PANTECH Stock Forum

$PANTECH (5125.MY)$ how much more to fall?

$PANTECH (5125.MY)$ 240730 Renaissance Hotel JB. RM50. 6. 0. Tricor.

$PANTECH (5125.MY)$ has made good ground in terms of share price, rising close to 50% in the past year. While it posted disappointing results recently, it will likely ride on the expected elevated crude oil prices.

$PANTECH (5125.MY)$
Pantech Group Holdings Bhd has surged some 48.7% in the past year to close at RM1.10 on June 10.
The pipe-and-valve maker appears to have room for further upside with follow-through buying, lifting the share price to resistance levels of RM1.20 and RM1.24.
It has been a good build up for the counter, which was trading at a 52-week low of 71 sen a year ago.
Interestingly, the group is looking at spinning off two sub...