I will put my money in this stock. PERIOD!
CAHYA is one of the companies that supply raw materials in construction. They involve in the constructing of PAN Borneo Highway, billions of ringgit telecommunication tower project which was awarded to 5 contractors including them and many more. Don't forget that in Sarawak, the state only accepts local companies with employees 90% from Sarawak only. What I'm trying to say is, there are not many competitors in the state and we can expect a very good return.
Back to the chart, it is now has completed the last wave of correction, and it is currently at the demand zone before heading up. DTosc and Stoch indicator shows that the market is biased in the OS area since the last trend wave which was in June 2015, it also means the market no longer wants to go 'down'. There is also a divergence in MACD showing that the momentum was weak. I will definitely put my money when Dtosc and Stoch market reaches the OB area and making a 'change of route' in that area. Surely it will be a good investment.
CAHYA is one of the companies that supply raw materials in construction. They involve in the constructing of PAN Borneo Highway, billions of ringgit telecommunication tower project which was awarded to 5 contractors including them and many more. Don't forget that in Sarawak, the state only accepts local companies with employees 90% from Sarawak only. What I'm trying to say is, there are not many competitors in the state and we can expect a very good return.
Back to the chart, it is now has completed the last wave of correction, and it is currently at the demand zone before heading up. DTosc and Stoch indicator shows that the market is biased in the OS area since the last trend wave which was in June 2015, it also means the market no longer wants to go 'down'. There is also a divergence in MACD showing that the momentum was weak. I will definitely put my money when Dtosc and Stoch market reaches the OB area and making a 'change of route' in that area. Surely it will be a good investment.