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this counter cannot compare to those , may be you visit their plant and factory to do study , 2020 and 2021 , should be the highest profit for tech industry , but they fail to capture too . next QR can show , higher material cost , shortage material , higher salary , higher operational cost , higher loan interest rate . this is not cash cow company . above Rm1.10 very danger, if next 2 qr not performance well , back to 0.70 .
Mind i ask you how many of retailers know the actual works of the company they invested? And interest rate is high after fed rate but the market already know this. But now inflation is slowing down after latest cpi. Therefore stock market react after that. Eventually fed will slow down their hike and probably reduce it to boost economy, when rate going down, which sector will benefit first?
if you buy at around 70-80cents what is your worry or concern ? and i told above 1.10 very danger , dont it is real and truth ? if not how come it from 60cents go to 1.17 almost 100% in within few weeks without any positive news ? logical ? dont we all know it is goreng up then later go back down again ? how it go , quarters report will told . it is still debts more than cash company too. i may be right may be wrong , or you chase high buy around 1 ? that is why super strong defend.
