SWIFT (5303): Listed on the Main Board; Transportation & Logistics, Container Logistics
Trade on the potential breakout from the accumulation phase by considering fundamental factors that could drive SWIFT's stock price.
Potential Points to Look Up:
1. ESG Initiatives Impact: Understand the financial and operational impact of SWIFT's green initiatives on its bottom line and how it aligns with global ESG trends.
2. Warehousing Strategy: Dive deeper into SWIFT's warehousing expansion plan, its financing, and expected return on investment.
3. Competitive Position: Assess SWIFT's market position compared to other logistics players in Malaysia and how it stands to benefit from the booming e-commerce sector.
4. Fuel Costs: Monitor global fuel prices and their potential impact on SWIFT's operational costs, given its significant role in the logistics business.
5. Global Economic Factors: Stay updated on global economic conditions and how they might impact the demand for transportation and warehousing services in the region.
✅Current price: RM0.465
✅Entry: RM0.450 - 0.500
✅Stop Loss: RM0.440
✅Resistance: RM0.515/0.665/0.785
✅Technical Target: RM0.58/0.665/0.785
✅MAYBANK, BIMB & KENANGA TP: RM0.52/0.58/0.87
✅Risk Profile: Low
Hydra_X
22 August 2023
Trade on the potential breakout from the accumulation phase by considering fundamental factors that could drive SWIFT's stock price.
Potential Points to Look Up:
1. ESG Initiatives Impact: Understand the financial and operational impact of SWIFT's green initiatives on its bottom line and how it aligns with global ESG trends.
2. Warehousing Strategy: Dive deeper into SWIFT's warehousing expansion plan, its financing, and expected return on investment.
3. Competitive Position: Assess SWIFT's market position compared to other logistics players in Malaysia and how it stands to benefit from the booming e-commerce sector.
4. Fuel Costs: Monitor global fuel prices and their potential impact on SWIFT's operational costs, given its significant role in the logistics business.
5. Global Economic Factors: Stay updated on global economic conditions and how they might impact the demand for transportation and warehousing services in the region.
✅Current price: RM0.465
✅Entry: RM0.450 - 0.500
✅Stop Loss: RM0.440
✅Resistance: RM0.515/0.665/0.785
✅Technical Target: RM0.58/0.665/0.785
✅MAYBANK, BIMB & KENANGA TP: RM0.52/0.58/0.87
✅Risk Profile: Low
Hydra_X
22 August 2023