One more to add into watch-list (2010-10-28 Alltronics Holdings Ltd analysis)

Well there is another stock which worths putting under your watch-list: Alltronics Holdings Ltd. (0833.HK). The principal activities of the Group are the manufacturing and trading of electronic products, plastic moulds, plastic and other components for electronic products and the manufacturing and trading of biodiesel products.

Net income in the first half of 2010 increased by 58.4% to HK$6.58million, with dividend of $0.015 per share. The turnover of the Group for the year ended 31 December 2009 had decreased by 9.6% to HK$449 million, as compared to HK$497 million for the year 2008.

I would expect a more increased revenue in the second half of 2010 as there were more demands on electronic products for like expansions of companies and factories, international events and so on.

Technically...



It just broke the previous high 2 days ago, but unfortunately fell back underneath yesterday. However, we should still keep an eye on it, and if there is any breakout, the potential profits would be huge. As we can see, there is no any technical resistant until 2.45. So it could surge from 1.14 to 2.45 which is more than a double! If there is really breakout, the rise would not take long too. So let's wait for any signal.