Glem

DANCO - the BEST EVER quarterly revenue and net profit

Long
MYX:DANCO   DANCOMECH HOLDINGS BERHAD
This makes us wonder what the fourth quarter results will be like, considering the company already did so well under challenging conditions. Based on notes to Bursa Malaysia, the management of Dancomech seem pretty confident with the company's ability to maintain this momentum. Management said that the good results were helped by MTL (the newly acquired 70%-owned subsidiary of the company) that immediately contributed positively to the Group, and will continue to do so moving forward, barring any unforeseen circumstances.

Notably reminder suggestion!
Limit Up 52WKS : 0.745
TP 30-50% : 0.725 - 0.795
SL -30%: drop down to 0.675

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