Homeritz Corporation (HMCB MK)
Technical BUY with +19.5% potential return
Last price : RM0.795
Target Price : RM0.875, RM0.950
Support : RM0.755
Stop-loss: RM0.750
BUY with a target price of RM0.950 with stop loss placed below RM0.750. HMCB’s share price has been consolidating within the “cloud’ for the last 13 days as it gradually climbed
above the rising trendline. Following yesterday’s minor surge above the “cloud”, HMCB has closed above both the 10-day and
21-day SMA lines, indicating the share price is likely to nudge higher in the near term. Given the bullish crossover in Stochastic, we expect
the rising momentum to push the share price higher hereafter. Moving forward, we peg our medium-term target at the 1.61x Fibonacci extension level of RM0.950.

Congrats Homeriz shareholders!!

homer still need volumes in order to build up the walls... Perhaps u can sell your holdings and contribute some volumes to it

This post has been edited by Hongchai: Jun 13 2014, 10:41 AM

Hi Boon,

What do you think of Hohup?
Ever since private placement, the stock is dropping everyday

Well... I guess this stock would be sluggished until the discounted price has been fixed.
Just wondering, can I expect the stock to perform like Hevea after the whole private placement exercise is done?
Hevea was trading at a discount when they undergoing the private placement, when it was done, the stock flew (of course backed by good quarterly result)

So, the question is whether private placement for a good company is a good move? Or we should avoid these companies at all cost?

Thanks Boon3 & Spring Onion on your feedback on Hohup
Guess I will continue to hold it throughout the pp exercise

Help!!!
Where is the support for Hohup?

Haha... I buy this counter in batches... all also making losses... now i don't dare to buy anymore also... Really sweat

Homeritz approaching 70 cent liao =.=!!!

Homer back in action!