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Helios & matheson

Discussion in 'Technical Analysis' started by csnatu, Jun 21, 2014.

  1. csnatu

    csnatu New Member

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    Hi

    How is this company.it has consistant dividend record and profit record.

    Up to Feb it has formed higher top higher bottem.

    freinds your views.
     
    csnatu, Jun 21, 2014
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  2. manjeetsingh250187

    manjeetsingh250187 New Member

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    Seems to have support around 79-80. if that break will go down only
     
    manjeetsingh250187, Jun 21, 2014
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  3. shabbir

    shabbir Administrator Staff Member

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    I would wait for the stock to consolidate for next couple of weeks before looking into it further.
     
    shabbir, Jun 21, 2014
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  4. csnatu

    csnatu New Member

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    how are the fundamentals
     
    csnatu, Jun 21, 2014
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  5. shabbir

    shabbir Administrator Staff Member

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    No I don't think very good because I prefer looking at sales turn over that should double (or at least close to double) in 5 years always but for this stock I don't see anything like that happening.

    http://www.moneycontrol.com/financials/heliosmathesoninformationtechnology/profit-loss/HMI#HMI

    So it could be that company is not able to expand to the levels it should be. Other fundamental parameters can always be worked on as company expands its business.
     
    shabbir, Jun 21, 2014
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