Dairy Farm

[winston]

Not vested

Dairy Farm Intl ST: the RSI is overbought <DAIR.SI>

Click here to see our chart:
http://www.tradingcentral.com/chart/DFI ... 043835.gif

Our pivot point is at 7.57.

Our preference: the upside prevails as long as 7.57 is support.

Alternative scenario: the downside breakout of 7.57 would call for 7.26 and 7.08.

Comment: the RSI is trading above 70. This could mean that either the stock is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case).

The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (standing respectively at 7.42 and 7.42).

Finally, Dairy Farm Intl is trading above its upper Bollinger band(standing at 7.92).

Dairy Farm Intl is currently trading near its 52 week highreached at 8 on 22/09/10.

Supports and resistances: 8.74 *8.55 **8.37 7.97 last 7.68 7.57 **7.26 *


Source: Reuters

[winston]

Not vested

Dairy Farm Intl ST: look for a drop towards 7.2 before a bounce <DAIR.SI>


Click here to see our chart:
http://www.tradingcentral.com/chart/DFI ... 032207.gif

Our pivot point is at 7.2.

Our preference: look for a drop towards 7.2 before a bounce.

Alternative scenario: the downside breakout of 7.2 would call for 6.89 and 6.71.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover,the stock is trading under both its 20 and 50 day MA (standing respectively at 7.56 and 7.49).

Supports and resistances: 8.56 *8.36 **8.17 7.45 last 7.32 7.2 **6.89 *

Source: Reuters

[BlackCat]

Dairy Farm dropped from Carrefour sale

http://www.sharesinv.com/articles/2010/ ... ia-assets/

Points:
- Carrefour's SEA stores (incl. M'sia/Thailand/S'pore) up for sale.
- Tesco, Aeon, Dairy Farm cut from after round of bids due to 'lowball offers'.
- Second-round bids due in November.

Stock on my watchlist, but far too expensive for now. Still can't find any analyst coverage.

[LenaHuat]

Hi Blackcat
Try googling "dairy farm hk target price" or use the ticker number to search Chinese HK sites like easternmoney.

[BlackCat]

Hi L, thanks for the tip. I never thought to use the words 'target price' when googling, and kept getting reports on cow farms...

[winston]

Not vested

Up 47% today to US$12.20, on no news.

Somebody put in a wrong order ?

[winston]

Not vested.

Ok, no longer up 47% but it's still up 7% on no news.

Is somebody manipulating the STI through this counter ?

[Aspellian]

wow - 47%???? WalMart targeting a takeover of Giant stores like that of South African retailer??

[cif5000]

Is somebody manipulating the STI through this counter ?

You mean indirectly by trying to move the Jardine stocks and then STI?

[LenaHuat]

Not vested

Up 47% today to US$12.20, on no news.

Somebody put in a wrong order ?

Fat thumb.