AFT afg 2023-1 trust in respect of series 2023-1

Speaking for myself, at the moment it's looking good and I...

  1. 329 Posts.
    Speaking for myself, at the moment it's looking good and I believe it will continue in a uptrend. Furthermore, will the All Ords pulling back over the past several days it would suggest some bearish period might be in the making.

    Current markets are volatile because of Dow Jones falling and any stock maintaining price gains is a stock with strength and support.

    Hence, why AFT is a good stock to be in right now, their in sync with oversea's, it's the begining of a breeding ground for most virus's. Another breakout of SARS is almost certain to occur and I'm sure there will be breakout of other virus's since the conditions oversea's are ripe.

    That is just one aspect of AFT at the moment, the other of course is AFT plans to buy the remaining 50% of Microgenix.

    As stated by AFT, " AFT plans to open negotiations to purchase the 50% interest held by Techsuccess over the next few months as certain performance expectations are reached by Microgenix. "

    Currently it is " Microgenix Technologies Ltd (“Microgenix”) became the joint venture vehicle being 50% owned by AFT and 50% by Mr Hall’s company Techsuccess Ltd. "

    It also plans to establish Microgenix in China and at current this is looking very promising. There are many things in the pipline going on with AFT right now and many who are currently holding are expecting good news to be announced soon.

    On a Techincal point of veiw it also looks good. All charting indicators are showing good signs, i.e. Stochastic, RSI, CCI, Williams %R, Chaikin and Money Flow.

    A rally in the making..
 
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