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Wednesday 2 October 2013

Vard supported at $0.87?


The uptrend is broken. Currently, it is oversold at lower Bollinger band. From Reuters, this is a growth stock. It has won many contracts. Current PE is 9.5, higher than 5-year high. P/B is 1.5. Current ratio is 1.2. Profit margin is only 4.5% ROE is 15%.

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