Prospect (quarterly report released on March 29th, 2024):
Looking ahead, the Group acknowledges the ongoing challenges in the global semiconductor industry expected to persist into the first half of 2024... A robust and gradual recovery is anticipated in the second half of the financial year 2024.
...
Barring any unforeseen circumstances, the Group maintains an optimistic outlook for both its business and the industries it operates in, with current signs pointing towards recovery.
business masuk banyak, product problem pun banyak, ia tak boleh support. kilang susah nak buat profit, sini punya graf susah nak naik tinggi, tak tahan lama.
Our member CharlesT shared with us a month ago the following info:
Saw a lot of new names in their latest Annual Report.... 4. Naza 5.181% 6. Dali Asia Pacific Fund 1.55% 9. HL Dana Makmur Fund 1.395% 10 HL Growth Fund 1.295% 11.Dali Asia Pacific Fund 1.28% 15.Principal Islamic Smallcap Fund 0.71% 18 HL Foundation Fund 0.518% 19 Principal Islamic Enhance Fund 0.507% 20 HL Foundation Dana 0.482%
Out of 30 top shareholders, at least 17 to 18 r held by Funds
I am sure all these funds and Naza know what they are doing.
ECA is one tech stock that hasn't really move :) Maybe this is an opportunity to collect... Its last 2 quarters' financial results were poor, just like many other tech stocks. But it gave a bright future prospects for its business in 2H 2024, also just like other tech stocks. If other tech stocks can move "in advance" now before 2H'24 (realization of good results), why not ECA :)?
at the end of January 2024, ECA Integrated Solution Berhad had RM9.62m of debt, up from RM5.35m a year ago. Click the image for more detail. However, its balance sheet shows it holds RM34.5m in cash, so it actually has RM24.9m net cash
fuiyoh, race to the bottom. this one.. not even results month for them but the price also dropped as if it had released really bad results. and some big fund bought it at 74 sen last Nov... 😮
Updated Wed, Nov 6 2024 4:27 PM EST Dow soars 1,500 points to record high in best day since 2022 after Trump election win: Live updates Yun LiJesse Pound
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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....
thinakaran
86 posts
Posted by thinakaran > 2024-04-05 10:27 | Report Abuse
already formed double bottom