ShareJunction - Stock Forum Messages %%%:

Back

First < Newer 141-160 of 416 Older> Last

Latest Forum Topics / Ferrochina

Post Reply

Ferrochina

lucky168
Veteran

23-Jan-2008 19:28

lucky168 About Contact Quote this Post!

x 0
x 0

Alert Admin

Kateks, does this affect you?!

BEIJING, Jan 23 - China has signed a memorandum of understanding with Singapore allowing approved banks to invest their clients' money in the city state's equities markets, the banking regulator said on Wednesday.

The China Banking Regulatory Commission said it is negotiating similar arrangements with Japan, Germany and the United States.

To date Chinese banks are permitted to invest their customers' money only in Hong Kong and Britain.

The CBRC permitted banks last year to start investing client funds in overseas securities as part of China's Qualified Domestic Institutional Investor programme.

China's currency regulator has so far allocated 23 banks a combined quota of $16.1 billion.

Useful To Me Not Useful To Me

amateur99
Member

16-Jan-2008 10:34

amateur99 About Contact Quote this Post!

x 0
x 0

Alert Admin

from CIMB today (it seems they are very supportive of this counter, whenever it fell sharply, they will often quickly give assuring report :)
What?s on the table
FerroChina (S$1.46) - Unwarranted selldown
Our recent meeting with FRC?s management suggests that the recent selldown is
unwarranted as fundamentals remain intact. Following the Superb Team Everbright
acquisition, integration and expansion have gathered pace. Share sales by
substantial shareholder, Gold Delta Venture Ltd, should not be any concern. FRC is
expected to report FY07 results in late Feb 08. We believe EPS would come within
market consensus of Rmb0.60. We have cut our earnings forecasts for FY07-09 by
5-16% to factor in slower growth in forward ASPs. Given weak market sentiment, we

have also lowered our P/E target to 7x from 10x, while rolling forward to CY09. This

produces a new target price of S$2.62. Maintain Outperform.

Useful To Me Not Useful To Me

lucky168
Veteran

12-Jan-2008 00:16

lucky168 About Contact Quote this Post!

x 0
x 0

Alert Admin

wah solid man...

don't pray pray with this one, I tell you... Smiley

Useful To Me Not Useful To Me

Pension
Elite

27-Dec-2007 19:58

Pension About Contact Quote this Post!

x 0
x 0

Alert Admin

will dip further, juz wait.

Useful To Me Not Useful To Me

lpkoh5
Senior

27-Dec-2007 17:22

lpkoh5 About Contact Quote this Post! Style: Flexible Mood:

x 0
x 0

Alert Admin

Hi, anyone holding this stock? Any comments? Can go in at current price?

Useful To Me Not Useful To Me

lucky168
Veteran

11-Dec-2007 20:55

lucky168 About Contact Quote this Post!

x 0
x 0

Alert Admin

hope to buy below $1.90

heheeee Smiley

Useful To Me Not Useful To Me

noobie
Member

11-Dec-2007 17:30

noobie About Contact Quote this Post!

x 0
x 0

Alert Admin

any idea why this one fluctuates so much in recent times? Is it a good time to hold this now?

Useful To Me Not Useful To Me

zhuge_liang
Supreme

27-Nov-2007 23:12

zhuge_liang About Contact Quote this Post!

x 0
x 0

Alert Admin

Ferrochina fell, accompanied by a married trade of 20m shares at $1.905. Dealers said the placement was a vendor sale (compliance placement due to a recent deal to buy Superb Team) with the rumoured buyers some Middle Eastern funds.

Useful To Me Not Useful To Me

Livermore
Master

27-Nov-2007 22:43

Livermore About Contact Quote this Post!

x 0
x 0

Alert Admin

Whatever report one wish to see it is all at shareinvestor.com and sgx.com

Useful To Me Not Useful To Me

Newbie2007
Member

27-Nov-2007 22:41

Newbie2007 About Contact Quote this Post!

x 0
x 0

Alert Admin

Dear Hfchang,

What business report are you referring to? Pls share with us. Is it regarding Ferrochina?

Useful To Me Not Useful To Me

ericsim
Senior

27-Nov-2007 21:54

ericsim About Contact Quote this Post!

x 0
x 0

Alert Admin

Huge vol cause by married deals at 1.905. Idiot, could hv cause panic selling in early trading.

09:22:44	Mid	1.905	-	20,974	2,150
09:22:35	Mid	1.905	-	18,824	200
09:22:26	Mid	1.905	-	18,624	200
09:22:26	Buy Up	1.92	-	18,424	3
09:22:25	Sell Down	1.92	-	18,421	83
09:22:20	Mid	1.905	-	18,338	3,600
09:22:13	Mid	1.905	-	14,738	850
09:22:06	Mid	1.905	-	13,888	6,000
09:22:03	Buy Up	1.93	-	7,888	5
09:21:59	Mid	1.905	-	7,883	1,000
09:21:55	Mid	1.905	-	6,883	1,000
09:21:48	Mid	1.905	-	5,883	2,000
09:21:43	Mid	1.905	-	3,883	2,000
09:21:35	Mid	1.905	-	1,883	1,000
09:20:00	Sell Down	1.93	-	883	89

Useful To Me Not Useful To Me

asleep
Member

27-Nov-2007 21:06

asleep About Contact Quote this Post!

x 0
x 0

Alert Admin

The volume is huge. It just passed its 200 ema. It is down trending though. Perhaps it is will do a small rally, before dropping further.

We will have to see wed and thu's price and volume to comment on the rally.

Useful To Me Not Useful To Me

singaporegal
Supreme

27-Nov-2007 20:08

singaporegal About Contact Quote this Post! Style: Technical Mood:

Yells: "Female TA nut"

x 0
x 0

Alert Admin

Ferrochina has been downtrending for a long time. TA charts still look bearish to me.

However, today's price movement is quite interesting to me. Very large range with extremely large volumes. Some big boys are interested in this counter.

Useful To Me Not Useful To Me

knightrider
Elite

27-Nov-2007 11:25

knightrider About Contact Quote this Post! Mood:

x 0
x 0

Alert Admin

What goes up must come down !

Useful To Me Not Useful To Me

amateur99
Member

27-Nov-2007 11:07

amateur99 About Contact Quote this Post!

x 0
x 0

Alert Admin

what happened? why the price drop?

Useful To Me Not Useful To Me

ericsim
Senior

14-Nov-2007 18:19

ericsim About Contact Quote this Post!

x 0
x 0

Alert Admin

good or bad report largely depend on DOW cheong or no cheong. Now the market seow seow maybe b'cos of all the KIA ppls...hehe

Useful To Me Not Useful To Me

hfchang
Member

14-Nov-2007 17:30

hfchang About Contact Quote this Post!

x 0
x 0

Alert Admin

Yesterday, there was a good report on Business Times...

Useful To Me Not Useful To Me

Ryanwong
Member

01-Nov-2007 17:01

Ryanwong About Contact Quote this Post!

x 0
x 0

Alert Admin

Hate to say this, but today's performance is very very disappointing

Useful To Me Not Useful To Me

Ryanwong
Member

01-Nov-2007 15:01

Ryanwong About Contact Quote this Post!

x 0
x 0

Alert Admin

0330 GMT [Dow Jones] STOCK CALL: CIMB upgrades FerroChina (F33.SG) to Outperform from Neutral, raises target price to S$3.02 based on 10X 2008 P/E from previous target of S$2.24 based on 8X P/E. Says new target in line with SGX-listed peer Delong (B1N.SG). Notes 3Q07 net profit +87.7 on-year at CNY101.9 million beats CIMB estimate by 12% on higher revenue from outsourced production, rise in gross margin to 9.97% vs 2Q''s 9.3%, higher associate income; notes 9M07 net profit of CNY248.2 million marks 72% of CIMB''s FY estimate. Raises FY07-09 forecasts 10-29% on higher margin assumptions, consolidation of Superb Team acquisition. "Despite an expected rise in iron-ore prices and consequently HRC prices from FY08, FRC''s exposure to an extended value chain should support steady, if not, improving margins." Recommends investors switch out of Delong to FRC. FerroChina shares up 2.3% at S$2.63, Delong shares down 1.3% at S$3.08. (LES)

Useful To Me Not Useful To Me

Livermore
Master

01-Nov-2007 12:27

Livermore About Contact Quote this Post!

x 0
x 0

Alert Admin

FerroooooooooooCHINA!!!

Useful To Me Not Useful To Me

First < Newer 141-160 of 416 Older> Last

ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.