Here's another good company with increasing turnover, profits and assets. With good fundamentals like this, the question of whether money is made or not depends on timing and technicals. So:
1) Price action ? check
2) Volume? check
3) Technicals? check. It just hit resistance and has begun to turn up.
I am in with stop at $6.95 or [...]
Archive for May, 2006
Tenaga is expensive and going through some major woes despite its good balance sheet and increasing turnover. You can read about them here. Now I don't dispute that there are better companies out there, but with the bad press, bleak future and stagnant price is this ripe for a contrarian play? I think so.
Take a [...]
This is really a post about trading but it also reflects my personal views on what is going on today. KLSE performance continues to be lacklustre. It can be interpreted in 2 ways: 1 toppy action preceding a correction or 2: weak correction presaging further bout of strength depending on whether you are a bull [...]
I believe that it's a stock picker's market right now as the bulls and bears tough it out. No surprise to hear brokers advising caution all round. In my opinion that goes for commodities too despite the very many positive reasons to buy it based on the report I posted below. For those who are [...]
