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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.


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.

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