Technical | Fundamental Analysis Discussion Stocks Listed In Bursa

Wednesday, July 17, 2019

Elsoft: Chart and Comment

Elsoft: Chart and Comment
Elsoft:

Grp experienced weak demand for its auto test equipment in smart devices, auto and general lighting for beginning 2019.

1QFY2019 core net profit declined 18.7% qoq and 38.6% yoy as revenue also declined 22.5% qoq and 38.7% yoy.

As at march 2019 net cash at rm71.7 mil or 10.8 sen per share.

Technically stronger support is at 0.865.

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