30.3.08

TA

TA financial result improved. Earnings improved almost double. Asset value improved 10sen. However, its share price is not. Last week closed at 1.20. Lower than its NTA of 1.50.

We've seen some rebound in its share price. Off its low of 0.975 about 3 weeks ago.


It is still below the mid-term downtrend line. When it crosses the line at about 1.30-1.35, the beast is out!!

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