All time high revenue for the year. There is a once off property, plant and equipment and construction in progress written off expenses of RM 35 million. Without the RM 35 million write off, this would have been a very positive net profit quarter with improving business prospects. This once off property, plant and equipment and construction in progress written off of RM 35 million will also reduce the depreciation expenses moving forward adding to the profitability in net profit margin and earnings per share!
A very good chart pattern. Retesting above 52 weeks high. Volume start to coming and push the price. Let see how tomorrow is going to be. Next resistance is 0.37 on 2018.
In view of the foregoing, the Board views that the Proposed Acquisition is an attractive business proposition as it allows the HB Global Group to gain an immediate access into an on-going business with project value of at least RM1,071 million based on the Tendered Projects. Accordingly, the Proposed Acquisition is expected to be earnings accretive to the enlarged HB Global Group when Forward Resources materialises the profits therefrom.
company no cash debt is very high current liabilities is very many ,now company is open printing machine print a lots of non stop shares sell to open market , boat 29c not a good time better wait below 20c buy
mani redchip lebih teruk dari tempatan penny syarikat la....paling baik semua sekejap jatuh mendadak bawah 10c maciam kanger kstar xdl lagi teruk punya delisting macam msport xinquan cap csl
"Sharks make a huge q at 0.28, making retailers 'thinking' that if they buy finish the 0.285 tickets, the price would go up. But in fact, once the 0.285 tickets are almost finish, sharks will continue to throw a little bit of 0.285 ticket to continue selling. Once they done selling off their tickets, the 0.28 buy q will disappear and therefore price will plummet."
Typical shark and market maker play. place a big wall at bid or ask. and then disappear. This counter is being manipulated. beware. Dont set resistance or support based on level 2/tape. they will place big share just to make we think it a support/resistance.
HB Global has a 52 week range of 0.04-0.305 Key Resistance points Include R1: 0.249 R2: 0.302 R3: 0.309 and key support points Include S1: 0.279 S2: 0.272 S3: 0.264 For more accurate Entry and Exit Points BY CMT qualified Research Analysts Message on Telegram at +917313502787
an insider told that the price maybe rising in the short term,becuz got 3 person is making it up,and it will drop within 1 months time when the news become a bubble
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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....
Want2Win
2,553 posts
Posted by Want2Win > 2021-03-11 13:11 | Report Abuse
up 15.79%