Bursa Alert
Global Market
NewsHot Stock ES Ceramics jumps 3.3% on favourable 'buy' rating
Page 1 of 1
Hot Stock ES Ceramics jumps 3.3% on favourable 'buy' rating
by Cals Thu 10 Dec 2015, 21:52
- Hot Stock
[size=28]ES Ceramics jumps 3.3% on favourable 'buy' rating
By Surin Murugiah / theedgemarkets.com | December 10, 2015 : 9:32 AM MYTKUALA LUMPUR (Dec 10): Shares of ES Ceramics Technology Bhd ([You must be registered and logged in to see this image.] Valuation: 0.80, Fundamental: 1.95) jumped 3.3% this morning after Hong Leong IB Research said the stock's share price was expected to trigger a Reversal Ascending Triangle (RAT) break amid bullish indicators.
At 9.14am, ES Ceramics rose 1.5 sen to 47 sen with 1.91 million shares traded.
In a note today, the research house said it was targeting 48 sen and 52 sen measurement objective of RAT, with a long-term objective of 55 sen.
"Immediate supports at 44 sen and 43 sen.
"Cut loss below 42 sen. Attractive risk to reward ratio with 20% upside against 7.7% downside," it said.
(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» ES Ceramics' 2Q net profit jumps 32% to RM1.8 mil
» Hot Stock Benalec gains 0.88% on favourable outlook for stock
» Hot Stock Bonia up 2.65% on favourable research report
» Hot Stock AirAsia active, rises 0.43% on favourable outlook
» Hot Stock FGV continues to climb buoyed by favourable factors
» Hot Stock Benalec gains 0.88% on favourable outlook for stock
» Hot Stock Bonia up 2.65% on favourable research report
» Hot Stock AirAsia active, rises 0.43% on favourable outlook
» Hot Stock FGV continues to climb buoyed by favourable factors
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum