Sino Grandness (technical)

Sino Grandness: Makes a new all-time high at $0.71. Recall that some market watchers have been tipping 2013 to be the year where grp could spin off its juice business to the HKEX, where valuation multiples are more attractive. Other catalysts includes 1) Stronger orders for its export canned foods from Europe, 2) Raised ASP and gross margin assumptions for its asparagus and mushroom canned foods to be in line with 2Q results.