Time to take position before take off...you ask me why? This company has created a maket niche of its own which I believe will spur it to further heights soon...
Ekowood International may test the MYR0.265 level in the immediate term after forming a ‘Bullish Engulfing’ pattern. Traders may buy if this level is breached in the near term, with a target price of MYR0.30, followed by MYR0.33. In the meantime, the stock may consolidate further if the MYR0.265 level cannot be surpassed. Support may be found at MYR0.23, where traders can exit upon a breach.
After keep this counter more than a year then 100% profits!!!!! Better than nothing (although I feel the offer price should be almost comparable with its NTA 60cents++)
This counter business already back on track and will continue generate profits for coming QR. That's why TSH makan this golden eggs at 40cents (based on record, IPO is at RM1.05)
Sifu Sebastian you so power! As predicted, Ekowood start to generate profits. No wonder TSH so kan cheong announced the privatisation before QR released. The way you talk just like hold a lot. You got how many biji?
This thing will go through, 100%. Ekowood office is within TSH office already. The directors every day say hello, no way it wont go through. Only question here is, what is the break even point.
At 0.33, TSH price must drop below the all time low to 1.59 before you even lose money. I think this is impossible. Its a plantation company, high debts, but 3 positive quarter in a row. Considering how high CPO prices is for sept to dec, im sure the 4th is a positive as well.
From there Tsh expected to skyrocket above Rm5.00 when 5 plots of Golden Lands are sold in Bulugan Regency (one) and 4 in Kutai (Nusantara) the Chun Chun new capital of Indonesia
Tsh could relist Ekowood to unlock value by a new IPO just like titan was relisted as lactitan
Tsh is going to zoooom to Rm4 or Rm5
Anything at Rm2.00 for Tsh just wallop KAW KAW and hold tight tight
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Posted by koyokui > 2015-06-09 09:24 | Report Abuse
Shoot soon