tis huayang price should not at RM1.65, good fundamental, good prospect, good management team, good future planning, malaysia property booming, LOW PE!! wtf... dun understand why still dun wan reach RM2.50 or above...
the reason why it hard to go up to 2.5 is because for this 2 years, 22 cent dividend given, then last year 1:3, this year 1:4 ... very fatten the holder already ...
1.63 support for HuaYang. If broke below 1.63, then 1.52 ~ 1.56 will be the support ranging. Charting, may be flag formation. 20MA kissing 50MA, looks excited these 2-3 days to see clear on the direction. Strength in uptrend remain. Good Luck. TA change daily, so today's TA doesn't meant for tomorrow :)
2-3 days to see whether the selling pressure from bonus able to be absorbed. if yes, then uptrend continue, if uptrend failed. Uptrend failed, most likely will be ranging.
Price will boast up soon. It potential undeniable. Wct yearly earn between 20 sen to 30 sen already reach rm 2.70. Now Huayang yearly earn is 30 sen to 40 sen, so what is u target price for it.
good profit, good bonus 1:4, good dividend 15 %, selling medium cost property (affordable to public) I do not see any reason why I should sell this share.
as projected through TA with flag formation. 1.71 is projected resistance. If able to break above 1.71, this will be the support for bullish continuation. Now the trend is very pretty, forming HL and HH at 3rd wave
let's see how it perform end of today. I would expect it may be resist at 1.71 level and continue tomorrow or forming another wave. But still okay to hold. When the signal not committed, normally i will not hold or reduce holding.
Daily chart, very long hammer. This one no chart also can know base on open and close (at around 4:45pm, result is known) with highest price or lowest price. Weekly chart, same, not encouraging as spinning top seen. So retracement will definitely happen. Immediate Support at 1.60. I dont think 1.60 can hold, of course I wish it can. Technically, i might not holding because on super long hammer with profit taking with those has Bonus. They will continue to sell off next week. Until we see market able to absorb those selling pressure, then it's fine. Yet I am more positrive on the 20MA line as support holding. In short, uptrend still intact, as long as not fall below the gap of 1.51.
That's just my intepretation from TA. Different person has differnt way of seeing thing. Hope all can profit from equity market. FA, no doubt, strong. 33.87cents which is above standard of 30cents and PER just 4.81 which is very low than standard. ROE and ROA also jump double compare to previous year. I am using Chartnexus :)
Sabar ,,,,, after bonus issue, definately will ding dong around before moving north side.With such strong result & future book order value, no need to worry. Look at Daibochi, same .... (but remember to run once GE around corner) coz can buy cheaper.
gold_hunter, so far i only hold tws, pharma, zhulian and huayang only. so far all well paper positive. no plan for others. but that day bought small portion of thheavy share to try only. no harm for that since the portion is neglected.
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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....
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Posted by necro > 2012-10-12 12:41 | Report Abuse
1 South finish u see this stock rocket 2.00!!