DCHCARE Stock Forum

$DCHCARE(0283.MY)$
1. Reversal with high volume
2. Retest 40MA successfully
3. Volume increasing break resistance
Support = RM0.295
Resistance = RM0.35
Disclaimer: This post is for informational purposes only. Always consult a financial advisor before making any investment decisions.

$DCHCARE(0283.MY)$
On 21st Nov 2023, DCHCARE announced it will:
1. issue 249,075,000 of free warrants
2. acquire I Bella for RM75mil
3. establish ESOS of up to 15% of total shares.
Upon completion,
1. DCHCARE share base will be enlarged by 31%.
2. DCHCARE net profit will increase ~20% (conservative).
What now?
1. Assuming the market price before the announcement was fair, the price drop (-18%) has more than offset the dilution coming from the enlarged share base.
2. I...

$DCHCARE(0283.MY)$
DCHCARE formed a cup pattern, will it go higher ?
*if you like this analysis, I will post more analysis like that moving forward. Do remember to like and share 😁🤩

$SYNERGY(0279.MY)$ nice base formed with multiple low risk entries
$MERSEC(0285.MY)$ BO bullish flag today after a few days consolidation with light vol
$DCHCARE(0283.MY)$ 👀 base forming, low cheat seen.

Recently , there was a new IPO in Malaysia which caught the attention of the investors.
$DCHCARE(0283.MY)$  became the first of its kind to be listed on Bursa Malaysia . Due to it’s strong financial performance from 2020-2022 , it draws a lot of interest from fund managers and retail investors to put their money into this counter.
However, the high expectation of the future growth has pushed the valuation to skyrocket to more than 50 times PE Ratio
When i study...