Latest Forum Topics / Fibrechem Tech | Post Reply |
TA ppl: How to interpret TA after 1 for 1 bonus?
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joanne34
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15-Jun-2007 22:51
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Fibrechem is fundamental strong with 60.9% on year rise in 1Q07 net profit to HK$106.2 million arising from higher sales & improved profit margins. Its revenue rose 54.6% on year to HK$378.32 million.
If the company is fundamentally strong, it would go back to its price before ex-bonus.
Fibre chem is going up after XD : Closing Price
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tempestblue
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13-Jun-2007 12:38
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A question for more experienced gurus: price for fibrechem dropped from 3.59 to 1.3 after XD date, resulting in a skewed and wildly bullish looking chart. Just wondering how you guys would intepret and handle such readings? Thanks from a TA newbie! :-D |
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