(At the time this blog create, price at RM 0.495) (Syariah)
Stock that must have in portfolio should be Huaan. Some say this stock already high and high risk to enter. Then normally in bursa malaysia, the more you scared the more price will be up then you become more scared. Some say this stock rally from 4.12.17 RM 0.230 to 29.12.17 RM 0.390 because of coke price up and others good news, but for me one factor that this stock must buy because of their upcoming quarter report.
Share price not make new high because of no reason. I believe traders / invester accumulate and buy this stock for upcoming quarter report that will show a huge net profit compare to last year.
If you look at the malaysiastock.biz, last qr out at 27 Feb. 2017. Some will think 2018 also must out by Febuary 2018. But take a look before that qr, out by 28 Nov. 2016, but 2017 it out in October. So base my calculation, new financial qr 31 Dec 2017 should be out in this month (January). My expectation revenue for upcoming quarting should be around 320,000 and net profit around 43,000 eps 4-6. This just prediction only. Make decision yourself.
With election mood and dow jones make new high almost everyday, my target price for this stock at RM 0.620 (in January), but if qr out on Febuary, target increase to RM 0.820. Happe trading and make own decision.
http://klse.i3investor.com/blogs/SASARANHARGASTOCK/143378.jsp
