KUALA LUMPUR (July 11): RHB Retail Research said CAB Cakaran Corp Bhd may move higher after posting a white candle and hitting its highest close in more than a month.
In a trading stocks note today, the research house said given that the stock has breached above the downtrend line drawn in the chart, this points to a positive sign.
“A bullish bias may appear above the RM2.90 level, with an exit set below the MR2.63 threshold.
“Towards the upside, the near-term resistance level is at RM3.35. This is followed by the RM3.50 level,”
See the sell quue today,so many ppl rushing to sell..Tmr after egm,sure die..No more excitement..Ppl sure dying to sell.i wait to collect back at 2.50 this time.
This is a very good counter. As you can see that the coming quarter should be good since (i) Festive season (ii) rising chicken prices due to shortage not only Malaysia but Thailand. Chicken prices no longer cheap but still much cheaper than fish (fish already 20%). If you can hold, just hold. it may turns into the one of the best counters in 2017 and 2018
Ya...Mother shares = existing share multiplied by 3.125...Then how about warrants adjustment? According by yesterday announcement, amount ratio is 17:8...Can any master enlighten me please??
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....
Alvin7
46 posts
Posted by Alvin7 > 2017-07-18 16:12 | Report Abuse
Tomorrow 3.30?