It has returned to retest its 200 day moving avg at 0.34. It will move up a little today. It will jump above 0.395 in the next few days n head towards 0.55. Its a buy.
Already bought the last 2 days for $5mil averaging at 0.35. Dumb2 hold lar. This is a turnaround story. Annualised eps at 13 cents per share. At 8 pe its 1.00. 60% undervalued at current level. Hold. Dont jump in n out.
already posted up there by many... I dont know if the co involve in vaccine, glov, PPE etc or not... never heard yet. But BINTAI, a IR.40 co did into vaccine..
Pelikan shark taking a few steps back to gain energy n weaken the 0.395 great wall. He will hv a go at it again soon. Once crumble the move above 0.395 will be very fierce. Dumb2 hold.
Its a 28mil$ turnaround in profit from q1 to q2 from 8mil$ loss to 20mil$.profit. If it can sustain at this rate, it should trade around 1.00 there. If profit increasing then for sure above 1.00. Anyhow first target is 0.55 b4 it consolidates. Short term 30 - 50% profit. Long term tripple.
Too many bumps. Up a bit, after that lot of selling for lower price eventually not much difference from opening price. But the good qr put my trust on this counter
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....
proplay
163 posts
Posted by proplay > 2020-08-24 12:47 | Report Abuse
Double limit up today..up up & up Pelikan