Guys, I found another good company apart from Nestcon. Come join the ride.
Securemetric. Undervalued company with 30% cash yield. Revenue beginning to pick up slowly in the past 2 quarters although it is still lost making. Fundamentally is healthy and the digital banking license could be a boost for their domestic business. They are one of the top saas service providers for the financial cybersecurity.
For traders, candlestick is also breaking up to 0.11, close above the resistant of 0.105. Next immediate resistant at 0.12, which I believe it will break up.
For long term investors, sky is the limit for long term given that the potential of getting new contracts is huge as corporates go digitisation. The company has been very quiet although they started showing growth recent quarters but we could hardly see any announcement or news coverage on this stock.
What if I'm wrong?
Well, 0.11 is one of the lowest possible entry. Buy low sell high won't go wrong. They just need a catalyst to spark.
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....
Posted by Pinky > 2022-02-28 09:19 | Report Abuse
Can break 60 sen today?