Negative momentum doesn't necessary mean a bad thing. It simply means that the price of the stock haven't reach its maximum potential yet. Even with negative momentum you can still see the price is in an uptrend today. Imagine if it reaches strong positive momentum uptrend, how high the price can fly. This stock is definitely undervalued. Stay tune for good news!!
Expansion plans to kick in within next two years. ISTONE is expected to acquire machineries within the next 2 years, boosting its group’s annual production capacity by 20% to 864 machines. In addition, the reduced lead time is expected to increase the group’s annual production capacity by 11.1% from 864 machines to 960 machines as well as decrease labour cost by up to 10%. Dyson future development as catalyst. Dyson is always combining technology and trend in its smart home products. With its strong relationship with Dyson, should there be any launches of new products moving forward, we view this as a positive factor for ISTONE’s growth in the long run.
Istone is like Greatec and UWC because they are doing same business. Autamation. So eventually will be around the same price. Bought back already the one i sold.
With the beneficiary from financial budget 2020 with IR4, automation related stock is expected to rise upward with positive momentum. GIANT STONE keep move up up. Power of viagra,muacks
Don Juan is a party pooper. If you have nothing good or civilised to say, maybe you should keep quiet. You don’t even have anything concrete to say. Repeating same thing over and over again.
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....
Mabel
24,288 posts
Posted by Mabel > 2019-10-16 15:59 | Report Abuse
Follow handsome deMusangking. He knows how to appreciate an ahmoi when he see one..
Miss Istone can be your Ahmoi for life :)
Cheers!