OFFLINE

Pls suggest me about Malekspin. I bought at 112. Now its price is 90. Is there any chance to get profit or at least reach the break even. How long it needs to hold to reach the break even. Pls give ur valuable suggestion, analysis. I am eagerly waiting for ur reply

Best Regards

Mahfuz

OFFLINE

Originally Posted by Mahfuz Rahman:


Pls suggest me about Malekspin. I bought at 112. Now its price is 90. Is there any chance to get profit or at least reach the break even. How long it needs to hold to reach the break even. Pls give ur valuable suggestion, analysis. I am eagerly waiting for ur reply

Best Regards

Mahfuz

I shall post it by tomorrow

OFFLINE

MALEK SPIN
=====

FUNDAMENTAL DATA:
FV: 10 ML: 500
NAV: 38.08
EPS: 2.73    EPS(2009):2.63
EPS GROWTH:3.80%
NPAT: 282.96 mn, NPAT(2009): 183.99  mn
NPAT GROWTH: 53.79%
ROE: 7.16%
LAST TRADE PRICE( 13.01.2011) : 85.2
P/E: 31.20
PRICE/NAV:2.23

Comment:
Fundamental Strength: Weak

Technical Analysis:
==============







Price and moving averages:
The relationship between price and moving averages is: bearish in short-term, and neutral in mid-long term.

Bollinger Bands:
MALEKSPIN() has closed above bottom band by 25.2%.

RSI:
The current value for the RSI15 is   43.138
The RSI is not currently in a topping (above 70) or bottoming (below 30) range.
Failure Swings (also known as support or resistance penetrations or breakouts):The RSI does not currently show any Failure Swings.
Divergence:
The RSI and price are not diverging.


MACD
MACD Value:   -3.536, Signal Line:   -1.890
Crossovers:
Currently the MACD is bearish since it is trading below its signal line.
The MACD crossed below its signal line 19 period(s) ago.
Overbought/Oversold:
The MACD is in an oversold range. Prices may continue to move lower for some time.  Wait for prices to move higher before considering any long positions.
Divergence:
There have been no divergence signals within the last 5 periods.

Caution:This commentary is not a recommendation to buy or sell. Use at your own risk.

OFFLINE

@ Mahfuz

The data above shows the price of the instrument will further fall, Good news is , it is an oversold position, price may not fall too low. The last limit is 80 and a good chance to go to up, To my opinion it will be traded in between 80-100 for several months.

OFFLINE

Thank U very very much Taj vi

OFFLINE

Originally Posted by Mahfuz Rahman:
Thank U very very much Taj vi

Thanks