Showing posts with label Food Empire. Show all posts
Showing posts with label Food Empire. Show all posts

Thursday, January 11, 2007

SELL: Food Empire

Food Empire Shares has performed extremely well over the least 1 week for me. Its formed 2 gaps over the last 4 days, and surged to a high of 40% from my purchase price.

Its a matter of time the stock will correct itself, with the previous base formed at the $0.590 level. Revert to sell over the previous review due to the large fall in price after peaking, implying a large correction soon.

"Had the stock not fall >10% from the peak, the stock would not have been sold"

"Always sell a little too soon. Otherwise the chance will be lost should the stock turn sour."

SELL Food Empire, Should fall to $0.68-0.75 level from here.
Sold at $0.79, 32.7% gain from buy price.

REVIEW: Food Empire

Food Empire has reached a high of $0.84 today. Our sell target for Food Empire has been reached within 1 week.

"If stock has surged 33% within 8 weeks, it should be held till 8 weeks is up. The idea is not to make small gains when you are right, but large profits when you are right"

REVIEW to Sell Food Empire at 5th Feb 2007, unless circumstances change.

Buy: Food Empire

http://www.foodempire.com

Have always had this counter on my watchlist since it was $0.30 cents, but never really took noticed of it until its price was $0.590. I read some report saying it won some award for its branding, so I decided to re-evaluate this stock.

Food Empire extremely popular company with the Russians

"Buy stocks with the branding advantage"

Their profit growths are growing at and increasing rate (rate of growth increasing). Stock prices been growing steadily. They have since left the years where profit growths was a struggle. Its time to expect them to put in impressive growth of >30% per quarter.

"Profit growths are important"

With the current increasing rate of growth, $.81 target by DBS will have to be upgraded soon. The Number of outstanding shares is relatively little as well.

"With small number of shares, less volume is required to cause an increase of share price.

BUY, with a sell target of $0.80
Vested at $0.595 (4th Jan 2007)