Company Profile:
Description: Company is one of the largest chemical companies, manufacturers of synthetic rubber and polystyrene. Its activities focus on three groups of products: rubber and latex synthetic (50% of revenues), styrene plastics and vinyl and copolymer dispersions. The company's mission is to satisfy customers' needs for raw materials, intermediates and chemical products intended for further processing into final products.
Sector: chemical industry
EKD: Manufacture of plastics
Number of shares: 1 323 250 000
Employment: 125 (2007) - the company
2 326 (2005) - A group
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Chart:
Besides the fact that the company is one of the best on the Polish market in terms of results.
In the first quarter the company reported a 88% better performance than last which is a mega achievement.
What can we say about the current technical situation of the company?
probably due to the results which have been given on the Friday before the session of the course had become a wedge which gave us a buy signal and also broke the past summits, and currently we are at the highest level since its debut. Today proceeded further information about changing the president and the acquisition of high value paper. The coming week promises
very interesting, I think that the barrier will be easily pierced 5zł on Monday or Tuesday. The Friday session ended at 4.85 as I wrote at the highest level in history, which means that all resistance had been defeated. Oscillator MACD gave a buy signal and a long, nothing is not going to be that this will change, unfortunately Rsi gave us overbought but not traktowałbym seriously because when a strong wave of growth "A" Rsi was at much higher levels. Sma15 broke several weeks ago Sma45 what we can confirm the strength and upward trend. Ah it is worth mentioning that the volume is really impressive when growth especially on Friday. A major support which would advise be taken very seriously is 4.38 while the resistance is 5.30 then 5.52. (Including barrier 5zł psychological resistance may be short-lived). Summing up the results
great profits from quarter to quarter increase, the bulls go to the shopping, technical analysis gives us another signal to buy, stock market indices c / z 11.50 is very impressive, why do we have to look like donkeys and not go to shop ? I sincerely encourage you to purchase.
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Any questions, suggestions, requests for analysis, please send an e-mail Mateusz.szczepanik1 @ vp.pl or hh: 13100924
Yours cordially
Matthew Szczepanik
Technical Analyst Financial Markets
Mateusz.szczepanik1 @ vp.pl
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