Facb (Rm1.29) - Forming major wave 5

With Facb moving steadily to Rm 1.29, I guess I can rule out its second possibility that I have mentioned in my earlier posting.

It appeared to me that Facb's share price is moving along the path of the first possibility, forming its major wave 5.

Mini wave 3 of its wave (iii) is about to end. Mini wave 4 is likely to have a 4 to 6 sens pullback.

As I have mentioned previously, Facb has Rm 155 million of cash in hand, which is about Rm 1.82 of cash per share.

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