Eita share price is cheap if compared to its PE ratio, NTA n ROE. Furthermore, its profit up for last 4 years up. Should buy now. Has t potential to shoot up in future.
The Company has recommended a first and final single tier dividend of RM0.035 per share for the financial year ended 31 December 2012. BUT share price no movement
Check the link , this news release has been issued by Ernst & Young Advisory Services Sdn. Bhd, a member of the global EY organization.
Master Entrepreneur category 2013. Dr Ngau Boon Keat (饶文杰) – Dialog Group Bhd Mr Fu Wing Hoong (胡永雄) – EITA Resources Bhd Y Bhg Dato' Nelson Kwok (拿督郭庭东, 太平局绅) – Nelson’s Franchise (M) Sdn Bhd Y Bhg Dato’ Michael Tio (趙文耀) – PKT Logistics Group Sdn Bhd En Anas Zubedy – Zubedy (M) Sdn Bhd
Eita Resources (EITA MK) Technical BUY with +16.5% potential return Last price : RM0.970 Target Price : RM1.01, RM1.13 Support : RM0.900 Stop-loss: RM0.895 BUY with a target price of RM1.13 with a stop loss placed below RM0.895. EITA’s share price has started to accelerate higher after climbing above the steeper trendline. EITA retraced from the high of RM1.01 before establishing a strong support level at RM0.900 in the last 2 motnhs. However, yesterday’s 3-sen gain on top of the higher trading volume of 0.9m shares (vs 20-day average of 0.1m) can be considered a genuine breakout which could kick-start a new up-leg. We note rising momentum and a bullish crossover in MACD should enable the share price to climb higher. We expect EITA to rest the immediate resistance of RM1.01 in the near term which, if breached, would likely project the share price at 1.38x of RM1.13 in the medium term.
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....
wilsontts90
91 posts
Posted by wilsontts90 > 2012-04-09 17:04 | Report Abuse
Will this becoming a superstar soon?