QES share price of about RM0.73 is undervalued. It should rise to the price that reflects its true and fair value. ( This is my personal opinion. Not as buy or sell call)
Seemed to have formed an inverted head and shoulder pattern after breaching 0.545. If it can stay above, there is a chance it could continue its upward trajectory.
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....
chon99
1,510 posts
Posted by chon99 > 2023-01-25 21:14 | Report Abuse
To my surprise, QES Cumulative Net Profit (CNP) shows a big jump in 2022 over 2021.
CNP at 30-09-2022 RM20.97m
CNP at 31-12-2021 RM18.99m
Difference +RM1.98 m
QES Cumulative Net Profit for "9" months of RM 20.97 million already surpassed that of "12 " months in 2021 by 1.98 million..
In other words, we can expect vast improvement in cumulative net profit in December 2022, the result will be known in February 2023.
Let's hope for much better results for the year ending 31-12-2023 listed in the main board .
Hopefully the investors and fund managers will notice the improvement.