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POS (4634):. POS Malaysia, technical business bank account Analysis POS Malaysia is another government linked company, but has the enviable position of the most low cost provider of package delivery services in Malaysia With oil touching new lows, what are we to discern about POS Malaysia ? The postal service business bank account would actually stand to benefit from low oil prices in a perfect world. business bank account But will the low oil prices carry through to profits realistically? The answer is no. This is due to subsidized prices of petrol. In fact, as petrol prices have decreased around the world, Malaysia's petrol price remains high. Unless there is a price drop, POS Malaysia seems like in no man's land. For now, the market seems to be trying for an uptrend, business bank account but it's not certain yet. The market in my opinion will likely come back. It will find it tough slogging at highs set a couple years ago, especially given the severity of resistance. But, there is a silver lining. At RM 3.30 the breakout was so good, that would be a great area to buy at. At RM 3 a share, POS Malaysia would be a great buy. For breakout traders, another 6 months of trade above the RM 3.30 mark a more confident breakout buy. At this point, it's too soon to say whether this will continue higher. http://bursamonitor.blogspot.com
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