Monday, 9 December 2013

Presbhd - racing higher

Another of my favourite stock none other than Presbhd.

Just as I have expected, today Presbhd breaks its old record high and hit another new all-time high close at RM2.68, up 9 cents.

Its all-time intraday high is RM2.70.

To recap. The company had just ex-dividend on 3.12.2013 for 3.5 cents. Its price was adjusted and opened at RM2.59 at the opening bell. The price was closed at RM2.63 a day earlier. If that is to be taken into consideration, theoretically the closing price should be RM2.72, if we wanted to look at it this way.

There will be more upward actions until end of the year. This is one of the best long term investment stock. Good dividends and capital gains.


Its price closed at all-time high RM2.68 on 9.12.2013.

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