Target Price: RM0.180, RM0.190 Last closing price: RM0.165 Potential return: 9.0%, 15.1% Support: RM0.160 Stop Loss: RM0.145 Possible for trend reversal. AURO is potentially staging a breakaway from its downtrend, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.180 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.190.
However, failure to hold on to support level of RM0.160 may indicate weakness in the share price and hence, a cut-loss signal.
I thought that Eksons was in a bad shape as its plywood business was dependent on 3rd party timber supplies. You can imagine the timber companies giving priority to thier own plywood operations making life hard for Eksons. Refer to https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=27024. But when I compared the past 10 years ROE of these 2 companies, I found that Auro performance was worse.
Buy call 16.5-17 cents Wait and see few days see can get cheao,or else this range. Tp 20-21 cents again. 19/10/23 9.50am Please follow me or subsribe me as students. Come to join me.situation very critical.u need some advice and tweaking. 3 as below; I)teach some II)shares review every one or 2 weeks III)share recommendation or ask to buy or sell share u have. IV)tell u shares to avoid if overbought (mainly people no knowledge) Bro Michael(with ang pow picture) in FB. Charging rm 150 per month. Go to see how
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....