PESONA METRO HOLDINGS BHD

KLSE (MYR): PESONA (8311)

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Last Price

0.24

Today's Change

+0.005 (2.13%)

Day's Change

0.235 - 0.235

Trading Volume

397,300


15 people like this.

6,011 comment(s). Last comment by CSflash 1 month ago

WieWie

133 posts

Posted by WieWie > 2016-10-21 20:31 | Report Abuse

My frend say aftet take rice see tis huat ah more the good news will come

W1-1K

432 posts

Posted by W1-1K > 2016-10-21 22:11 | Report Abuse

Sure huat ah.............................................. keep.....and win

takashino

11 posts

Posted by takashino > 2016-10-22 09:21 | Report Abuse

Business NewsHome > Business > Business News
Saturday, 22 October 2016
Eye on stock: Pesona Metro
BY K.M. LEE








PESONA Metro Holdings Bhd (Pesona; Code: 8311) was on the upward trend the past several months amid continuous bargain-hunting interest, lifting the shares from a two-year low of 33 sen on June 24 to a high of 44.5 sen on Thursday, the best level in 11 months, before turning range-bound absorbing a bout of mild profit-taking selling.

The birth of a young bull arrived following a prolonged correction phase. Based on the daily chart, this stock appears in the infancy stage of a recovery phase and albeit on a gradual pace, the course looks solid.

Apparently, the bulls had paused for a breather now but there is nothing to worry about, as it was expected, with prices approaching the relatively stiff resistance of 45 sen-47 sen band.

According to the tracking system, buying interest still is overwhelming and given the strong backing from investors, we expect to bulls to tear down the immediate barrier soon and start rallying again on renewed buying.

The next upper hurdle is expected at the 54.5 sen-55 sen range, followed by the 58.5 sen level but we reckon the bulls may seize the opportunity and ride on the current wave to at least fill the 63 sen-64 sen minor gap or challenge the 65.5 sen heavy-resistance line.

Elsewhere, the oscillator per cent K and the oscillator per cent D of the daily slow-stochastic momentum index were on the rise after triggering a short-term buy at the 40% level the previous week. The past week saw the 14-day relative strength index rose from a reading of 56 on Tuesday to settle at the week at the 78 points level yesterday.


Click on image for larger view
Meanwhile, the daily moving average convergence/divergence histogram sustained the steady upward expansion against the daily trigger line to keep the bullish note.

On the back of a pretty encouraging technical landscape, Pesona shares are poised to continue staying on the mending path and any pullback due to overbought condition is likely to be temporary. As for the downside, crucial support is pegged at 41.5 sen, which is the short-term bullish ascending trendline and coincidentally, also the 21-day simple moving average.

The comments above do not represent a recommendation to buy or sell.

TAGS / KEYWORDS:
Eye on stock , Pesona Metro

takashino

11 posts

Posted by takashino > 2016-10-22 09:22 | Report Abuse

The next upper hurdle is expected at the 54.5 sen-55 sen range...Good...

WieWie

133 posts

Posted by WieWie > 2016-10-22 10:30 | Report Abuse

My frend say takashino ur English no good la. 63 sen-64 sen more the possible got say mah.... at least... minor gap

......but we reckon the bulls may seize the opportunity and ride on the current wave to at least fill the 63 sen-64 sen minor gap

WieWie

133 posts

Posted by WieWie > 2016-10-22 10:35 | Report Abuse

My frend say Pesona got many contracts and oso got good news in the budget more beutiful in future long term.

philip31

348 posts

Posted by philip31 > 2016-10-22 10:48 | Report Abuse

Got some more contracts coming not announce yet my friend says. I long term investor die die also hold until Rm1.0 even if it takes 2 years. Better than FD. Hahaha. Any followers?

micky92

759 posts

Posted by micky92 > 2016-10-22 12:49 | Report Abuse

Gap up monday.

yk1188

132 posts

Posted by yk1188 > 2016-10-22 17:36 | Report Abuse

KUALA LUMPUR (Oct 21): Based on corporate announcements and news flow today, stocks in focus on Monday (Oct 24) may include: Multi-Usage, Econpile, Pesona Metro Holdings Bhd and Sinotop.

BSC83

87 posts

Posted by BSC83 > 2016-10-22 18:35 |

Post removed.Why?

moneykj

6,141 posts

Posted by moneykj > 2016-10-22 20:24 | Report Abuse

My fren say sell on news

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2016-10-22 20:47 | Report Abuse

My fren say you are right sell on news, thanks for selling to me!... wakakaka

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-23 03:55 | Report Abuse

So must support BN next GE. First co. to get so big project after PM Budget announcement. More projects to be won in future as well.
http://www.theedgemarkets.com/my/article/pesona-metro-bags-rm402m-contract-build-eaton-residences-jln-kia-peng

yk1188 Walao..400million project for PESONA ONLY. 独赢!
21/10/2016 20:17

WieWie

133 posts

Posted by WieWie > 2016-10-23 11:24 | Report Abuse

My frend say tis latest contract very the impressive the customer from Singapore to build high end residences in Jalan Kia Peng the very the expensive place in the golden triangle KL

WieWie

133 posts

Posted by WieWie > 2016-10-23 11:30 | Report Abuse

Pesona can build anything hospitals schools roads houses high end residences many many more contracts wil win again wait for happy surprises

WieWie

133 posts

Posted by WieWie > 2016-10-23 11:36 | Report Abuse

My frend say Ah Wie now you the very the panlai jor oso understand Pesona very the deeply d

Posted by callmehorny > 2016-10-23 15:01 | Report Abuse

my friend said, Monday q buy is the right. and my friend friend say.. let buy together and keep for half year. then my friend friend friend say.. ok ..let rock. and my friend friend friend friend said... why bo jio...

WieWie

133 posts

Posted by WieWie > 2016-10-23 18:36 | Report Abuse

My frend say investment must serious cannot play play main main. Buy company with the very the bright future only Oso cannot people jio u teo buy u must do the check urself.

Posted by BetterTomorrow > 2016-10-24 09:41 | Report Abuse

victor chin is main goreng kaki, dont worry,. will be like another layhong

Posted by BetterTomorrow > 2016-10-24 09:42 | Report Abuse

Eaton cant even sell, and leasehold project compare to nearby project from Hang Seng and Tan & Tan,

Posted by BetterTomorrow > 2016-10-24 09:42 | Report Abuse

Goreng first, talk later, victor dont care after all he has innorfam (layhong) to buy up ,not his money

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-24 09:56 | Report Abuse

wiewie ask your friend to tell Pesona boss not to support Bersih 5. Sure Pesona can get more govn contracts.

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-24 10:15 | Report Abuse

Ignored small-cap stocks set to see revival in fortune
http://www.thestar.com.my/business/business-news/2016/10/24/push-for-small-caps/

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-24 10:15 | Report Abuse

Pesona 1 of them? Pesona give good dividend.
http://www.thestar.com.my/business/business-news/2016/10/24/push-for-small-caps/

Posted by charles pang kah keet > 2016-10-24 10:34 | Report Abuse

tomorrow touch to 0;50sen, nex week touch to 0;70sen.

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-24 10:34 | Report Abuse

With latest RM 402 million contract won, Pesona order books has swelled to RM 1.8 billion even more than Gadang order book(RM 232 million?). Why share price so much different? Be greedy when others are fearful-Warren Buffet. Bought more today 45.5 sen.

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-24 10:36 | Report Abuse

If read my comments in FGV earlier no IB recommend buy is the reason why Pesona share price so low. IB only recommend when price already shoot up.

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-24 10:45 | Report Abuse

Balance sheet wise Pesona has net cash 9 sen in 30th June QR, so can afford to pay good dividend next few years.

WieWie

133 posts

Posted by WieWie > 2016-10-24 10:51 | Report Abuse

My frend say no need worry b paition

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-24 10:55 | Report Abuse

If use FD rate 3.1%(Maybank 1 year FD) as guide Pesona DPS 2 sen a year TP should be 70 sen.

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-24 10:57 | Report Abuse

i3 members like B Puri, Gadang, G Kent, Ekovest(const stocks) etc I prefer Pesona because cheaper hence more upside.

micky92

759 posts

Posted by micky92 > 2016-10-24 19:41 | Report Abuse

Good or bad news?

yk1188

132 posts

Posted by yk1188 > 2016-10-24 20:18 | Report Abuse

Lets see tomorrow market reaction. Hope like today OPEN HIGH CLOSE HIGH VOLUME HIGH...

WieWie

133 posts

Posted by WieWie > 2016-10-24 20:25 | Report Abuse

My frend say good news come one by one NEW PROJECTS GOOD NEWS IN BUDGET now SEP. Then SAAB GOOD RESULT sure wil up to new high price. Even more stronger got more than one good news the TP like the sky


http://www.pesona.com.my/img/pdf/2016/160815-theedge.pdf

yk1188

132 posts

Posted by yk1188 > 2016-10-24 21:51 | Report Abuse

is it true that they issue 39.5million share with rm0.70 to complete this trading ? It is too high price compare with current 45.5cents only...

TomyamGong

4,156 posts

Posted by TomyamGong > 2016-10-25 00:21 | Report Abuse

tomorrow drop ? as yesterday gap up and stucked.

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-25 04:19 | Report Abuse

Huge order books(latest RM 1.8 billion) will eventually be reflected in coming QR even share price not yet show it.

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-25 04:39 | Report Abuse

Perhaps Pesona TP 70 sen next year so SEP vendor agree 70 sen shares to be issued? Pesona even reach RM 1 last year.

Posted by yk1188 > Oct 24, 2016 09:51 PM | Report Abuse
is it true that they issue 39.5million share with rm0.70 to complete this trading ? It is too high price compare with current 45.5cents only...

abiyo

21 posts

Posted by abiyo > 2016-10-25 06:51 | Report Abuse

strong buy now

yk1188

132 posts

Posted by yk1188 > 2016-10-25 09:05 | Report Abuse

Following the up close on Oct 24, the stock is expected to move higher again with immediate hurdle at 47 sen.

“A crossover of 47 sen should see further price rise to the next overhead resistance zone, 49.5 sen – 51 sen.

Biorider

101 posts

Posted by Biorider > 2016-10-25 09:12 | Report Abuse

my friends says pesona contract is over 3 to 4 years and some will be completed soon... my friends also suggest me not to buy...

BN_menang

2,982 posts

Posted by BN_menang > 2016-10-25 09:25 | Report Abuse

RM 1.8 billion contract can last 5 years and qtrly abt RM 90 million revenue(higher than last QR revenue). If complete faster qtrly revenue become higher.

Posted by charles pang kah keet > 2016-10-25 10:59 | Report Abuse

cepat naik pesona metro 8311, jangan kedekut naik half sen, satu sen saja, terus naik 10 sen sehari.

Posted by charles pang kah keet > 2016-10-25 10:59 | Report Abuse

harga patut pesona metro 1.00sen atas.

Posted by charles pang kah keet > 2016-10-25 11:25 | Report Abuse

JIKA PESONA BOLE NAIK SAMPAI 1.50SEN, SAYA MAU PERGI BELI MERCUN BAKAR UTK MENYAMBUT METRO PESONA BOSS SUDAH MAJUKAN SYARIKAT.

hisehatu

2,250 posts

Posted by hisehatu > 2016-10-25 12:56 | Report Abuse

Jangan naik cepat sangat. Aku pon mau beli jugak.

euan8888

93 posts

Posted by euan8888 > 2016-10-25 14:33 | Report Abuse

cepat beli.. mati sama-sama

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