Banyan Tree    Last:0.335    -0.01

Banyan tree

My answer is that you should not be playing shares at all... 

 

is this good to vest now?

 

There shd be strong support at 0.785/0.79 ... Dow is up by abt 72 pts now.  Tmr will definitely go up.

 

Banyan down another 4 cents today to $0.795. If fell almost 15 cents since 2 weeks ago high $0.94.

Badly hit this round.

 

Thanks guys for your 2 cent worth of advice... hopefully it still will goes up.. :)

 

Banyan Tree is a holiday resort related company.  Recently, there have been too many natural disasters such as typhoons and earthquakes in the South East Asian region.  Thailand's political situation is also quite unstable with possible brewing of clashes between the red shirts and the yellow shirts.  The King of Thailand is the only person who could bring security to the country, but unfortunately, has been in poor health recently.  If one could still remember, the Thai demonstration could come to a point where the rioters would hold up the airport, bringing adverse effect to the tourism industry. 

Banyan Tree has many stakes in the South East Asian region, but there are too many disasters around in this region which could directly affect investors' confidence.

My 2 cents' worth.

 

It has good support around $0.85 till this morning.

I think mainly it is pulled down by overnight US market.

 

Any comments for this counter?

Seems like going at a free fall rate this few days....