The Singapore stocks market is currently rife with penny stocks plays. Some investors view penny stocks play, especially those with no good fundamentals as risky. There is definitely truth in the above. However, there is no denying that certain penny stocks in the Singapore stocks markets have become multi-baggers quietly while the Singapore stocks markets benchmark STI respond up and down with the macro environment.
In yesterday’s post, I have mentioned a penny stock called Singapore Edevelopment stock which has to date become a five-bagger. Today, let us train the spotlight on a stock called Moya Holdings Asia Limited as the stock made one of the top volumes stocks yesterday. From a 52-weeks low of $0.031 to yesterday’s close of $0.075, this stock has become a more than two-bagger. Looking at the technical charts of Moya Holdings stock, this stock has an uptrend commencing August 2016 and since ......