WONG ENGINEERING coming result confirm koyak. I think will report losses due to not favourable USD rate. Run while you can. I think price will drop to 0.65 by this week or early next week.
Kenanga Research said Wong Engineering Corp Bhd’s (Wong) uptrend remains intact as the share price is still hovering above: (a) the 50% Fibonacci retracement level (as measured from its mid-July’s trough to the mid-October’s peak) following the pullback; and (b) the 100-day SMA line.
In a daily technical highlights note today, the research house said when the buying interest resumes, the stock is expected to continue its upward journey by climbing towards our resistance levels of 81 sen (R1; 10% upside potential) and RM0.91 (R2; 24% upside potential).
..........to hit RM0.91 and RM1.00 before its results announcement. Buy before too late !
This counter share same customers with uwc ... and u look at uwc performance...up up up... So I believe Uncle Wong will possibly follow uwc footstep in at least next few qtr
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3132 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
tualp
452 posts
Posted by tualp > 2020-06-05 13:54 | Report Abuse
Ivan89, I dun think so. Lousy counter....