ZGL 7.69% 7.0¢ zicom group limited

Ann: Profit Warning 2013 , page-14

  1. 7,626 Posts.
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    it is noticeable that a few construction & oil services outfits seem to have found a bottom.
    # Construction: AAX..TSE...BOL...BYL.
    # Oil services: FGE.
    # Offshore oil: MIO.
    ZGL "should" follow suit ,notwithstanding the not too bad "profit warning".....Not factoring in the future "new face" of ZGL.
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    The Shanghai Composite Index & the Singapore Straits are showing technical bottoms as well.......Some are opining that China's slowing growth is not as dire....even expecting some easing perhaps Sept/Oct.
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    The US has certainly turned the corner....Sustainable growth is expected.
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    Europe is the wild card....Some are anticipating substantial QE by Oct'2013 that will lift it out of "depression"
    We are very near the bottom of the cycle.....ZGL will be a leader at the very 1st hint of a "turn around"
 
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