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You maybe probably right also - in the medium to long term!
As you can see, my trading horizon is only 2-4 weeks. So I'm very short term. :)
Good prospect! Medium term investment should do well once the mid east issue dies off.
From a TA perspective and short term trading point of view, I believe this stock is on a slight downtrend.
Listed on 08/05/06 at $0.30 per share. Co is an integrated mfg svcs provider for the consumer electronics. Office automation eqmt, telecom and automotive industries. Over the yrs, Co has build competencies in providing precision engrg processes such as metal stamping, plastic injection moulding, die-casting and mould design and fabrication, as well as other value added ops for metal and plastic parts. Co has a strong customer base comprising of Sharp, LG, Panasonic and Thomson. Co is in process of setting up an office in Japan for the purposes of participating in its customers R&D of new consumer electronic pdts as well as to svc its customers in Japan. JTIC own 20% stake in Co.
1Q06 profit inched up to 28.5% on a 73.1% surge in revenue. Co plans to disribute at least 20% of net profits as dividends in FY06.