Sunday, 11 March 2012
Posted on 3 March 2012
Stock Name : AnnJoo (6556)
Group : Industrial Steel Related
GrandPine : Mentioned At the newsletter
Price (2 March 2012) : RM 2.06
EPS (31 Dec 2012) : RM 0.1763 (0.1763/2.06 = 8.56% Growth)
DPS (31 Dec 2012) : RM 0.0925 (0.0925/2.06 = 4.49%)
Fundamentally: This stock is making money with consistent dividend pay out. Since GrandPine Capital Research thinks that steel related counters could have some 'activities'. I would look into this stock.
Technically: I will buy this counter now since it is in Section 'C' area with Bollinger Band 10 days shrinks. For some, they could buy during 'Classical Buy Signal' appears.
It closed at RM2.06 on Friday 2 Feb 2012.
Cup With Handle: Section C
1. 10 Days Bollinger Band is narrowing (0.880% as at 2 March 2012 - Friday)
2. Volume is now below Volume Moving Average (VMA 40) of 498,300 as at 2 March 2012
GPMMA : Closed Above = Bullish