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20-Nov-2012 20:12

Seatrium / Sembmarine

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which yr did u bot at 45 cts?!

krisluke ( Date: 20-Nov-2012 18:25) Posted:

14 cents below the psy lv at 400 cents

I bot at 45 cents, 85 cents and 104 cents many many years ago.

Still holding it

Will add the most another 5 lots at 385/6 depending on econonmy outlook, company incomes and contract type... ...

It becomes too cosy to hold one kind of stock..

bbwolf82 ( Date: 19-Nov-2012 09:22) Posted:

Any suggestion on a good price to enter?

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31-Oct-2012 00:35

Biosensors / Is Biosensors a good buy?

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so how much is yr realized loss for yr this cut loss trade?

radiantforce ( Date: 30-Oct-2012 17:45) Posted:

gonna hope its the right call.. will be monitoring to buy-back though. let's see how the upcoming results are.

JYJY93 ( Date: 30-Oct-2012 17:20) Posted:

same... sick of holding a falling knif

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16-Oct-2012 15:50

YZJ Shipbldg SGD / Yangzijiang -Good PE .Strong Earnings.Cheap

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yr vested 50 lots are average what price in yzj?

neo8180 ( Date: 16-Oct-2012 15:16) Posted:

more loke trying to break it!

holding 50lots... and it is trying my nerve! :(

oldflyingfox ( Date: 16-Oct-2012 10:50) Posted:

Look like BB is creating double bottom @0.935 if rebound continues, this going to be a strong support base.

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16-Oct-2012 15:47

IPO / Religare health trust, can stag or not??

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This new ipo I heard from another forum which a forumner he said the final ipo price is 90 cts.

Anyone wanna share his/her views on whether this ipo got any chance/meat to STAG or not on it's 1st day??

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08-Oct-2012 13:32

IPO / India healthcare IPO Religare Health Trust

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Do you guys think is this ipo likely to open above it's ipo price on it's opening day for a STAG or not?

I'm offered placement by my broker and I must decide by tomorrow, but I'm still undecided now.

Any views from anyone?

I'm undecided becos last time my this broker he offer me sabana reit placement and it opened badly below water. The hot ipos he always don't have leh

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06-Oct-2012 00:21

Golden Agri-Res / GoldenAgr

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Hence since got report say can buy at any price below 60 cts, then I think maybe extremely high chance that Golden Agri may had bottomed at around 63 cts............(of course barring unexpected global sudden disasters)

Any way I'm not vested in this stock becos for penny stocks below $1 type I prefer other stocks

bh704428 ( Date: 06-Oct-2012 00:13) Posted:

I had observed analysts's such reports in the past 7-10 years,

I noticed whenever they say buy at a certain price for a stock, that price always will not be reached(barring unexpected global disasters such as that 911 attacks). Usually the stock will bottom at about 5% ABOVE the target buy price of the report. Many previous real examples, some are the 2009 many reports telling pple to can start buying DBS at $5, UOB at $7 and start buying when STI falls to 1300 in that same 2009 year and last year got report say can start buying yanlord at below 65 cts........But the prices bottomed at above those analysts's buy prices.

Midas also same, few months ago got report said Midas can start buying at 25 cts or below, but Midas bottomed at 27-27.5 cts

KiLrOy ( Date: 05-Oct-2012 13:09) Posted:

.60cts to .64cts is about 6% profit. If you buy @ 0.64cts and it drops to 0.60cts, your 6% will be the other way round. :)

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06-Oct-2012 00:13

Golden Agri-Res / GoldenAgr

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KiLrOy ( Date: 05-Oct-2012 13:09) Posted:

.60cts to .64cts is about 6% profit. If you buy @ 0.64cts and it drops to 0.60cts, your 6% will be the other way round. :)

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20-Sep-2012 21:08

Biosensors / Is Biosensors a good buy?

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anyone vested in this counter? if have, at what prices you bought?

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17-Sep-2012 20:49

DMX Technologies / DMX Tech

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Anyone wanna share his views on whether is DMX a good stock to buy now for mid-term investment?

I noticed DMX is still very near it's 52-week lows while most other penny stocks had already risen way way above their 52-weeks lows

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16-Aug-2012 00:40

IPO / IPO-Far East Hospitality Trust

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Anyone wanns share his views on whether this ipo can stag or not on it's 1st day?

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24-Jul-2012 18:50

Swee Hong / Swee Hong IPO

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anyone wanna share his views on this stock at current price of 27 cts?

Is it a good buy now? Is this counter a good stock for mid-term investment?

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22-Jul-2012 01:28

IPO / Ascendas Hospitality Business Trust

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u no need to hope becos u GUARANTEED will be alloted for this ipo becos of obvious reasons

tedsokny ( Date: 20-Jul-2012 08:40) Posted:

applied liao.hope to get some

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19-Jul-2012 16:33

IPO / IHH - Former Parkway - Healthcare Stock

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you guys think this IHH ipo is likely to trade at what price range intraday on it's 1st day?

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21-May-2012 20:51

China Minzhong / China Minzhong Food forum

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So if CMZ does indeed covered the 67.5 gap in the next few days, what's yr TA view on CMZ's likely next phase of price direction?

Bintang ( Date: 19-May-2012 14:04) Posted:

Before hitting the all time low at 55 cents yesterday (18/05/12) , ChinaMzhng had created a runaway gap on 16/05/12 at 67.5 cents .If this gap is not covered in the next few days , the downtrend would continue n downside target would be lower than 55 cents . Runaway gap is also called the measuring gap , therefore the downside distance could be measured .

Bintang ( Date: 18-May-2012 07:56) Posted:

Hi 3110029 ,

It may hit target soon

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21-May-2012 16:24

China Minzhong / China Minzhong

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Looks like yr broker could be right, 55 cts could indeed be the ultimate bottom for CMZ.

Only question now is how far this CMZ can rebound /rise back in the coming next few mths to 1 year??

neutral ( Date: 19-May-2012 13:15) Posted:

actually my broker yesterday told me CMZ plunge to hit 55 cts is TOTALLY NOTHING due to it's results or FA.......

He said something abt becos after it fell to hit a low of 84 cts in Oct 2011, THEN rebounded strongly to hit $1.10 a few short later BUT UNABLE to clear above $1.10 hence he said don't say what wedge simi fibonacci, wave count etc etc (anyway it is his charting/TA which he said becos of that failed $1.10 break, CMZ EXTREMELY LIKELY will fall to hit a low of 55 cts bottom within the next 1 year counting from Oct 2011. That's why I did not buy CMZ during this year JAN.

He said the shortists in CMZ are simply just using this current very bearish market sentiment as a opportunity/excuse to quickly achieve their target price of causing CMZ to hit 55 cts.

This is my broker's view, don't know he correct or not.??

He also said something similar on Yanlord last year during JAN 2011, he said becos Yanlord unable to clear a certain level in 2010.hence yanlord need to complete the final picture to fall to 66-67 cts then able to resume back uptrend, he missed his yanlord bottom target by a small 3 cts becos Yanlord hit ultimate bottom at 70 cts in 2011 sept, did not fall to 66 cts.

But he also got say if STI unexpectedly were to enter into a prolonged bear market and STI continue plunging to 2000, then of course his above views that 55 cts bottom for CMZ and 66-67 cts bottom for yanlord is totally invalidated, becos in a market prolonged crash, ALL STOCKS, including ALL blue chips and ALL GOOD FA counters will just keep plunging with no bottom

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21-May-2012 02:01

Midas / Midas

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YOU ARE CRAZY LAH!

You need to understand from 20 cts to 27.5 cts is ABOUT a WHOPPING 40% DIFFERENCE so how can u say is ABOUT the ipo price now?!

40% difference in stocks is NOT considered as negligible/or about there/around the same

u cannot only see absolute price, we nned to see % in price difference

If take SIA $10 , Then 40% DIFFERENCE is A WHOPPING $14

samsonite ( Date: 19-May-2012 02:12) Posted:

You have difficulty understanding the meaning of " about" IPO price? Okay then I will rephrase it as " close" to IPO price for your understanding. My purpose is to share that at this price those weaker holder probably have left the scene except those holding since IPO price. The shorts (who are definitely there by their 1 lot throwing action) can probably only try to shake those very long term holder off the tree which is pretty hard since their accumulated dividends over the years make it worth their wait to see Midas to better days in the future.

neutral ( Date: 19-May-2012 01:48) Posted:

you are wrong.

ipo price is 20 cts.......now 27 .5 cts .

I remembered becos I applied 100 lots of midas ipo that time, ipo was 20 ct

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21-Nov-2011 11:59

Yanlord Land / Lord of China Prop

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so how much u lost for yr this trade?

bryancbq ( Date: 21-Nov-2011 09:19) Posted:

i cut at 1.145

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18-Nov-2011 14:09

Yanlord Land / Lord of China Prop

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do u intend to cover back end of day or u use cfd to short?

Sgshares ( Date: 18-Nov-2011 09:31) Posted:

Shorted at 1.235. lol. Wish me luck

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04-Oct-2011 13:15

Yanlord Land / Lord of China Prop

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yanlord broke the support of 70.5 cts just now, so what is yr view on yanlord's likely price direction for the next few days?

i havent covered my shorts on yanlord yet

dc16888 ( Date: 29-Sep-2011 10:05) Posted:

R turned lower, immediate r=0.73, it breaks up or breaks down(0.705), let's see

http://www.tradestockdiary.blogspot.com

http://www.holistichealingnatural.blogspot.com

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27-Sep-2011 13:50

Yanlord Land / Lord of China Prop

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You are crazy!

When did I say I listen to him?!

I only ask where is he? Long-time never see him posts since 2nd QTR of 2011

Joe2020 ( Date: 27-Sep-2011 13:32) Posted:

You can find him at the corner of the OG shopping center in China town mending broken shoes.....why listen to him when he clearly tell you that he is a shoemaker not stock maker LOL by the way see China property prospect below

Analysis: Greentown woes reveal risks in China property boom

Published: Tuesday, 27 Sep 2011 | 1:01 AM ET

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HANGZHOU/HONG KONG (Reuters) - China is moving to choke off funding avenues to developers across the country, tightening or eliminating credit options in a bid to slow the rampant property market and bring down prices without sending the broader economy into a crash.

The latest salvo in Beijing's battle to rein in the sector came last week, when the banking regulator ordered trust firms to detail their exposure to debt-laden Greentown < 3900.HK> .

The company, based in the popular Chinese tourist city of Hangzhou, specializes in luxury property development around the country.

China has already imposed home-purchase restrictions on about 40 cities as part of nearly two years of efforts to cool prices that have risen far beyond the reach of ordinary Chinese.

But regulator's move last week stoked concerns of a funding squeeze for the sector and sparked a selloff in shares and bonds in many other Hong Kong-listed Chinese developers.

Many of these developers are highly geared and had relied on trust loans as a key source of financing in the absence of other channels of funding.

" The double whammy of slower sales since end-August and higher interest costs has likely sparked increasing concerns on liquidity of Chinese developers, which is likely to further deteriorate if sales slow further," Mirae Asset Research said in a report.

The average interest costs of Hong Kong-listed Chinese developers rose 64 percent year on year in the first half, Mirae said based on the companies it tracks.

TRUST FINANCING

Beijing wants to push developers to lower prices and sell down their inventories, so it is turning the screws on trust financing -- choking off what has been a lifeline for many of the country's smaller developers such as Greentown.

The form of financing, more expensive than ordinary loans, has been booming.

Chinese trusts poured over 210 billion yuan ($32 billion) into the sector in the first half. Total outstanding property trust loans exceeded 600 billion yuan.

The China Banking Regulatory Commission scrutiny of Greentown's lenders highlighted Beijing's determination to bring down housing prices that it views as a threat to social stability and economic growth.

It also raised the risks of investing in what used to be China's best growth story, analysts said.

Indeed, the market may well be at a turning point, with grave consequences for smaller developers around China.

The restrictions on homebuying and the heavy credit clampdown on buyers and developers seem to be showing some impact in major Chinese cities.

Housing inflation has shown signs of peaking, easing a touch in August, with home prices in major cities remaining flat for a second consecutive month.

" The banking regulator has been tightening real-estate trust financing. It should only get tighter," said a senior executive at a Chinese trust company. The executive declined to be identified because he is not authorized to talk to the media.

GREENTOWN WOES

Sky-high housing prices undermine Beijing's goal of making its economic growth more sustainable, making it more reliant on domestic consumption and less on exports.

A more healthy and affordable property sector would unleash real demand and so provide support to dozens of other industries from appliances to furniture.

Therefore Beijing is unwilling to see a meltdown of the sector, which would destabilize its financial system, analysts say. What it hopes to see is a soft landing of the market.

" I don't believe the state will keep adding pressure to the property sector until it collapses," Greentown CEO Shou Biannian told Reuters on Thursday.

Greentown is one of the more stark examples of the crunch.

The company had amassed total debts of 34.6 billion yuan at end-June -- almost 40 percent of it maturing in 12 months -- and 5 billion yuan of its liabilities related to trusts.

Its net gearing ratio of 163 percent, the highest among Hong Kong-listed Chinese developers, resulted from an aggressive, debt-driven expansion in the past few years' heyday of the China property market boom.

It now suffers negative cashflow, Greentown earnings figures show.

At the sales office of Sincere Garden, an upscale residential project developed by Greentown, salespeople in grey uniforms politely show a few prospective buyers a sprawling model of a compound consisting of more than a dozen high-rises.

Outside the fancily decorated sales office, a few trucks rumble in and out of a vast, dusty construction site in the outskirts of Hangzhou, nicknamed heaven on earth for its picturesque West Lake.

" How can we possibly sell a few units in a day when you have government controls and purchase restrictions?" a saleswoman complained to one viewer.

Shou said he had no plans to cut sale prices now, although the company was set to miss its 2011 sales target of 54 billion yuan as it had only completed half of that so far this year.

At Sincere Garden, there have been far fewer buyers since the purchase restrictions kicked in earlier this year, although three quarters of the development slated for completion in 2013 had already been sold, the saleswoman said.

Average selling prices had gone up to 36,000 yuan ($5,636) per square meter, up from 29,000 yuan two years ago when it was launched.

Analysts expect Greentown's woes to spread to other developers. Its shares plunged 17 percent on Thursday alone, hitting a 28 month low.

With the credit tap tightened further and funding costs soaring, Chinese developers, especially smaller, indebted ones, are expected to cut or delay project construction and lower sale prices to stay afloat, bankers and analysts say.

" The cash position of the companies should allow them to sustain for another six months. If worse comes to worse, they can cut construction and then prices," said Jacphanie Cheung, director of Asia Credit Research at Deutsche Bank.

CREDIT CRUNCH

China has banned developers from accessing the domestic stock and bond markets. Domestic banks are also increasingly cautious about lending to developers, especially small ones.

Even for big developers such as China Vanke < 000002.SZ> and China Overseas Land < 0688.HK> , lending terms are getting tougher, bankers said.

Some banks no longer extend credit unless borrowers provide sufficient collateral. And normally the loan they extend won't exceed 40 percent of the value of collateral a borrower provides.

Chinese developers are virtually shut out of the overseas loan, credit and equity markets as Beijing has banned mainland companies from acting as a debt guarantor for their overseas units, and buying interest in Chinese high-yield dollar bonds has evaporated in light of a deepening European debt crisis.

Chinese developers have raised nearly $9 billion in offshore bonds and $2.39 billion in offshore loans so far this year, nearly all in the first half.

Meanwhile, offshore funding costs have been surging. A typical three-year loan for a medium-size Chinese developer is now quoted as high as 600 basis points (bps) all-in, compared with 400 bps early this year.

The situation is similar in the bond market.

Skyfame Realty (Holdings) Ltd < 0059.HK> this month agreed to issue HK$200 million in bonds due 2013 with a 20 percent yield to fund working capital, pay up a shortfall in registered capital of one of its project companies and repay loans.

The yields are much higher compared with earlier this year.

(Additional reporting by Kane Wu and Foster Wong of Basis Point in HONG KONG, Nethelie Wong of IFR in HONG KONG, and Hongmei Zhao and Xiaoyi Shao in BEIGING Editing by Brian Rhoads and Vinu Pilakkott)

bh704428 ( Date: 27-Sep-2011 12:58) Posted:

BTW where is that forumner shoemaker? early 2011 he kept posting in yanlord thread that those buying yanlord at $1.60plus will soon be laughing alll the way to the bank becos he said yanlord at 1.60ish is sooooo cheap and some more he said oredi averaged dowm many many lots from m1.80 down to 1.60ish...........He said this type of low 1.60ish price will very difficult to see gain when yanlord surges above $2 soon.

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