Latest Forum Topics / China Sports | Post Reply |
China Sport
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richtan
Supreme |
02-Jul-2009 02:06
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From Lim n Tan Securities: China Sports non-underwritten rights issue of up to 168.425mln new shares on the basis of one rights for every 4 existing shares held at an issue price of 10 each, a 50% discount to its last traded price of 15 cents. (Based on its last closing price, the theoretical ex rights price is 14 cents) Mr Lin Shaoxiong, the founder and CEO of the company who owns 33.55% of the company has undertaken to subscribe to his undertaking of 56.5mln right shares but will not be
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richtan
Supreme |
02-Jul-2009 01:33
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did it toch 0.16?? Tomoro maybe or maybe not.
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richtan
Supreme |
02-Jul-2009 01:05
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Dyodd
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richtan
Supreme |
02-Jul-2009 01:02
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Dyodd
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richtan
Supreme |
02-Jul-2009 00:53
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Dyodd
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newtothis
Veteran |
02-Jul-2009 00:02
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oh ty. Just my quick comparasion of the 2 stocks. Because I think a lot of people have no idea whos the better sports company. Its true China Hongx is huge and more popular now, but look at the way it run its business. how many times bigger than Sports and yet make so little money ? I dont want to tell you where the money goes. But I am telling you they have some serious internal problems. I am a very busy man therefore i always just say simple line "up or down". But every call I made, definitely been carefully analysed. We only buy in the good counters and Short on the bad counters. 1) With right tools and information on hands smart trader can achieved 80% right calls. (Nothing is 100%, eg. because u never know when an earthquake gonna strike) 2) With right tools and information on hands average trader can only achieved 50% right calls. As he is cant link up the information on hands, and interpreted wrongly half of the time. 3) Market Followers, listen to speculations and ended up caughting into a trap by BB. As you enter they leave the market. Sometime you win but in fact you will lose most of the time. Its better to do your own homework rather than listen to speculations. Only follow those that have potentials. 4) This is the worst, People tell you dont buy and you still buy "even with information given" . That is one stubborn "idiot" trader. Ahh have to go. Have to end here ciao.
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pilotfish
Senior |
01-Jul-2009 22:59
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Hi Newtothis, Appreciated u give the fact and figure comparing 2 securities of the same sector. This was what I have mentioned before but not in that detail. Hi Bintang I don’t agree . I recalled that candle stick was developed by the Japanese during early trade. It was mainly used for day to day trade. Though, useful to analyse the market sentiment but to certain extend. It doesn’t take care of the contra players. Today, Sport ended with a hammer, a sign of a bullish reversal. Look at the sign of 23rd of June. How much it is going to hammer out the price when depend on market sentiment.
Not an inducement to trade... |
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dealer0168
Elite |
01-Jul-2009 21:48
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Ooo newtothis, yr information looks interesting & positive to us investor for this counter.
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dealer0168
Elite |
01-Jul-2009 21:44
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Bintang...ok noted n thanks. Anyway i had vested in this one. Put it long if required. Looking at the prospect of the company & finanical stability of this company, will not be a problem to see it goes up again...... (the higher the better)
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newtothis
Veteran |
01-Jul-2009 21:29
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Why China Sport is way better than Hongx. Total Shares for China Sport: 673,700,000 Current Price: $0.150 profit for Q1: RMB $49,644,000 Dividend = Yes Ads Campaign = 飛輪海 - so bloody popular. ------------------------------------------------------------------------------------ Total Shares for China Hongx: 2,751,960,000 profit for Q1: RMB $56,036,000 Current Price:0.170 Dividend = No Ads Campaign = North Korea Team - condemn by international. ------------------------------------------------------------------------------------ China Sports fair value should be $0.22 and if its quarter 2 releases it should rack up to $0.30. Results hint - Sales & revenue increases over XX%. China Hongx is still fine for now. But in long term unless its director gonna wake up its stupid idea. = DEAD HONGX There are alot of reasons you cant explain from TA, thats why i say TA is a guide. You will see the trend building up because we are racking it up. Why we want to rack China Sport up, and there are more reason to it than the above which is "secret". This is maybe your final ang bao from me. I will not give out free tips anymore. Bye |
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Bintang
Elite |
01-Jul-2009 21:10
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Yesterday 's candle stick had already shown the bearish engulfing pattern n sure the price today will never cross yesterday 's candle stick definitely . But need not to be worried , this is just a pull back in the continuation H&S pattern , if the correction completed , the trend will resume upward again . Chances to cross 17 cents is very slim due to the low volume .
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dealer0168
Elite |
01-Jul-2009 20:27
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Other external supporting factor that favour this baby is China Sport is financially sound in actual. And the Rights are meant fr expansion. (My opinion) |
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dealer0168
Elite |
01-Jul-2009 20:24
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But Bintang, i recall u mentioned that the case will be different if this baby cross the 0.17 mark. So that means if manage to push it through this mark, this baby in term of TA projection may also progress smoothly up. Am i right to put in this way?
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Bintang
Elite |
01-Jul-2009 20:13
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Although China Sports struggled to close unchanged at 15 cents , unfortunately it goes below the 55 day MA , this is not too good in the near term . | ||||
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newtothis
Veteran |
01-Jul-2009 17:14
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Watch closely the real action is about to start :)
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dealer0168
Elite |
01-Jul-2009 17:13
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YES.
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newtothis
Veteran |
01-Jul-2009 17:04
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Wow that shorter is getting desperate :) lol. No Matter .... We will win :) Up up up 0.19 ! | ||||
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newtothis
Veteran |
01-Jul-2009 16:39
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I grab your balls and gonna squeeze it hard :) "Die Shorters" | ||||
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newtothis
Veteran |
01-Jul-2009 16:32
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You think so ? LOL - dont think u have any idea who you are dealing with :)
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ycgoh06
Member |
01-Jul-2009 16:14
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Hopes these BEGGAR will fly.
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