Today's announcement:->>> CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED VARIATION TO THE SHARE SALE AGREEMENT IN RESPECT OF THE PROPOSED ACQUISITION OF SEP RESOURCES (M) SDN BHD ("PROPOSED VARIATION")
Circular To Shareholders Dated 10 November 2016 In Relation To The Proposed Variation To The Share Sale Agreement In Respect Of The Proposed Acquisition Of Sep Resources (M) Sdn Bhd.
Page 32: Estimated Time Frame For Completion:-
>>> Acquisition Of The First Tranche Sale Shares >>> Mid December 2016
My frend say this jz no 1 later with 3 the recurring income by the concessions the strong power to win contracts like the no body business Pesona the future the very the bright
What's the fundamental n catalyst for this counter. I think wie wie n others is happy to tell you. Price I cannot guarantee up immediately. Hold mid to longterm. You will be rewarded.
Kenanga will revise their tp when they see the price goes up. Their tp for Pmetal is 2.19 when I start to buy at 1.92 in Feb. They have revised tp 3 times until 5.00 now. Don't ever follow their tp buy or sell. Calculate n judge yourselves. Beside using yr projected earning over avrg sector pe. You can refer chart also.
My frend say look chart is the follow the professional the KM LEE which say: to at least fill the 63 sen-64 sen minor gap
Business NewsHome > Business > Business News Saturday, 22 October 2016 Eye on stock: Pesona Metro BY K.M. LEE
PESONA Metro Holdings Bhd (Pesona; Code: 8311) was on the upward trend the past several months amid continuous bargain-hunting interest, lifting the shares from a two-year low of 33 sen on June 24 to a high of 44.5 sen on Thursday, the best level in 11 months, before turning range-bound absorbing a bout of mild profit-taking selling.
The birth of a young bull arrived following a prolonged correction phase. Based on the daily chart, this stock appears in the infancy stage of a recovery phase and albeit on a gradual pace, the course looks solid.
Apparently, the bulls had paused for a breather now but there is nothing to worry about, as it was expected, with prices approaching the relatively stiff resistance of 45 sen-47 sen band.
According to the tracking system, buying interest still is overwhelming and given the strong backing from investors, we expect to bulls to tear down the immediate barrier soon and start rallying again on renewed buying.
The next upper hurdle is expected at the 54.5 sen-55 sen range, followed by the 58.5 sen level but we reckon the bulls may seize the opportunity and ride on the current wave to at least fill the 63 sen-64 sen minor gap or challenge the 65.5 sen heavy-resistance line.
Elsewhere, the oscillator per cent K and the oscillator per cent D of the daily slow-stochastic momentum index were on the rise after triggering a short-term buy at the 40% level the previous week. The past week saw the 14-day relative strength index rose from a reading of 56 on Tuesday to settle at the week at the 78 points level yesterday.
Click on image for larger view Meanwhile, the daily moving average convergence/divergence histogram sustained the steady upward expansion against the daily trigger line to keep the bullish note.
On the back of a pretty encouraging technical landscape, Pesona shares are poised to continue staying on the mending path and any pullback due to overbought condition is likely to be temporary. As for the downside, crucial support is pegged at 41.5 sen, which is the short-term bullish ascending trendline and coincidentally, also the 21-day simple moving average.
The comments above do not represent a recommendation to buy or sell.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
WieWie
133 posts
Posted by WieWie > 2016-11-10 07:35 | Report Abuse
My frend say yesterday the very the panic but see Pesona fell to the lowest d yesterday no more going lower now up up up only