So don't believe too much of those IB analysts who give this stock TP of RM1.62 and give HLT a TP of 4.55 which experienced 2 times limit up only to find it came down to earth today bcoz it is far ahead of fundermentals
Like i said, nothing to worry about after that fund decided to exit. You can look at the trading volumes after the fund exited and and there is underlying support and uptrend although i dont look at technical analysis but thats what the data tells me.
Hope you guys didnt cut loss as this will be trending upwards again.
Yes, anticipated need to hold abt 2 years, to reach back RM3 (if this is ur TP). We can see obviously this is not goreng stock, only factor that will bring price up is good quarter result(which not expected to see soon) due to bad economic demand
Lctitan stock price will go up in not too distant future maybe starting tomorrow simply bcoz if effective vaccines are found syringes and wraps are in demand and these are mostly made from PP and PE while gloves stocks are going downhill as can be seen from heavy selling these few days
Sorry for those who have switch and bought HLT bcoz of some analysts predicted a TP of 4.50 but now fell from 3 to just 1.30+ so invest with care with your money
Just bought at RM1.79 which I think is a good price. Previous quarter result is negative, -7.48cent & best quarter share price is RM2.42. Current quarterly result turn positive, 3.90cent. I think it should be at least RM2.00 soon.
Luxchem can't compare with LCTitan. Luxchem market cap, profit and dividends are much more lags behind of LCTitian. Can speculate Luxchem whenever major glove stocks price got major upward. Buy Samchem is much more better than Luxchem.
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....
chshzhd
1,908 posts
Posted by chshzhd > 2020-08-07 10:28 | Report Abuse
no problem , not much space downside ..