MAYBE NOT MANY PEOPLE KNOW EFFICEN IS ALIBABA PROXY IN MALAYSIA.
WHAT I SAID SO. FIRST LET US ANALYZE EFFICENT TOP 5 SHAREHOLDER.
BELOW IS EFFICEN TOP 5 SHARE HOLDER :
SINGAPORE POST IS THE SECOND BIGGEST SHAREHOLDER IN EFFICEN.
BELOW IS THE NEWS ALIBABA INCREASE 5% STAKE SHARE IN SINGAPORE POST IN JULY 2015
SINCE 2014, ALIBABA ALREADY INCREASE ITS STAKE UP TO 15% IN SINGAPORE POST RECENTLY.
THIS IS GOOD SIGN FOR E-COMMERCE INDUSTRY.
RECENT NEWS DENVELOPEMENT WILL ADD ON, SHOWS THAT, THERE WILL BE MORE CASH FLOW IN FOR THE COMPANY FOR NEXT QUATER AND IT WAS INFORMED THAT, APART OF THE DEAL, THE COMPANY WILL PAY DIVIDEN TO THE SHAREHOLDER.
TECHNICAL ANALYSIS VIEW FOR ALIBABA,SINGAPORE POST AND EFFICEN AS PER BELOW:
1. ALIBABA:
IF U SEE FROM THE PRICE ACTION AND THE VOLUME, IT SHOW BULLISH SIGN TO PUSH THE PRICE HIGHER. I BELIEVE IT WILL GIVE SIGNIFICANT IMPACT TO OTHER RELATED COMPANY
2, SINGAPORE POST:
SINGAPORE POST RECENTLY PRICE SHOW IT UNDER UPTREND CANNELFOR QUITE SOMETIMES. NOW IN UNDER CORRECTION PERIOD
3. EFFICEN
EFFICEN START TO FORM UPTREND CHANNEL AFTER BREAKING ABOVE 0.255. THIS BREAKOUT WAS ACCOMPANIED WITH HIGH VOLUME. LATEST DEVELOPEMENT ON THE COMPANY SHOW INVESTOR HAVE FAITH TO PUSH THE PRICE HIGHER.
I BELIEVE EFFICEN IS GOOD FOR LONGTERM INVESTMENT. RILEX AND WAIT FOR THE DIVIDEN
Disclaimer
The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.
The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.
The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.
The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.
http://klse.i3investor.com/blogs/Efficen%20is%20Alibaba%20Proxy/87647.jsp
