this is one of the counter i like the most, from i know they has no problem to get new contract, but the earning a bit lesser, it should has more earning %.
if can wait another 1 year , and once the company started the new project, the price will goes up already. I got my 20% into this company.
now SENDAI go back ema200 above.......... so today closing and tomorrow if can stand above 0.55 then it got chance to go back 0.60sen............ for short term players............. and good luck.........
I also agree a price target of RM 1.00 by the first half of 2017 is a very realistic target. As per the 3rd quarter 2016 report the net assets per share of the company is RM 1.32, way above the current market price of the stock. The company has excellent track record in its field with successful completion of many icon projects. Further, as indicated in their press statement along with the 3rd quarter report, the company has historic high order book. The projected higher oil price for 2017 compared to 2016 as well as the higher USD against the ringgit also augurs well for this counter, going forward in 2017. In addition, recent move into successfully diversifying into high growth markets such as India and Thailand and project wins there are also positives for the company.
I have a wrong assumption instead . Should have sold to make one round of profit and buy back when the price retreat since I bought quite high the price at 0.56 cents . Very likely 2morrow it can reached back to the price which I bought b4 it could trend higher next week . I would have easily sold at 0.595 cents , but hesitate and reluctant to sell despite given the opportunity and chances to sell , but I still believed the downtrend is minimal with the strong buying support and well absorbed . Dipping at 0.56 cents is a good entry point , but likewise making a profit of 2 cents in bulk is sometimes meant a lot rather than none !
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....
manji
223 posts
Posted by manji > 2016-12-02 17:22 | Report Abuse
doji star, time reverse