i already say now is collection time from director......that y cannot move up.... but the price is stable in this value... uptrend is anytime but may be need some time.... Keep this share sure is better future....
May retest RM0.70-0.73 levels after establishing its base near RM0.60-0.625 territory.
Since tumbling from the peak of RM1.02 on 2 Mar to recent low of RM0.625, we believe that selling pressure has been exhausted and a base is slowly forming.
A decisive breakout above RM0.665 will spur prices higher towards RM0.70-0.73.
PESONA (listed on 10 Oct 2012) offers a comprehensive range of construction services for both buildings and infrastructure works such as highrise luxurious residential and commercial buildings, roads, bridges, and beautification and rehabilitation of rivers. Via a reverse takeover of Mithril Berhad, PESONA acquired the manufacturing business from the latter, which is principally involved in the manufacturing and trading of polyurethane products for interior and exterior decorations and renovations. In early 2014, the group ventured into the manufacturing of modular partition panels (PM2) that will replace the conventional brick walls and structural system such as bearing walls. Poised to retest RM0.70-0.73 levels after establishing its base near RM0.60- 0.625 territory. Since tumbling from the peak of RM1.02 on 2 Mar to recent low of RM0.625, we believe that selling pressure has been exhausted and a base is slowly forming. Moreover, the stock is grossly oversold and about to bottom out in short term, substantiated by readings from daily and weekly MACD, RSI and Slow Stochastics oscillators.
quarterly report will out in may for sure, and i think the coming quarterly report will be good 1 due to wie brother has Acquired so much already!!! lets wait and see~heh heh heh
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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....
BigFund
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Posted by BigFund > 2015-05-18 20:28 | Report Abuse
i already say now is collection time from director......that y cannot move up.... but the price is stable in this value... uptrend is anytime but may be need some time.... Keep this share sure is better future....