For us to think how strong it is going to be . The Source: PublicInvest Research - on the 6 Aug 2021 says : Target Price: RM0.170, RM0.185 •Last closing price: RM0.155 •Potential return: 9.6%, 19.3% •Support: RM0.150 •Stop Loss: RM0.135
Possible for sideways breakout. HHHCORP is staging a potential breakout from its sideways channel. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.170 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.185.
However, failure to hold on to support level of RM0.150 may indicate weakness in the share price and hence, a cut-loss signal.
2021-09-21 record shows TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS, HIAP HUAT HOLDINGS BERHAD ("HHH" OR "THE COMPANY") - PROPOSED ACQUISITION OF AN INDUSTRIAL LAND WITHIN AN ONGOING DEVELOPMENT PROJECT KNOWN AS PULAU INDAH INDUSTRIAL PARK HELD UNDER MASTER TITLE NO. P.N 112462, LOT NO. 159227, IN THE DISTRICT AND MUKIM OF KLANG, STATE OF SELANGOR DARUL EHSAN FOR A TOTAL CASH CONSIDERATION OF RM11,965,932.00 ("PROPOSED ACQUISITION")
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