DuluxGroup (DLX) --- Wow! Taken over by Nippon Paint at $9.80!

If you have followed my three posts on DuluxGroup and acted on my advice, you would have made easily 35% within a short span of 2 months with this exciting news just released this morning, 17 April 2019:

https://superphang.blogspot.com/2019/04/duluxgroup-u-cant-miss-this-big-cup.html dated 10 April 2019

and

https://superphang.blogspot.com/2019/02/duluxgroup-dlx-gem-that-you-cannot-miss.html dated 23 Feb 2019

and

https://superphang.blogspot.com/2019/02/duluxgroup-ltd.html dated 19 Feb 2019.

Big surge of DLX on 17 Apr 19 after the announcement of Nippon Paint’s takeover bid

The takeover bid at $9.80, although it closed a tad lower at $9.75, is even better than the intrinsic value of $9.50 that I estimated. This is another BIG mission accomplished after my BIG SUCCESS with Best World! 

I somehow know that the BIG CUP & HANDLE must have been a result of a big event and thankfully it came after my due diligence and my action. So, my next year's bonus is also in my pocket. 

The BIG news has been out and I will take my time to try to sell the stock and move on to another gem that I have started my accumulation. Stay tuned!

Superphang
https://superphang.blogspot.sg

DuluxGroup --- U can’t miss this BIG Cup & Handle

Please read my two earlier posts on the fundamental analysis on DuluxGroup:

https://superphang.blogspot.com/2019/02/duluxgroup-dlx-gem-that-you-cannot-miss.html dated 23 Feb 2019

and

https://superphang.blogspot.com/2019/02/duluxgroup-ltd.html dated 19 Feb 2019.

Now, the technical analysis has given us the clear indication that it has to rocket up soon with this BIG CUP and HANDLE! The Fibonacci number of 0.618 suggests that it will surge fast and furious to hit the next resistance at $8.33!

I have been ready to reap the reward of my due diligence. What about you?

Superphang
https://superphang.blogspot.sg