Definitely QR revenue will increase. With increased prices of food everywhere even in the US, more revenue expected with profit will follow in-line with the sales data..
Increased on profit could be due to more relaxed controls on business activities, vacations; including hotels & resorts..
In spite of positive data, the prices not necessarily will rally up fast because most of existing investors are in fatigue on continues down-trending market, unstable politics and war..
Likely positive forecast QR.. just one week or two in the corner.. ...
The previous ri was at 15 cents..the recent esos were at 5.5 and 5.2 cents. If they consolidate and then followed by another ri, aren't they end up as losers?
Apple2353 dont bother what ppl say...just buy if u confident this company can bring you profit lol.....why u so concern abt ppl comment this is free talk market ppl earn or not wont share with you at last...:)
Also, the dates between 30 March - 8 April are the most important dates the price will get back 0.090 around 28/29 March and will remain unchanged For these dates between 30 March - 8 April, whether will be continuing its strength to climb up til beyond 0.335 or get back and remain to 0.070. Willl see.
There is neither selling pressure nor buying force today. Operator has to work harder to create interest and momentum instead of depending on market force
Problem is this is a Lien Hoe gang counter. Investors are wary of counters associated with them. Unless they can come up with a solid story line, otherwise hard to create interest
And why the price is always pumped up to 0.055 all day but suddenly drop back to 0.05?
As mentioned before,
"But obviously, the current price is being goreng down by those arbitrages, as mentioned earlier, the lower the price, the difference of percentage they gained will be more. For example: 0.055 to 0.06 is only 8.33% 0.05 to 0.055 is 10% 0.04 to 0.045 is 12.5% "
Once the price goes 0.055, those arbitragers want to earn the difference. That's why a huge volume will be sold and there are larger volume queing to buy for lower price at 0.045/ 0.05 to earn again the diference.
No, i'm still out but that's my analysis after some further study of Saudee. It's just the stigma of the main shareholders thats holding back the spike in the share price. Perhaps if it crosses 10 sen then nobody will care as punters smell money to be made I'l wait for a few more days before coming back in & also i want to see whether 5.5 sen can be cleared.
In economic view, if the world is getting worse, the higher the food price. If the world is getting worse, the F&B industry will become the most valuable investment. Why? This is regarding the basic needs for humans, which are water and food.
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....
hiddenJ
113 posts
Posted by hiddenJ > 2022-03-09 10:47 | Report Abuse
https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge