Monday, December 10, 2007

AMI, CAR, DDE, LLL, SLM

Definitely a day for the traders with small volumes spread amongst the market causing fluctuations aplenty. The market closed down slightly at the time of reporting, but nothing to write home about with many of the final prices not sitting firm.
As mentioned, here are the days big changes: (AMI48%), (CAR-19.8%), (DDE-9.4%), (LLL-20.1%) and (SLM2.7%)

  • Action Mortgage and Investment (AMI) looks like I spoke too soon as reasonable volumes and Kalisha Action (6.08%) continuing the buy-in, closing up at $L0.37
  • MH Motors (CAR) saw some profit taking from major shareholder Rockwell Ginsberg (2.94%) today after an extended good run slipping to $L1.50
  • Delicious Demar Enterprises (DDE) still hurting from the post SPO blues and news of a (DSE) acquisition to dilute the DDE share value. There is a resolution (which looks to be passing) currently. The price closed down early at $L2.70, but the position is not solid
  • L&L Rentals and Sales (LLL) was suffering traders blight today with small trades sending the price well below the SPO at $L1.59
  • SL Marketing (SLM) with a promising announcement today sending a positive message to the market, though it didn't quite spark the momentum I would expect with a small rally up at $L0.76
Recommendations - I'm a firm believer of NOT following the news, but simple numbers dictate the news with (SLM); less shares = higher per-share value.
  • (SLM) read the announcement and join in the fun @ <$L0.70
  • (CAR) won't last long with the current falls, if you can pick up any of Rockwell's shares, go for it under $L1.50!
  • (DDE) under SPO, this is certainly a SPEC BUY for one of the only LONG stocks proven in the market @ <$L2.80
  • (HCL) still hovering below $L1 with a decent spread to attract volumes
Keep on truckin'!
Splinkrot Writer x

1 comments:

Anonymous said...

ALSO not forget place your Bid Orders at theses levels:

LEM - Strong BUY@1.2-1.3
HUI - Strong BUY@1.3-1.7
SLM - BUY@0.7
SKY - BUY@1
SNE - BUY@0.6-0.7


DDE? I would put it on SELL/HOLD since acquisition of horrible performing DSE Stock.