Sorry uniteen ...... I did answer your questions hours ago but someone behind the scene deleted my reply. I did not use any foul languages nor critized anyone in this forum.
I'll post it shortest possible. Read up on Muhibbah's latest financial reports and look through some technical chartings. Then analyze carefully whether 5703 has more downside or upside potential. Being an under valued stock, the answer is obvious.
RainT ..... Muhibbah is going great guns and if this bullishness is consistent, what price will 5703 be 6 or 12 months down the road? Technicals is not crystal ball. Cannot see too far ahead.
1. The Cambodia airport, where there is news that will open another airport nearby, so in near future, MUHIBAH will not have the competitive advantage as it have now, to operate the only airport in that area
2. due to Covid-19, the airport earning will be affected.
3. link with oil price fluctuation
4. failure to get more good, high profit margin job in future ?
have a look at the annual report. there is no mention on the competition risks from new airport. it remains as business as usual as far as communication from the management
one thing good about the discussion here is that there are less bullshit compared to the other counters where everyday, people are giving rumours. half of them are sharing negative rumours, half of them sharing positive rumours; without facts whatsoever.
Uniteen, I cant share you my TA here, but if you know flag pattern, the was break the flag structure, will indicate bull/buyer are come in, you can see higher price to move if the 0.940 is hold. today go higher already
funny thing about technical analysis is that daily averages can be buy, but monthly averages can be sell. or maybe it's me who don't understand how it works.
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....
zhugel888
33 posts
Posted by zhugel888 > 2020-06-09 11:40 | Report Abuse
value_invest ....... Tell me more tell me more:)