0.00001cent Point of view
$NATGATE (0270.MY)$ Price cannot hold at 0.90, most holder are in profit, hope this is healthy pull back. I can see overall trend in 3 months is making higher lows, the stock is likely preparing for another attempt to breach the 0.890 ceiling.
Most people will wait market whisper about Q2 result, i bet some already estimate Q2 performance based on shipment volume, or cheque transaction. Looking back Q1 poor performance we can see that it mainly due to foreign exchange losses, margin pressure, heavy Capex rather than a collapse in business.
Based on this, i assume that if those temporary factors ease, profit can recover quickly even if revenue only rises modestly.
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