Sunday, October 27, 2013

Yoma Poised To Soar In Q4?

 25 OCTOBER 2013
Yoma Poised To Soar In Q4?
By Andy Yew

Shares of Yoma Strategic Holdings (Yoma) closed $0.78 on Thursday (24 October 2013) after a sideway narrow range consolidation for almost 2 weeks. This triggered my curiosity to check out this stock as it seems to have a double bottom setup.

For short-term and mid-term, my chart is bullish bias as its price is above the 10 simple moving average (SMA) and 50 SMA. The price coincide with the RSI (relative strength index) showing a higher low formation. This indicates that there is a possibility of a big price movement if its price starts to breakout above the resistance of $0.84. Short-term support can be seen at $0.705 where the recent low formed in early October. Traders have to watch out for the downside risk if its price breaks below this level.


Chart On Yoma Strategic Holdings



Recent News On Yoma

To run Volkswagen’s first service centre in Myanmar. Yoma’s 70 percent-owned German Car Industries Company (GCI) has entered into a service partner agreement with Volkswagen Aktiengesellschaft to operate Volkswagen’s first service centre in Myanmar, which is scheduled to start operations in October this year. The service centre, currently operated by GCI, will provide maintenance and repair services for Volkswagen vehicles, including the sale of genuine vehicle parts to existing vehicle owners. (Source: The Business Times)
Aberdeen Asset Management (Asia), one of the largest institutional shareholder of Yoma was reported that they increased their shareholdings in Yoma on 22 October. As the prestigious fund house with consistent investment performance, I believe that Aberdeen has done good study on Yoma’s business fundamental.
Combining these with my technical chart bullish sighting on Yoma, I see that Yoma has a chance to bounce up from the current price.



Source/Extract/Excerpts/来源/转贴/摘录: http://www.sharesinv.com/
Publish date: 25/10/13

No comments:

Post a Comment

Warren E. Buffett(沃伦•巴菲特)
Be fearful when others are greedy, and be greedy when others are fearful
别人贪婪时我恐惧, 别人恐惧时我贪婪
投资只需学好两门课: 一,是如何给企业估值,二,是如何看待股市波动
吉姆·罗杰斯(Jim Rogers)
“错过时机”胜于“搞错对象”:不会全军覆没!”
做自己熟悉的事,等到发现大好机会才投钱下去

乔治·索罗斯(George Soros)

“犯错误并没有什么好羞耻的,只有知错不改才是耻辱。”

如果操作过量,即使对市场判断正确,仍会一败涂地。

李驰(中国巴菲特)
高估期间, 卖对, 不卖也对, 买是错的。
低估期间, 买对, 不买也是对, 卖是错的。

Tan Teng Boo


There’s no such thing as defensive stocks.Every stock can be defensive depending on what price you pay for it and what value you get,
冷眼(冯时能)投资概念
“买股票就是买公司的股份,买股份就是与陌生人合股做生意”。
合股做生意,则公司股份的业绩高于一切,而股票的价值决定于盈利。
价值是本,价格是末,故公司比股市重要百倍。
曹仁超-香港股神/港股明灯
1.有智慧,不如趁势
2.止损不止盈
成功者所以成功,是因为不怕失败!失败者所以失败,是失败后不再尝试!
曾淵滄-散户明灯
每逢灾难就是机会,而是在灾难发生时贱价买股票,然后放在一边,耐性地等灾难结束
  • Selected Indexes 52 week range

  • Margin of Safety

    Investment Clock

    World's First Interactive Investment Clock