selling pressure increase but accumulation slight pickup - overall long term trend still looks to break 200 day ma but this might be a controlled play, not for the weak hearted
check out the USD/MYR conversion rate now.. with Trump winning the US presidential election, USD is expected to reach 4.50 in the near term (not I said one ya, analyst said one)...
and Evergreen's export sales are denominated in USD and this will help boost its net profit in 2017... it is time for you to "sailang" in this share... don't forget about the 2017 expansion and internal re-structure plans that will provide better results in 2017 onwards...
this year will not be exciting for Evergreen, but in 2017, you will see huge improvement... yes, HUGEEEEE improvement in terms of revenue and net profit...
USD appreciation is only one of the many good factors for Evergreen... do more homework, you will know why i said so... 2017 will be a totally new era for Evergreen...
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....
sleepybryan
79 posts
Posted by sleepybryan > 2016-10-20 15:56 | Report Abuse
i will lend my support here :)