Tuesday, January 16, 2007


Onastel convincingly broke out of its trading range with high volume of 33,119 lots.

It open at 1.12 and went up to a high of 1.23 before it closing at 1.22. The range of the candle signifies more upside. It is shouting “I am going higher.”

Value-wise, Its NTA is 1.64 and the earnings per share for the 3rd Q are 8.43c. It has the advantage of having China Steel of Taiwan as the controlling interest.

Don’t miss the boat!

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