SLA - Solagran Limited

[pixel]

I can't really say I "follow" it, but on another site, with over 1M reads, I can't quite avoid being reminded it exists.
Every so often, I check the chart for a possible entry; but apart from a few very short-term (and small-volume) swing opportunities, there is just one direction: DOWN.

The double top last July-November, accompanied by Bearish MACD Divergence, is still being played out for total oblivion as the worst-case scenario:

The daily chart doesn't look much better. Note especially, how the promised rise (Bullish MACD Divergence) was only short-lived, snuffed out again on June the 16th right at the falling resistance line that comes down all the way from the High in January.

IMHO SLA has been bought (and talked about) based solely on hope and hype.

 

[tugga]

Finally looks like this company is going to start delivering. Well that depends if they don't run out of cash first.

A nice cash injection from SALIM would come in handy, or even better, a cash injection fromt eh Russian Govt and Ropren put on the PBS!

 

[brickwalls]

Finally looks like this company is going to start delivering. Well that depends if they don't run out of cash first.

A nice cash injection from SALIM would come in handy, or even better, a cash injection fromt eh Russian Govt and Ropren put on the PBS!

Cash could come from shelf stock, check out the Malaysian dietributor's agent and pharmacy list. If they all took 50-100 nuvapinea units each then "pushed" the sales = cashflow. Lived there and water quality was an issue. Only issue I see is 160mg caps are 4 week effacy cycle. No that note: I see they have a better deal the TGA one with regard to product "claims". I'll actually recommend folk go to that site for product info, so much clearer. 3.5 years on daily BioA 320 - no cold - no flu - no sinusitis [apart from 1st day when I flew into WA for wildflower season (new pollens).

http://nuvapinea.com/main.php