Bright World Precision Machinery 光明沃得精密機械有限制公司

臥龍先生

這間公司有出現在我的高 ROE, 低 P/E, 高 DY 的公司的 LIST 里. 今天有關於它的分析



Trading Ideas
Spotlight on Bright World Precision Machinery
At a glance
Last Price 0.495
YTD (%) +20.7
Issued shares (m) 400.00
Market cap (S$ m) 198.00
52-wk range (S$) 0.34 - 0.535
3M avg volume (m) 1.50
2008 P/E (x)* N/A
P/BV (x) N/A
*Bloomberg Consensus

Still bright and sunny



Description: Bright World Precision Machinery (Bright) manufactures and supplies stamping machines and related metal components.
Immediate outlook: Since we issued a Technical Buy on Bright (see 11 April issue), the stock has climbed about 16% to a high of S$0.515. Profit taking took the stock back its breakout level. Yesterday, the stock rebounded strongly on decent volume. Its MACD is
about to issue a buy signal while its RSI is also on the rise. The stock is still a Technical Buy now at S$0.46-0.49 and place a stop at S$0.435. We are maintaining the stock’s short term target at S$0.53-0.54.

Medium-term outlook (2-6 months): The stock looks bullish for the medium term, after it managed to breakout of its triangle back in April. It fell back to retest the breakout level but there were buyers waiting. As both its MACD and RSI are still on the rise, we reckon that the price could continue to rise up to test the S$0.50-0.53 level soon. Only after a breakout above the S$0.53 resistance could the stock hike up again to test its year high of S$0.735.

[ 本帖最后由 臥龍先生 于 24-5-2007 01:44 PM 编辑 ]