Symmetrical triangle breakout. Scicom could be riding on the healthy tourist growth (11.8% in 2017) in Cambodia, following the award of contract from Ministry of Tourism of Cambodia. SCICOM has a net cash of RM45.8m (12.9 sen/share) as of end March 2018 and its dividend yield stood at 4.5%. The share price suggests that SCICOM has experienced a Symmetrical Triangle Breakout above RM2.00,
This post first appeared on Bursa Malaysia Stock Market Analysis Digest, please read the originial post: here
