Since May 2018, GKENT share price went downhill. With the current catalyst of new water infra project in Selangor and GKENT is one of the main player in the industry. Could we finally see GKENT will be back to its Glory Day? Plus there are bundle of Share buyback purchase.
Technically, its currently testing EMA200 & psychological resistance at 0.75. Short term...
Rebound at support area soon? YKGI potential for reversal, pending another testing at price 0.16-0165. Selling volume are not so significant signalling that its on weak bearish trend. With the rumours of GST is coming back, its a good catalyst for this counter!
Potential >30% ROI?? We shall see!