It seems that the price action has been rejecting to go lower than 0.135 since 25 Nov '22 and it never closed lower than 0.145 except for on 25 Nov '22 at 0.14.
Parkson, PLS, JcbNext, Zen Tech, Trive, Marco, Nylex, Edaran, YOCB, CLMT, MCT, MHB, Econpile, EA Technique, Encorp, OKA, Tek Seng and Rohas KUALA LUMPUR (Jan 30): theedgemarkets.com highlighted two stocks with positive momentum and 16 stocks with negative momentum at Bursa Malaysia's afternoon close on Monday (Jan 30).The stocks with positive momentum were:Parkson Holdings Bhd — up one sen or 10.34% at 16 senPLS Plantations ... TheEdge30 Jan, 2023 14:17pm -
From my observation, a company may exit PN17 if it shows improvement in its financial performance, which include;
1. Improved profitability (check, EATECH got project from Petronas and many to comes in 2023) 2. Sufficient cash flow (reflect in Q3, and may show improvement in Q4) 3. Reduction of debt (EY is helping the company to get out from this) 4. Increased market capitalization (2023 is bullish for oil and gas industry) 5.Compliance with regulation (at this time, EATECH comply with the regulators)
On the TA view, several indicators may indicate an improving trends and potential exit from PN17 status;
1. MA200, MA50, is below the price consistently. 2. Increased trading volume in months. 3. Consistently reaching new highs and breaking resistance levels. 4. Chart pattern is up trend.
In some cases, a company may exit PN17 status quickly if it demonstrates a significant improvement in its financial performance. Lets hope for the best!
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) E.A.TECHNIQUE (M) BERHAD
Particulars of substantial Securities Holder Name DATO' IR ABDUL HAK BIN MD. AMIN Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Details of changes No Date of change No of securities Type of Transaction Nature of Interest 1 16 Jan 2023 300,000 Disposed Direct Interest Name of registered holder MAYBANK SECURITIES NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR ABDUL HAK BIN MD AMIN Description of "Others" Type of Transaction 2 16 Jan 2023 325,700 Disposed Direct Interest Name of registered holder CIMSEC NOMS (T) SDN BHD - A/C CIMB FOR ABDUL HAK BIN MD AMIN (PB) Description of "Others" Type of Transaction 3 17 Jan 2023 474,300 Disposed Indirect Interest Name of registered holder CIMSEC NOMS (T) SDN BHD - A/C CIMB FOR HAMIDAH BINTI OMAR (PB) Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred Disposed of Shares at Open Market Nature of interest Direct and Indirect Interest Direct (units) Direct (%) Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change Date of notice 27 Jan 2023 Date notice received by Listed Issuer 27 Jan 2023
Announcement Info Company Name E.A.TECHNIQUE (M) BERHAD Stock Name EATECH Date Announced 27 Jan 2023 Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 Reference Number CS2-27012023-00027
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....
gorengsaja
33 posts
Posted by gorengsaja > 2023-01-27 07:41 | Report Abuse
wahh 30 sen in anytime, 1 month eazy 50%.
still cheap now, time to collect before break 25
great news is coming i heard. sell on news hikhik