@fankl113 in latest QR 15. COMMENTARY ON PROSPECTS While the Board is pleased with the Group’s financial performance for the first quarter of the new financial year, the Board maintains a cautiously optimistic view of the Group’s performance in the year ahead, which will remain underpinned by the Group’s orderbook of almost RM900 million. The threat posed by Covid19 on the economies of not only Malaysia but that of the rest of the world remains real.
StockHunters: uptrend ahead. after tomorrow wont be able to buy 50 cents or below
^
My comment on 3/12/2020. The uptrend will continue. If it goes red, don't worry, just a short and healthy pullback. This stock longterm will only bring you profits. Hold tight. MORE contracts to be awarded.
The irony is that when Companies starts to get their Order Books balloning, Shares placement exercise comes in suddenly. Examples, MYEG, Serba Dinamik, etc. Consequently,the share price falls. This was the hard lessons i learned and wish to share here with particularly the newbies. To be safe, plan your realistic % margin. For AWC a gain of RM250 -RM350 for every 100 lots is very good enough. I did that. Realise your gain. Come back again when the price movement is favourable. Cheers.
Those companies that are in high debt burden will eventually issue RI or PP in order to improve their financial status. How about AWC? Surely a safe bet if you understand their current financial status.
. Not a speculative stock. Good fundamental. See contracts in hand. Revisit the financial reports. Keep for longer term, you will be rewarded. Good Luck..
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....
Hero76
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Posted by Hero76 > 2020-12-03 19:12 | Report Abuse
@fankl113 in latest QR
15. COMMENTARY ON PROSPECTS
While the Board is pleased with the Group’s financial performance for the first quarter of
the new financial year, the Board maintains a cautiously optimistic view of the Group’s
performance in the year ahead, which will remain underpinned by the Group’s orderbook
of almost RM900 million. The threat posed by Covid19 on the economies of not only
Malaysia but that of the rest of the world remains real.