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Our Friday Play Is…
Malaysia Pro-Guardians Security Management Corporation (symbol: MPGS)
Good EveningTraders,
On November 2, Malaysian Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, announced the start of administrative operations of the country's Border Security Agency (BSA).
Now why was this important? Well, it just so happens that our latest trade idea is a security services provider in Malaysia and the company could be next in line for huge revenue potential.
Malaysia has a huge drug and human trafficking problem and the market for border security services is bound to open up for companies like MPGS.
In recent weeks MPGS has announced plans to expand its reach into both the public and private sector, making it a huge target for investor interest.
Right now the company is trading at around .15 but it has reached a massive .36 in the last 12 months. Volatility levels are in line with warranting our urgent attention of this company so make your move on it right now.
Check Out These 5 Key Short Term Technicals
MPGS is trading at a discount to its 12-month high of .36, offering very strong upside opportunity from current levels.
MPGS has just 4.5 million shares in the public float. This number is relatively small compared to the company’s peers.
MPGS is trading with a RSI of 46, a mark that speaks to the company’s bounce potential.
MPGS has announced plans to expand into the lucrative Malaysian market for security services. Both the private and public sectors will be targeted.
MPGS looks poised to move higher after undergoing recent consolidation.
Website: http://www.proguardsecuritymanagement.com/
US Upgrades Malaysian Human Trafficking Ranking
The United States has removed Malaysia from its list of the world's worst offending nations for human trafficking.
The decision was made in the face of vocal opposition from human rights groups and 178 US lawmakers, who said the South-East Asian nation has done little to improve its dismal record.
Malaysia's upgrade removes a potential barrier to US President Barack Obama signing the Trans Pacific Partnership (TPP) — the 12 nation trade pact being finalised in Hawaii this week — but the US State Department says that had no bearing on its decision.
The Trafficking in Persons report is the US government's annual snapshot of modern day slavery.
This current scenario plays well into the growth potential of companies like MPGS.
Malaysia Pro-Guardians Security Pursues Public Sector Market
MPGS recently issued a corporate update confirming its plans to expand into the public sector market.
This expansion will allow Proguard Security to further propagate its name as well as offer its security services to public communities and more communal areas.
With the developing target market, Proguard Security Services will be able to expand its security expertise to new areas and locales. The public sectors pursued will mainly entail: schools, colleges, universities, national buildings, embassies, essential installations, public transportation, traffic control, parking, events, exhibitions, and crowd control. The public sector scene is already in need of security vendors and establishments in the locale are eager to establish long-term relationships.
Hua Fung Chin, Chief Executive Officer, commented, "As our continuously evolving business model has demonstrated, security in the public sector is of utmost importance. Schools, national buildings, and public transportation are just some of the areas where high levels of security are required. Our expertise in the private sector should translate smoothly to the public sector where our capabilities will be effectively utilized."
Big Catalysts for MPGS on Friday
MPGS is expanding its market reach into the public and private sector.
Malaysia continues to dominate the news on human trafficking.
MPGS has bounce potential from current levels with a 46 RSI.
Start your research on MPGS now.
Able Trader
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