the problem is the right issue, will it fly to 30c then right issue? Huge discount for sharehorder(only pay 5c to get a share ), reasonable not? Or will it back to 20c then baru right issue? I donno and of cos we don wish back to 20c. What i wish is after we subcribe right issue, share (after a week ) at least back to 20c .
agreed with semuthitam this company managed to achieved record high for their revenue and profit even before they start lodging in fmu5. Imagine how the next QR is going to look like with this additional resources. Another record? Time will tell. Buy before it's too late
PWORTH’s share price rose 2 sen (8.3%) to finish at RM0.26 yesterday. Earlier in March, PWORTH broke out of its sideways trend at RM0.12 and subsequently kicked off a strong 3-month rally to as high as RM0.33. The share price subsequently pulled back to RM0.20 where it now appears to have bottomed out. Note that yesterday’s bullish move resulted in a breakout above the downtrend resistance, while at the same time, the 20-day SMA has also completed a “Golden Crossover” with the 50-day SMA. From here, bias is now on the upside where investors may consider targeting the RM0.28 (R1) and RM0.33 (R2) resistance levels. Any weakness towards RM0.25 (S1) may be viewed as an opportunity to buy on weakness. Further below, the next resistance is located at RM0.235 (S2).
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....
Hwai Hooi
2,249 posts
Posted by Hwai Hooi > 2017-09-08 15:55 | Report Abuse
slowly fly no need so fast