Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Wednesday, March 3, 2010

Daibochi trial run products progressing well (tp=4.4)

Trial run products progressing well. Daibochi’s trial run for the packaging of a dairy product for a major dairy producer is well on track, and accordingly, orders have started gaining pace in 1Q10. We also understand that Daibochi has since started on some samples for the group’s other product ranges. Given that the dairy industry is a niche industry, requiring some rigid technical knowledge, we understand that it is not an easily penetratable industry and thus, margins are generally on the higher-end.

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