TeleChoice Intl    Last:0.09   -

Weak Q3

range play 0.25 - 0.28/5 for telechoice.  Low daily volume, shielded from volatility, 10% dividend yield and most of all, YOU MUST BE PATIENCE with her.

 

Dear ...

I have checked with TeleChoice's CFO on the dividend announcement and regret
that at this point in time, we do not have the information.
We will keep you posted once we have the information.

If we can be of further assistance, please do not hesitate to contact us.

Best regards
Lim Siew Yin
29 Communications
+65 9858 4673 mobile
+65 6728 6029 fax
<siewyin@29communications.com.sg>

 

Wanna sell at 0.27 today for a small profit but realized that I have a 6% safety net (dividend) coming my way. Will glady fall for the safety net. :p

 

I dunno about the result but the market may have factored the price into 0.27 today and further days leading to 28 Feb.  Price pass 0.27 is definately a welcome lift to the ADX signal other then that, the CCI is in a high overbought indication.  Will sell on a failure at 0.27 again else hold break 0.275 for a chance at 0.30.

 

Any news if it is positive?

TeleChoice International Limited wishes to announce that it plans to release its 4Q06 & FY06 results (for the period ended 31 December 2006), after close of trading on Wednesday 28 February 2007.

 

No chance to unload the other half @ 0.27 even though 0.27 stayed for three days.  Today's ended unchange with lesser volume on selling down. Daily still bearish, physiological support @ 0.245. Looking to buy @ oversold condition again if it doesnt break below 0.245 for momentum play.

 

CCI in overbought condition. Running out of steam after hitting a high of 0.27 last few days.

 

Unloaded half in the PM in view of overbought CCI. Today seems to have stong at 0.265, lets hope the other half can be unloaded in the 0.275 up region. Today's Tonbo (Dragonfly) candle is a wait and see pattern.

 

Closed higher then yesterday's high however today's morning star on the daily chart worries me a little. CCI touches overbought condition. May sell 1/2 of my position tomorrow.

 

Out of consolidation

 

Good buying volume today and last friday and price holding (0.24 - 0.25).  Fingers crossed. :)  CCI reversed a little. Need a 0.26 to cfm start of trend reversal out of consolidation AND subsequent two period of white candles.

 

Bought 24 lots today @ 0.25.  See how it goes...

 

Inconsistent and low volumes... TA people should avoid!

 

DBSV has lowered its rating to "hold" from a "buy" and decreased its price target to $0.33 from $0.45, after the company posted weaker-than-expected results for the third quarter.



"We understand the company is facing difficulty in maintaining and growing its revenue profitably, as it has not been able to grow its business much outside Singapore," DBSV said in a note to clients.



"We have revised our earning forecast downwards by 15% for 2006 and expect Telechoice to close the year with [the] same earnings as last year," it said.