The Penny counters are starting to have some interest once again. Those that drop hardest, usually will have a strong bounce too. (But always have a cut-loss level, and stick to it.)
Shanghai index had a nice bounce last week.
Recently been getting small contracts. There could be more to come.
This was discussed among us, before we could post it up for you to do your homework. Price has bounced up strongly. (Think due to media coverage, in The EDGE newsletter.)
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| Guocoleisure Technically bullish. 1. Vol has been starting to accumulate in the past few weeks 2. if next week opens above Friday's close, next resistance will be at 0.81. 3. This is an uptrending counter. Any pullback is a buying opportunity. Fundamentally sound 1. for value investors, this is also a counter you should consider 2. according to a recent report by CIMB, it is estimated the actual discount to book is likely to be higher than 30% 3. a company with a legacy. extracted from GL website: GuocoLeisure Limited ("GuocoLeisure" or the "Company", formerly known at various times as BIL International Limited and Brierley Investments Limited) was established in New Zealand in 1961. |
