Stock Overview - SMARTAG - 30 Mar 2012

Stock Name: SMARTAG
Company Name: SMARTAG SOLUTIONS BERHAD

Research House: JUPITER

Price Call: BUY

Target Price: 0.28

SMARTAG ( 0169 : 0.225 ) : Targeting 0.28

Description
Wireless technologies

Resistance : 0.28
Support : 0.20

RSI of 54
RSI is rising

STOCHASTIC
It is on an upswing

TREND INDICATOR

Comment
The current recovery, is eyeing 0.28. Stop loss should be placed at 0.21

Trading Strategy
Buy. Stop loss is at 0.20

Source:Jupiter Securities Research 30 March 2012

SMARTAG - Smarttag to make debut on Monday, FV 36c

Stock Name: SMARTAG
Company Name: SMARTAG SOLUTIONS BERHAD
Research House: ECMLIBRA

KUALA LUMPUR: Radio frequency identification (RFID) solutions provider Smartag Solutions Bhd will make its debut on Bursa Malaysia on Monday, April 18.

Its public tranche of two million shares at 31 sen each was oversubscribed by 268 times.

ECM Libra Research had recently accorded fair value of 36 sen, based on 8.0 times price-to-earnings multiple, which was a 20% discount to peer average P/E multiple of 10 times.