Team, the Average Target Price, as per define is Price Call and Upside/Downside from Price Targets in the past 6 months, means it just reference for us. But for the savvy investors, they may derive by their own like 1.20 or 1.00, rite crawler & stteck? The more expertise they are, the more accurate the TP.
man, it is not convenient for me to comment on the tp...just hear me out, nothing is impossible you just need to see the fundamentals of the company and make the right investment call
Salcon (SALC MK) Technical BUY with +13.6% potential return Last price : RM0.880 Target Price : RM0.94, RM1.00 Support : RM0.75 Stop-loss: RM0.745 BUY with a target price of RM1.00 with stop loss placed at below RM0.745. Following our earlier BUY call on 29 May 14 at RM0.790, SALC has exceeded our first target of RM0.855 and is now approaching our second target price of RM0.910. Given the recent pullback to the immediate support of RM0.750, SALC has recovered and is poised to complete the classic 1,2,3 pattern, which signifies an upward continuation hereafter. An uptick in the RSI suggests improved momentum while the EOM indicator which highlighted the relationship between prices and volume has crossed above the zero line, indicating a stronger trend to climbing higher. Moving forward, we peg our medium-term target price at the psychological resistance of RM1.00
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....
Idiot
126 posts
Posted by Idiot > 2014-06-10 15:40 | Report Abuse
One more push before the remaining China deal by end of the month ?