Dsonic is involved in the provision of ICT solution (including the smart card personalisation such as secure ID, chip based credit/debit/bank cards), customisation of software and hardware solution, and provision of others ICT related technical consultancy services.
It was a fantastic stocks in 2013/2014.
In 2013/2014 there was a 1 for 2 bonus issue, a share split of one 50 sen share into five 10 sens share and another 1 for 1 bonus issue. From early 2013 one 50 sen Dsonic share at Rm 2.00 becomes fifteen 10 sen share and its price went as high as Rm2.40 by April 2014. The gain is 1700%. Fantastic.
Since April 2014, it went into a 16 months consolidation until mid-August 2015 to complete its mega wave (2). A complex A-B-C-X-A-B-C formation.
From mid-August to early October, Dsonic has completed a 5-wave major wave 1. Then it took another 6 weeks to completed its a-b-c-d-e major wave 2.
At today's trading, Dsonic gained 10 sens (+6.6%) with a high volume of 17.8 millions shares. It is possible that the wave (i) of its major wave 3 has started.
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