I also agree, good to invest in. Scope is in good condition. In my personal view, Scope is now already valided its wave 1-3-3 after last Friday's candle body exceeded 0.275. Please trade at your own risk.
I've been collecting at the 23.5 and 24 sen mark last month while the price went up and down daily.. Finally seeing some paper profits of over 20 %. But not planning to sell. This is my bet for 2021. Anything between 50 sen to rm1 this year is my target. Don't forget qr out next week on Thursday evening.
in their right issue prospectus, they wrote fund raised will be used for factory expansion.... not sure how is the progress.... went pass the factory once on my way to penang pre mco3.0. their store also not enough to use, put until outside d using temporary tent. hopefully new factory can come online soon, then the earnings will be exponential with more order from inventec
The current factory was never at full capacity anyway in the past so that will ramp up now with the Inventec business. So Scope can raise their earnings for the next two or three quarters on the current factory first before the second factory starts production. When second one is up, exponential earnings will go through the roof
Operator collected a ton of stock today at 28.5 and 29 sen . Over 35 million volume which is way above usual daily average. Get ready for another big push next week.
This kind of candlestick shows that there is so much buying interest in the stock or the market participants are willing to buy the stock at any price during that trading session. Hence, the price of the stock closed near the high point for that session. If the bullish marubozu is shown at an uptrend, this strongly implies a trend continuation. But when it appears in a downtrend, it shows a trend reversal, that the sentiment of the market has changed and the stock is now bullish.
Genetec comparison is a bit too much la. Nosh is only 51 million compared to Scope's 1.15b nosh. I'll be happy with tp 60 sen by end of the year. Next year should climb higher with the second factory in play.
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....
Audi_Lee
7 posts
Posted by Audi_Lee > 2021-08-09 18:34 | Report Abuse
agreed, can invest but dont try to trade this stock ...