Wednesday, April 19, 2006

 

Bull Charging! Oil Price Cheonging!

My exams are round the corner, just had my first paper today.

As you all should have known by all, the price of oil broke its historical high and stands at a whopping $73++ It will race towards $80 and pull the entire stock market with it.

PCB or printed circuit board stocks are back in the limelight. Eucon hogged the media limelight with stirling performance. More upside sighted. Many broking houses have placed a high TP. Nonetheless, I take these with a pinch of salt. Nonetheless, with the increasing demand for PCB where demand has outstriped supply, this can only spell more business for Eucon. According to the BT report, Eucon would be increasing its production capacity for PCB and Laser Drilling. This will mean good news for the rest the year. The laser drilling would be an important revenue with production capacity increasing much faster than its PCB peer. All the best to those vested.

I have just applied for the Deutsche Bank summer analyst postition, hope i hear some good news soon:)


Credits to SMT for the tip!

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