HLIB Retail Research – 18 Apr - Bullish Tracker:
MINHO- Main Market : Wood Products
Netcash per share: RM0.10 (28% to mktcap)
Book value/share: RM1.09
Rounding bottom breakout in daily chart, smart money indicators showing positive momentum and uptick bias.
Entry: RM0.36-0.375
Stop Loss: RM0.34
Resistance: RM0.39-0.405-0.425
Target price: RM0.405-0.425
Risk profile: Moderate
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