~StraitsAsia is now known as SakariResources~
Woooo... Sakari Resources jumped today for a 5.8% gain in one day! I have bought the shares at $1.355 and are now gaining an unrealized profit of $450. Evidence as shown below with CIMB stock brokerage account:
But I am not writing this blog post to just show off my trades, I just want my readers to know that I am talking about real stuff and I do walk the talk...
Anyway, here is a Sakari Stock Analysis Chart from Chartnexus:
The breakout from Ascending Triangle + Bollinger Band coupled with High Volume = Potential Upside!
Taking into consideration the global market condition:
- Market Analysis: Euro starting to resolve their problems / People used to the negative news until there is not much impact o.O
- Fundamental Analysis (see 2 charts below): Strong Balance Sheet & Financial Position, Coal prices rising and an attractive dividend yield of 6% at current prices!
After suffering from a dip in profits in year 2010, year 2011 seems back on track. Looking back at the 5 year trend, Sakari has been generating an ROE of 20+% and Net Profit Margin of >10%!
Hope this short summary of Sakari Independent Analysis helps you! This is really a Value Stock Pick I would say!
Hope you like my post and can do me a favour by "Like"-ing my facebook page at www.facebook.com/kissinvesting. Thanks & HUAT AH!