Friday, 10 January 2014

Presbhd - racing higher Part 3

Presbhd - racing higher Part 3


Another all-time high close at RM3.10.


It was a strong showing today. The price was pushed up all the way until closing bell. All 92,000 units of seller's volume at RM3.10 were taken out during the Trading-At-Last period until there was no more RM3.10 seller's volume at the closing bell. All in, today up by a commendable 20 cents. What a great showing at the beginning of the year.


It also top the Top Gainers chart today.








Not many retail players participated in the rally for this stock. This is because Presbhd is relatively a quiet and slow stock and does not fit the criteria for most retail players. Today rush is mostly participated by fund managers. Many had revisited and reviewed their exposure to this stock.

 

This does not come as a surprise to me. There are so many growth stories for this company. Whilst it may not shot up the way DSonic did but it will certainly climb to a remarkable height in the very near term.

 

Its price closed at all-time high RM3.10 on 10.1.2014.


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