Noovertrade

MCE Holding - Forming a cup and handle -something is brewing ?

Long
MYX:MCEHLDG   MCE HOLDINGS BERHAD


if succesfully break 1.81, eyeing 2.10 next


So, finally the new entrance of strategic investor materialised as explained in the recently interview in BFM.
bfm.com.my/podcast/m...o-protons-resurgence


The MD disposed about 17.43% @2.50 per share to this new strategic investor and maintained a 3.08% of share to observe the partnership of new strategic investor. Certainly, a big plan is on the card.

Apart from supplying autoparts to Perodua, the MoU with MARii indicate that the company is ambitious to tap into EV markets leveraging on its current capabilities in the sensors and auto-camera segment.
www.reuters.com/comp....KL/key-developments

Stay watching for more updates

** Please note that this is not a buy/sell recommendation.
** The shares float is rather small so trade at your own risk. Buy on dip preferred.
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