Porken
:
I think before aug, stock should cross 60c and hover around thr till 1H21 result release in early aug.. 1) Might have interim dividend 2) completion of 13% stake sales to Yonghua and Wen capital 3) new positive progress on ipo in China.
Any of this news might bring the price up further..
102858656
Porken
:
Thanks for the feedback. Agreed totally with your comment. Just hope the down in US market will not adversely impact this counter and drag it down further. It has been consolidating pretty well in the range of 0.5 - 0.58. Hope it can stay above this and break 0.6 and surge to the next level.
Latent Profits : Good call
Porken : Their 1H21 result is est to release in early Aug.
Might have some rally prior to that
102858656 : Any insights to this counter? Now losing monies.......
Porken : I think before aug, stock should cross 60c and hover around thr till 1H21 result release in early aug..
1) Might have interim dividend
2) completion of 13% stake sales to Yonghua and Wen capital
3) new positive progress on ipo in China.
Any of this news might bring the price up further..
102858656 Porken : Thanks for the feedback. Agreed totally with your comment. Just hope the down in US market will not adversely impact this counter and drag it down further. It has been consolidating pretty well in the range of 0.5 - 0.58. Hope it can stay above this and break 0.6 and surge to the next level.
MichaelTJC : so now is a good time to buy tuan sing?
102858656 Latent Profits : Need to consolidate for how long? Another week?
MooSting OP : now support is at 0.535. If this support broken it will go to next support at 0.50. No sign of buying yet.