KPower is moving sideways, touching the RM1.80 resistance level. With its RSI indicator pointing upwards, there is a good chance that it would experience a technical rebound and head towards the short-term target price of RM1.91, followed by RM1.96. The downside support is marked at RM1.64. Traders are advised to exit on a breach to avoid further losses.
Please sell KPower, thanks! Net profit touched all time high and above expectations of more than RM14mil. The prospects section is written like a book...so long...
I guess AnsonLiew's brain is unable to make sense of valuations of tech stocks trading at 50-100x PE. Or even Palantir, Snowflake, Tesla, Nio, BYD, Amazon etc. Someone who can only use PE to evaluate stocks. Do yourself a favor, learn more.
The market only gives you a price but not the value. The value of a particular counter you have to study and calculate yourself. The company which making profit will increase their value, this is a most important measure in stock investment(Using EPS to measure it). If time is not your main concern, any other factors such as MCO, PP, and so on are all temporary. Weak Mr market is always a good time to buy value counter.
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AnsonLiew
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Posted by AnsonLiew > 2021-05-19 19:50 | Report Abuse
i can see newbieinshare crying
hahahahahahahaha
deserve it