Do you think the Boss will let his stock to earn a bad branding whent he IPO was only few weeks back? oh dear. Market sentiment and temperament take over for now. But at least got support no break below 0.36 ha2.
Just study its past quarter report to confirm yourself. I have downloaded its report not long ago in this forum.
If you said " trap" . the only traps are the fishermen use to trap the fish as this stock is related to seafood. Other than that I don't know what kind of trap you are talking about .
I concur with the view of the Hong Leong analyst who favours consumer sector as one of the safer choices of investment , through Sin Chew Daily Press Businesses edition dated today 15-10-2022 (Saturday).
PT Resources is within the Consumer Products and Services, Sub Sector: Food and Beverages.
The analyst is also of the view that after the election, the new Malaysian government will support the consumers' spending to bolster up the national economy.
Just viewing at the size of building, we realize that PR Resources' businesses are conducted in grand scale.
It is not only dependent on seafoods or meats alone but also on a variety of foods to enhance its profitability.
More and more investors will be aware of PT Resources' growth potentials.
The most important thing is that we are picking the right stock at at an undervalued price.
I think PT Resources has the competitive edge in the East Coast so much so that PR Resources becomes the market leader. I think it will conduct the businesses with fair deals. As such, more and more customers will approach PT Resources for continual businesses.
(Just my personal opinion. For your reference only. Not a buy or sell call)
Some of other food stocks have higher PE ratios and higher prices, but I would not mention those stocks' names in this forum for comparisons as in so doing will be unfair to them and can lead to arguments. Each stock has its own merits and demerits.
What I expected is that PT Resources price should catch up with the higher- priced stocks.
I think that PT Resources deserves a higher rating.
To : Stocker, thelastone, geary and many others. Sorry I am unable to mention their names one by one .
Everyone is important in this forum.
To tell you the truth I had never thought of Qatar Football event could have any business relationship with PT Resources until thelastone mentioned about it.
Hope more and more people can also contribute creative and constructive ideas and make this forum more inspiring.
The global demand of fish, seafoods, meats, eggs vegetables and other types of food are ever increasing partly due to food shortage and partly due to increase in population.
I am glad that PT Resources help to relieve part of the food shortages both domestically and globally.
That's the reason why I believe that PT Resources deserves a much better and higher rating.
Sabar ya. Buat sementara waktu saham PT Resources ini sedang rehat dan mestilah menambah makanan laut juga, demi kekuatan, lepas itu baru lah boleh berjalan dengan lebih laju dan meloncat dengan lebih tinggi.
Bergurau gurau saja. Jangan marah ya.
PT Resources ini memang lah se buah syarikat gang kukuh dan kuat.
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....
Zenithopia
1,451 posts
Posted by Zenithopia > 2022-10-14 09:13 | Report Abuse
so stable today 0.38-385, should go 0.4 above lols.