Chart wise: GREATEC has been trading above its upward sloping 20-Day Moving Average which is a good sign. The next resistance level is quite far at 4.05. Exit if dop below 3.40.
Chart wise it is on an uptrend. But it is useful to set your cut loss if price drops . Top 30 share holders hold about 90%, balance float only 10% . So the stock is quite cornered in the market !
GREATEC currently is at PE of about 39X. However it is forecasted to grow at >15% and the 2021 PE at current share price could decrease to 28X The . It has quite high ROE 28% and profit margin around 25%.
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....
Jeju88
425 posts
Posted by Jeju88 > 2020-06-23 10:00 | Report Abuse
Fair thought! Owners should share their good fortune with loyal investors.