KUALA LUMPUR (July 23): AllianceDBS Research said Opcom Holdings Bhd (Opcom) had on July 20 crossed over the 95 sen hurdle to reach an intraday high of 96 sen before settling at 94 sen (up 3.5 sen or 3.86%).
In its evening edition last Friday, the research house said a crossover of the 95 sen hurdle again would likely see Opcom trading upward with the next upside target pegged between 99 sen and 1.10.
It said risk taking traders can establish a buying position at 92 sen on a small pullback.
“Once a buying position is established, a stop loss at 90.5 sen level must be placed for risk capital protection, and this 90.5 sen is to be followed by a trailing stop loss strategy.
“If you are prepared to take a trading loss risk of RM15 (excluding brokerage) for RM70 – RM180 potential profit, you may acquire 1,000 shares with a capital amount of RM920 assuming buying order is filled at 92 sen,” it said.
later burn hands, these retailers will blame Mukhriz who has been selling his holding since Jan. poor guy b4 May 9, company didnot earn any contract, also jump like hell. now being picked by press say win GE14 his company gain 15%....hahaha.
Confirmed retailers bought a lot this morning until operator has to gradually pressing down to test you to the limits. Sell queues are getting thinner signalling bottom.
@Wesley Tan I bought 1.12 at peak time and cut loss two weeks ago at 0.93. Regretted I didn’t hold much longer.. thought i can buy back when it drop to 0.87 buy never happen anymore. One thing I learned.. need to be patient.
All fibre in Malaysia mainly imported from China. Opcom have own plant to do manufacturing... nak buatan malaysia atau buatan china? Anyhow opcom should provide reasonable quality n price to counter competitor rather to blame others... Malaysia BN calture.
sume cari makan ma..glc also kena cari makan .. as long as the profit is within the acceptable range among competing competitors should be okay no matter who the company belong too..dulu itu big boss ckap apasal anak tak boleh bisnis cari makan skit..
In new Malaysia or 'malaysia baru' khazanah should invest into opcom instead of lingeries business. To prevent foreign exchange outflow. Seem so easy but so difficult.
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....
kevinobc
1,091 posts
Posted by kevinobc > 2018-08-01 09:15 | Report Abuse
huat huat huat!!!! estimate wil go as high 1.20 -1.50... buy keep it now