Weekly Fundamental and Technical Analysis Prospects - Week Starting 2th Nov 2015 (No. 191)
Here’s this week’s FA and TA List. The newer items first and those carried forward from last week towards back of list (some of the items from last week have a time horizon of more that one week).
All listed market caps are undiluted (and do not include escrowed shares) (Note: Max time for any entry on list will be 4 weeks after which time it will be removed).
Important Note: Remember just because it appears on the list does not necessarily mean it will rise in price... it may actually fall or do nothing. So it is critical that you perform detailed research on each stock first and make your own mind up to whether invest or not. I suggest you run a stop-loss at all times when trading/investing. How tight your stops are depends on your threshold to risk and financial pain. Lastly I take no responsibility for the accuracy of the information provided by the Hotcopper posters that have contributed leads/tips to the Short Term Trading Competitions below as I do not have the time, nor resources to research and verify the information that has been provided by them. Best of Luck.!
Weekly Fundamental Analysis Prospects
SRT - Shell Company (Mathew Walker) [2/11/2015]
Heads: 812m Srto: 63m Srtoa: 254m MC: 19m Cash: 2.1m Matthew walker shell looking to finalise acquisition soon hopefully. Definitely trading at a premium to other shells, however if you look at the performance of zip nxr vtx then you can see why big money has been coming in lately. Acquisition can't be far off. Matthew walker owns 100m shares which is more than any previous shell so his going to be doing his best to sign up his best Acquisition yet. Ryg has proved the market is still willing to back a nice acquisition so if MW can pull it off again SRT shouldn't have any issues running hard. [?IMG] 11
Poster: Gladiator2 (STT Accuracy: 80% - Ranking No.1 ) http://hotcopper.com.au/posts/16303584/single (Mcap: $11m)
SOC - Gold explorer NSW [2/11/2015]
MC $3M Last traded price 0.003 Gold explorer NSW Waiting on drill results which will arrive in the next few weeks. The October Quarterly shows the company is debt free, has $245K cash, will receive a further $175k in the coming Q, and has a cash burn of ~$200k/Q. SOC has been tipped a few times recently. A lot of potential. Trade volumes have increased in recent months but it has been stuck in the 0.003's for ages. The catalysts for moving will start in Nov. The first catalyst will be some initial drill results from their Uralla tenement... some cores from diamond drilling have been sent for assay in the last couple of weeks. The Uralla tenements host the 'Rocky River' gold fields which were worked over 100 years ago and produced mainly alluvial gold. SOC is the first to explore the area using modern methods. Exploration is funded by a JV which has been working in the area for the last 2 years. This drilling campaign is utilizing the data collected from over 4000 soil samples ... so the drilling will be well targeted. The sentiment for SOC has been very poor for a long time. There is still a lot scepticism surrounding the stock. The drill results need to be reasonable. Nostradamus could see 100's of years into the future .... fat lot of good it did him!
Poster: Dazedandconfused (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16299788/single (Mcap: $2.9m)
MPJ - Nickel Explorer [2/11/2015]
TA attached. looks like some shifting of the centre of gravity of buyers to sellers. There is a classic "W" shape formation which looks like a double bottom. Not much resistance until .01 and then we extend for a breakout at .009. The MC is low teens and a very long way to go up if we get Kambalda style. Three projects so a few bites of the cherry. MPJO are in the money at .01 so watch these . Will be a very interesting week!
Poster: andres (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16303708/single (Mcap: $13.2m)
MPJ - Nickel Explorer [2/11/2015]
Watch MPJ carefully. Some big players behind this as well as the best Nickel GEO team around. MPJ been building their model with arguably is the best team in nickel exploration on the planet. Mr Neil Hutchison (Technical Director), Poseidon Nickel, Jubilee Mines. Mr Steve Vallance (Technical Manager) WMC, ACM, Jubilee Mines, Xstrata, LionOre, Kagar, Ms Sarah Dowling (Komatiite Specialist), CSIRO, ACM, MPI. Dr Nigel Brand (Geochemical Specialist) WMC, Anglo American, Newexco Services, (Geophysical and Geological Consultants) They have a proven up "cabbage leaf model" and going to drill the "big one" after a lot of preliminary exploration. Josh Wellisch driving an impeccable team with strong broker support. Watch this one! Low MC with three projects that are potentially Jubillee all over again.
Poster: andres (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16303708/single (Mcap: $13.2m)
KKO - Coal seam gas in S. Africa [2/11/2015]
South African CSG explorer Market Cap $10m Cash $0.5m Was recently offered development funds by state owned enterprise, sp spiked on the news, then eased back, has since been in a gentle recovery ever since. Essentually they own a gargantuan gas fieldwithin 200km of Jo-burg with a pipeline through there tenements with an offtake agreement inplace..
Poster: V8 (STT Accuracy: 47.6% - Ranking No.14 ) http://hotcopper.com.au/posts/16301813/single (Mcap: $10.1m)
GXY - Global Lithium Miner [2/11/2015]
Galaxy Resources Limited is a global lithium company listed on the Australian Securities Exchange Market Cap: 84.94M Cash: 42.92M + 526.22M/17 *3/12 (Mt Cattlin production) + 7M (GMM Payment for Mt Cattlin) Net Assets: 101.98M + 526.22M/17 *3/12 + 7M Net Expenses: 15.47M -> Strong balance sheet! Market Cap: 84.94M Cash: 57.66M Net Assets: 116.71M Net Expenses: 15.47M General Mining (GMM) has the right to acquire a 50% interest in the Project, for which it has agreed to pay a total of $25 million. $7 million of this is payable in upfront capital contributions to recommence production at Mt Cattlin by 31 March 2016, with the balance of $18 million being payable in deferred consideration over a period of three years Mitsubishi has exclusive rights to sell up to 100% of the spodumene concentrate produced from Mt Cattlin into four countries; China, South Korea, Taiwan and Vietnam. Collectively demand in these markets is significantly larger than General Mining’s anticipated annual output of concentrate. There's a little punting going on which explains why its selling cheap : GXY has net current liabilities at 30 June 2015 of $24.6 million (31 December 2014: $75.4 million) which includes interest bearing liabilities of $64.5 million made up of unsecured convertible bonds of $60.0 million and secured loans of $4.5 million. The Convertible bonds of $60 million have a maturity date of 19 November 2015 and the secured loan matures on 31 March 2016. The interest bearing liabilities of the group exceed the available cash of GXY and insufficient cash inflows from operations are likely to be generated to satisfy the shortfall prior to scheduled maturity. History: STT - Best Newcomer: 05/10/2015 STT - 4 Week Leaderboard - #1 (WKT): 12/10/2015
Poster: hibikidan333 (STT Accuracy: 47.4% - Ranking No.15 ) http://hotcopper.com.au/posts/16300722/single (Mcap: $84.9m)
CNW - Tech - Managed services [2/11/2015]
MC $6.5 mil SOI 310 mil Cash $4 mil Quarterly released today - 2.2mil in quarterly revenue (1/3 of MC) with new Managed Services division recently signed new contracts over a three year period. Massively undervalued coy in the IT Systems, cloud, IoT space. Operating costs incurred this quarter presumably from development of new division and establishing new Service Centre. $5mil raised at 3c in July. Salty. Look left, structure leaves clues.
Poster: thevagrants (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16291902/single (Mcap: $0m)
CM8 - Tech - Crowd Mobile [2/11/2015]
crowd mobile have just completed the track takeover after an extremely successful capital raising program. 30m market cap. 10m+ (very conservative)EBITDA x 10 = 100m cap. DYOR and you will not be disappointed with cm8 and Dom
Poster: belcam (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16292888/single (Mcap: $34.1m)
TMX - Gold Explorer [30/10/2015]
Gold explorer market cap 3.2m approx with cash 1m including 200k receivable in a November... Drilling started today at a very nice lease... interesting to note the lease is never been tested below 40m and even above 40m results were pretty good... Shallow targets means they might be done in days... any good hit with 3m market cap plus 1m cash and we will see it flying... also scoping study is ongoing on another project... Cheers Options for those who know them DYOR please and double check facts and figures
Poster: forrestfield (STT Accuracy: 46.8% - Ranking No.16 ) http://hotcopper.com.au/posts/16286844/single (Mcap: $3.7m)
EMG - Shell Company [30/10/2015]
market cap 4m, cash 2m, debt zero EV just 2m... with RYG making almost 4 bags in no time and a large market cap. I CONSIDER EMG as a very cheap shell which is even cheap when we compare it with shells... Cheers Options for those who know them DYOR please and double check facts and figures
Poster: forrestfield (STT Accuracy: 46.8% - Ranking No.16 ) http://hotcopper.com.au/posts/16284813/single (Mcap: $4.5m)
STX - Oil and Gas in Copper Basin Australia [29/10/2015]
Cooper Basin gas production. Management say they think Klebb 1,2,3 pilot wells are on the cusp of demonstrating commercial gas flows. Gas could be used to feed the east coast LNG plants and thus STX is likely to participate in consolidation of the sector. This reminds me of SXY churning for a few days and then popping 25% fairly quickly. Oh, if I could have stayed home.
Poster: Umizoomi (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16275706/single (Mcap: $104.2m)
GMM - Lithium Miner in Queensland [29/10/2015]
Lithium Miner in Queensland Market Cap $44m, SP 18.5c Galaxy Resources announced today that it has signed a Sales & Distribution Agreement with Mitsubishi Corporation for up to 100% of the lithium bearing spodumene concentrate produced from the Mt Cattlin Project. Mitsubishi is one of the largest traders of lithium products in the world, spanning the entire value chain. This agreement marks a major milestone being achieved in the run-up to the recommencement of production at Mt Cattlin by the end of March 2016. With Mitsubishi’s top tier status as an international trading house with specialist knowledge of the lithium supply chain, it represents an important recognition of the Mt Cattlin Project as a high quality source of near-term lithium supply to the market. Pursuant to the terms as announced on 9th June 2015, the partnership on Mt Cattlin is subject to a A$25 million earn-in by GMM for a 50% equity interest in the Project and will see Galaxy receiving no less than A$6 million per annum in the first three years after commencement of production, as well as a 50% share of the operating cash flows. Placement shares hit the market today, which has resulted in a bit of a sell-off, but it is well placed for a nice recovery based on these excellent fundamentals and how close it is to becoming a producer
Poster: srb123 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16274319/single (Mcap: $38.2m)
FIE - Tech - Video [29/10/2015]
Accquisition of LINIUS Transformative Video Tech Worlds first viedeo virtualisation engine.. transforms large inflexible vids into smaller highly flexible data structures 7 patents and 12 patent applications across 9 countries Peter Wall + Steinpreis crew + Brad Rosser (mates with Richard Brandson) Tight register. getem while you can! FIRESTRIKE SIGNS BINDING HEADS OF AGREEMENT TO ACQUIRE LINIUS, A TRANSFORMATIVE PATENTED TECHNOLOGY IN VIDEO MANAGEMENT AND BROADCASTING HIGHLIGHTS ? Linius transforms video file management and distribution by indexing and managing data within the video file itself. ? Linius has the potential to disrupt the entire video value chain. ? Potential to dramatically reduce the production and supply side costs of video management by, for example, removing the need for transcoding to the myriad of file formats required for broadcasting to different devices. ? Potential to facilitate truly personalised viewing experiences. No two streams need ever be the same again. ? In 2013, the Global Broadcasting & Cable TV Market had a Value of $435 Billion (ref: PRNewswire). ? US and International patents granted. ? Limited deployment partners identified. ? 93% of all consumer web traffic and 64% of mobile is video (ref: Cisco). ? Strong management team in place with extensive experience in the video space.
Poster: Chanzformerz (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16269933/single (Mcap: $4.2m)
BOA - Nickel in Fraser Range WA [29/10/2015]
BOA's announcement about their drilling program in the Fraser range today saw it climb on small volume briefly to 60c before closing at 36c .I think we will see the actual assay results within 4 weeks and post that announcement BOA will be back into the 20's
Poster: john435 (STT Accuracy: 52.2% - Ranking No.10 ) http://hotcopper.com.au/posts/16268024/single (Mcap: $14.7m)
AAJ - Gold and Copper Explorer [28/10/2015]
Gold and copper explorer Market cap 2.2m with 916k cash as per last quarter. 400k R&D expected soon and one drilling is partly funded by state government. A very nice minnow with drilling results pending for two projects... however, gold results can surprise the market... 9 zones hit gold while drilling a 1200m hole partly funded by state funding... over all gold zones around 240m and assays pending... plus results also pending from the project close to sand fires copper project. Cheers Options for those who know them DYOR please and double check facts and figures
Poster: forrestfield (STT Accuracy: 46.8% - Ranking No.16 ) http://hotcopper.com.au/posts/16267350/single (Mcap: $380.7m)
TSN - Electronic Payments in India [27/10/2015]
market hated their operations update the other day and now maybe realising that news is coming any second. guys & girls on the tsn thread are all over the FA so won't post too much more but head over there if you're curious so much upside still undervalued it's a shame the SP is sub-1c doesn't give much breathing room if a couple of people bail out... looks like most who didn't like the update are out, or won't sell lower than 008 i'm lucky enough to be well in the green and have averaged up so here's waiting for that news "well advanced in negotiations with companies in the e-transactions sector" realise that @hibikidan33 has an open tip on this so can I still tip it for new reasons? p.s. Dan- hibiki great drink gonna be in japan later this wk smashing all their wonderful whiskey
Poster: raskolnikov (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16254234/single (Mcap: $14.2m)
SEH - Oil and Gas in China [27/10/2015]
Shares 2b MC US$200m SP .093c Cash US$78m Sino Gas are producing gas from their 3000km^2 acerage in the Ordos basin Nth Central China. Pilot production sales and tie in to major population centers via major pipelines has already been achieved. Capacity of 25 MMscf/d available. 11 development wells completed by June 30 with 30 wells anticipated ready by end of year. Anticipated Capex + Opex of US$1.30/mcf^2. with a contracted wellhead price of US$9.5-9.60/mcf Recent raising completed on 9/june for 300m shares @.16c raised $80m which would have a few 'instutional investors' a bit miffed. Can't find the reference but recall there was a problem with getting money for the initial gas produced. Have not noticed any mention that this has been solved yet. // Check the Threads for negatives but think there will be at least a 25% improvement over the next month - note: I was wrong on the ASH bounce recently SEH2.JPG
Poster: Trial99 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16256874/single (Mcap: $180.4m)
RYG - Tech Internet of Thingsbased in Singapore [27/10/2015]
On behalf of Delta, Free, and many more besides - take a good look at Xped / RYG another IoT play - this time more consumer focussed RYG just announced the aqua today - opps are already up 100% - tomorrow should be a tad interesting Heads are currently 1.5 cents - 2 cents is a cakewalk 2 pints of lager and a packet of crisps please
Poster: Techmeister (STT Accuracy: 25% - Ranking No.33 ) http://hotcopper.com.au/posts/16257112/single (Mcap: $15.4m)
RNI - Gold Explorer in WA [27/10/2015]
Market Cap: 12.41M, Cash: 0.65M +0.3M (Acquisition of Grosvenor Gold Project) + 0.76M (Entitlements offer) + 3.67M (Entitlement Issue) + 23.41M (MLX Shares) Net Assets: 5.4M +0.3M + 0.76M + 3.67M + 23.41M, Net Expenses: 20.8M - 1.8M (reduction of CAPEX) In summary Market Cap: 12.41M, Cash: 28.79M Net Assets: 33.54M, Net Expenses: 20.8M - 1.8M (reduction of CAPEX) Initial Annual results looked disappointing - there has been an accural of 20.8M expenses for FY15. With little to no cash in hand, the company initially looked like it was heading for trouble. Since this report, RNI signed a binding Heads of Agreement (HoA) to acquire the Grosvenor Gold Project from RNI. This provided a The allotment of 18 million new fully paid ordinary shares in MLX and $300,000 interest free loan to RNI for working capital during the sales process which is convertible into shares in RNI at the price of its next capital raising. RNI sold these shares on 22nd October 2015, realising 23.41M. Management used the proceeds to repay debt to Taurus, which displays prudent decision making from Management. RNI also initiated Entitlement Offers on several occaisions - on 3st July 2015, they had recieved applications for an additional 856,310 fully-paid ordinary shares from any Shortfall (Shortfall Shares) representing total funds of $764,317, before costs. On 19th October 2015, they had received valid acceptances for 184,655,883 fully-paid ordinary shares from eligible shareholders under the Offer (Offer Shares) and applications for an additional 60,342,581 fully-paid ordinary shares from any Shortfall (Shortfall Shares) representing total funds of $3,674,977, before costs. At the time of writing, RNI's Market Capitalisation sits at 16M. This represents 47.7% of book value. In other words, RNI Market Capitalisation is at 52.3% discount of book value. With Management having a good hold on managing debt, they are set to enter the month on a strong position. History: STT - Best Newcomer: 05/10/2015 STT - 4 Week Leaderboard - #1 (WKT): 12/10/2015
RAD - Shell Company [27/10/2015]
Shell Market Cap: $6.6m Last Price: 4c have tipped this before but screwed up my entry (wasn't fully aware of the rules here) but think this time it is ready. I've been watching this one closely and even though it's a ridiculously expensive shell, everything under 4c is being inhaled. On top of that there was a placement done at 1.5c recently and there really hasn't been much selling either. Tells me we are close to a deal. Recent buying has been very aggressive too. Also, the spread is out of control, just no sellers. Keep an eye on this one. Still have a few in the kitty at 3c so hoping for a ripper deal.
Poster: NightWatchman (STT Accuracy: 54.5% - Ranking No.9 ) http://hotcopper.com.au/posts/16257168/single (Mcap: $7.4m)
GDY - Tech, clean energy and agri business [27/10/2015]
What an absolute gift Trading at a 50% discount to cash backing, no debt and involved in booming industries such as tech, clean energy and agri business 435M shares on issue - at 3c it's capped at $13M [?IMG] Chart is looking great, coming back from the lows [?IMG] Should easily head towards cash backing of 6c, and higher once they start adding projects and acquisitions to the mix Truly crazy when you see shells with $1-2M in cash trade at EV's of $10-15M, here is a tech company with no debt, $26M in a war chest and it trades with a negative EV of $13M Absolute bargain to those who have patience
Poster: vontrader (STT Accuracy: 27.8% - Ranking No.30 ) http://hotcopper.com.au/posts/16252140/single (Mcap: $18m)
Weekly Technical Analysis Prospects
TMX - Gold Explorer [2/11/2015]
Gold explorer market cap $3.6m 1m cash approx This includes 200k receivable in a November. Currently drilling shallow gold targets - Weekly chart shows attempted (failed) breakout of 0.9c long term resistance - weekly volume increased - if it breaks and holds above 0.9c there is a nice gap at 1.8c which could come into play. Screenshot_2015-10-31-16-32-16_20151031173356086.jpg More money more problems
Poster: moesoeloe (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16300764/single (Mcap: $3.7m)
SRT - Shell Company (Mathew Walker) [2/11/2015]
Heads: 812m Srto: 63m Srtoa: 254m MC: 19m fully diluted Cash: 2.1m + 2.8m if options exercised Weekly chart shows the rise to 1.7c Strong support at 1.4 Setting higher lows May be forming flag pennant or ascending triangle on weekly chart Reposted due to typos Screenshot_2015-11-01-13-17-12.jpg More money more problems
Poster: moesoeloe (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16303803/single (Mcap: $11m)
KKO - Coal seam gas in S. Africa [2/11/2015]
South African CSG explorer Market Cap $10m Cash $0.5m Just a simple uptrend on continuing good news, could go all the way, mega potential.
Poster: V8 (STT Accuracy: 47.6% - Ranking No.14 ) http://hotcopper.com.au/posts/16301785/single (Mcap: $10.1m)
GXY - Global Lithium Miner [2/11/2015]
Galaxy Resources Limited is a global lithium company listed on the Australian Securities Exchange Market Cap: 84.94M Cash: 57.66M gxy_ax28feb07_to_23jun16.png Couple of reasons why TA looks good: * This stock had been in a primary downtrend since January 2011. This trend was tested in September 2015, being the 'make-or-break' candle * September ended on a high, breaking the downtrend * October saw a continuation with an even more solid candle than September Here are the last three red and blue (green) candles performance respectively. While sellers have provided sustained selling pressure, so too has the buyers. Early indication suggests that the buyers have won and hence the end of the downtrend. History: STT - Best Newcomer: 05/10/2015 STT - 4 Week Leaderboard - #1 (WKT): 12/10/2015
Poster: hibikidan333 (STT Accuracy: 47.4% - Ranking No.15 ) http://hotcopper.com.au/posts/16300751/single (Mcap: $84.9m)
DSH - Consumer Electronics Retailer in Australia [2/11/2015]
Dick Smith Holdings Consumer Electronics Retailer SP: 0.695c MC: $164.4m Shares: $164.4m Recent profit downgrade for FY16 has seen this get smashed this week, profit down grade of approx. 14% ($5-$8mil below prior guidance of $45-$48mil), together with several senior executives quitting and major institutional investors AMP & Deutsche Bank dumping their share holdings. Brokers have recently downgraded targets from $2.30 to $1.00. The huge reaction by the market saw the shares drop from an opening price on Monday of $1.30 smashed down to a close on Friday of 0.0695c. Chart showing 3 Black Crow formation, 3 consecutive lower lows, but RSI at extremely Oversold level of 14.8, may have found a bottom at 0.665?, IMO looks like it could be a great STT once the dust settles next week, my target 0.87c! DSH.png
Poster: Zandaya (STT Accuracy: 43.5% - Ranking No.20 ) http://hotcopper.com.au/posts/16299701/single (Mcap: $164.4m)
HLX - Copper / Gold explorer [29/10/2015]
Helix Resources Ltd - Copper / Gold explorer MC - $13.42m Shares - 268m (T20 - 55% inc Mark Creasey's Yandal Inv's holding 8%) COH 30 June - $1.6m (no debt from what I can see) SP - 0.05 (closed on its high) Possible FA catalysts - couple of drill programs already underway in Aus & Chile with possible results expected shortly. The Chile drill program funded by JV partner with opt to buy in tranches up to 50.1% - HLX to hold 49.9%. I don't presume to know a hell of a lot about the mining sector (more a tech head ) so if someone wants to tell me whether the exploration FA is any good or not, go for it Noticed couple of the Dir's were buying some parcels on mkt in July / Aug for around 2m shares all up. I just liked the look of the chart atm as per below. HLX Ichi 27.10.JPG HLX Resist 27.10.JPG HLX Kaji 27.10.JPG “The four most dangerous words in investing are ‘This time it’s different.” - Sir J Templeton
Poster: FullMoonFever (STT Accuracy: 25% - Ranking No.32 ) http://hotcopper.com.au/posts/16268031/single (Mcap: $10.5m)
RYG - Tech Internet of Thingsbased in Singapore [28/10/2015]
Just acquired Xped. who are in the business of IOT technology. They have even gotten Apple and Google's attention - which makes them highly attractive indeed. SP- 0.013, MC $9.6M Copied from Xped's website: The ADRC platform enables a completely new generation of device not seen before, transforming how devices are designed, operate and communicate with people and other machines. Simply tap an NFC enabled smartphone to a device, give it a nickname and it’s ready to control. The phone automatically discovers the device, sets up a secure wireless network, gathers any resources needed and learns how to display its user interface; all from one simple tap gesture. This revolutionary technology is at the heart of the device browser.
Poster: darajman (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16262786/single (Mcap: $15.4m)
LOM - Diamonds in Angola [28/10/2015]
LOM - Lucapa Diamond Ltd Diamond mining project in Angola Market Cap: $98M Cash: $561K Share Price: 37.5c LOM chart has retraced about 50% of it's previous uptrend and the share price may start moving up from here. The chart shows a falling wedge pattern which the share price is breaking out of. Volume was also decreasing during the falling wedge pattern. Gap on chart in uptrend between 36c to 39c has been closed. 2015-10-27 LOM Daily Chart.png [?IMG]
Poster: Ibza (STT Accuracy: 36.8% - Ranking No.26 ) http://hotcopper.com.au/posts/16263706/single (Mcap: $97.8m)
SEH - Oil and Gas in China [27/10/2015]
Beginning of uptrend started over the past month. From 15/10 Ascending Triangle forming on reducing volumes. MACD positive and increasing. Weekly RSI @ 40 Reducing vol ; Asc Triangles break up 70% of the time - target 10.5 / 11c short term SEH.JPG
Poster: Trial99 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16256622/single (Mcap: $180.4m)
RNI - Gold Miner in WA [27/10/2015]
RNI is an emerging gold miner with dominant exploration holding in WA Byrah Basin Market Cap: 12.41M, Cash: 28.79M rni_ax30nov05_to_19jul16.pngrni_ax30nov05_to_19jul16.png 1) RNI has been in a downtrend since May 2011. This is likely due to the fact that their shares were traded above book value for some time. It is not until recently that Market Capitalisation was below book value. 2) While still in a downtrend, the stock has touched a support level of 0.01 that was set on November 2008. It immediately performed a dead cat bounce and has surged upwards from there. 3) This next indicator is what I'm devising - I am looking at the trend of all red candles and the trend in all blue(green) candles to see who really is in control of the market. Here are the statistics for the last 3 candles: As we can see, the red candles are in a downtrend, signifying that the sellers are losing their grip on this share, while there has been substantial increase in the interest for buyers. This could be an early indication that this stock is going to break the downtrend. History: STT - Best Newcomer: 05/10/2015 STT - 4 Week Leaderboard - #1 (WKT): 12/10/2015
Poster: hibikidan333 (STT Accuracy: 47.4% - Ranking No.15 ) http://hotcopper.com.au/posts/16252632/single (Mcap: $16.1m)
SEH2.JPG
