1. Fundamental Analysis
|Revenue and Net Profit for ARANK from malaysia stock biz |
|Quarterly Revenue and Net Profit|
|Disposal of HongLee|
As of now, ARANK had been maintaining the net profit margin above 3.00%, which is much better if compared to last year. So, i will expect the Q4 also to have at least a steady QR and the net profit will be creating a new high.
|ARANK's Geographical Segment Performance|
2. Technical Analysis
|ARANK Daily Chart|
I am convinced this current QR had regained the investors' confidence. If ARANK can stay above the support of 1.17 for more than 5 trading days, i can say that 1.17 is a support. The next resistance is 1.24. As of now, the candle had flown to the upper band, aligned with RSI, it is slightly overbought. I expect the share price to retrace in the next few days and later continue to challenge the 1.24. Once broken the 1.24, then ARANK is in the all time high and sky is the limit!
3. Projection Analysis
|China To Order Steel, Aluminium Curbs to Fight Pollution |
|Peer Comparison among Aluminium Counters in Malaysia|
P/S: I will organizing my Gainvestor Investing Workshop in KL. If you like my method of analysis, or if you want to know more information, feel free to PM me in my FB page or you can whatsapp me through 012-2467867.
: The Edge Financial Daily dated 16 June 2017.