YONG TAI BHD
KLSE (MYR): YONGTAI (7066)
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Last Price
0.19
Today's Change
+0.01 (5.56%)
Day's Change
0.18 - 0.19
Trading Volume
520,800
IPO Info
Offer Period
Opening
Closing
Time Table
Allotment Date
Listing Date
Price
Issue Price
-
Units
-
Share Capital
0.000
No of Shares
Public Issue
-
Offer for Sale
-
Private Placement
-
Issuing House
-
ISIN Code
-
Prospectus:
RENOUNCEABLE RIGHTS ISSUE OF 80,230,000 RIGHTS SHARES TOGETHER WITH 40,115,000 WARRANTS ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 YONGTAI SHARE HELD TOGETHER WITH 1 WARRANT FOR EVERY 2 RIGHTS SHARES HELD AT 5.00 P.M. ON 2 JUNE 2015
Discussions
11 people like this. Showing 50 of 11,047 comments
The breakout price for Yong Tai Berhad (YONGTAI) is expected to be MYR 0.4251. This price represents a significant potential upside from the current price of MYR 0.251. If and when Yong Tai Berhad's stock price reaches this breakout price, several factors could influence its subsequent movement:
Impact on Sentiment:
A breakout above the 0.425 price target could significantly boost investor sentiment, as it would indicate strong buying momentum and potentially signal a bullish trend. This could attract more investors and capital to the stock.
Technical Indicators:
The breakout price is often associated with technical indicators such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), or Bollinger Bands. If the stock breaks out, it could indicate a positive trend, which these indicators might confirm.
Market Perception:
The market's perception of Yong Tai Berhad's prospects could improve if the stock price breaks out. This could be due to positive market buzz, industry trends, or company-specific news12.
Company Fundamentals:
It's important to consider the company's fundamentals, such as earnings, revenue, and profit margins. If the company's financial performance supports the price increase, the breakout could be more meaningful. However, if the company's fundamentals are weak, the breakout price might not be sustainable34.
Industry Trends:
The performance of the Real Estate industry in Malaysia, where Yong Tai Berhad operates, could influence the stock's movement. If the industry is performing well, the stock might benefit from industry trends45.
In conclusion, if Yong Tai Berhad's stock price breaks out above the 0.425 price target, it could be a positive signal for investors, potentially leading to increased investor confidence and a rise in the stock price. However, it's crucial to consider the company's fundamentals and the broader market context to assess the implications of such a breakout fully.
2024-09-24 10:45
Dow Jones
Dow Jones Industrial Average
43,078.66
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Nasdaq
NASDAQ Composite
18,714.36
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1 month ago
https://klse.i3investor.com/mqtrader/app/fa/price_target/7066
NO WORRIES...SAPPUUUUUUUUUU
TIME TO GO IN.....
Support: 0.17/0.15 | Resistance: 0.19/0.21
=====================================
0.24
0.29
0.35
0.42
0.49
0.57
0.69
WARRANT ALREADY START PLAYING
1 week ago
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CS Tan
4.9 / 5.0
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....
N4rc0t
when can climb back 0.30
2024-09-12 17:09