Well I am looking for opportunities after reading up alot on the upcoming mega projects in Malaysia. OKA to me is doing well with increasing gross margins, strong free cash flows selling for PE below 10.
They are having board meeting just now. The accountant aunty present the latest quarter results.The company secretary usually submitted the results to bursa website after 5pm.
Consequent to the bullish move, OKA’s share price has just broken out of a pattern resembling a “Cup & Handle” – indicative of a continuation of its longer term uptrend. In fact, the major SMAs have also completed a “Golden Crossover” (50-day/ 100-day SMA) while the MACD is showing signs of bullish convergence. From here, expect a retest of the RM1.38/1.39 (R1) highs. Once taken out, further gains would then be expected towards RM1.49 (R2) and finally the “Cup & Handle” measurement objective of RM1.57 (R3) next. http://klse.i3investor.com/blogs/kenangaresearch/117110.jsp
OKA Industrialized Building System ("IBS") is an innovative building system to meet the revolution for today's construction industry. OKA provides the frame structure of a building in a salient way as compared to conventional construction method. Based on the buildability, economy and standardization of precast components, OKA IBS consists of following structural elements..... [go to OKA website for more details]
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 282 views | 1 d ago
0:17
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 11447 views | 10 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....
ijalian82
2 posts
Posted by ijalian82 > 2016-12-05 15:01 | Report Abuse
Bonescythe