Gadang may rise after the latest white candle. Traders could purchase the stock if it stays above MYR1.75 today, with a close below MYR1.65 as a stop-loss. If the MYR1.85 resistance is broken, the price target would be MYR1.95. Note that the stock could trend lower if it fails to stay above MYR1.75, while the downside risk will increase if the stop-loss is triggered.
if there will be general offer what will happen to small player like us... i.e are we forced to accept it according to market price or some other technical evaluation price... any comment....
Don't be silly. So far, Kok Onn is not able to privatize the company because his shareholding is still less than 51% The increased accumulation of shares by Kok Onn merely signals that he is very confident about the prospect of the company. Let's ride on GADANG.
Just pour all your fund in this counter and you will get double return within 6 months. I would say GADANG is trying to test the resistance recently. The correction is over. (Chuckle)
Gadang may rise after the latest white candle. Traders could purchase the stock if it stays above MYR1.75 today, with a close below MYR1.65 as a stop-loss. If the MYR1.85 resistance is broken, the price target would be MYR1.95. Note that the stock could trend lower if it fails to stay above MYR1.75, while the downside risk will increase if the stop-loss is triggered. RHB RESEARCH
nordimohd: If you study the fundamental of AZRB carefully, you may find that AZRB is not performing better than GADANG simply because most of the projects' profit margin is lower.
How far can this stock goes in short term..if it really touch RM2.00, it's going to be really good stock for mid term and long term man!!! Yeah. I made the right decision!!!
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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....
Icon8888
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Posted by Icon8888 > 2014-05-07 12:02 | Report Abuse
Vroom vroom