Aiyo.....this is a real brick and mortar company.....cos....they make real bricks as their core business.......good wo.....most property developers will need their bricks n roof tiles as a main raw materials........so can anytime increase the price liao......ha ha ha
1q result will be release this coming AGM on thursday . Allocate more margins to accumulate this counter. See can have limit up to break the resistance.
Kia Lim (KIA MK) Technical BUY on weakness with +13.0% potential return Last price : RM0.610 (RM0.570~RM0.590) Target Price : RM0.655 Support : RM0.570 Stop-loss: RM0.545 BUY on weakness with a target price of RM0.655 with stop loss placed below RM0.545. Following our BUY call on 20 Mar 14 at the price of RM0.500, KIA hit our initial target price of RM0.645 on 20 May 14 before correcting to the current level. Despite the overall trend remaining on the upside, we opine that the current selling pressure is still visible as seen by a contradictory move by the share price which has dipped lower while the trading volume has surged in the past 4 days. As such, KIA is likely to slide lower toward the 61.8% Fibonacci retracement level of RM0.570. We recommend that investors accumulate at RM0.57-0.59 to reduce overall risk. Potential rebound at this level may push the share price back toward its recent high of RM0.655 within the short to medium term.
Aiyo........what to do market selling on news.....result so so nia....ppl taking profit lor.....aiyoyo......have to wait for next cycle liao......wait lor......aiyoyo.......ha ha ha
Aiyo....kena selling down again today morning.....something is very wrong leh......why ppl abandon this reban leh....aiyoyo.....what to do now.....aiyoyo......ha ha ha
Aiyo.....if Ng family buying.......then good lor.....at least can support the price from lao sai again lor.....aiyoyo.....but no annoucement in BURSA leh....aiyoyoy...dunno true or not lor.....hope they do it lor....ha ha ha
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....
cpng
1,575 posts
Posted by cpng > 2014-05-14 11:25 | Report Abuse
give you 10 mins to study company profile