Keinhin share prices will be in sideway and downtrend in short term since market can't accept its financial result. Need to wait for good news or big players to move up the price to above RM1.00
A stock for mid term as if you check the stock will test same range for a 4-5 trade days and when it work for longer run can show 20-30% return side within 2-3 days only , need a proper buy range and then wait for actual movement then only it will cost you best in the things.
technical positive again as maintain stream line for above side , if BSLCORP is above 2.3RM again then keinhin will show 1.05-1.10 range again
KHI continuously seeks opportunities to grow its revenue and profit by not only investing in production capacity, engineering capability and quality assurance technology, it has also expanded its core business namely metal stamping and precision machining through Vietnam operation. This strategic expansion plan is in line with our Group’s vision for a sustainable growth to ensure that our shareholders receive consistent and positive economic returns such as dividends and share capital appreciation in the long term.
from Quarterly report .......... as it is preparing for the increase in sales orders and demand in the coming months in view of new items awarded by the customers in Vietnam.
1) KHMV commenced construction of a new warehouse measuring approximately 13,000 square feet......, which has been completed in July 2021
2) KHTV Factory Phase 1 will be expanded from a single-storey factory to a 3-storey factory and the total built up area will be increased to approximately 47,000 square feet. With the enlarged factory, KHTV is expected to secure more businesses especially from the metal stamping industry in the coming 2-3 years
...... will be increased from approximately 19,000 square feet to 47,000 square feet upon completion in October 2021. The enlarged factory will cater for new business especially from the metal stamping industry.
3) The total industrial land area owned by KHMV and KHTV is approximately 12 acres......, and it is expected to further increase in the coming years
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....
dompeilee
11,888 posts
Posted by dompeilee > 2021-09-27 09:15 | Report Abuse
Whew!!!!! Luckily I SOLD off my remaining shrs(except for the odd lot dividend shrs I got years ago) for $1.136 last Tuesday!