Tuesday, February 28, 2017

Technical Analysis of Jamuna Oil on 28 Feb 2017

Technical Analysis of Jamuna Oil on 28 Feb 2017

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

All the Oils seem to be on a bullish move. In 2016 market priced them below 10 PE. After bottoming in Q1 ’16, they were on the rise slowly. From the beginning of 2017, it seems all are on a bullish move.

Fundamentals: I have always been a fan of the oils mainly due to their dividends. Annual Profit is steady around Tk 2 Bn from 2012 onward. EPS > 20.
Interestingly, PE still < 9.



2015
2016
1H '17
Profit
2,253
1,959
1,375
EPS
20.48
17.74
12.46
Dividend
100%C
100%C

NOCFPS
67.0
152.0



Now to the Technicals: It is trying to break a major Resistance ~220. Next Supply zones are around 240, 260, 280 and 330. 

The way it is shaping up, a long position could be taken (if already not taken). Hope it will give another buy opportunity ~205 before going up. It is for the risk-takers with Stop Loss at 198.

Best wishes . . . Weekly chart given below:


Monday, February 27, 2017

Technical Analysis of SAPORT on 27 Feb 2017

Technical Analysis of SAPORT on 27 Feb 2017

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

Fundamentals: I do not know much about the company. Its EPS is <1. PE ~ 60+ is scary. Nothing special!

Now to the Technicals: It went on a run from around 37 to 55 and then retraced to 43 creating a “wedge”. Recently, it has broken the wedge (and it seems re-test also complete). I think it might not go below 45 in the coming days.

Pattern target is around 60. I would set Stop Loss at 42.8

It is more for the risk-taker or technically inclined . . .






Sunday, February 26, 2017

Technical Analysis of Mehgna Petroleum on 26 Feb 2017

Technical Analysis of Mehgna Petroleum on 26 Feb 2017

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

All the Oils seem to be on a bullish move. In 2016 market priced them below 10 PE. After bottoming in Q1 ’16, they were on the rise slowly. From the beginning of 2017, it seems all are on a bullish move.

Fundamentals: I have always been a fan of the oils mainly due to their dividends. Annual Profit is steady around Tk 2 Bn from 2014 onward. EPS ~ 20 & PE ~ 10.



2015
2016
1H '17
Profit
2,027
1,843
1,090
EPS
18.80
17.10
10.11
Dividend
105%C
105%C

NOCFPS
29.0
110.0



Now to the Technicals: It broke a major Resistance ~190 recently. Now if it can break 210-215, then next Supply zones are around 260, & ~315.

The way it is shaping up, a long position could be taken (if already not taken). Hope it will give another buy opportunity ~200 before going up. It is for the risk-takers with Stop Loss at 190.

Best wishes . . . Weekly chart given below:


Saturday, February 25, 2017

Technical Analysis of Regent Textiles on 25 Feb 2017

Technical Analysis of Regent Textiles on 25 Feb 2017

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

Fundamentals: I do not know much about the company (it is part of the conglomerate of Habib Group that runs Regent Airlines, etc). 

Steady profit around BDT 145 Mn in last 3 years with EPS ~1.2. I like the fact that it gave 5% Cash Dividend in last 2 years. There is an expansion story but I could not find anything definite.

In this article, I had mentioned that Regent would face supply around 18-21: http://imti77az.blogspot.com/2016/12/trying-to-predict-un-predictable-don.html

Now that it has reached 21, a new analysis needs to be done.

It has a bullish Technical formation. After retracement, it could target the next Resistances at 24.5 and then 30. Stop Loss would be 1.5 points below entry price.

Can it then fly like its "namesake" Airlines? Let us see what happens . . .




Friday, February 24, 2017

Refugee Blues

By W H Auden

Say this city has ten million souls,
Some are living in mansions, some are living in holes:
Yet there's no place for us, my dear, yet there's no place for us.

Once we had a country and we thought it fair,
Look in the atlas and you'll find it there:
We cannot go there now, my dear, we cannot go there now.

In the village churchyard there grows an old yew,
Every spring it blossoms anew:
Old passports can't do that, my dear, old passports can't do that.

The consul banged the table and said,
"If you've got no passport you're officially dead":
But we are still alive, my dear, but we are still alive.

Went to a committee; they offered me a chair;
Asked me politely to return next year:
But where shall we go to-day, my dear, but where shall we go to-day?

Came to a public meeting; the speaker got up and said;
"If we let them in, they will steal our daily bread":
He was talking of you and me, my dear, he was talking of you and me.

Thought I heard the thunder rumbling in the sky;
It was Hitler over Europe, saying, "They must die":
O we were in his mind, my dear, O we were in his mind.

Saw a poodle in a jacket fastened with a pin,
Saw a door opened and a cat let in:
But they weren't German Jews, my dear, but they weren't German Jews.

Went down the harbour and stood upon the quay,
Saw the fish swimming as if they were free:
Only ten feet away, my dear, only ten feet away.

Walked through a wood, saw the birds in the trees;
They had no politicians and sang at their ease:
They weren't the human race, my dear, they weren't the human race.

Dreamed I saw a building with a thousand floors,
A thousand windows and a thousand doors:
Not one of them was ours, my dear, not one of them was ours.

Stood on a great plain in the falling snow;
Ten thousand soldiers marched to and fro:
Looking for you and me, my dear, looking for you and me.


In Flanders Fields

By John MacRae
In Flanders fields the poppies blow
Between the crosses, row on row
That mark our place; and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below.
We are the Dead. Short days ago
We lived, felt dawn, saw sunset glow,
Loved and were loved, and now we lie
In Flanders fields.

Take up our quarrel with the foe:
To you from failing hands we throw
The torch; be yours to hold it high.
If ye break faith with us who die
We shall not sleep, though poppies grow
In Flanders fields.

The Charge of the Light Brigade


Related Poem Content Details

I 
Half a league, half a league, 
Half a league onward, 
All in the valley of Death 
   Rode the six hundred. 
“Forward, the Light Brigade! 
Charge for the guns!” he said. 
Into the valley of Death 
   Rode the six hundred. 

II 
“Forward, the Light Brigade!” 
Was there a man dismayed? 
Not though the soldier knew 
   Someone had blundered. 
   Theirs not to make reply, 
   Theirs not to reason why, 
   Theirs but to do and die. 
   Into the valley of Death 
   Rode the six hundred. 

III 
Cannon to right of them, 
Cannon to left of them, 
Cannon in front of them 
   Volleyed and thundered; 
Stormed at with shot and shell, 
Boldly they rode and well, 
Into the jaws of Death, 
Into the mouth of hell 
   Rode the six hundred. 

IV 
Flashed all their sabres bare, 
Flashed as they turned in air 
Sabring the gunners there, 
Charging an army, while 
   All the world wondered. 
Plunged in the battery-smoke 
Right through the line they broke; 
Cossack and Russian 
Reeled from the sabre stroke 
   Shattered and sundered. 
Then they rode back, but not 
   Not the six hundred. 

V 
Cannon to right of them, 
Cannon to left of them, 
Cannon behind them 
   Volleyed and thundered; 
Stormed at with shot and shell, 
While horse and hero fell. 
They that had fought so well 
Came through the jaws of Death, 
Back from the mouth of hell, 
All that was left of them, 
   Left of six hundred. 

VI 
When can their glory fade? 
O the wild charge they made! 
   All the world wondered. 
Honour the charge they made! 
Honour the Light Brigade, 
   Noble six hundred!

The Last of the Light Brigade

By Rudyard Kipling

There were thirty million English who talked of England's might,
There were twenty broken troopers who lacked a bed for the night.
They had neither food nor money, they had neither service nor trade;
They were only shiftless soldiers, the last of the Light Brigade.

They felt that life was fleeting; they knew not that art was long,
That though they were dying of famine, they lived in deathless song.
They asked for a little money to keep the wolf from the door;
And the thirty million English sent twenty pounds and four !

They laid their heads together that were scarred and lined and grey;
Keen were the Russian sabres, but want was keener than they;
And an old Troop-Sergeant muttered, "Let us go to the man who writes
The things on Balaclava the kiddies at school recites."

They went without bands or colours, a regiment ten-file strong,
To look for the Master-singer who had crowned them all in his song;
And, waiting his servant's order, by the garden gate they stayed,
A desolate little cluster, the last of the Light Brigade.

They strove to stand to attention, to straighten the toil-bowed back;
They drilled on an empty stomach, the loose-knit files fell slack;
With stooping of weary shoulders, in garments tattered and frayed,
They shambled into his presence, the last of the Light Brigade.

The old Troop-Sergeant was spokesman, and "Beggin' your pardon," he said,
"You wrote o' the Light Brigade, sir. Here's all that isn't dead.
An' it's all come true what you wrote, sir, regardin' the mouth of hell;
For we're all of us nigh to the workhouse, an' we thought we'd call an' tell.

"No, thank you, we don't want food, sir; but couldn't you take an' write
A sort of 'to be continued' and 'see next page' o' the fight?
We think that someone has blundered, an' couldn't you tell 'em how?
You wrote we were heroes once, sir. Please, write we are starving now."

The poor little army departed, limping and lean and forlorn.
And the heart of the Master-singer grew hot with "the scorn of scorn."
And he wrote for them wonderful verses that swept the land like flame,
Till the fatted souls of the English were scourged with the thing called Shame.

They sent a cheque to the felon that sprang from an Irish bog;
They healed the spavined cab-horse; they housed the homeless dog;
And they sent (you may call me a liar), when felon and beast were paid,
A cheque, for enough to live on, to the last of the Light Brigade.

O thirty million English that babble of England's might,
Behold there are twenty heroes who lack their food to-night;
Our children's children are lisping to "honour the charge they made - "
And we leave to the streets and the workhouse the charge of the Light Brigade!

Technical Analysis of Padma Oil on 24 Feb 2017

Technical Analysis of Padma Oil on 24 Feb 2017

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

All the Oils seem to be on a bullish move. In 2016 market priced them below 10 PE. After bottoming in Q1 ’16, they were on the rise slowly. From the beginning of 2017, it seems all are on a bullish move.

Fundamentals: I have always been a fan of the Oils mainly due to their dividends. Annual Profit is steady around Tk 2 Bn from 2014 onward. EPS ~ 20.



2014
2015
2016
1H '17
Profit
2,123
1,928
1,873
1,074
EPS
21.62
19.63
19.07
10.94
Dividend
100%C
100%C
100%C

NOCFPS
39.0
-88.0
82.0



Now to the Technicals: I am a bit late with the analysis. But with a Bullish market, 350, 375 even 400+ could be possible in the long run. If you have taken an early position Great. Else it is for the risk-takers (if one can get it on a down day) with Stop Loss at 240.

Best wishes . . . Weekly chart given below:




Thursday, February 23, 2017

Technical Analysis of Titas Gas: Part 2 on 23 Feb 2017

Technical Analysis of Titas Gas: Part 2 on 23 Feb 2017

This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.

The previous analysis of Titas failed as Stop Loss had to be implemented: http://imti77az.blogspot.com/2017/01/technical-analysis-of-titas-gas-on-16.html

However, the idea remains the same. Titas has broken out again and the next Supply Zones are at 60 and then sort of “empty space” till 75+

It’s for the risk taking Technicians. I would set a stop loss of 56. Previous chart still applies.

Let us see how much gas the balloon has? Where could it end up? In the sky or back to the ground AGAIN?