In May 2024, AME Elite Consortium Berhad, through its subsidiaries Pentagon Land Sdn Bhd and Greenhill SILC Sdn Bhd, agreed to sell 11 plots of freehold industrial land totaling approximately 34.91 acres in i-TechValley, Johor Bahru, to Digital Hyperspace Malaysia Sdn Bhd (DHM) for RM209.84 million.
DHM, a wholly-owned subsidiary of Quantum DC (HK) Ltd, specializes in providing infrastructure for hosting and data processing services.
This transaction mark...

As of January 4, 2025, AME Elite Consortium Berhad's (KLSE: AME) share price is approximately RM1.65.
Analyst consensus indicates a 12-month target price ranging from RM1.85 to RM2.37, with an average of RM2.19, suggesting a potential upside of about 30% from the current price.
While some analyses have previously estimated the company's intrinsic value at RM3.40,  current market forecasts do not anticipate the share price reaching RM3.00 within 2025.
It's importan...

Break out MA200days ...gd setup for higher

Good morning mooers! Here are things you need to know about today's market:
●Nasdaq, S&P 500 soared in final minutes despite selloff in tech megacaps last Friday
●Malaysia's official reserve assets at US$112.79bil as of end-April
●DOSM: Median monthly wages for formal sector up 4.9% y-o-y to RM2,900 in December 2023
●Stocks to watch: CIMB, TNB and Petronas
-moomoo News MY
Wall Street...