Rocket or not rocket up really base on personal definition. But, referred today volume, can highly determine bottom at 0.13. How fast can reach to TP1:0.15 and TP2:0.20. Sorry nobody can tell, only god can tell. Anyhow referred to charting. This stock has started dropped and accumulated end of August, almost 30 transaction the stock price stayed between 0.125-0.135. The correction may end sooner this week and start moving up. I only can tell the TP2 will reach within this year. Tq.
I would like to congrats everyone that your cash gonna stuck here for years, they need cash to renovate, re hire workers for serving the tourist. Even country open border, tourism might not be as good as before covid.
you can see buy que at 0.130, que volume is about ~130,000 , with only less than 70 buyer's number.. what i meant is, small number of buyers, but got quite high que volume at 0.130...I believe there's shark waiting at 0.130, they definitely got a plan / surprise ahead!
Definitely many good news will come to this stock. Opening border between Malaysia and other country and lot more tourists will spend their holidays in AVI hotels and generate good income. This positive sentiment is easier to push the stock price up another 20%.
A2 Audit Report of Preceding Annual Financial Statement The independent auditors reported the following qualified opinion and material uncertainty related to going concern on the audited financial statements for the year ended 31 March 2021: a) Qualified Opinion As disclosed in Note 5(e) to the financial statements, included in property, plant and equipment are freehold land and buildings carried at valuation amounted to RM19.451 million. The Group’s policy is to measure the freehold land and buildings at fair value, based on valuations performed by external independent valuers with sufficient regularity to ensure that the fair value of the freehold land and buildings does not differ materially from the carrying amount. The Group did not engage external independent valuers to determine the fair value of freehold land and buildings due to the Group is reducing the operating costs following the recalibration of the Group’s operating structure by right sizing the workforce and opt for furloughs its workers without sacrificing the quality of services during COVID-19 outbreak. In addition, the Group is avoiding incurrence of non-operating cost such as valuation cost to maintain sufficient cash flow for the Group’s operation. Based on internal assessment, the Group did not expect significant change in the fair value as compared with the carrying amount of the freehold land and buildings despite the prevailing impact of COVID-19 outbreak on the hospitality industry. The business situation of the Group is improving under Phase 3 and 4 of the National Recovery Plan. The Group will address this matter in the current financial year. b) Material Uncertainty Related to Going Concern As disclosed in Note 2.7 to the financial statements, which disclosed that the Group and the Company incurred a net loss of RM14.201 million and RM16.317 million respectively during the financial year ended 31 March 2021 and, as of that date, the Group’s and the Company’s current liabilities exceeded its current assets by RM2.519 million and RM53.909 million respectively thereby indicating the existence of a material uncertainty which may cast significant doubt about the Group’s and the Company’s ability to continue as a going concern. Our opinion is not modified in respect of this matter.
OMG 0.085..... shark really test your patient, dont have to panic sell COVID is under control ,border is going to fully open and sure thing TRAVEL STOCK will rise up, just be patient you will reward later
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....
Posted by arthur8756 > 2021-10-11 11:22 | Report Abuse
Gap ur mom up tomorrow. 0.13- 0.135 same.
Now ur ticket stuck for months