Hi to all investors and traders! Congratulation for people who follow us on stocks like ICONIC, LKL, SMTRACK, these counters spike and limit up, we would like to share a counter that is very cheap and high chance to limit up.
Berjaya Corporation Berhad or BJCORP (Code 3395, Main Market, Industrial Product & Services)
There are reasons to look at the counter:
- Pharmaceutical related counter, recently collaborate with Bergamot selling face mask to fight covid19, BJCORP has ability to enter mask and glove sector.
- Last QR deliver good result with EPS = 7 cent, NTA RM1.2, the stock traded at RM 0.2 sens which is near 10 years low.
- Technical Chart uptrend, T+8 sideway and price stay close to EMA10,20,50, strong support and huge upside reward, the stock showing some volume daily but the price stable, signal of collecting.
- good sentiment in the market, Btech limit up(from 0.380 to 0.680), Titijaya(from 0.320 to 0.760), and many more penny stock the price limit up or spike alot, BJCORP, as the cheapest fundamental stock in market should limit up as well.
Recently, Tigas pharmacy collaborate with Bergamot to sell face mask fighting covid19, from the website, the introduction of Bergamot as below: The company not only selling mask and glove but also PPE. https://www.bergamot.com.my/index.php
Bergamot Sdn Bhd is a gloves manufacturer and supplier company. Our main office is located in Seri Kembangan, Selangor, Malaysia. As a leading examination gloves supplier, we always leverage on the latest R&D formulation to ensure the quality and price.
Bergamot Sdn Bhd supply a wide range of products such as latex examination powdered/powder free gloves, nitrile examination powder free gloves, vinyl examination powder free gloves, surgical gloves, household gloves, cleanroom gloves, CPE products, industrial gloves, face mask and disposable cap. We continuously develop on products range and have our quality assurance tighten in order to provide better variety to different market requirement.
By looking at all the reasons above, BJCORP, coming down from RM 1.8, to 10 years low (0.175), now trading at around RM 0.2, it is consider very cheap to invest, With recent good QR release and NTA = RM 1.2, the stock worth AT LEAST 60 sens, with recent good sentiment market, RM1 is possible. TP1 : RM 0.5 , TP2 :RM 0.8 , TP3: RM 1 , CL RM 0.17
Thanks for reading and see you in the next post.
THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION ARTICLE AS A SHARING TO BSKL COMMUNITY MEMBERS.
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