BeautyChina   

Beauty China

Beauty China has reported a 5.3% increase in net profit to HK$37.3 million for its first quarter ended Mar 31. Revenue rose 30.3% to HK$149.5 million, helped by higher contributions from its two brands of cosmetics and skin-care products - Colour Zone and CharmingLady. Sales of Colour Zone products accounted for 87.9% of total revenue, while CharmingLady contributed 9.7%.

Beauty China's new cosmetics manufacturing arm made a first-time contribution of HK$3.6 million or 2.4% to its revenue, but resulted in an operating loss of HK$3.3 million due to under-utilisation of plant capacity. First-quarter earnings per share increased 3.9% to 10.7 HK cents from 10.3 HK cents.

Going forward, Beauty China plans to launch more products under its brands and expand its distribution network of 1,584 Colour Zone and 313 CharmingLady outlets on the mainland. It also expects its recently completed cosmetics plant in Zhuhai to provide a significant revenue stream.

 

Volume so low also can make coffee $$$... No bad heheh

stevenkoh1981      ( Date: 11-Apr-2008 14:24) Posted:  me just let go liao, just earn a little bit coffee $$, so good luck to all of u. Bye

 

 me just let go liao, just earn a little bit coffee $$, so good luck to all of u. Bye

 

if u look at the small triangle it will be upward trench, your triangle show too big then it will be downward, so there are two triangle to be interpret, so dont know which is which? so do your own research, according to W% and RSI it will still have some space to go up..

 

I hope you are right. The volume over the last few days has been larger than average, and you can see that theres an ascending triangle forming. The resistance line (23% or 0.80) is the point in which the current price needs to break through. So, I really hope you are right. Then all of us will huat!


 


 

 

Flat ..Flat ....Guess next will be flat too.

 

 

 maybe not very sure, there is an small triangle been form maybe on way up or down, not sure ?????? 

 

Looks good. Set to rise.

 

now it show short term bullish sign, may be I am wrong, play with care n at your own risk.

 

Anyone watching this counter? Share your view pls