Technically the stock price consolidated for few days.The price should then go up again. Fundamentally it is still a very good and sound dividend play consumer stock. I wonder why so few research house cover this stock. In terms of dividend and value, it should be better and safer to invest than counters like padini and old town (wherein so many research house are covering.
don't quite believe on consolidate for few days ... sometimes still can go down 1 ... haha ... although not for power root this time ... research house normally cover those famous trading stock especially index stocks
stock is consolidating well at current level of 98 to 1.00. I think the second quarter result to be announced in october month should be a good booster. Possible declaring of interim dividend should be expected.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kenlee
2,808 posts
Posted by kenlee > 2012-08-28 16:11 | Report Abuse
1.9k lots done at 1.07 ... you say ?