Powered by Blogger.

We Have Move To...

2008-11-11

Axis already bottom















Axis Incorporated Bhd a garment manufacturer swung from a net profit of RM16.1m to net loss of RM68.4m for its FY2008 ended March 31. This had cause Axis share price drop from RM 2.00 to RM 0.23 on 10 Nov 2008. The lowest Axis had hits is RM 0.085

However, this few day the vol for Axis is vary vary high. The 2Q result is about to come out end of this month. One thing good to buy in this share is all the vary bad news is out and now only left good news to roll out because it is on the bottom already any down side will be unlikely.

A 1,000 unit share only cost RM230 and if Axis up again to RM 0.3 you will earn 30% in profit.

2 comments:

Elvis2020 November 11, 2008 at 9:21 AM  

Those holding KNM at RM0.68, ABANDON SHIP!!, price will shot down by 11.00 am! Heard from a friend who has inside information.

onlinesdotcom December 24, 2008 at 1:57 PM  

24/12/2008 it already 0.40 but i hope will down to 0.38 so i can get some of it.

Related Posts Plugin for WordPress, Blogger...

PostRank

My Blog List

Blog I Follow

Popular posts

Blog Archive

Templates

Stock Quote

Stock Quotes
KLCI Live Quotes
Lookup Stock Code/Name
Enter Stock Code/Name
FastQuote

Powered by zoomFinanceCorp.

Subscribe Now: Feed Icon

Home Page Home Page Home Page Home Page Home Page Home Page

Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

Malaysia Gold Price

Gold Price Per Gram in Ringgits
Malaysian Ringgits per Gram

  © Free Blogger Templates 'Greenery' by Ourblogtemplates.com 2008

Back to TOP