Just like the movies, the famed Fast & Furious is ALL ABOUT SPEED.
So wear your seatbelt and get ready for ride of your KLSE life!
1st show: POS / 4634 - RECAP
NEWSFLASH #1
CORPORATE NEWS - 26 October 2019 from The Star
“Despite the challenges, Pos Malaysia will continue to serve the
nation in providing postal services for all, leveraging on its vast
delivery network coverage across the country, ” the note said.
KUALA LUMPUR: Pos Malaysia Bhd
will have to revise its postage rates in tandem with the price increase by the Universal Postal Union (UPU) starting January 2020 to align its operation cost.
will have to revise its postage rates in tandem with the price increase by the Universal Postal Union (UPU) starting January 2020 to align its operation cost.
“Despite the challenges, Pos Malaysia will continue to serve the
nation in providing postal services for all, leveraging on its vast
delivery network coverage across the country, ” it said in a note to
Bernama.
The UPU is a United Nations agency that coordinates postal policies
among member nations, in addition to the worldwide postal system. —
Bernama
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NEWSFLASH #2
HAZY BUT SOMEONE HAS TO DO THE JOB
YOUR LUNCH IS DELIVERED TO YOUR DOORSTEP AND SO IS YOUR MAIL.
GRASS IN YOUR NEIGHBOURHOOD IS CUT. YOUR FUTURE HOME IS GETTING READIED
ON TIME AND THE FIRES – THE REASON FOR THE UNBEARABLE AIR OUTSIDE – ARE
PUT OUT.
REMARKS:
Wouldn't you have a heart to care for our hardworking postmen, come rain or shine or HAZE?
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NEWSFLASH #3
SingPost to introduce new postal service categories, increase international airmail rates starting early Dec (2019)
National mail carrier Singapore Post Limited (SingPost) is set to
introduce adjustments such as new postal service categories and
increased international airmail rates in a bid to “meet the demands
brought about by changes in Singapore’s postal landscape, including the
growth of eCommerce and falling mail volumes”.
In a statement on Wed (30 Oct), SingPost said that the changes, slated to take effect from 2 Dec this year (2019), “will enable SingPost to better serve the fast evolving needs of the local community and improve service standards”.
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1st show: POS / 4634 - RECAP
Technical Buy
- 12 December 2019, POS rose 15.0 sen (+10.60%) to close at RM1.56, backed by stronger-than-average trading volume.
- Chart-wise, the share seems to be catching a breather from the downtrend that started in October.
- Notably, 12 December 2019, candlestick formed along long bullish inverted hammer candlestick which we believe is a sign of a potential recovery.
- Additionally, key momentum indicators are showing meaningful upticks, further reiterating the possibility of a rebound.
- Should the buying momentum persist, we expect it to test its resistance at RM1.80 (R1) and RM2.20 (R2).
- Conversely, support levels can be found at RM1.20 (S1) and RM1.00 (S2).
Technically this stock will accelerate from 1.56 onwards to the recent
1st resistance level 1.80
2nd resistance level 2.22
3rd resistance level 2.60
It will be at the speed and the flawless maneuvering skills of our main driver, Vin Diesel.
Source : Kenanga Research 13 December https://klse.i3investor.com/servlets/staticfile/375668.jsp
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REMARKS:
There is a deep understanding that Malaysian Communications and Multimedia Commission (MCMC) will issue an official announcement on the postage hikes around 10 January 2020. This year 2020 - also a representation of the perfect vision and eyesight 20/20.
Do you have what it takes to capture this moment and WIN BIG by this Chinese New Year rally?
(From RM1.50 to RM2.50)
Issued By
SEE_Research
(Sensing Eagle Eye Research)
https://klse.i3investor.com/blogs/see_research/2020-01-05-story-h1482034688-The_Trilogy_of_FAST_FURIOUS_Shows_PART_3_FINAL_SHOWDOWN_POS_4634_KLSE.jsp
