Bursa Malaysia - Stocks with inverted head and shoulders

KSL Holdings Bhd (Rm2.24) - Property :

Half year earning until June 30th is 29.64 sen per share. Net assets per share is Rm 3.16. Its next run-up can be its wave 3 of major wave (3).

Glomac Bhd (Rm 1.23) - Property :

For its financial year ending 30th April 2013, its earning per share is 14.72 sen. Its first quarter earning ending 31st July is 3.37 sen. Net assets per share is 1.16. Same as KSL, its next wave up is the wave 3 of (3).

Inch Kenneth (Rm 0.94) - Plantation :

A stock with strong assets backing, zero borrowing but with poor earning. Its first half earning until 30th June is only 0.49 sen per share. Net assets per share is Rm 1.79. Its cash and cash equivalent is Rm 180 million (about 43 sens per share). It has 500 acres of land in Bangi and Kajang valued at Rm 387 million (about 92 sens per shares).

Its next run-up is the wave 5 of major wave (3).



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