Thursday, June 6, 2013

Small Cap Stock Geo Energy & UPP

As mention previously, mid and small cap stocks are on the move.

 Geo energy, indonesian coal miner cum operator, recently move higher after sideway consolidation. Currently Energy sector is on the move, can consider to look at Geo Energy if it break one bid above prior day high. For mid -Long term trade. Stoploss can place below the support 0.415

Another sector that is moving right now is the Myanmar play. UPP seems strong for the past few week. 

UPP Holdings Limited, formerly United Pulp & Paper Company Limited, is an investment holding company. The Company is engaged in providing management services and trading of paper products. It operates in two segments: The paper mill and recycled fibre division Others. The paper mill and recycled fibre divisions manufactures and sells industrial grade paper products, collect and trades in waste paper products and recycled fibre. Others, which include investment/corporate segment, focuses on identifying new investment opportunities locally and overseas. On January 3, 2011, the Company has increased its interest in its subsidiary, UPP Re-cycled Fibre (M) Sdn Bhd (UPPRF), from 51% to 86.1% after the transfer of 51% interest in UPPRF from UPP Industries Pte. Ltd (UPI) to UPP Pulp & Paper (M) Sdn Bhd (UPP Malaysia). On November 19, 2012, the Company incorporated a 50 megawatt class new gas generating power plant project in Yangon (Ywama) in the Republic of the Union of Myanmar (Myanmar).