Wednesday, December 2, 2009

Efficen: (Stock Code: 0064 )..Now RM0.20

Efficen share price stable at 0.195...look attractive and based on latest financial result released on 30-11-2009, I think is a good bet for this penny stock. Low risk High return.

Even though I don't like the management to park the cash with Asset Management for their idle cash, however, we need to focus on its business and cash generated.

Safe to bet on this counter. Maybe share price will come back to RM0.26 level. 30% UPSIDE.

Level 1 - 0.225
Level 2 - 0.240
Level 3 - 0.265

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