Tuesday, October 10, 2006

Latexx - Can or not?


"Here is a test to find whether your mission on earth is finished: If you're alive it isn't." ~ Richard Bach (Illusions)

As for October 10, 2006 - KLCI closed flat at 969.71, off intraday high of 971.9, on moderate volume, with Genting leading gains on Sentosa casino license optimism.

In the absence of market stimulating news locally, the KLCI was supported by the better sentiment on regional bourses. Index expected to trade within 967-973 range again Wednesday.

The Pan-Malaysian group of companies, controlled by tycoon Khoo Kay Peng, hogged volume list; PM Industries +42.9% to 5 sen with 74.2 million shares traded, after abandoning rights issue, share consolidation exercise; PM Capital up 4.4% at 12 sen and PM Holdings up 7.7% at 7 sen after exiting PM17 or financially troubled classification.

The Chap Ayam Indicator filtered Latexx for today. Dunno laah can or not.



LATEXX (7064)
Best buy at 0.42, potential target 0.51. High risk due to low volume.



For 10/10/2006 the closing price was 0.44
Overall, the bias in prices is: Upwards.
The projected upper bound is: 0.48.
The projected lower bound is: 0.41.
Cut Loss: 0.40


THE TOMYAM RAW RESEARCH FOR 10 October 2006




Yeehaaaa!

2 comments:

zentrader said...

Tauke,

Good pick. I think the distribution is over and so far has put up quite a strong base on chart.

Also thanks for your trading list. Very useful. :)

zen

Tauke Saham said...

No prob. bro

Wishing u well

TS