short term trading - week starting 12th august, page-15

Nice forum

2 entries for me one fundumental , one technical

STT entry DVA ( Technical Basis ) 3.2c market cap $6m

DVA is a superannuation business in the trustee, funds management and administration arena . The takeover of Trust company by EQT at 40 times earnings has highlighted the funds management sector opportunity .

On a TA basis , DVA has just broken a 200 day moving average down trend for the first time in 3 years , a trend that saw the stock fall 20c to now not only breaking the MA but holding it now on dried up volumes for the last few weeks .


STT entry MMS ( Fundumental bass )

McMillan Shakespeare is a salary packaging business and has seen a massive drop in its share price on the shock news by the Rudd governement decision to disallow the private use of vehicles under salary packaging thus impacting 1000s of workers , and the MMS business . The lib govt is $1.16 odds to win the election and scrap this decision , MMS dropped from $16 to $7 and is recovering strongly . A Lib/NP win should see MMS bounce strongly post election, but as ads on tv accelerate about the salry packaging news the MMS recovery is likely to ccur pre election and over the next 2 weeks