Probably a company which is improving might be a better description.

However, having said that.....
do remember that companies with smallish profit numbers, they tend to be unpredictable.
as you can see the unpredictability in Esceram.

Smallish profit numbers = companies with annual profits less than 10 million.

Yes, the past 3 years, have seen Esceram profits improve/grow at a good pace.
But as good as it is, the total profits is only 2.6 million.
Smallish laaaa.....

when times get bad, as in 2011 (if you compare 2010 with 2011), we see profits swing from 1.9 million to a loss of 5  million....

.... and valuations certainly not cheap....
for a company earning profits of around 2.6 million, should the company be worth (ie market cap) 48+ million?

But then it's an ACE stock.
LOL!
They say aces go places.... 

and with the company trading around 26 sen....
many other people will just whack and hantam the stock only..................

Most important is that you understand the risks involved.

Current movement?
Wait and see T+ for clues direction....
Stock had a nice pump up the other day...
See how the stock digest that movement................

For this example, we saw the stock jumped up on good volume.
Stock now consolidating at around 0.26.
If this holds, one of the suggestion/implications is that those buyers who purchased the stock recently, believes in the stock enough that they are willing to hold on to those positions despite them sitting on handsome gains.

ps: this is not 100% fool proof. Nothing is.

Next thing?

I dunno maybe just wait and observe....

As it is, the lack of follow thru buying isn't there......... yet.

Consider the options.....

1. Do you want to wait for the follow thru buying before you jump in?
2. Do you want to be smart and jump the gun by jumping into the stock?

Consider both options and the risks involved....
Well what if that big push was done mainly by daytraders who go in and out the very same day?

Guys, have a question. Found this statement

"If a stock earn $1 per share and you bought the share at $100, the return is only $1. But if the share is at $10, your return is $10."

Can i know what ratio is this? In other words is EPS/Share price?