What do you expect from a company with losses? 2nd Qtr 2020 revenue only RM14.83 million with a loss of RM10.2 million. Of course Dato Awang Daud will continue to dispose because the 3rd Qtr 2020 will see further losses.
Do you ppl noticed that all marine transportation counters shooting up crazily today but sealink still stuck at 0.165 -0170. Can someone tell me what this means, please?
Target Price: RM0.200, RM0.215 Last closing price: RM0.175 Potential return: 14.2%, 22.8% Support: RM0.160 Stop Loss: RM0.145 Possible for sideways breakout. SEALINK is staging a potential breakout from its sideways channel. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.185 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.200 and RM0.215.
However, failure to hold on to support level of RM0.160 may indicate weakness in the share price and hence, a cut-loss signal.
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BigZakar
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Posted by BigZakar > 2020-11-19 19:59 | Report Abuse
big boss collecting............i collect too. who wanna follow?