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@azinuddin asri takpa encik azinuddin, hiraukan saja mereka. sebab yang menggerakkan market bukan org org kecil, tapi fund fund besar. Kalau org sebar benda negatif, dia tak affect pun price. Pergerakan opensys masih sihat midterm in shaa ALLAH
Guys, avoid following this person. There is a similar person commenting in Master about limit down and super ring also, with the same name but no '888'. There are many such people trying to create unnecessary fear in others.
Relax, there is no any sell signal and there is only buy signal now as just broken the all time high. Other technical indicators such as the macd and rsi indicating fresh up momentum
@arifin kassim yes, from the daily chart it is currently at a strong support of MA50, and previous all time high. Suggest to monitor on possible bounce.
@fiona jong, normally when the prices has gone upwards rapidly, it is normal for people to take profits, the price will move downwards when people sell to take profits. I would say the current drop is a typical and healthy pullback in terms of the normal movement of price action.
@razali mohd dahin, very sorry for the late reply. 0.70 cents would be the lowest cash dividend payout since 2010. Previous 3 years dividend payouts were around 1.75 in 2018, 2.13 in 2017 and 1.88 in 2016. The company does have a 30% dividend policy and consistent in paying dividends, although the amount has decreased.
in shaa ALLAH ok lagi encik, weekly dan monthly chart masih sihat, chart paling penting iaitu midterm chart masih uptrend. Dia rehat lama sedikit sebab dah naik banyak dan break alltime high. Pullback dgn low volume, skrg test all time high sebagai support. Insider masuk harga lagi tinggi, maksudnya yakin dgn company.
in reference to the new quarter report, the group said it had a healthy book orders pre MCO, but unfortunately due to MCO, the company couldnt operate hence sufferred losses. The loss was still much less than the previous year. Also, in previous quarter reports, the company also stated that the restarting of the mega projects in Malaysia such as ECRL, and Bandar Malaysia may boost steel demand for another 4 to 6 years. Considering ECRL has started to give out contracts, may benefit Melewar
