Tuesday, September 05, 2006

STOCK PICK – Tuesday, Sept 5, 2006

DIALOG (7277)
Trading Play – buy on pullback to 0.55 (Medium Risk)

For 5/9/2006 the closing price was 0.5800.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 0.61.
The projected lower bound is: 0.55.
Stop Loss: 0.50

Business Activity:
PROV OF SPECIALIST TECHNICAL SERVICES & PRODUCTS PROV OF ENGR CONSTRUCTION AND MAINTENANCE & PETROLEUM RETAILING BUSINESS TO THE OIL GAS AND PETROCHEMICAL INDUSTRY

Recent News:
-FORMS JV UNIT IN SAUDI ARABIA - 03 August 2006
-WILL NOT PROCEED WITH CONTRACT WITH HELIOS TERMINAL - 02 August 2006
-OPENS AUSSIE O&G UNIT - 20 July 2006
-JV TO DISTRIBUTE DIAGNOSTIC EQUIPMENT - 05 July 2006
-PLANS TO GO BIG IN OVERSEA OIL&GAS ARENA - 07 June 2006


MEMS (0052)
Trading Play – Best buy below 0.515 (Medium Risk)

For 9/5/2006 the closing price was 0.5250.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 0.55.
The projected lower bound is: 0.50.
Stop Loss: 0.48

Business Activity:
DESIGN DEVELOPMENT TESTING & MFR OF MICROELECTRO-MECHANICAL SYSTEMS BASED SENSORS PRODUCTS

Recent News:
22/8/2006 - MEMS TECH CONFIRMS NEGOTIATION FOR MNC DEALMEMS TECHNOLOGY responding Aug 22, 2006 to THE STAR of Aug 19, 2006 which reported that the Company "... may ink the deal ... valued at between USD24m (RM88m) and USD30m (RM110m) ..." confirmed that the Company is in advanced negotiations in respect of the reported deal.

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