Consolidation at the worth continuation
JFTECH as seen one of the rising stock in the semiconductor. Previous year and early of the year in 2021 has shown the stock price significantly emerging due to the demand on the chips and semiconductor.
Most of the tech stock, has higher PE. This PE can be reflect the market expectation in the laymen term which is terribly high, making it as the high risk in the stock valuation.
Ahead of the prospect of JFTECH, as the time of writing; share price has been pulling back since the peak price met and found the low price for the consolidation. Reflecting to the earning, this company has the strong cash and should continue to rise in the EPS. The higher the EPS(Earning per Share) the higher chance of trade above the average price.
Safe zone for entry : RM1.30
TP1 : RM1.38
TP2 : RM1.45
TP3 : RM1.60
TAYOR.
#MisiDuitRaya2021
Most of the tech stock, has higher PE. This PE can be reflect the market expectation in the laymen term which is terribly high, making it as the high risk in the stock valuation.
Ahead of the prospect of JFTECH, as the time of writing; share price has been pulling back since the peak price met and found the low price for the consolidation. Reflecting to the earning, this company has the strong cash and should continue to rise in the EPS. The higher the EPS(Earning per Share) the higher chance of trade above the average price.
Safe zone for entry : RM1.30
TP1 : RM1.38
TP2 : RM1.45
TP3 : RM1.60
TAYOR.
#MisiDuitRaya2021
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