Friday, April 25, 2008

Leader set to rise again...


Leader has been lagging since the down trend a few months ago... will the business be affected in anyway?, personally I don't think so...business is set to get better in the 2nd half even though many projects appears to be vulnerable to the high costs and are likely shelved by the current gov.... cable business is expected to rise at least 15% Q-to-Q... and anything less than that is a sign of a slow down... revenue from power segment is expected to rise slightly even though high cost will offset a big chunk of the profit...

The company's interim dividend payout of 1.5% is timely....psychological impact from this is far more significant than the amount involved....
Not a bad price to accumulate for immediate term... chart wise, the stock price is well supported at current level... 0.965 is a resistant level running out of time... Wimax is another factor not to be forgotten...

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