
PE 11 times say cheap ah ?? they are plenty of China counter in SGX trading below PE 5 !! just name fews -- Cacola 3.9 times , China Haida 4 times , China Auto 3.1 times....
Deutsche Bank keeps China Hongxing at Buy, maintains $0.85 target price. Says stock "offers attractive valuation" as it currently trades around P/E ratio of 11.6X, below historical average P/E ratio of about 23.0X in past two years; says market could be pricing in a 47.4% earnings decline based on Deutsche Bank's current FY08 estimate of CNY574.1 million. Adds, could be too early to expect slowdown in China retail spending based on weak May data. Notes industry players' continued optimism on China retail sales in 2H08 due to Beijing Olympics, says China Hongxing expects retail sales to increase leading up to Olympics and stronger earnings in 2H08.
06/08
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China Farm
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UOB KH
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0.47
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0.74
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Buy
|
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NOL
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Citi
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3.22
|
2.70
|
Sell
|
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Comfort Delgro
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Citi
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1.60
|
1.44
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Downgrade to Sell
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China Hongxing
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DB
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0.47
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0.85
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Buy
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exit 85 but now 46.5
reasonable or not
i think nowaday fund anyhow comment
you can aim for 0.60, i think it is a comfortable level of exit.
any personal target price?
cross567 ( Date: 23-Jun-2008 22:10) Posted:
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i am in for some, for long term too,bought some at 46
got some at 0.48-0.49 today because i saw high vol and good TA signs. MACD, williams, candlestick, bollinger and envelop ==> all very good. I'll keep for longer term. If it drops slightly further, will pick up again as i missed the 0.43 to 0.45.
Come tomorrow, siong... but fear not, STI is very stable now and with good risk management, it should be ok. All the best.
BB put the water,,,,,,,hokkien "pangchui",,,,,,,,,,,,hope who strike the fortune must profit first ok,,,,,,,,,,,,,,,,,
its going up, start cummulating and keep, take profit at approiate time.....
look at the current volume now...its not even half a day yet and its already so high on volume...
cyjjerry85 ( Date: 17-Jun-2008 22:03) Posted:
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tis baby quit stable liao,,,,,,,44cts is a good accumulate point,,,,,,,,,,,,,,,hope tis a point for bb,,,,,trader ,,,,,retail,,,,buy and keep,,,,,,,,,,,,cheers
today's volume is on a higher than average...and anybody spotted today's candlestick looking like a reversal hammer ? stochastic seems to be on the ready mode to tell traders...it might be a change in downtrend soon...probably up
becareful if you wanna short or buy.. sometimes when you see many buy up you follow, it suddenly slam down.. sometimes when you see many selling, you short, but it suddenly gap up.. this is one counter which is the most (to the extreme) volatile in my watchlist.. juz becareful, cos many investors thought dat 0.45 could be the support.. but you neber know how low it can go.. trade with care.. probably can watch if it trades above 0.48... juz trade with care on this counter...
Aiya! miss the pie.

eat viagra ??? sudden up ??
43.5cents now......
hitting 40cents today...........
dun noe,my am remiser also no idea ,,,,,,,,,,,,,but from alot movement
Where the fund link research? Come from where?
local hse vs ah moh fund,,,,,,,,,,,,,,,67-675cts they first rd,,,,,,,,,,now again,,,,,,,,,,,,same ah moh again,,,,,,,,,,,let see local bullet strong or not,,,,,,,,,,,,,,,,,,,,show time again,,,,,,,,
shit,,,,,,,,,,,,,withdrawal my q,,,,,,,,,,,,,,,,,,slideline first