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When 30c++ that time, many ppl dont believe in Ramssol. Retraced from 70c+ to 50c+ alot ppl said this is con stock, today back to 70c again, releasing 3 quarter results with strong numbers. This round I must wait until RM1 already, warrant 70c should be possible
The FBM KLCI ended the morning trade session in the green after seeing some volatility, large cap banks supported the upward move. Broad market sentiment however remains on the side of caution but bargain hunting emerged in selected sectors. Health care rebounded in part due to moves in a number of glove counters, while plantation continued to thread higher on both mid and large-cap names.
Despite the mixed reaction within the tech space, we see RAMSSOL (Target Price: MYR1.00) clocking in decent gains after its recent results announcement. Our analysts have reiterated a buy rating on the stock today in their latest report.
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