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good results posted...
wow.. cheap sales compared to $0.11
More upside since now is the time for penny stocks!!!
xiaofang_ ( Date: 06-Jan-2010 13:40) Posted:
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Any comments?
silent day....
go to
http://qianfeng.listedcompany.com/misc/ar2008/11shareholdings.pdf
and you will realise that top 20 shareholders own
97.38% of the Qian Feng as of 2009 MARCH!
Stocks are like natural stones in a way.. sometimes they turn out to be GEMS.
This one behaves like a rock to begin to, only value investors know that it there is hidden gem within the rock...
The unnoticed gem of IPO.. getting back in the game..
IPO Information |
Listing Date |
27/08/2008 |
Subscription Rate |
3.90 |
IPO Price |
$0.200 |
Current vs IPO Price (%) |
-45.00 |
No of Shares Public Tranche (M) |
1.00 |
No of Shares Placement (M) |
122.00 |
First Day Close |
$0.145 |
First Day Gain (%) |
-27.5 |
First Week Close |
$0.125 |
First Week Gain (%) |
-37.5 |
currently at $0.11, still so much cheaper than those who got it at IPO. Mainly placement shares! low volume means there's not much sellers.. if you think it is a gem, buy it before it hits volume stock.
Fundamentals |
EPS ($) a 0.04547 |
Rolling EPS ($) e 0.03050 |
NAV ($) b 0.1790 |
PE 2.419 |
Rolling PE f 3.607 |
Price / NAV b 0.615 |
Dividend ($) d - |
52 Weeks High 0.135 |
Cash Value ($) g 0.1296 |
Dividend Yield (%) d - |
52 Weeks Low 0.035 |
Price / Cash Value g 0.849 |
Issued & Paid-up Shares c 490,002,000 |
Par Value ($) USD 0.050 |
Market Cap (M) 53.900 |
Stock Categories China |
SGX Sector Classification Manufacturing |
Index Components FTSE ST Fledgling |
a: Based on latest Full Year results announcement, adjusted for the current number of shares. b: Based on latest results announcement (Full Year, Half Year or Interim), adjusted for the current number of shares. c: Rounded to the nearest thousand. Updated on 15/11/2009. Please click here for more information. d: Dividend is based on latest Full Year results announcement, adjusted for current number of shares and excludes special dividend. e: Summation of the earnings from the latest 4 Quarter (or 2 Half Year) results announcement, adjusted for the current number of shares. f: Based on rolling EPS g: Based on latest results announcement (Full Year, Half Year or Interim), adjusted for the current number of shares. Cash value does not include bank loans or other borrowings.
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Kindly do your due research before making any investments. Good luck!
more signs of collections:
Historical Price Data |
Date |
Open |
High |
Low |
Close |
Volume |
05 Jan 2010 |
0.100 |
0.110 |
0.100 |
0.110 |
1,199,000 |
04 Jan 2010 |
0.100 |
0.100 |
0.100 |
0.100 |
100,000 |
31 Dec 2009 |
0.100 |
0.100 |
0.100 |
0.100 |
50,000 |
30 Dec 2009 |
0.095 |
0.100 |
0.095 |
0.100 |
855,000 |
29 Dec 2009 |
0.090 |
0.090 |
0.090 |
0.090 |
250,000 |
28 Dec 2009 |
0.090 |
0.090 |
0.090 |
0.090 |
90,000 |
24 Dec 2009 |
- |
- |
- |
- |
0 |
23 Dec 2009 |
0.095 |
0.095 |
0.095 |
0.095 |
10,000 |
22 Dec 2009 |
- |
- |
- |
- |
0 |
21 Dec 2009 |
- |
- |
- |
- |
0 |
Previous 2 weeks (07 Dec 2009 to 18 Dec 2009) |
0.090 |
0.100 |
0.090 |
0.095 |
1,662,000 |
Previous 4 weeks (06 Nov 2009 to 04 Dec 2009) |
0.105 |
0.105 |
0.085 |
0.090 |
4,995,000 |
signs of buyers...
Qian Feng QIAN FENG FABRIC TECH LIMITED
|
Last 0.110 |
Change +0.010 |
High 0.110 |
Open 0.100 |
Cumulative Volume 1,199,000 |
Percent Change +10.0% |
Low 0.100 |
Yesterday's Close 0.100 |
Cumulative Value 125,545 |
Remarks
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Buy Volume 921,000 |
Buy Price 0.105 |
Sell Price 0.110 |
Sell Volume 505,000 |
slight movement
Sure! We can share information as we learn.. :)
lsj840428 ( Date: 04-Jan-2010 21:45) Posted:
Hi unique6, i am here to learn as well......investing is a life-long subject....should u hv anything to post or comment, just go ahead....as we r here to share n learn......
unique6 ( Date: 04-Jan-2010 00:31) Posted:
Hi lsj840428,
YES, Cacola is a interesting penny stock indeed. So is Changtian.. Nice research..
Stocks are like this, as you think the prices may further corrects itself, It goes up, up ,up.. The reverse is also true. When you think it will go up, up, up, it goes down... Investing is stressful sometimes.. Sometimes, it takes more than judgement and patience. Timing plays a huge part too. Many a times, not which stock is good, more likely is what is your entry price!
I'm still not that good with stocks, still learning each day..
Thanks for sharing... |
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Hi unique6,
i am here to learn as well......investing is a life-long subject....should u hv anything to post or comment, just go ahead....as we r here to share n learn......
unique6 ( Date: 04-Jan-2010 00:31) Posted:
Hi lsj840428,
YES, Cacola is a interesting penny stock indeed. So is Changtian.. Nice research..
Stocks are like this, as you think the prices may further corrects itself, It goes up, up ,up.. The reverse is also true. When you think it will go up, up, up, it goes down... Investing is stressful sometimes.. Sometimes, it takes more than judgement and patience. Timing plays a huge part too. Many a times, not which stock is good, more likely is what is your entry price!
I'm still not that good with stocks, still learning each day..
Thanks for sharing...
lsj840428 ( Date: 03-Jan-2010 23:13) Posted:
Hi Unique6, Cacola was one of my pick for 2009........its market value is damn low, even lower than its NAV and Cash per share.....but i guess its outlook is a bit bleak......one of its weakness is they did not manage to collect the debt.... Only can make handsome profit SHOULD there is RTO happened...... Might acquire some if it drops further.....as this Q4 wont not b good...... other than this, i am observing Changtian now, got a brighter outlook, decent dividend policy, and possible TDR....(one of the catalyst that could push the price higher) has been observing it since the price was 12.5....but too bad to say to date, i still did not manage to get some......as i try to get it cheaper, it seem more price i got to pay..hehe
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Some form of life finally.. BUY UP!
Qian Feng QIAN FENG FABRIC TECH LIMITED |
Last 0.100 |
Change - |
High 0.100 |
Open 0.100 |
Cumulative Volume 100,000 |
Percent Change - |
Low 0.100 |
Yesterday's Close 0.100 |
Cumulative Value 10,000 |
Remarks
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Buy Volume 515,000 |
Buy Price 0.095 |
Sell Price 0.100 |
Sell Volume 10,000 |
Hi lsj840428,
YES, Cacola is a interesting penny stock indeed. So is Changtian.. Nice research..
Stocks are like this, as you think the prices may further corrects itself, It goes up, up ,up.. The reverse is also true. When you think it will go up, up, up, it goes down... Investing is stressful sometimes.. Sometimes, it takes more than judgement and patience. Timing plays a huge part too. Many a times, not which stock is good, more likely is what is your entry price!
I'm still not that good with stocks, still learning each day..
Thanks for sharing...
lsj840428 ( Date: 03-Jan-2010 23:13) Posted:
Hi Unique6, Cacola was one of my pick for 2009........its market value is damn low, even lower than its NAV and Cash per share.....but i guess its outlook is a bit bleak......one of its weakness is they did not manage to collect the debt.... Only can make handsome profit SHOULD there is RTO happened...... Might acquire some if it drops further.....as this Q4 wont not b good...... other than this, i am observing Changtian now, got a brighter outlook, decent dividend policy, and possible TDR....(one of the catalyst that could push the price higher) has been observing it since the price was 12.5....but too bad to say to date, i still did not manage to get some......as i try to get it cheaper, it seem more price i got to pay..hehe
unique6 ( Date: 03-Jan-2010 22:59) Posted:
Hi lsj840428,
I can't agree more on what you said about handsome rewards.. Indeed it requires time and much patience to realise the rewards.. Yes, I had pick up some Qian Feng earlier <10c.
I'm looking at Cacola now. Find it a good value stock for its currently low price of 6c compared to its highs. KXD is also a good choice to wait for RTO... Prefer low debt, some assets in the company. The lists goes on...
What about yourself?
Thanks for your replies.. |
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Hi Unique6,
Cacola was one of my pick for 2009........its market value is damn low, even lower than its NAV and Cash per share.....but i guess its outlook is a bit bleak......one of its weakness is they did not manage to collect the debt.... Only can make handsome profit SHOULD there is RTO happened......
Might acquire some if it drops further.....as this Q4 wont not b good......
other than this, i am observing Changtian now, got a brighter outlook, decent dividend policy, and possible TDR....(one of the catalyst that could push the price higher) has been observing it since the price was 12.5....but too bad to say to date, i still did not manage to get some......as i try to get it cheaper, it seem more price i got to pay..hehe
unique6 ( Date: 03-Jan-2010 22:59) Posted:
Hi lsj840428,
I can't agree more on what you said about handsome rewards.. Indeed it requires time and much patience to realise the rewards.. Yes, I had pick up some Qian Feng earlier <10c.
I'm looking at Cacola now. Find it a good value stock for its currently low price of 6c compared to its highs. KXD is also a good choice to wait for RTO... Prefer low debt, some assets in the company. The lists goes on...
What about yourself?
Thanks for your replies..
lsj840428 ( Date: 03-Jan-2010 22:43) Posted:
Hi unique6, yes, i prefer value investing, only by using this approach i can make handsome rewards....but value investing always take up great duration....as we do not knw when the counter we bot can attract those herd to join....so had u been buying Qian feng? other than this, what counters do u play attention to?
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Hi lsj840428,
I can't agree more on what you said about handsome rewards.. Indeed it requires time and much patience to realise the rewards.. Yes, I had pick up some Qian Feng earlier <10c.
I'm looking at Cacola now. Find it a good value stock for its currently low price of 6c compared to its highs. KXD is also a good choice to wait for RTO... Prefer low debt, some assets in the company. The lists goes on...
What about yourself?
Thanks for your replies..
lsj840428 ( Date: 03-Jan-2010 22:43) Posted:
Hi unique6, yes, i prefer value investing, only by using this approach i can make handsome rewards....but value investing always take up great duration....as we do not knw when the counter we bot can attract those herd to join....so had u been buying Qian feng? other than this, what counters do u play attention to?
unique6 ( Date: 03-Jan-2010 22:04) Posted:
Hi lsj840428,
It seems like you also fancy VALUE penny stocks that's not widely traded.. Wise choice. Let's hope rewards comes sooner rather than later.. Cheers..
The first trading day of 2010 starts tomorrow.. Let's see... |
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Hi unique6,
yes, i prefer value investing, only by using this approach i can make handsome rewards....but value investing always take up great duration....as we do not knw when the counter we bot can attract those herd to join....so had u been buying Qian feng? other than this, what counters do u play attention to?
unique6 ( Date: 03-Jan-2010 22:04) Posted:
Hi lsj840428,
It seems like you also fancy VALUE penny stocks that's not widely traded.. Wise choice. Let's hope rewards comes sooner rather than later.. Cheers..
The first trading day of 2010 starts tomorrow.. Let's see...
lsj840428 ( Date: 03-Jan-2010 21:52) Posted:
rgrding this Z-ObEE, i do not have much info on it as it is not within my list of observation......i am totally agree with wat u said 'it's the 'herd' thing'....."people will only buy them when they hit volumne list" this scenario happened to Sinotel too...when the price was less than 20 cts, no one seems to bother it.....but when the price hit 40 plus.....then the volume built up.....and so did the price...... To discuss who will be the winner between Qian Feng and fibretech is really tough.... In term of profit margin, lately, qian feng is slightly weaker i had been comparing this two b4 i decided to buy anyone of them....and eventually i decided to go with fibretech...
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Hi lsj840428,
It seems like you also fancy VALUE penny stocks that's not widely traded.. Wise choice. Let's hope rewards comes sooner rather than later.. Cheers..
The first trading day of 2010 starts tomorrow.. Let's see...
lsj840428 ( Date: 03-Jan-2010 21:52) Posted:
rgrding this Z-ObEE, i do not have much info on it as it is not within my list of observation......i am totally agree with wat u said 'it's the 'herd' thing'....."people will only buy them when they hit volumne list" this scenario happened to Sinotel too...when the price was less than 20 cts, no one seems to bother it.....but when the price hit 40 plus.....then the volume built up.....and so did the price...... To discuss who will be the winner between Qian Feng and fibretech is really tough.... In term of profit margin, lately, qian feng is slightly weaker i had been comparing this two b4 i decided to buy anyone of them....and eventually i decided to go with fibretech...
unique6 ( Date: 03-Jan-2010 08:04) Posted:
I would prefer Qian Feng and ChinaFibreTech based on the Balance sheets. ChinaTaisan is also cheap compared to other SGX listed stock, however Qian Feng and ChinaFibreTech would be even cheaper! The low volumes of the 2 stocks tells it all...
"Most people like to buy shares when everyone is buying it."
lsj840428,
No one dare to buy "Z-OBEE" when it was less than 10c. Now then they buy "Z-OBEE" at >$0.20 .. It's the "herd" thing. I'm guilty of it too sometimes... Well, after all it is not how good the stock is, but more on "what is your entry price and exit price".
The penny stock party has just begin, there are still a lot of penny stocks that people only remember them when they hit volumne list.
Maybe we can disuss abt who the biggest winners will be?
Thanks... |
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rgrding this Z-ObEE, i do not have much info on it as it is not within my list of observation......i am totally agree with wat u said 'it's the 'herd' thing'....."people will only buy them when they hit volumne list" this scenario happened to Sinotel too...when the price was less than 20 cts, no one seems to bother it.....but when the price hit 40 plus.....then the volume built up.....and so did the price......
To discuss who will be the winner between Qian Feng and fibretech is really tough.... In term of profit margin, lately, qian feng is slightly weaker
i had been comparing this two b4 i decided to buy anyone of them....and eventually i decided to go with fibretech...
unique6 ( Date: 03-Jan-2010 08:04) Posted:
I would prefer Qian Feng and ChinaFibreTech based on the Balance sheets. ChinaTaisan is also cheap compared to other SGX listed stock, however Qian Feng and ChinaFibreTech would be even cheaper! The low volumes of the 2 stocks tells it all...
"Most people like to buy shares when everyone is buying it."
lsj840428,
No one dare to buy "Z-OBEE" when it was less than 10c. Now then they buy "Z-OBEE" at >$0.20 .. It's the "herd" thing. I'm guilty of it too sometimes... Well, after all it is not how good the stock is, but more on "what is your entry price and exit price".
The penny stock party has just begin, there are still a lot of penny stocks that people only remember them when they hit volumne list.
Maybe we can disuss abt who the biggest winners will be?
Thanks...
lsj840428 ( Date: 31-Dec-2009 22:14) Posted:
i hv no idea about that.....i guess it has something to do with its revenue.....its revenue has been decreasing but it is still making profit.....the other reason is this counter has been keeping its profile low......did not manage to draw the attentions of others..... i guess they shld hv hired Ben Ng to help them to promote the counter.......through the trend is heading downtrend, with the volume is extremely low, it doesnt really worry me....fundamentally, this counter is quite stable provided those info given in their balance sheet is trustworthy.....do u have any news about this counter? i hv been comparing this counter with qian feng and china taisan....in term of NAV as well as cash per share, fibertech is much higher than taisan, but in term of popularity, taisan is much popular than fibre.......i guess this is one of the reason taisan has been valued at a greater PE than fibre......after all, it is merely my observations and opinions......
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Instead of cheap, i am looking at some which is worthy....Qian feng is undoubtedly cheap if compared to fibretech....however, if u look at their NAV and cash per share, u will knw that fibretech is slightly worthier....
unique6 ( Date: 03-Jan-2010 07:39) Posted:
You are right to say:
CHINA FIBRETECH LTD (last traded 0.125) is also cheap compared to Qian feng (last traded 0.10)
PE 2.376
NAV ($) 0.2292
Cash Value ($) 0.1881
IPO at $0.21, very closed to Qian Feng. I prefer Qian feng as it's Current Price vs IPO Price (%) was "cheaper" compared to CHINA FIBRETECH LTD.
As a fact, I'm also looking at CHINA FIBRETECH LTD.. When it does under <10c, will pick up some shares slowly too.
Hope this claifies..
Thanks and best regards...
lsj840428 ( Date: 31-Dec-2009 17:47) Posted:
if u said this Qian Feng is highly unnoticed, i would suggest u to take a look on ChinaFibreTech which is even more interesting......both are involving in fibre technology.....Check their NAV and cash per share, that would be fantastic number.......
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I would prefer Qian Feng and ChinaFibreTech based on the Balance sheets. ChinaTaisan is also cheap compared to other SGX listed stock, however Qian Feng and ChinaFibreTech would be even cheaper! The low volumes of the 2 stocks tells it all...
"Most people like to buy shares when everyone is buying it."
lsj840428,
No one dare to buy "Z-OBEE" when it was less than 10c. Now then they buy "Z-OBEE" at >$0.20 .. It's the "herd" thing. I'm guilty of it too sometimes... Well, after all it is not how good the stock is, but more on "what is your entry price and exit price".
The penny stock party has just begin, there are still a lot of penny stocks that people only remember them when they hit volumne list.
Maybe we can disuss abt who the biggest winners will be?
Thanks...
lsj840428 ( Date: 31-Dec-2009 22:14) Posted:
i hv no idea about that.....i guess it has something to do with its revenue.....its revenue has been decreasing but it is still making profit.....the other reason is this counter has been keeping its profile low......did not manage to draw the attentions of others..... i guess they shld hv hired Ben Ng to help them to promote the counter.......through the trend is heading downtrend, with the volume is extremely low, it doesnt really worry me....fundamentally, this counter is quite stable provided those info given in their balance sheet is trustworthy.....do u have any news about this counter? i hv been comparing this counter with qian feng and china taisan....in term of NAV as well as cash per share, fibertech is much higher than taisan, but in term of popularity, taisan is much popular than fibre.......i guess this is one of the reason taisan has been valued at a greater PE than fibre......after all, it is merely my observations and opinions......
stkoh78 ( Date: 31-Dec-2009 20:49) Posted:
ChinaFibre Tech seen to be heading down trend. Do u know the reason .
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