Chart wise, today 's close is a Doji... With higher volume... may means selling is over... Hope for a up close tomorrow, then it becomes a "morning star" pattern... to launch a new up cycle... fingers crossed :)
Maintain SELL, TP: RM0.67. Maintain SELL rating with unchanged SOP-driven TP of RM0.67. Despite the healthy orderbook level, the persistent weakness of property market and rising rate environment are major headwinds for its de-gearing initiatives. Moreover, ongoing infrastructure project reviews and cancellations further worsen the company construction segment prospect.
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....
CharlieSim
1,254 posts
Posted by CharlieSim > 2018-09-04 10:31 | Report Abuse
that is the only reason i can think of for WCT to be down for so many days :)))