Will 4Q profit be even stronger? Samko could be the new turnaround story for the market. It looks to me that some big boys are already beginning to buy / add -- pushing it up ...touched 13 cents.
as long as Europe problems remain and Treasury yields remain firm, there will be demand for USD. Samko loans are in USD. it's a good hedge to produce in Rupiah and collect USD if the USD continues to strengthen against the Rupiah.
Samko Timber (SAMKO SP, $0.14) – RSI is rising gradually, which supports the positive bias.
Immediate support holds at $0.13 in case of a pullback.
- source Kim Eng, Feb 1
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[viviene 05-01-2012]:
Will 4Q profit be even stronger? Samko could be the new turnaround story for the market. It looks to me that some big boys are already beginning to buy / add -- pushing it up ...touched 13 cents.
Samko Timber has just announced a good set of 2Q profit.
Will it get to be recognised by the market? The stock is at 11 cents, down big - time from 22 cents last year.