150 MA 50 MA 30 MA bullish
MACD & RSI in bearish zone.
Resistance point (1) 0.969 & resistance point (2) 0.937
There is a gap between candlestick indicated extreme strong buying force to push higher price.
Dividend Yield (%) : 5.10% (with RM adjustment)
Dividend Policy (%) : 40%
NTA (RM) : RM 1.170
Employees Provident Fund (EPF) is major shareholding with 55.80%
Strong customer base with famous local food producer.
Changes in trade and other payable increase significant in operation cash flow might caused a impact on company performance. Need to further clarification on this figure.
Due to MR YONG KWET ON & NEW ORIENT RESOURCES SDN. BHD. sold off more than 13 million unit of shares, it might bring a great impact on share price downward movement.
Try to bid 0.948 to have secure position.
Waiting more buying signal to hold a position