Pos Malaysia Bhd has yet to obtain official details on the new postal tariff rates and the implementation date from the government although the postal service provider has received a letter confirming the approval for the tariff hike. “We are awaiting further details on what was approved and tabled. So far, there is nothing to announce yet,” a source within the company told Bernama. The source added that the change in pricing would not impact the postage rates for domestic non-commercial users. Earlier, Nikkei Asian Review reported that the government has approved a proposal from the listed national postal service company to raise rates, its first revision in nearly a decade. Attributing the information to two unidentified ministers, it said Pos Malaysia was expected to announce the changes soon. The changes include increase in tariffs, changes in the tariff structure, and deregulation in some segments, a senior government official said.
even after tariff adjusted still need to observe further coz present mgmt team doesn't give me the confidence they are capable. It seems they depend badly on tariff to bring company back to black
Dah 10 tahun , tak kan tak bagi cukup untuk pos dapat untung. Kejatuhan hari ni agak melampau.
POS (4634): POS MALAYSIA BHD - Overview | I3investor
POS MALAYSIA BHD Last Price Today's Change 1.49 -0.07 (4.49%)
Board: MAIN Sector: Transportation&Logistics Avg Volume (4 weeks): 1,714,895 4 Weeks Range: 1.36 - 1.67 52 Weeks Range: 1.22 - 2.26 Average Price Target: 1.26 Price Target Upside/Downside: -0.23 POS Malaysia Bhd is a Malaysia-based company engaged in providing postal and business solutions. It performs its operations under four segments comprising Postal Services, Courier, International and Logistics and Aviation. The Postal Services includes the provision of basic mail services for corporate and individual customers. Courier includes courier, parcel and logistics solutions by sea, air, and land to both national and international destinations. International includes the direct entry and transshipment. Logistics and Aviation include cargo and ground handling, in-flight catering, freight and forwarding and air cargo transport. Date Range Close 16/12/2019 1.55 - 1.58 1.56 13/12/2019 1.53 - 1.64 1.58 12/12/2019 1.40 - 1.67 1.56 11/12/2019 1.40 - 1.43 1.41 10/12/2019 1.39 - 1.42 1.40 09/12/2019 1.39 - 1.41 1.40 06/12/2019 1.39 - 1.42 1.39 05/12/2019 1.37 - 1.40 1.40 04/12/2019 1.38 - 1.40 1.39 03/12/2019 1.36 - 1.42 1.40 02/12/2019 1.37 - 1.45 1.39 29/11/2019 1.40 - 1.42 1.42 28/11/2019 1.41 - 1.44 1.41 27/11/2019 1.41 - 1.46 1.42 26/11/2019 1.40 - 1.45 1.45 25/11/2019 1.47 - 1.56 1.48 22/11/2019 1.45 - 1.53 1.53 21/11/2019 1.41 - 1.45 1.44 20/11/2019 1.40 - 1.43 1.41 19/11/2019 1.40 - 1.43 1.40
POS Malaysia shot up and formed a long white candle in its lastest session. With an RSI level above 50%, it may continue to climb above the resistance price of RM1.56. If this happens, its short-term target price will be RM1.67 followed by RM1.76. Support price is anticipated at RM1.43, whereby traders may exit on a breach to avoid the risk of a further correction. Trading Call: Buy upon breakout above RM1.56 Target: RM1.67, RM1.76 (time frame: 3-6 weeks) Exit: RM1.43 Source: AmInvest Research - 24 Dec 2019
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 37 views | 9 h ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
MQ Trader 40 views | 3 d ago
0:17
New IPO: TMK Chemical Bhd, a provider of total chemical management of inorganic chemicals aims to list on the Main Market!
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....
richman
10,110 posts
Posted by richman > 2019-12-17 11:56 | Report Abuse
going down fast to where it started 1.40