KYC 0.00% 57.5¢ keycorp limited

potential trade of the year!

  1. 1,290 Posts.
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    Keep an eye on KYC coming up to the end of year financials.

    Fundamentals:
    *82 million shares on issue.
    *Currently trading on a PE of 9x.
    *1st half revenue up +21%.
    *EBITDA up +29%.
    *NPAT up +13%.
    *Corporate debt down 55%.
    *MOU with Thales signed in January.
    *Westpac contract on track.
    *Potential deals with Taiwan, China's Hunan Computer Group and Indonesia recently announced.
    *Potential acquisitions (ie. Fox Technology) and capital management strategies in place.
    *Please read following for all information. http://stocknessmonster.com/news-item?S=KYC&E=ASX&N=360319

    Technicals:
    *Major basing and accumulation pattern dating back to November 2001.
    *Recent double top @~$2.00 possible continuation pattern to test major 4 year resisitance levels.
    *Major resistance dating back to 2001 coming in @~$2.12. A break of this level should see a significant break to the upside!
    *Recent pullback and consolidation held 61.8% @ $1.72.
    *Review - looking for the share price to push through double top to gain momentum to break major resistance ~$2.12. If broken, initial targets are around ~$2.65 giving a PE of only 13.5. Higher targets exceed $3+.
 
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Currently unlisted public company.

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