Zixin is a biotech-focused sweet potato integrated circular economy industrial value chain operator in China. It is a play on the rising China market.
For its FY2024 (ended Mar 31), the company reported a net profit of 13.4 million yuan, reversing a net loss of 14.2 million yuan in FY2023.
The group is expected to report its H1 FY2025 results in mid-Nov.
Thomas Clive Khoo has continued to increase his substantial shareholding in Zixin to 9.15%. His last purchase was at 0.029.
PhillipCapital initiated a buy for Zixin with tp of 0.05.
It has bottomed at 0.025. It is bullish with the price above the MA5 and is making higher highs and higher lows. It may break out of its recent high of 0.032. Resistances around 0.033, 0.034 and 0.037.
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哇到宝 : I bought at it's peak of 0.032 since last year Mar. I bought more to avg down to 0.028 this Apr. Hopefully can rise above 0.032 before year end.
bullrider_21 OP 哇到宝 : Maybe around mid Nov when results are released.