With yesterday's close of 96 cents, my new TP 1 is 1.02 and TP 2 at 1.06.
Currently The stochastics and RSI are in Overbought territory so a pullback wouldn't be a bad thing for the next possible move up. Although Stochastics are showing overbought, there is still a possibility of it not pulling back yet and maybe it could try to break Rm1.00, as the Stochastics haven't crossed down yet, but they are currently tight.
Epf selling is cos of portfolio rebalancing to other gov portfolio... msci / klci rebalancing Think about it...How can aeon be going up and up in the past few days when epf has been selling??
As the largest retailer in Malaysia with more than 500 k active AEON members, the upliftment of CMCO in most of the states, allowing inter-district and inter-state travel and loosening of CMCO in Klang Valley bode well with the strongest month for AEON. 4 cents dividend per annum, translates in 4% yield and indicators of recovery in process would elevate its share prices to RM1.20 minimum. Look back into the last 5 financial years and you can see that they growing every year.
The Health Ministry reported 1,335 new Covid-19 infections today, bringing the total number of cases in the country to 72,694.Its director-general Tan Sri Dr Noor Hisham Abdullah said the current number of active cases which carry high transmission risks climbed to 11,039, from 10,775 reported yesterday.
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....
sunnyleong
307 posts
Posted by sunnyleong > 2020-12-03 09:37 | Report Abuse
Hold Sell RM1.10 if u scare.