this is a dividend paying stock...fundamentally good. it's day will come again. i am betting for epf to come in and banks to start covering it..maybe next
It's now in a healthy correction stage. I guess existing Fund Managers are selling down for profit, while collecting at lower price. It is quite similar to the case of JHM Consolidation, where a couple of weeks back, it was heavily sold down to 2.68 from high of 2.94 before surging to another high of 2.97 today. Chart analysis is showing strong trading by institution funds, so it is just a matter of time before the next breakout.
Has been good run. Maybe exhausted.....too much profit already.....corporate mission completed .....look for another counter going to be transfer to main board. ...would be better momentum.
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....
projecti2016
789 posts
Posted by projecti2016 > 2017-03-22 18:03 | Report Abuse
continue up.