Stock: ~CEPAT~: CEPATWAWASAN GROUP BHD 8982

Stock: ~CEPAT~: CEPATWAWASAN GROUP BHD 8982

 

MHC Plantations Bhd is engaged in oil palm cultivation, investment holding and the operation of a hotel. The Company through its subsidiaries is engaged in cultivation of oil palm and sale of fresh fruit bunches, investment holding and property development. It operates Anson Hotel, which is a seven-storey hotel, located in the town of Teluk Intan. The Company's subsidiaries include Champion Point Sdn Bhd, Majuperak Plantation Sdn Bhd, Yew Lee Holdings Sdn Berhad, Anson Oil Industries Berhad, Ayu Gemilang Sdn Bhd, Telok Anson Hotel Sdn Berhad, Bisikan Gemilang Sdn Bhd, Sharikat Muzwin Bersaudara Sdn Bhd, Hutan Melintang Plantations Sdn Berhad and Majuperak Sawit Sdn Bhd. On 29 September 2010, the Company acquired the Bisikan Gemilang Sdn. Bhd. (BGSB).

 

From tokancorner view for investor only (not suitable for punter)

 

This week all counter all are related to Palm Oil Because I'm Trading Crude Palm Oil (CPO) Futures 

 

Bursa Stock : CEPAT 8982 ( Run For Ur Life Now / Buy On Dip )

 

Why ????

 

Observation From Chart:

 

CEPAT 8982

 

a) Major Trend still in bullish mode

 

b) It has breakdown from the channel ! And Now Lurking At Fibo 50% @ 1.00

 

c) Wisely Trade On Support Area on 76.2 % Fibo to 100 % range ( 0.780 - 0.880 )

 

d) Based on previous low trendline is projected at Fibo 76.2% area.

 

 

Suggestion :

 

" Sell On Strenght " For those who hold this stock

 

"Buy On Support Area And Keep A Small Risk"

 

" Buy On Dip "

 

Where To Buy This Stock Again ??

 

Here is some price options to think off :

 

1. =/> 0.780 - 0.880 

 

Remember to do risk management criteria ok ( 2% / 3% / 5% ) Suit yourself

 

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