Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
19/8/2021: Pestech has chosen its direction. With the bombastic QR Result coming from Pestech Cambodia, can Pestech International perform the same? Days to go!
Oversold during end of june, now is making a higher low which i think is healthy. The share price is respecting the downtrend resistance, hopefully can break out soon.
Sooner or later. Stay safe buddy. But i must say that one should not invest in pestech if expecting an immediate return. Typical retailer will never make money in this counter :) just my 2 cents
Indeed. Nonetheless, we should also appreciate Pestech’s effort in securing few projects that generate recurring income. This is why they are on net debt. “Recurring income = Invest now, enjoy later”
What is repurchase agreement (repo)? In repo, dealer (Mr Lim) sells securities to another party (EFH) with an agreement to buy back at a higher/agreed price at the maturity date. In short, the dealer himself is merely raising a short-term funds at a favorable interest rate with low risk of loss. Correct me if i’m wrong :) cheers
Perhaps you can look into the reason of the transaction. The said transaction was made pursuant to master share sale and repo. It is not common but not unusual. Correct me if i’m wrong :)
Volume above average with green candle is a good signal. If the price able to stay above 0.965 for the next 3 consecutive days, yes, there is a change of trend. Next resistance RM1.00 close to EMA200.
