If you are an investor that can take calculated risk in your investment portfolio, this could be the right time that you can start to look into Arank.
I will show you here why Arank will be a good choice amidst all the
volatility in the market from a technical point of view, backed with
fundamental of growth in the company.
As you can see, Arank is trading within an up trend band that is
outlined in the shown chart above. However, as of lately, Arank gained
movement and volume, and had been seen trying out at the resistant line
for 2 occasion.
I viewed this as a technical bullish with growing volume, and share
price consolidating nearer at the upper trend line (resistant line).
Putting a pattern analysis, you will easily see a cup and handle
formation on Arank as well.
While technical looks great, the fundamental is a great support for the
company to be liked by both technical and fundamental traders and
investor.
Needless to say, 2 quarter cumulative EPS at 6 cents. A full financial
year will probably see 12 cents to 15 cents because of increase demand
in aluminum for industrial and automotive application.
Most market research had been bullish in aluminum outlook for the next
10 years due to light weighting exercise, seeing aluminum replacing the
olden days practice of using ferrous metal, best example is automobile.
If you foresee the application of aluminum to increase, then you will
foresee more aluminum billet is needed. Arank being the manufacturer for
aluminum billet, then will definitely see growth in this 10 years.
Full year EPS 12 cents, that will value Arank RM 1.44 based on PER x12.
PER x12 is used because to factor in the growth prospect in Arank.
These 2 outlook is a simply way to justify on Arank being a good share
to be invested. Investing is made simpler with simple and direct
analysis with facts. But it is made possible when you invest when it is
low, unleash when it become a dragon.
Remember, Invest in Arank when it is sleeping, unleash when it become a dragon.
See you at RM 1.44\
ARANK (7214) - Arank having Technical and Fundamental Bullish
http://klsetechwiz.blogspot.my/2016/05/arank-having-technical-and-fundamental.html
