nice :) ... but not 1.1 billion worth of project.. currently they hold RM389M worth of projects, and by end of the year, they want to increase the contracts to rm1.1 billion as total contracts for the year. They say, they will try to target at least 20-30% from the 700M worth of contracts.
so, total by end of the year, they are targeting around ~140M to 210M projects. The other day when they get RM87.154mil per project, we did not see much share price movements. So my guessing is, share price will not move up drastically if projects is announced. I think we will see share price movement once they release a good financial report..
So lets if they have successfully secured 30% of the targeted contracts, then we can able to see PESONA share price moving constantly in 0.40-0.50 price range which is around January - February next year..
PESONA is still attractive..it just being affected by poor market sentiment.. Yesterday ex-entitlement .. SO take dividen.. Still expecting to break 0.40.. Sure to break..UNTIL NOW still building it base above 0.30.. Gud sign ..Volume thin..no big selling..So thank to all frenz for the info n comments..tq brother
market drop becoz responding to external effect..affected our market,..actually pesona not so badly affected..n support at 0.30 is still there ..The problem is at the end of market someone try to press down the share price,,obviously seen..yesterday n today...we need patient to appreciate value...ok bro heppi weeken..IF not hepi must make hepi.. or just feel hepiness without reason like fish in the well...gud luck
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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....
Marcus Beh
2,483 posts
Posted by Marcus Beh > 2013-06-18 10:17 | Report Abuse
I thing tp 0.60 is no problem... Gogogo