#Michael Kwok Mabel the big meow wanted go to Parkson.Im here ong will come.Buy call 21 cents.Wait few months 30-35 cents valuation is here.If early boom sell first buy later. 27/09/2021 9:37 PM
PARKSON, which is involved in the operation of a chain of department stores with a geographical presence in Malaysia, Vietnam, Indonesia and China, is a post-pandemic recovery play following the gradual relaxation of strict Covid-19-related lockdowns. The resumption of consumer spending, to be further boosted by pent-up demand and year-end spending, should bode well for the group.
Alot people trying to bid 0.235 but seem those share holder are not willing to let go their ticket. Mostly shareholder believing it will up further. Hope this evening got movement.
Lion Industries Corp (0.695 +0.085) Bhd's 99 per cent-owned Amsteel Mills Sdn Bhd is selling its 100 per cent stake in Antara Steel Mills Sdn Bhd to Esteel Enterprise Pte Ltd (Singapore) for US$158.82 million or about RM663.85 million under an all-cash deal.
The crucial Fibonacci retracement levels are 161.8%, 61.8%, and 38.2%. There is also another figure that is presented as a ratio between any number of the row and the previous one. It amounts to 161.8%. However, there is also a 50% line that takes part in many signals.
If the price moves more than 61.8% of the preceding movement, there is a chance it will hit the level of the beginning of the trend.
PARKSON, which is involved in the operation of a chain of department stores with a geographical presence in Malaysia, Vietnam, Indonesia and China, is a post-pandemic recovery play following the gradual relaxation of strict Covid-19-related lockdowns. The resumption of consumer spending, to be further boosted by pent-up demand and year-end spending, should bode well for the group.
The key positive takeaway from the results is the group’s improvement in operating profit, rising from RM94.3m in FY20 to RM299.7m in FY21.
• The MACD indicator is also showing weaker downward momentum, thus laying the ground for an ensuing rally.
• The stochastic indicator is turning bullish too, suggesting that the stock could continue trending upwards.
• With the aforementioned positive technical signals, an anticipated upward movement in the share price could challenge our resistance levels of RM0.24 (R1; 14% upside potential) and RM0.28 (R2; 33% upside potential).
Today is due to yesterday us news. Will back to normal tomorrow onward… it very common… just stay cool. Will top up more if back to my price. Steady… today market fully effected mostly drop.
Doesnt seem right… sold mine… wait for next entry… next resistance 0.225 if lucky can up back to 0.25. Time matter. If tomorrow still same 0.23-0.235 better sell it first… but hardly to get 0.205 price short time. Might next entry is on november2021.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Klse_faizan
181 posts
Posted by Klse_faizan > 2021-09-15 10:04 | Report Abuse
Ok run. Company keep selling their treasury share. Just loss abit money. Better then waiting