I believe it will hit 0.90 after the financial results comes out, probably this evening. I will start selling when the price crosses 0.95. Sell all when it reaches 1.00.
Results q4 out and EPS for the full 2013 year is 11 sen = per of just 8. I have to agree with rosetan that its a sell between 0.95 to 1.00 and take your profits. HOWEVER, SINCE IT IS STILL A BULLISH STOCK, THE FUNDAMENTALS ARE SOLID AND THE TECHNICALS STRONG, i will continue to collect it again when its about 10% down from its top (say 1.00) so at abt 0.90. Wishing the bulls exercising patience on this counter, all the best.
Sold 10% of my holdings today at aver.price of 0.88. Already queued sell for tmrrow from 0.89 to 0.95 for another 50%.. So if u see large volume on the Sell, u can assume a big % of it is mine. The sell is my trading position. However, i m looking to ACCUMULATE again if it falls to 0.82 n lower. A great stock to be in. BULLISH> Solid fundamentals, technically readable n strong.
Aiyoyo..yoyo! Ufis created roadblock. Now I knw y resistance at 0.90c. Afternoon session will have a comeback. Punters off-loading now so dun wait for T3, T4 low event.
The founder is a very experience MD with professional background hold almost 50% of the stake in the company with the son as GM should drive the company to soar .
I don't think it will ever drop to 80 sen. It is now all time high, in uncharted territory. The company is making so much money and giving good dividends. It is not surprising that the share price goes up and up. I will keep this counter at least until I get the dividend.
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ray81
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Posted by ray81 > 2014-05-28 23:18 | Report Abuse
CAN.....