don't worry too much of this recent quarter result. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1726593 . It is just a accounting trick similar as last time KSL suddenly showed a negative loss quarter result to flush out some ppl. Then after that within 3 month just coming back with good result and good share price performance up almost double. Its revenue still showing increasing is the proven that its bussiness still performing better, it is just only accounting matter to purposely to defer its profit and low down share price. Tp still be 1.40 !
Less selling pressure while buying interest is back. I wonder is there any more good news to push this counter? Buy over RHB investment will be great if kenanga afford. Haha.
I think Kenanga current price will be very nice for a position. Currently MA 20 crossed above MA 50, looking forward for a even more solid upswing. Reasonable 3rd quarter result and improving revenue. Trading in a discount of NTA that had good amount of cash reserve.
Hi, I am new to TA. Looking at the Kenanga chart, it looks like a spinning top has formed. Can anyone confirm this and if so, does it mean a downtrend is imminent or will it be a false signal.
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....
BumbleBee
602 posts
Posted by BumbleBee > 2014-08-22 14:08 | Report Abuse
the deal is not done if the brokers do not move ..........