If this closes above 1780 today, in my view, it's about time to see a new high in Transpek. Fundamentally a strong company and a clear performer from past 5 years, it had withstood previous tough times created by economies and nature. High Debt a little concern, but is well covered with the Operating Cash Flow. A great portfolio of products and in some, only supplier from India to US, it is well placed to generate consistent growing revenues with good margin and profits.
In my view, Technically the stock is in good momentum and from the charts, if it manages to cross and stand above the blue line, who knows?! A new base and a new high!!
Note: Views expressed are for educational purpose only.
In my view, Technically the stock is in good momentum and from the charts, if it manages to cross and stand above the blue line, who knows?! A new base and a new high!!
Note: Views expressed are for educational purpose only.