On 11 May, I sent out a live trading idea to my members regarding LHN Logistics at ard $0.148, ard 1:02PM. After that, price hold well for some time when US index and and reached $0.184, or 24.32% potential profit, just 3 weeks later.
Below is the live trading call I made for LHN Logistics on 11 May, in the afternoon:
Congrats to members who caught this opportunity according to my live trading signals! Now many are asking whether the price can go up further after price has been moved so much, whether can buy more. Below is my view:
The listing time (IPO) of LHN Logistics is not long, and the overall trend is not clear. But businesses that could benefit as regions move from Covid to open logistics may benefit.
From fundamental perspective, based on today's closing price, the company's PB ratio is 2.19. consider not low already as compare to it peers Singpost and GKE with a PB ratio of ard 1.
When entering the market, it is a plan to capture the potential rebound after severe sell down and oversold. There has been a clear rebound, then you should consider selling on strength to take profit, or sell gradually.
The listing time (IPO) of LHN Logistics is not long, and the overall trend is not clear. But businesses that could benefit as regions move from Covid to open logistics may benefit.
From fundamental perspective, based on today's closing price, the company's PB ratio is 2.19. consider not low already as compare to it peers Singpost and GKE with a PB ratio of ard 1.
When entering the market, it is a plan to capture the potential rebound after severe sell down and oversold. There has been a clear rebound, then you should consider selling on strength to take profit, or sell gradually.
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