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Life Water Berhad got that potential to breakout if the market sentiment shifts in our favor. Just relax and wait for the East Wind to blow us some real gains.
Chart pattern looks quite solid now since the volume started to creep up, steady buying momentum is building inside so just keep an eye on the breakout potential
Rakuten Trade Sdn Bhd said the sector is also benefiting from increasing demand for sustainable buildings, green-certified developments and modern workplace designs, which are expected to create further opportunities for specialised interior fit-out contractors.
Against this backdrop, the firm said Adnex Group Bhd is well positioned for earnings growth, underpinned by a healthy order book, expansion plans and favourable long-term prospects within Malaysia's interior fit-out industry.
Adnex currently has an outstanding order book of RM28.5 million and a tender pipeline worth RM120 million, providing visibility on future earnings and opportunities to secure additional projects.
Panic buying always happens when water supply issues hit the headlines and that usually spikes demand for bottled water stocks. The disruption is a short term volume booster for Life Water but the long term value depends on their actual production capacity
Market demand for offshore vessels confirm getting spicy now with that Middle East expansion pushing margins up. Solid play for long term growth if the contract flow stay consistent like this.
This counter confirm got legs to run once the momentum break past the recent resistance. If the volume keep pumping like this reaching 35 cents is actually quite realistic.