Is PRG a property developer? This is an important question for a fundamental investor because it will guide which sector you compare its performance with. At the same time, property is a cyclical sector and it can affect your valuation. The recent performance seems to be contributed driven by property. Is this the trend going forward?
sustaining well n closed at 22.5c.... need to c next week movement... still need to break 26.5 (previous high) to see a new higher high... stay tune guys...
today managed to break 24c... good sign... hope it will go back to former high of 26c... if can break by today, very good chance to see the range of 30-33 in coming days... stay tune guys...
yesterday hitting high of 25.5c... but didn't break my estimation at 26c.... as today is Friday, might see so consolidation.... those who have sold yesterday 24-25c, congrats n good profits to u all.... today I m looking at 21 range as my EP which i don't think will happen... best to go in again is 19-21c..... hope u guys make some money here...
if u really study and follow the trend.... range always 18-25 range.... unless it can break previous high of 26.5c which until now didn't happen... so I think the playing range will maintain at 19-25.... good luck guys...
Big Fund still inside, just flushing the weak holder & contra out. TA showing uptrend and will continue next week. QR report is the main key to unlock 0.265
Since market is forward looking, these counters probably already been beaten so when the results came out it is not as bad as they expected, so price goes up. Sometimes needs to inverse the logic 🙃
collection mode from 19-20.... good EP..... only problem is that the price cannot break previous high of 26.5..... so when reach 24-25, always back to 19-20.... perhaps that's the play range at the moment....
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....
i4value
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Posted by i4value > 2 months ago | Report Abuse
Is PRG a property developer? This is an important question for a fundamental investor because it will guide which sector you compare its performance with. At the same time, property is a cyclical sector and it can affect your valuation. The recent performance seems to be contributed driven by property. Is this the trend going forward?