9.6. Currently it is hitting a very hard resistance. To further breakthrough, we expect some correction. Not sure whether there is any good news, my point of view is mainly based on TA
China's Sinovac says coronavirus vaccine has shown positive results in trials 1 min read . 09:59 AM IST Edited By Surajit Dasgupta ( with inputs from Bloomberg ) Sinovac’s vaccine is among five Chinese experimental shots that have reached the crucial final stage of human testing before they can be approved for public use.
SultanMelaka, President Biden victory, favour to world trade, oil price spike up, covid-19 going to end soon, our economy will become prosperous once entering the year of 2021 ! So, I just posting more good news to let public aware to Sailang in stock market to making more monies for their early retirement only... if you not like my posts, just ignore it...
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....
RainT
8,448 posts
Posted by RainT > 2020-03-16 20:30 | Report Abuse
Mega sales