lower downside - price now break support where trader already cut loss - lower bb, oversold - the lowest it can be might be 90c , i can take it
higher upside - pos will not bankrupt, asset higher than debt - postage rate has increase since end last year - logistic sector good - possibly turnaround coming qtr - good volume when market chase it
pos will be turnaround this year, only a matter of which qr, the earliest will be coming qr, if not the next qr
growth wise i’d prefer sendai, higher oil price will be good for middle east and sendai has billions of order book there, plus its liftboard charter will gives recurring income to its revenue and 2nd liftboard in the making, another recurring income
Usually price goes up to 1.1 - 1.2 before the Qtr report and slowly fall back once it released. Buy low sell high, already earn twice by using this methodology.
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....
AllanTingAS
572 posts
Posted by AllanTingAS > 2021-02-03 20:54 | Report Abuse
Big concern is the QR whether profit or loss! And majority estimated is still in the red. Of course, don't look for dividend.