Technically

My personal view on this stock  – potential upward reversal

  • Buy signals triggered
  • Last price > 20MA > 50MA
  • 20MA crossed above 50MA
  • MACD > Signal
  • RSI > 50
  • ADX > 20
  • Increase in volume
  • Current price : RM2.39
  • Potential target price (for illustrative) : RM2.69 (+12.5%), RM3.04 (+27.1%)
  • Potential cut loss (for illustrative): RM2.20 (-8.0%)

15092019 HAIO.png

Fundamentally 

Mid term prospects appear challenging 

15092019 Prospects HAIO.png

Simple desktop valuation analysis – HAIO is valued at an indicative equity value (lower than the current price) of RM1.56 per share (applying a 25% discounting factor).

HAIO FA.png

Some minor recent acquisitions by directors / substantial shareholders

HAIO Shareholders.png

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