Leader on the run...

Leader posted revenue of more than 580mil for the quarter ended on 31/3/07 and EPS rose more than 50% from the previous year quarter results. NTA currently stood at ~90 cents per share. MACD cross above the 9-day EMA look set to confirm with a MA zero crossover. Should this happen, this stock should spring above immediate resistance of 82.5 cents. and subsequently break the 85 cents 'ceiling'.
With cable and wire business contributing more than 90% of it's revenue, leader is poised to reap from the 9mp. Target price for this counter for the coming 9 months is $1.06.
Not a bad place to park extra cash...:)