Fuyu- Stock had corrected from a high of $0.945 in November last Fuyu Stock -UOB Kay Hian

Fuyu- Stock had corrected from a high of $0.945 in November last
year to
a recent low of $0.425 following poor 3Q05 results. Even so, the
stock
has gradually rebounded and closed at day's high of $0.48 yesterday.
There
is a clear sign of accumulation on the stock. Immediate resistance
however
appears to be the long term trendline resistance at $0.51. We think the
stock could consolidate between $0.46-0.51 for about a week or so
before
breaking to the upside potentially towards gap at $0.59. The stock is
currently trading below it's NTA of $0.535. Recommend accumulating on
weakness at $0.46-0.49.