Its profit from highway is increasing as the traffic volume is increasing, the raising price of toll may contribute it a higher profit as well. In its O&G sector, it started its O&G business since 2010, within just around 4 years time, it had managed a great and an increasing profit with also obtaining jobs from Petronas. Furthermore, recently it had just acquired remaining stake of 49% of the Labuans, which will benefit their earnings in its O&G sector. Last but not least, its managing director had served several large companies before and currently directorship with other public companies and other organisations, O&G counter in malaysia needs malay and government kakilang only can fly. So, just hold it tight , it's just matter of time. Good luck all.
Chill bro, lot of buyers were queuing at 430, close with 435. coming soon. This counter not yet be noted, hold it before it is noted with very good prospects.
Silk Holdings (SIB MK) Technical BUY with +12.5% potential return Last price : RM0.480 Target Price : RM0.530, RM0.540 Support : RM0.450 Stop-loss: RM0.445 BUY with a target price of RM0.540 with a stop loss below RM0.445. SIB’s share price has been trading below the strong resistance of RM0.450 (now support) since 15 Mar 13. However, a gap-up last Monday on top of a strong volume suggests a genuine breakout and an end to the 10-month consolidation period. Following yesterday’s positive closing which signals upside continuation, we expect surging momentum to push the share price higher. Given the positive development in MACD and both 22-day and 60-day SMA lines sloping upward, the share price could move toward our projected target of RM0.540 in the medium term if it successfully penetrates the previous high of RM0.530.
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....
kedaiweb
2 posts
Posted by kedaiweb > 2013-12-13 11:49 | Report Abuse
Intact...!