I applaud the audacity of those traders buying into this stock even after the CFO resigned abruptly. Stock trading still need logic even if you rely solely on technical analysis.
The CFO of PUC did not resign abruptly as someone wrote above. She resigned after having served the firm well in various international deals and advanced elsewhere a few months ago after serving for 1 year. On the other hand, the Financial Controller has been with the firm since June 2016 and still going strong.
PUC has done many great deals who would carried it well into a blue chip in the years to come. Just read the regular Bursa announcements to understand how hard the Management is working. The present market price does not justify its immense potentials ahead. Only the wise and patient investors would savour its fruits in the years to come.
“You will expect investors to look for stocks that have been bashed down, stocks that offer superior earnings growth and typically, you would expect small-cap stocks, with a lower base, to offer greater and bigger earnings growth versus the large-cap names that are trading at high bases currently.
“We believe the small-cap index has retraced to a level that is now looking more attractive. If you look at my PE (price-earnings) band chart, the small-cap index has retraced back to quite close to the post-GST mean for the small-cap index, which is around 10.9 to 11 PE,”
i think stock will going rise. foreign investors that went away, it's time for local to push up more foreign inv comes back in. somemore Tun's speech to take care the stocks also.
Big sharks coming in after new PM's victory, wait for price to stabilise today and then buy in tomorrow, the only regret you'll have is not buying when it was low last week but it's okay, it's impossible to catch the full swing but it's possible to catch the uptrend, buy in soon before it's too late
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....
Anderson Morgan
4 posts
Posted by Anderson Morgan > 2018-04-30 10:46 | Report Abuse
I applaud the audacity of those traders buying into this stock even after the CFO resigned abruptly. Stock trading still need logic even if you rely solely on technical analysis.