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China Minzhong Food forum
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srichipan
Master |
03-May-2013 10:22
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was looking at the trading pattern this morning. seems like someone is shorting.  anyway I'm waiting for a good price to enter 
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teobl9
Member |
03-May-2013 09:39
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I sent an email to the Investor Relation Manager of CMZ yesterday and received his reply on the same night. Here is a brief extract from the email.  Concerning about the falling price, he informed that the company is not awared of the reason but the operation is running smoothly and is not affected by the recent Sichuan earthquake nor the ongoing H7N9 bird flu. He also assured that the soon release 3rd quarter financial report  will shedding more light on their recent development. |
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teobl9
Member |
02-May-2013 16:46
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Hello123, your prediction is damn choon for the past! I think you must be the punter cum shortist right?!
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oldflyingfox
Master |
02-May-2013 16:18
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Next support lines are  $0.97 & $0.89  | ||||
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hello123
Senior |
02-May-2013 16:14
Yells: " google ' sgx swinger ' - for how stock operators work " |
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looks like CMZ   heading towards 91   ....   for more details see my cmz chart tq   
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Peter_Pan
Supreme |
02-May-2013 15:48
Yells: "did you order dunkin' donuts" |
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Support broken..
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ozone2002
Supreme |
02-May-2013 15:35
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Downtrending.. gd luck dyodd
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srichipan
Master |
02-May-2013 15:09
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13may before trading hours. Hope can drop more. I'll buy next week
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teobl9
Member |
02-May-2013 14:53
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Quarterly report out soon, good time to enter at current level! | ||||
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ozone2002
Supreme |
26-Apr-2013 11:58
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1.02 is the resistance.. | ||||
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ozone2002
Supreme |
26-Apr-2013 09:23
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based on TA it's in a clear down trend.. have to wait it out for signs of a reversal before opening long positions again.. gd luck dyodd |
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Aberdeen123
Senior |
26-Apr-2013 09:23
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70c range would be a good buy. | ||||
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GorgeousOng
Elite |
26-Apr-2013 09:20
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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I have added this in my watch list. Let's see how low it can go down. Happy waiting to all! | ||||
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oldflyingfox
Master |
26-Apr-2013 09:06
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I think what is Indofood plan on CMZ will be a big factor to consider, now just watch the correction till it ends. | ||||
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dippyboy
Member |
26-Apr-2013 00:48
Yells: "Plsdoyourownhomework.Personalopinion,Disclaimerapplies." |
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This business is so unpredictable. Vegetables only account for 10% of the selling cost in cities, the remainder of cost is due to tariffs, taxes, transport , labour, rental and markups . when the stock collapse earlier , the cashflow dried up on losses and mgmt sold some stake , now its fantastic. It could be good weather or harvest that props up the cashflow , outsiders would not know. Temasek had divested its stake i believe, so i hardly think transient PE results can be a reliable basis to determine cheapness. The longer term outlook is unpredictable but there are no doubt synergies for indofood to derive from cmz logistics.Only thing is its not worth 2x the bottom price for abit of synergy benefits. | ||||
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GorgeousOng
Elite |
25-Apr-2013 23:40
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Hahaaa! I love it "we become smarter than indo to buy at a cheaper rage...."....so we have to start to send our troop to the battlefield soon...:))))
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FearValueGreed
Master |
25-Apr-2013 23:18
Yells: "Long Term Timing X Capital = Well Deserved Payout" |
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Never expect to come so low after I switch to innopac as my vanguard
Anything below 90cents would be a catch. As we become smarter than indo to buy at a cheaper rage than them |
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rbgmauq
Member |
25-Apr-2013 20:58
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ChinaMinzhong  (K2N) has an ongling P/E of 4.74, which indicates that it is undervalued.   At present,   the price has been showing support around 0.965 and resistance in the 1.153 price range.     http://sgx.stoxline.com/quote.php?s=k2n    | ||||
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hello123
Senior |
25-Apr-2013 20:46
Yells: " google ' sgx swinger ' - for how stock operators work " |
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China Minzhong did crashed today as predicted on 22 apr   when it was 105 ( lowest point today at 96.5)..  for more details   see my china minzhong chart 
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ozone2002
Supreme |
25-Apr-2013 16:26
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for those buying based on FA, cheaper prices always will be better.. the lower it goes the more you are able to buy.. fundamentals of a company doesn't change overnight TA wise, cut loss is usually pegged at 3-5% of buy price.. this is also based on a trader's preference.. gd luck dyodd |
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