source: Bloomberg, Stockbit
However, it seems that recently, its core business is not doing well... (Software segment is -19% revenue and -86% profit to record a mere RM2.5m in profit in 9m 2018).
source: CIMB research report
Breached downtrend channel, heading to all time low of RM 0.24. RSI still downtrend and still have room to go before it touches previous low...
Prestariang had a good core business of software, training and education but this business segments are facing real challenges and not growing ever since SKIN was onboarded. SKIN was their golden egg, which is now being taken away. Without profits from SKIN, 9m 2018 is running at a loss as the other business segments seems unable to fill the gap.
A fellow trader had this target price... Majority of retailers voted yes for super bearish outlook for Prestariang