SPH - Anal-Lyst cover, so i also cover

Over the last week, the "buy" calls for SPH reach a feverish amount, ML $4.90 CSFB $5.10, BT calls it a laggard play (recent high of 4.96 - 11 Oct 2005 - just before FY05 results)

FA + TA = $$$

SPH now is being recognise as a laggard play in the index and "everybody" is hoping it plays catch up. So with what i call "Self-fulfilling prophecy" it will just move up.

The charts show the price sitting on the 20 and 50 MA, so that will act as a soild support for SPH and plus the indicators are screaming a cheong up! $4.40 is a key resistance, once broken, we could see the target being hit. Now no time to do detail charts, will update once at home.

Vested