Vtech(00303.HK) - 15 Aug 17

Vtech - 15 Aug 17 - Buy in

The below consideration for buy in.
Purchase done on 15 Aug 17
Based on TA
Chart
1. There is syndrome of bottom signal show as below. blue color.
2. Based on Main Chips Red have keep reducing. but good things is green did not increase.
3. The price break thru last trend line. and got Main Buyer support at 104.6 - 109.2 volume 311 hand but if compare to chart 6. major Main Buyer is around 86 - 88 range. means this is 2nd support line. first support line will be 104-109.
4. Chart 4 show some reversal on the trend line.
5. Long term MA line is supported at blue line. still yet break and consider still in bullish as long white line not broken.
6. Chart 6 show Main buyer previously traded at 86 - 88 costing. this appear to be strong support trend line.

Chart 1

Chart 2

 chart 3

 chart 4

 chart 5

chart 6

Fundamental based
Toys company Manufacture.
Top 50 world manufacture.
Stock price perform all year uptrend.
Dividend yield is good stood at approximate 5%.
payout dividend ration > 90% . consider it pay out all it earn.
1 year drop in year 2015, other than that all time payout > 90%.
more likely a stable stock.
1 year dividend 2 time.Payout Ex often on July and December.

Purchase strategy 
Buy on weakness.
have brought 100 unit on 15 Aug 17.
to be purchase again if it further down trend, to leverage.