Presently priced somewhere S$0.22.
Resistance line: S$0.26.
Support line: S$0.205.
30% profit if you buy now at S$0.2 and sell at resistance.
The company is in starch business. Seems quite transparent in their approach. Got a good website that holds all the investor information at :
http://www.chinaessence.com/ir.html
NAV: S$0.538. EPS: RMB0.6.
TA suggests to buy now as the curve bottomed at S$0.2.
No comments:
Post a Comment