I have been looking at some stock recently to add them into the portfolio. One of them is treet corporation. last year in August it made a high of 294.87 from 69 in june but then it ended up in the range of 100-130, right now the price is ranging between 100-110. looking at the results, the march results shows that the company has been doing good business. the sales growth of the company stands at 21.39% which is good. hoping to buy it the range of 100-106. It is also a good alternative to its more expensive competitor Gillette Pakistan.
Another company that i have been looking at is berger paints. Alot of investors are showing interest in this company because during summers, the paints business kicks off to a good start and people are optimistic about its june results, expect it to be good but looking at its chart and previous eps, the company has so far failed to bring that charm. The price is currently moving between 50-56 but recently broke the support of 50 and is at 49-50 range now. i am interested in buying this script between 40-45 because then a lot of people who have bought this stock between 50-60 will sideline and it would be good to buy at bottom.
I will selling pkgs on 10% gain and buy treet corporation while will wait for berger to come down to 40-45 range and buy that.
treet 3rd quarter statement
http://www.treetonline.com/Reports/2013-2014/Final_March_2014.pdf
berger 3rd quarter statement
http://berger.com.pk/aboutcompany/annualreport/2014/Berger-3Q-Mar-14.pdf
Another company that i have been looking at is berger paints. Alot of investors are showing interest in this company because during summers, the paints business kicks off to a good start and people are optimistic about its june results, expect it to be good but looking at its chart and previous eps, the company has so far failed to bring that charm. The price is currently moving between 50-56 but recently broke the support of 50 and is at 49-50 range now. i am interested in buying this script between 40-45 because then a lot of people who have bought this stock between 50-60 will sideline and it would be good to buy at bottom.
I will selling pkgs on 10% gain and buy treet corporation while will wait for berger to come down to 40-45 range and buy that.
treet 3rd quarter statement
http://www.treetonline.com/Reports/2013-2014/Final_March_2014.pdf
berger 3rd quarter statement
http://berger.com.pk/aboutcompany/annualreport/2014/Berger-3Q-Mar-14.pdf
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