ASB & PMCorp

Advance Synergy Bhd (ASB) ( 22.5 sens)

ASB dropped 3.5 sens today to closed at 22.5 sens. If this drop is not the mini-wave 6, then it has to be the starting of sub-wave iv.

Pan Malaysia Corporation Bhd (PMC) ( 24 sens )

PMC started to form its wave (iv) in November 2013 and has completed the wave (iv) by early April 2014.

PMC took another 1.5 months to form its mini wave 1 & 2.

PMC added 1.5 sens today with high volume. It is possible that its mini wave 3 has started.

It has just announced its quarterly earning at 0.24 sen a share. Net assets per share is 49 sens. It has zero borrowing and its cash in hand is Rm 133 million which equivalent to 19 sens per share.

Major brands of PMC

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