ALTUM PRECISION CO LTD
146 Moo 1, Hi-Tech Industrial Estate,
Asia-Nakornsawan Road T.Banlane,
A.Bangpa-in, Ayutthaya 13160,
Thailand.
Tel : +66 35 729 100
Fax : +66 35 729108
Google Map link (here).Asia-Nakornsawan Road T.Banlane,
A.Bangpa-in, Ayutthaya 13160,
Thailand.
Tel : +66 35 729 100
Fax : +66 35 729108
ENGTEK (THAILAND) CO., LTD
2/6 Moo 5, Rojana Industrial Park,
Rojana Rd, T.Kanham, A.U-Thai,
Ayutthaya 13210, Thailand
Tel : +66 35 719 579
Fax : +66 35 719 583
Google Map link (here).Rojana Rd, T.Kanham, A.U-Thai,
Ayutthaya 13210, Thailand
Tel : +66 35 719 579
Fax : +66 35 719 583
ALTUM PRECISION CO LTD's plant is located about 1-2 kilometers from a nearby river while ENGTEK (THAILAND) CO., LTD's plant is not located near any river. Of course, it is the topography of the location rather than the proximity to the source of the flood which is important in a flood. We can't tell from the map. If we zoom into each of the two Maps, we can hardly see any evidence of the flood. We can see motor vehicles parked along the road as well as within the compound of the plant. If the satellite images are a few hours old, this means that the plants are now not inundated by flood. I will try to upload the images later for your viewing. (UPDATE: The sentences in italics are incorrect. Google Maps satellite images are not updated in real time; they are several months or years old. Sorry for error.)
As I am writing this post, we can see that ENG has just broken below the RM1.50 psychological level. It is now trading at RM1.47. This negative technical breakdown would lead to more selling in the market.
6 comments:
Alex, google map are at least 6mths to 12mths old...they're not suppose to load in latest map. So you wont be able to see the flood.
HI Digital,
Thanks for the info. Then we won't know how bad is the situation on the ground.
Digital
I agree with you, just take example of our Malaysia site, i search Google map to find my current address which i just move in 1.5yr ago, found out that the address apparently still under construction, which imply that the image from Google could be more than 2 year ago.
what the next resistance level for this counter?
hi jefflee
ENG's immediate support & resistance are at RM1.40 & RM1.50.
Hi:
What u see is not what u get. At this period of time , it is difficult to get to the botom of it.
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