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Wednesday, August 12, 2020

Vicom Ltd

2nd quarter result was out! Vicom half year financial numbers fall 30.2% to $9.7 million from $13.9 million a year ago. No interim dividend was declared for 1H20 in a bid to conserve cash.

I think market doesn't like surprises!
Let's see the share price would reacts tomorrow!


Short term wise, I think it may likely move down to retest $2.10 level. Breaking down of $2.10 plus high volume that may likely drive the price lower towards $2.00 then $1.90 wIth extension to $1.82.


Not a call to buy or sell.
Pls dyodd.

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