Astro lost its monopoly over paid TV broadcasting. However the real game-changer may be the high speed broadband which may bring out competitors from the left field that we have yet to factor in the impact. Notwithstanding the above, I believe that this news has been discounted over the past few months.
Although investors remain cautious about recent gains, DBS notice that Malaysia's fundamentals have not involve any negative news. The simultaneous growth of the global economy and the rebound in corporate earnings will continue to support the stock market. The strength of this benchmark index is mainly from the rising bank stocks, as the earnings outlook is still...
Background Elsoft Research Berhad ('Elsoft') is involved in the research, design and development of test and burn-in systems and application-specific embedded systems. It provides products for semiconductor, opto-electronic (such as image sensors) and automation industries (such as lighting). Recent Financial Performance In QE30/9/2018, Elsoft's net profit...
The price is currently quoted at 0.385 and is therefore in a large support range.Should this range hold, there is great potential to see another upward movement to the next larger resistance between 0.875 and 0.750. If the last high is reached at 0.625, the long-term downtrend is to be considered as broken. The RSI (14) indicator is coming out of the oversold...