Poh Kong share prices is now just clearly going up recently with high volume. As gold stocks, both the Tomei & Poh Kong can hedge against uncertainty. Moreover, the profit margin is very high plus the US interest is expected to be cut in short time that further enhance the increasing in gold price. Good time to buy gold stock.
The Q3 2024 result will be released on 24 May 2024, I believe Q3 2024 will be very good. Believe that TS Francis Yeoh will announce a higher dividend after Q3 2024 result as promised. Hopefully, the share price of YTLPower will hit 5.55 after good Q3 2024 result releases.
HLIB will revise up the target price of YTLPower after good Q3 2024 result. Hopefully, the share price of YTLPower will cross 6.30 after good Q4 2024 result releases in August 2024. According to Fibonacci projection, the target price will hit 161.8% around 6.50 in August 2024. I will use this target price as a reference only.
Hopefully my prediction will come through in August 2024. Good luck. Thank you.
Hi OTB, is Bursa technically in a bull run yet? Am I wrong to say most investors of the last 20 years have never really seen the real bull run in KLSE/Bursa. In a real bull run, can we expect YTL and YTLPower to double its current price one more time? Hehe!
You will know you are in a real bull run when even your taxi driver (now Grab driver) be telling you which stock to buy. And all the restaurants in town are fully booked. YamSeng!
Hi OTB, is Bursa technically in a bull run yet? Am I wrong to say most investors of the last 20 years have never really seen the real bull run in KLSE/Bursa. In a real bull run, can we expect YTL and YTLPower to double its current price one more time? Hehe! -------------------- Yes. KLSE is in a bull market now. CIMB upgraded the FBMKLCI to 1,755 in 2024.
KLSE was in a bear market for 30 years since 1993. The FBMKLCI closed above 1,600 on 7/5/2024 which is at 2 years high compared against 1,582.98 closed on 5/5/2022. The next resistance is at 1,623, 1644, and 1,700 respectively. I believe the FBMKLCI will hit > 1,700 in 2024. I also believe KLSE will perform very well in the next 3 to 5 years.
The highest point of Jakarta Composite index (JKSE) was at 743 in 1993, the present JKSE is at 7,134.72 on 3/5/2024, an increase of 6,392 points or 860% in the last 30 years.
The highest point of FBMKLCI was at 1,332 in 1994, the present FBMKLCI closed at 1,600 on 7/5/2024, an increase of 268 points or 20% in the last 30 years. KLSE stock market is still far ... far ... worse than other stock markets in the last 30 years.
Even if the FBMKLCI Index moves up north to 2,000 points, it is still nothing to compare against other best performing stock markets. KLSE is still a laggard stock market in SEA.
It is not important how high FBMKLCI can move up north. It is very important that the stock you selected can move up north like YTLPower. Invest and focus on good fundamental and uptrend stock only, never buy a downtrend stock. Do not simply buy any stock on rumour and chase up the stock price.
This statement is true. "It is not important how high FBMKLCI can move up north. It is very important that the stock you selected can move up north like YTLPower. Invest and focus on good fundamental and uptrend stock only, never buy a downtrend stock. Do not simply buy any stock on rumour and chase up the stock price.
Good luck. Thank you. "
Example 1 - He/she bought not long ago and went to tend his/her farm outstations. Came back yesterday to check the price.
Example 2 - he/she did not buy for lack of confidence/funds or was trading the shares regularly for some gains.
Thanks, Dragon328, for all the Blogs & superb analysis! This stock is an excellent investment opportunity, supported by a wealth of FREE FREE FREE data and reports available for our review. Making informed decisions to buy or sell is all about utilizing these resources effectively. A big thanks to all the genuine experts out there!
if the taxi lao recommends me a stock then i know the market has topped up and it's time to get the hell out of the stock market (reminiscent of the the dot bomb bubble).
The times have indeed changed. Back in the day, news and analyses spread at a leisurely pace, giving people time to digest and reflect. But now, information travels at the speed of light. Remember when Supermax was just RM7? Every aunty in the neighborhood was singing its praises, predicting its rise to RM28. And what about taxis? They're a relic of the past. Now, it's all about Grab rides, driven by the Grab bros. Change is the only constant in this fast-paced world.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Invest_888
984 posts
Posted by Invest_888 > 1 day ago | Report Abuse
YTLP share price is going up unstoppable, consistently uptrend.