Good to hear that the restructuring of the state’s water industry would be finalised in accordance with the master agreement signed in 2014. Hopefully will recover most of my lost for this counter after accumulated below RM0.90 to average down the cost .....
After a 41% slump in share prices from YTD high of RM1.25 (4 Jan) to a low of RM0.74 (9 April), Taliworks’ has formed a double bottom with prices steadily trending higher to end at RM0.975 yesterday. The successful breakout above downtrend line of RM0.91 will spur prices towards RM1.06 (61.8% FR) and RM1.13 (76.4% FR) barriers b
Valuation is still undemanding at 14.3x FY19 P/E (21% below 10Y average of 18x and supported by a 22% EPS CAGR from FY18-20, coupled with a huge trade receivables of c.RM638m (52sen/share; ~54% of its market cap).
The_Reds congrats Sebastian for 100% gain!!! I was tempted to buy WB last time but the expired date is too near..so in the end i chose the mother 05/07/2018 09:49
Yes, brother you are correct as expiry is almost near, so to be on the safe said the choice is the mother.
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Posted by Investeye > 2018-06-25 19:08 | Report Abuse
Hope the Splash issue will get a solution by end of July then Taliworks will up and up..