Short Term Trading Week Starting: 18 Mar, page-65

KTD got its organic export license today and its expansion facilities are planned to be finished in this half.

This will increase their production capabilities from 1500 tons of milk powder products a year to 5000 tons a year.

Or more then triple.

The organic export licence also means their margins will improve by making niche and specialist organic products.

The chart looks to me like the stocks being accumulated and a break and close above 40 should

set a short term target of 57 cents. The milk sector has been quite strong of late so KTD might start to move up soon.