All About Kwarta

After posting Resilience this past week, SCC, which I said has the most gorgeous chart, took the opposite price movement.The selldown was apparently driven by the Deutsche Bank analysis of the said issue . The analysis downgraded SCC from a BUY to a HOLD with a target price of 205. At the same time, CitisecOnline upgraded SCC's rating to a 295 fair value. With a little digging, I also found this research from another broker, DA Market Securities on SCC . In this paper, SCC is also upgraded to a 270-fair value. After a little reading from DA's and COL's research, the upgrades seem valid. Deutsche's research seems contradicting all the other sentiment. So where do we draw the line? After a few digging again, I finally found a snippet of the Deutsche report (note, however, that I could not verify if this report is valid though :P). Deutsche Bank - Equity Research - Asia Semirara Mining : Fairly valued; downgrading to Hold Semirara Mining {Ticker: SCC.PS, Closing

The market is down across the board today where the index lost 0.67%. The second down day where the index has gone down the 4200 resistance once again. The most interesting part for me perhaps is that while the market has been correcting this past few days, my portfolio have shown a bit of resilience everyday against the common sentiment. If I was a  bit more aggressive in taking positions in my issues, the gap could have been wider. Among my latest positions, SMDC was probably the most aggressive of them. Bought initially at 7.92, sold at 8.78, bought again at 8 and sold at 9.2 - in just a matter of week. It could continue its ascent but I'm not going to push my luck any further unless a very compelling correction present itself (see Fibonacci retracement ) before the 15% stock dividend ex-date which basically drove the stock higher. SMDC A few of my holdings include SCC , FPH , and FLI . SCC has, by far, the most gorgeous chart. It's one of those rare issues that