Tend to agree with nugget. Market seems to be suffering from a bit of attention deficit disorder with HOIL - if there isn't a constant flow of good news the price drifts down. The price SP really went up a few days before the interim results, but have drifted back over past couple of weeks. Final results not until April, do we have in forward guidance as to what management is expecting in H2 ?? Are we expecting any increases in production or is it steady as she goes ? IMO if she does go under 1.60 it's time to top up. A decent set of finals in the spring and sp must go over £2, surely ?
Well this is another week with failure to close above 180p, unfortunately with no impending news I believe this share will trade on technicals, and it’s hanging on by the skin of its teeth a close below, 170p could see this head south a little further.
Some may find the Article they wrote in the August edition over on http://www.spreadbetmagazine.com/ a magazine with input from the likes of Robbie and Zak, interesting in the light of the RNS out today,
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