FACBIND (2984) - Facb (Rm1.29) - Forming major wave 5
With Facb moving steadily to Rm 1.29, I guess I can rule out its second possibility that I have mentioned in my earlier posting.
It appeared to me that Facb's share price is moving along the path of the first possibility, forming its major wave 5.
Mini wave 3 of its wave (iii) is about to end. Mini wave 4 is likely to have a 4 to 6 sens pullback.
As I have mentioned previously, Facb has Rm 155 million of cash in hand, which is about Rm 1.82 of cash per share.
FACBIND (2984) - Facb (Rm1.29) - Forming major wave 5
http://chanky50.blogspot.my/2017/03/facb-rm129-forming-major-wave-5.html
