Impressive results indeed. profit for latest quarter up by 72% compared to corresponding qtr in previous year, and 24% higher than that of the preceding qtr. Net profit margin increased to 8.75% against 6.5% in previous qtr.
Improved results driven by improvement in the underlying business environment of contributed by the increased activity in the Pengerang O&G sector for the trading division, and renewed activity in the shale sector for the manufacturing division.
I believe those sellers are trying to get intraday profit. This counter is making profit and I believe the price can move up further, same as what happen to masteel.
yesterday the volume showed some passengers hopping on this bus for a merry short term ride. this bus most of the time shuns away short trippers. Also this stock is always shy of making it to the top 30's by volume,. except yesterday. Time as the essence is theirs to dictate. They can afford to trade a handful of shares the whole day. Anyway, this is characteristic of a stock with upside bias under steady control.
Both TA and FA look good. On course for cup with handle breakout @ 0.66c. I think it gonna goes all the way to all time high of 0.90c once break out :D
Don't know why bursa allow this ESOS happing? Is really stupid ESOS....I believe without this esos...the price will shoot to RM1 already...wtf this stupid ESOS...
Bro, curse and swear on this issue, but it cannot be undone. Best to stay on course. It will build patience and perseverance in you. you will become a better player.
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....
Wawai Samah
384 posts
Posted by Wawai Samah > 2017-07-26 17:01 | Report Abuse
steady.....