9.85% gain today - strong closing and nicely poised to test the resistance of 1.08 tomorrow - on track to meet the average target price of 1.14 - although the next ceiling of 1.20 doesn't seems to be too far fetched
XINHWA has a hybrid business model. Being hybrid enable XINHWA to effectively ride on oil price cycles with resilient earnings. When oil price rises, XINHWA benefits from increased O&G contracts flows from clients such as MHB, MISC, KNM, PANTECH and when oil price slumps, transport activities are robust due to high demand and low cargo transportation costs, as well as government infrastructure materials transportation projects and warehousing.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Jayd3
38 posts
Posted by Jayd3 > 2015-08-04 16:41 | Report Abuse
http://www.theedgemarkets.com/my/article/xin-hwa-bags-rm18m-logistic-contracts-mmhe