"..........Homeritz has allocated RM10mil to be spent over the next three years up till its financial year ending Aug 30, 2017 on plant and machinery with the aim of increasing its capacity.
It aims to automate some of its processes....."
RM 10m to automate the factory. You must be joking !
And Homeriz furniture definitely is more complicated than the flat chipboard. $10m probably buy you a good leather colour-dyeing machine but certainly not respectable automations !
".....While the company has not seen any interest from any institutional funds, Chua is open to the idea of it, depending on the investor’s profile and rationale for wanting to invest in Homeritz...."
many people trap at their top hitting that day at .850 -.870, me one of them..waiting it growth. the TA graph show a good chart just waiting for the good timing and fly
Long term supporter 'sapiruth' cabut liau ma at 84-85 after entering at49/55/75/80.5 Actually, someone is washing cup n plates for me at the back alley, always have to sell near 52 week high with high vol
Homeritz Corporation (HMCB MK) Technical BUY with +19.5% potential return Last price : RM0.795 Target Price : RM0.875, RM0.950 Support : RM0.755 Stop-loss: RM0.750 BUY with a target price of RM0.950 with stop loss placed below RM0.750. HMCB’s share price has been consolidating within the “cloud’ for the last 13 days as it gradually climbed above the rising trendline. Following yesterday’s minor surge above the “cloud”, HMCB has closed above both the 10-day and 21-day SMA lines, indicating the share price is likely to nudge higher in the near term. Given the bullish crossover in Stochastic, we expect the rising momentum to push the share price higher hereafter. Moving forward, we peg our medium-term target at the 1.61x Fibonacci extension level of RM0.950.
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....
keithchan
369 posts
Posted by keithchan > 2014-05-05 11:29 | Report Abuse
Disappointed. Only hevea moved but not homeriz today