KUALA LUMPUR (Sept 20): RHB Retail Research said Brahim’s Holdings may climb higher after posting a long white candle and hitting its highest close in more than 2.5 months.
In a trading stocks note today, the research house said the upward momentum would likely continue, given that it has breached above the downtrend line drawn in the chart.
“A bullish bias may appear above the 58 sen level, with an exit set below the 50.5 sen threshold.
“Towards the upside, the immediate resistance level is at 71 sen. This is followed by the 77.5 sen level,” it said.
Everyday I key in buy at bottom. At this price, near the lowest in ten years. The downside is very minimum. Chart shows high possibility of rebound in near term.
Brahim's Holdings Bhd announced today its chief executive officer (CEO), Nasser Abu Bakar, 50, has resigned.In a filing with the stock exchange today, the group said Nasser's resignation, after less than two years on the job, was due to personal reasons.Nasser was appointed as CEO of Brahim's on Feb 25, 2016.
Change of guard ... hoping this will be a good time for Brahim to bring in someone better to helm the group and turn around the fortunes to be profitable once more!
Boring counters led by idiot management team...the main shareholders cum management are close family members whose only interest is to keep their pockets deeper and deeper.....when it comes to KPIs of company ie profitability, cost cutting measures, dividend declaration are simply pathetic .....
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....
pretty_life
4,810 posts
Posted by pretty_life > 2017-09-19 15:34 | Report Abuse
What good news? Why suddenly up so much ?