It will be easier to restructure Felda by taking FGV private. There will not be any objections from the FGV's minority shareholders which may fail the restructuring works..
I still not seen the full potential being value... 1 stage --- 1.30 to celebrate my new year... 2 stage --- new management draft the plan -- 1.6 3 stage --- execution --++ 2.00 4 stage ---- profit turn in 3.00 4 stage ---- 15th election 4.5 ...vote for PH
In any company procrument is very much importance ....Azhar did a good job over there ..CEO and CFO looks promising so lets hope for better i did a average down ...so hopefully it will go bacm beyond 1.2 still long twrms looks good .....
Based on my revised analysis and calculations on the chart and technical indicators on fgv, I could safely conclude that it is very much in a very good condition albeit in a slightly overbought position.
Any retracement should be short and shallow and should be well supported at 0.98-1.00 level and should provide good opportunity to accumulate.
Since today it managed to penetrate the TP of 1.08 for the first time, it would need to penetrate this resistance again decisively accompanied with meaningful volume failing which would provide profit taking activities to take place.
Resistance is foreseen at 1.15-1.18 with the next TP being set at 1.25
Have a good trading and investing day ahead. Risk and reward is all yours and your own responsibility...
I am not fluent in chart but the diagram shown it is a v-shape to close at 1st gap at RM1.20 as i mentioned earlier. Now, the upward momentum is confirmed by Master Tongkarat and other Sifu. So, hopefully RM1.20 will be in the near term to achieve.
Cameron by election is a simple maths. If BN win, then nothing change. If PH win, then will+1, n BN -1. Won't change govt one......then why worry or excited?
ECRL, China won't reduce price one, or else whole world "one belt one road projects" have to reduce price, smaller scale is other matter oledi!. After cameron, najib will leave n back to courts with oak Ros, no time with orang asli oledi.......
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....
icecool
5,014 posts
Posted by icecool > 2019-01-24 17:34 | Report Abuse
tonkarat rich already loh hahahha