Faber

Current Price : 1.45 

Buy in = 1.32 (29-11-12 )

First Cut Lost = 1.26

Reasons of Acquire:

              1.Good fundamental result, 

              2.20 DPS given

              3. Price =1.32 less than NTA=1.44 after special dividend

              4. Price gap up with volume on 20/11/12 ( Bullish )

              5. Price breakthrough neckline  on 22/11/12 ( Bullish )

              6. Higher height and higher low formed

              7. Price above 10 & 20 SMA

           

Fundamental Analysis: ( 2012-09-30)

PE=4.73

ROE=21.278

DY=19.32

NTA=1.44

Technical Analysis:

GMMA = Above Bullish

10 SMA = Above Bullish

20 SMA = Above Bullish

Resistance = 1.46,1.52

Support = 1.38,1.28

Conditions of Disposal:

         1. Share price drops below bottom of trend line.

         2. Price below 10 & 20 SMA

         3. Bad financial results and bad news.