Nott Invest
AIRPORT's uptrend intact
Nott_Invest
Publish date: Sun, 03 Apr 2022, 10:44 AM
AIRPORT
Sector: Transportation & Logistics
Analyzed on 3 Apr 2022
Looking at the weekly chart (mid term time frame), AIRPORT has been on a slow but steady uptrend recovering from the sharp crash following the discovery and widespread of COVID-19 in early 2020. The uptrend moves in a wave pattern with higher highs and higher lows. For the last two years, AIRPORT's revenue and earnings were severely impacted due to the pandemic, however the uptrend in stock price shows the anticipation of its earnings recovery as the global economy and travel restriction gradually opens up. On 1st April, Malaysia has opened its border amid the strategy of transition to endemic. AIRPORT closed the week strong at RM6.91. The target price from HLIB and RHB are RM8.05 and RM7.20 respectively.
-----------------------------------------------------------
Follow our FB and telegram channel for more investing and trading analysis. Share it out to your friends and family!
TELEGRAM ：https://t.me/nottinvest
FB PAGE ：https://fb.com/NottInvest
Cheers
NOTT INVEST
Disclaimer:
This content by NOTT INVEST, is in no way a solicitation or offer to buy or sell securities or investment advisory services.
Readers should always seek the advice of an appropriately qualified professional and perform due diligence before making any investment decisions.
We shall not be liable for any errors or inaccuracies, regardless of cause.
More articles on Nott Invest
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
2
BFM Podcast
3
BFM Podcast
5
BFM Podcast
6
Good Articles to Share
China’s chip advances stall as US curbs hit Huawei AI product
7
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
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....
