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Not surprising, Ah Choon Wong. TRES traders dump their positions when it first touches 0.725. TRES price was at 0.70 when the CEO sold big chunk at that price. KLIBOR rate back then was 3.5%; hence 0.70+3.5% is approx 0.725.
It’s a growth stock with good roe and roic, very light asset business model, the boss recently set up few office in other countries…….
It’s up and down for few times already, also a good trading stock …….
Honestly speaking, Total Reset recommeded this stock to me one year ago, but when i bought it, the quarter results not as good , I disposed all at a lost and switched to buying CloudPT at that time was around 0.51 , and I made a profit that I lost in this stock …..
After the next quarter results out, it’s so much better, and I re-entered again and more on trading buy low sell high. Until the recent quarter’s good results, then only decided to hold longer term…..
