last time got one impatience guy brought one day then want immediate up ..... buy stock need hold in patience, otherwise don't buy ........ anyway towards AGM, price will continue uptrend .... just hold ......
The purchase of additional palm oil land in Indonesia was completed in December 2016. Should start contributing profit to the current quarter. MKH is also to recognise a gain of about RM2.5 million for that bargain buy.
-ve : In period of uncertainty, many dislike cash call such as Right Issue. +ve : CPO >RM3000/tonne is a big plus to the upcoming earning for MKH. Neutral : property market is in doldrums but from the latest interview with the STAR, CEO disclosed that MKH property arm is doing well.
Where will the price head to is depending on your assessment: -ve : fund managers dislike Cash Call +ve : I like the surprise contribution from high CPO neutral : i believe the CEO statement that property arm is doing well.
the price is moving down maybe is due to the postponed of the right issue with bonus share. in this current price, MKH is finding the support area .... In other word, they re-accumulate of shares and warrant at this moment for next surge up. The price will slow climb back to 3.20 and once results out (plantation revenue should be good where property revenue being maintained), the price will move to next level, let's us put short term target price at 3.50 first.
There is PRMIA project to be launched this year if not wrong.
windcloud u talk so much n end up u locked profit. haha.. =) this is what u said: " last time got one impatience guy brought one day then want immediate up ..... buy stock need hold in patience, otherwise don't buy ........ anyway towards AGM, price will continue uptrend .... just hold ....."
kenken, I think no need to apply seat ... but I never attend AGM before .... MACD like going to cross already .... if tomorrow got another white candle, will be look good ....
Please update us new once you attended AGM like company future prospects, oil palm expansion plan, thks.
yea.. Kindly share the info plss. thanks in advanced. Wish to go but no time , so those will have few lot will show his name on the list when u go to the agm? haha
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....
wei007
43 posts
Posted by wei007 > 2017-02-03 09:44 | Report Abuse
have been waiting for 2 years and finally MKH makes a come back!