The Customes Dept has released a list of certified vendors for GST accounting software to small and medium enterprises. 56 companies have made it to the list, 4 being PLCs - Edaran Bhd, IFCA MSC Bhd, Censof Holdings and Goodway Integrated Industries Bhd.
EPS loss 0.01 cts due to lower sales at its compounding and retreading tyres segment.
Catalyst of the stock: 1) Trade below par 0.5 cts, NTA 0.83 ( discounted ard 42% vs current market price) 2) Last FY'13 EPS 5.64cents, fair value worth at least 0.6 cts 3) Company venture in property market with land 15.6 acres at sabah and gross development profit at Rm33.85m 4) Company will launch its GST software system to SME at mid AUG OR SEP.
According to the headlines "Goodway may climb further after surpassing the MYR0.50 level on its latest climb. Traders may buy if the stock can sustain above this level. " Since break first resistance already, now looking to break second resistance of 0.60.....
If you look at 5 min chart on 15/9, strong volume comes in at 0.555. Looks like the price is going to trend higher. You can watch the intra-day trade footage by a female trader at http://youtu.be/WEiv8yyrJZo
eat so damn much ..also will sudden drop so much ...
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Posted by mrkas > 2012-07-27 07:28 | Report Abuse
now in play??