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HLIB Retail Research on 12 October issued a bullish tracker on SKYWLD at RM0.39, with an entry price range of RM0.365 to RM0.39. Resistance levels are at RM0.41, RM0.435 and RM0.46, with a potential upside target of RM0.46. The cut-loss level is RM0.36.
volume very high,also no use.price no up, just stay at same ranges price.look like hv a big fund want going up.too many tickets hold inhand ,hard to sell all the tickets.
skywld aimed to evolve from a Malaysia-based city developer into one of Southeast Asia's top 30 property developers, while targeting cumulative profit after tax of RM1.0 billion for FY27-31
Skyworld chart look quite solid with that huge unbilled sales backlog waiting to be recognised soon, if they can convert those bookings into revenue fast enough the share price should be able to fly