imvu..for day trading refer to the min chart ... breakout of 96.5 is genuine when price is above 98 then target is rm1 to 1.02...best of luck to all day traders
@Posted by jk20598 > 18 minutes ago | Report Abuse
One of the reason why High PE Tech Stocks like Inari,Greatec,USE,....dropping non stop could be due to demand shrinkage,as the world now in turmoil,especially Europe n USA.Products Europe n US bound will face demand shrinkage.Greatec n UWC have already shown slower growth in their latest Qr.As for Dnex,it is in a sweet spot,high Oil price,their products mostly going China n China GDP is growing at 5.5% this year.As such,Dnex business not impacted n HLIB TP1.35/1.64 n forecasted core profit growth CAGR 32% is real n possible.Real soon,Dnex share price will be northbound!Further more,as US hike interest rate n instigated the Ukraine war to stimulate the flow of USD back to their safe heaven country,this time it doesn't work because of China rising,most Funds will hang around in Asia.As todate,the war has started 2 weeks already,monetary indicators showed that not much USD has flocked back to US.Bursa the past 2 months has reported positive inflows of foreign funds! __________ You have a very good macro views than other other over goreng tech stocks gamblers , i respect u ! Most important thing is when all the funds rush in to malaysia tech stocks , do u think they will choose a company with both wafer plant , oil gas at PE 7 or other over goreng high >PE 30 stocks ?
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....
omega
494 posts
Posted by omega > 2022-03-09 09:59 | Report Abuse
@jk20598 thanks for good sharing Bro...