Trek is up 25% in recent days after it announced it was going to demonstrate its FluCard at Photokina.
It's early days to realising its full potential?
So far only 1 house covers Trek which is getting a higher profile from it's FluCard. Of course more houses will jump on the bandwagon as the FluCard has won the support of Toshiba which is Trek's major shareholder. So I wasn't surprised when my friend told me he understands that CIMB has met Trek & you can expect it to initiate coverage soon..... We expect the coverage will catalyze the stock price becos more investors will come to appreciate the potential of Trek. DMG's target price is 39 cents, which was set in April --- so long ago . Chances are Jonathan NG - the veteran tech analyst - will have a higher target price. Trek price now is 45 cents btw
