I was about to blog on ValueMax, a Singapore company engaged in pawnbroking and secured moneylending services. The stock has a nice breakout...

Weekly Superstock Scan 11 Sep 2017 - 15 Sep 2017: Nil

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I was about to blog on ValueMax, a Singapore company engaged in pawnbroking and secured moneylending services. The stock has a nice breakout and many consecutive quarters of year-on-year EPS growth. It was only when I look at the daily chart that I found that there are many days with no or minimal volume of stocks traded. It will be very difficult to enter or exit the stock without much slippage.


On the US front, AVH, JASO and PGTI did make the cut for the technical scan, with only AVH having consecutive quarters of EPS growth. However, the catalyst for the price breakout was a potential buyout, which is speculative in nature and not to my liking. In addition, the airline industry is hardly an industry that can produce superstocks.


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