ASB gained 1 sen to close at 22 sens today. Is that the first candlestick for its sub-wave iii of wave (v) ?
Looking at the longer term chart, ASB is currently forming the wave (v) of major wave 1.
For 3 months ending 31/3/2014, its earning per share is negative 0.41 sen and net assets per share is 85 sens. It has cash Rm 116 millions and borrowing Rm 74 millions. Its net cash per share is 8 sens.
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