QR is releasing this week, shouldn't ppl have confidence in this coming quarter given the company prospect and its fundamentals are quite good based on the past 2 quarters? Also, RSI now showing an oversold signal, I guess disposal mainly from fund managers. So should we not priced in now?
Prospects for the Financial Year ending 31 December 2017
As at 30 September 2017, the Group has an outstanding order book of RM1.6 billion, comprising 8 on-going projects. These projects are expected to be delivered over the next 2 years and hence, the construction revenue contribution to the Group is expected to increase as compared to last year.
Accordingly, barring any unforeseen circumstances, the Group expects to achieve a satisfactory performance for the remaining quarters.
Recognia has detected a "Double Bottom" chart pattern formed on Pesona Metro Holdings Bhd (8311:MYX). This bullish signal indicates that the stock price may rise from the close of 0.495 to the range of 0.540 - 0.560. The pattern formed over 30 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.
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....
4444
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Posted by 4444 > 2017-11-22 23:03 | Report Abuse
QR not out and not a single contract won in 2017 why hurry? 40 sen and below safer.
Titus Kp No one pick up at this price given solid fundamentals?
22/11/2017 17:10