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Background Swift
Swift Energy Technology Berhad (SWIFT) is principally involved in the provision of industrial automation and power systems, focusing on process control, Ex solar PV, power distribution, and other systems. It primarily serves customers in the oil and gas sector, as well as the grain products, edible oils, and food manufacturing industries. Meanwhile, the group is also involved in supplyi...
Swift Energy Technology Berhad (SWIFT) is principally involved in the provision of industrial automation and power systems, focusing on process control, Ex solar PV, power distribution, and other systems. It primarily serves customers in the oil and gas sector, as well as the grain products, edible oils, and food manufacturing industries. Meanwhile, the group is also involved in supplyi...
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Current Price: RM 1.23
The stock rebounded from a double bottom around RM 1.15, confirming a bullish reversal after breaking above the neckline at RM 1.20. However, the price encountered resistance near RM 1.30 and is now in a pullback phase.
Technical Analysis
1. Fibonacci Retracement Support:
The price has pulled back to the 50% Fibonacci retracement level, a key support zone where buying interest typically re-emerges.
2. Double Bottom Confirmation:
The break above the nec...
The stock rebounded from a double bottom around RM 1.15, confirming a bullish reversal after breaking above the neckline at RM 1.20. However, the price encountered resistance near RM 1.30 and is now in a pullback phase.
Technical Analysis
1. Fibonacci Retracement Support:
The price has pulled back to the 50% Fibonacci retracement level, a key support zone where buying interest typically re-emerges.
2. Double Bottom Confirmation:
The break above the nec...
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$OPPSTAR (0275.MY)$
why company making lost but still ppl acquiring this stock?
why company making lost but still ppl acquiring this stock?
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$SUPERMX (7106.MY)$
massive gambling stock beware. Once you see random RM 2 Target and only comments being 🚀 you need to beware… There’s a good chance it crashes on Monday like the last time it reached RM 1
massive gambling stock beware. Once you see random RM 2 Target and only comments being 🚀 you need to beware… There’s a good chance it crashes on Monday like the last time it reached RM 1
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99 Speed Mart $99SMART (5326.MY)$ With 99SMART $GAMUDA (5398.MY)$ Living up to expectations, successfully included in the new round of composite index constituent stocks $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ list, while both Genting heroes sadly exit.
According to the latest composite index constituent stock review list announced by FTSE Russell today, 99 Speed Mart and 99SMART will replace Genting $GENTING (3182.MY)$ and Genting Malaysia $GENM (4715.MY)$ 。
As for the list of candidates, there are a total of 5 companies, namely Malaysian banks $AMBANK (1015.MY)$ Genting, United Plantations $UTDPLT (2089.MY)$ Malaysia Airports $AIRPORT (5014.MY)$ and Westports Holdings $WPRTS (5246.MY)$ 。
The above adjustments will take effect on the 23rd of this month, and the next mid-term review will be scheduled for June 2025.
Qualified through fast entry method.
FTSE Russell will determine the new round of index top 30 constituents based on market capitalization rankings as of November 25, with companies in the top 25 by market cap essentially qualifying.
It is worth noting that...
According to the latest composite index constituent stock review list announced by FTSE Russell today, 99 Speed Mart and 99SMART will replace Genting $GENTING (3182.MY)$ and Genting Malaysia $GENM (4715.MY)$ 。
As for the list of candidates, there are a total of 5 companies, namely Malaysian banks $AMBANK (1015.MY)$ Genting, United Plantations $UTDPLT (2089.MY)$ Malaysia Airports $AIRPORT (5014.MY)$ and Westports Holdings $WPRTS (5246.MY)$ 。
The above adjustments will take effect on the 23rd of this month, and the next mid-term review will be scheduled for June 2025.
Qualified through fast entry method.
FTSE Russell will determine the new round of index top 30 constituents based on market capitalization rankings as of November 25, with companies in the top 25 by market cap essentially qualifying.
It is worth noting that...
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$GENM (4715.MY)$ malu lah counter ini, no longer blue chip stock, out of KLCI.
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$OPPSTAR (0275.MY)$
Oppstar share been falling like a rock since the start of August till now. With current quarter loss. The share will further plunge lower. However, 1 good news is that, there is a new business segment which generate additional 50% revenue which make the revenue. I think the new segment still have much room to grow and with the management effort to cut down the increase adminstative cost. Currently, the main revenue is stagnant around 10-15m. T...
Oppstar share been falling like a rock since the start of August till now. With current quarter loss. The share will further plunge lower. However, 1 good news is that, there is a new business segment which generate additional 50% revenue which make the revenue. I think the new segment still have much room to grow and with the management effort to cut down the increase adminstative cost. Currently, the main revenue is stagnant around 10-15m. T...
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$PCHEM (5183.MY)$
pchem first ever loses was due to forex where usd/myr from 4.7 dropped to 4.15 just in 3 minths time in 30 sep2024 which is the recent annouce quarter report. therefore with usd being stronger again. pchem forex loss will be reverse. this applies to many company that had huge losses due to forex.
pchem first ever loses was due to forex where usd/myr from 4.7 dropped to 4.15 just in 3 minths time in 30 sep2024 which is the recent annouce quarter report. therefore with usd being stronger again. pchem forex loss will be reverse. this applies to many company that had huge losses due to forex.
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