Have to agree, I'm back in here after leaving back in Jan 16
Still a young FA chart for me but one can not overlook the soaking that's been going on here for the last 12 - 18 +months....see my FA and TA charts below
New CEO now and has a lot to prove
New plant commissioned and Gov approvals in place
Sales are starting to increase... now just need to improve the EPS and this stock will move nicely
Should see the news flow step up from here as they sign more distribution deals... nice list of resellers on their books to
So if no bright future from here I'll give this game away
Gltah
The following is not a buy or sell recommendationSee below for an explanation of the Fundamental Analysis in either the grey panel on the right-hand side of my chart or running across the header if I've posted a list of stocksView attachment 1433347FA explanation Starting from the top...EY (earnings yield) and DY (dividend yield) I like to see DY at about half or even less that of EY as the higher EY tells me the company can keep paying outits dividend from its actual earnings. DS (dividend safety) needs to be 50 or higher. DG (forecasted annualised % dividend growth) I like DG at least 7 or higher, this tells me that the dividend is likely to grow. RV/ RS/ RT and CI all ideally need to be at least 1 or higher...but RSand RV being more important fundamentally...for strong fundamentals RS needs to above 1 at a minimum...RT is an entry/ exit signal, when RTabove 1 that’s good and when below 1 not so. GRT (annualised % growth forecast) I like Co's at 8 and above. GPE (growth to PE) or PEG in Aust... a number greater than 1.00generally means the company is considered undervalued. EPS (earnings per share) this is a leading 12-month earnings per share forecast... higher the better….PE (price to earnings ratio) shows the number of dollars required by the company to buy $1 of earnings, so a lower PEisbetter, certainly one the is steady/consistent in nature or trending downwards....hope this helpsTA chart below...weekly timeframe, a close today around 14.5 - 15 will see a pretty nice looking hammer candle and will pop up on a lot of traders alerts...I don't see any major selling here over the last 18 months and the Stoch's and MACD look primed down here for a move higher...just need our resellers to sell our products and re-order them and management need to hit the ground running real hard here now in 2019 that they have all the processing plants running and write a tonne of new distributions deals and the SP will look after itself
View attachment 1433349
(20min delay)
