What is the fair value of this stock ?

Ini rupanya :


http://www.theedgemalaysia.com/business-news/299721-flash-tenaga-signs-power-purchase-agreement-with-1mdb-mitsui-consortium.html

Alam is indeed a frustrating investment. It has been in the same price range of 1.40-1.60 for about a year. Can anyone tell me if they are being accumulated ? Anyway, the chart reveals a golden cross just happened. Hope good things are coming, maybe in the 4th quarter of 2014 ?

http://www.nst.com.my/business/todayspaper/direct-negotiations-for-new-power-award-1.606448

The chart shows a bit saucer like pattern. There's a possibility of hitting 1.95 maybe sooner than expected but if that happen, do expect a little consolidation.

My prediction of hitting 1.80 before November is one day off. Uptrend is still intact.

Based on its historical chart, a side trading trend which followed by a wide candle will always push the price higher, like what it is happening today. If it doesn't pullback next week, expect the counter to trade between 1.85 to 1.90 in 1 week's time. This is good news for short term trading. TP by 2014 is 2.00. I expect the final dividend is to be paid in Dec/Jan.


A few facts :

1) Spritzer has been posting increasing revenue in the past 3 years. Both FA and TA is
good.

2) One director has been disposing his shares in the close/open market from 25/10 to 31/10. Luckily, it's not a collective of directors doing that. The reason - free for you to speculate.

3) Before its first interim dividend ex-date, a few directors have been acquiring the shares in the open market and some are even exercising their ESOS from 17/10 to 18/10. Are they merely wanted to take advantage of the coming dividend or expecting a higher price on the stock, I do not know.

As I said before, this is a very 'strange' counter. Its market visibility is low and its trading volume is very little and hence, the price can be easily manipulated. Take today for example. The counter open at 1.72 and suddenly jumped to 1.80 within 1 hour with price gap in between. Supply and demand cannot be applied in this stock, but one thing is sure : Uptrend is still intact.

Hmm....do you think brahims will be benefit from the 2014 budget with the government push in tourism ?

hng33 : I am a fan !!! I am thinking of accumulating more WB. Do you think 0.63 is still consider attractive or shall I wait for little consolidation ? Looking at the chart, it seems like overbought. There's no consolidation for both the mother and son. It seems very unhealthy to me. If not because of the sbb, I already cash out all. What do ya think ? Will there be a little consolidation coming before it continue to shoot up ? Thank you

This is a very 'strange' and yet strong uptrend counter. Not much people are interested in it. Not even the Security Analysts hence its low trading volume. Since Dec 2012, it has going on the uptrend with 0.70 rise until now. Very steady.Their latest financing report is good with 4 cents dividend given, There will be another round of dividend before year end. I think it will hit 1.80 before November. If it continue its trend, it might hit 2.00 by year end.