1 thing good about new listed counter.. most of the time operator will push as high as they can to set the peak.. once they do, they will push it sky high. so TP 0.70 is quite logic..
80 sen actually is not my price target. It is the minimum it should be right now due to its wrongly-priced-IPO being too low. I will have to look at its next quarter results first. All its financial figures look super healthy based on its last quarterly results provided to Bursa. My price target could not be revealed here atm as i need more information but it is definitely above RM1.20
increase of diesel price will kill small farmer. operators with bulk cash and supply have advantage. based on the rising price, some of you I believed spending last 24hours reversed engineer and calculate future Q overhead budgets. just 2-3months away from raining/flooding season kicks in.. unfair.. but that life.. that factor alone will sky rocket this counter.. just the matter of time..
From last few days transaction you can see that FPHB correction with very low volume. I believe uptrend will start this few days. Is good timing to buy on weakness now.
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....
LicherTS
33 posts
Posted by LicherTS > 2024-06-06 17:02 | Report Abuse
0.80 is my tp :))