ChinaPreci   

Good buy

3Q results increase by 21%?????? http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_92ABF238B70B0BF54825739000583775/$file/CPT_3Q07PressRelease.pdf?openelement

 

any1 have any thoughts on this counter as i am thinking to vest in it?

 

Hi Chuzzle, you are welcome.

It is always good to seek second opinion when in doubt as a reference. So, no worries.

Today's closing is superd for your counter. 
It would be good to progressively shifting up ur profit taking points. Cheerios.

 

Hi ihatcoy,

Tks for yr detail explanation. I'm quite agreeable that tis counter is consolidating. Maybe I just seeking for assurance & general views of the stock. Perhaps next week will be cheoing 'cos China play should be next in line. Will hold & see how  

 

chuzzle Member	Posted: 06-Apr-2007 06:00
x 0 x 0	Any chart expert can advise where this counter heading towards? I brought this counter @ 0.23 and wondering if I should grab profit now or wait for it to go up further. Tks in advance

Hi Chuzzle, my analysis is HOLD. May have further upside.

Base on my chart analysis, the consolidating range/pullback@ low volume to supporT@0.28
from (27/03 -04/04) is done. with last thur 05/04 buyup@high volume. bullish engulf.
Techincal indicators (daily) MACD cuts to zero line, stochastic cuts up.
Resistance@0.295 need to be taken out @ high volume for more upside.
SupporT@0.28; if 0.28 breaks@highvolume (e.g 0.275) , then may consider selling off for profit)

Above is just my analysis. Nothing is for sure. Caveat emptor.
Pls do your own analysis; with your tolerance level. Just sharing.

 

Any chart expert can advise where this counter heading towards? I brought this counter @ 0.23 and wondering if I should grab profit now or wait for it to go up further. Tks in advance

 

Looks like this counter is moving north.. yeh..

 

thank you very much taybc1071.

great help

 

hi seed_destiny, august, I believe it could be due to the custom issues. Please read the notes accompanying the results.

 

no ideas

On the very Days, it announces Net Profit Increases To RMB78 Million , it free fall.

 

Any idea what happen to China Precision ? Why does the stock price plunge ?? Thanks,

 

hi victorian, like to seek your comments on the trading pattern of this counter. Is the chng kay doing accumulation? tks

 

Another undervalued stock.....................

With falling world copper prices, UOBKayhian has a price target of $0.68!!!!!!!

 

Apologies.... I don't know y the text repeats itself when I cut n paste them here...

Anyone got clue ?

 

Description: China Precision Technology (CPT) is an integrated services provider for

consumer electronics, office automation equipment, telecommunication, and automotive

industries. The company?s services include metal stamping, plastic injection moulding, diecasting,

and mould design and fabrication.China Precision Technology (CPT) is an integrated services provider for

consumer electronics, office automation equipment, telecommunication, and automotive

industries. The company?s services include metal stamping, plastic injection moulding, diecasting,

and mould design and fabrication.

Immediate outlook: The stock is currently holding above its trend line support. CPT has

been consolidating for about 5 months now. With both its MACD and RSI signalling a buy,

we expect the stock to rise up to test its S$0.50 resistance soon. Technical Buy now at

S$0.38-0.40 and place a stop at S$0.345.The stock is currently holding above its trend line support. CPT has

been consolidating for about 5 months now. With both its MACD and RSI signalling a buy,

we expect the stock to rise up to test its S$0.50 resistance soon. Technical Buy now at

S$0.38-0.40 and place a stop at S$0.345.Technical Buy now at

S$0.38-0.40 and place a stop at S$0.345.

Medium-term outlook (2-6 months): The medium-term outlook for the stock remains

neutral with a bullish bias. Its RSI is slowly inching higher while its MACD has flattened

out. Hence, there is a good chance the stock could breakout of its sideways trend and

scale higher to test the S$0.50-0.51 level, followed by S$0.595.

Source - CIMB GK Date: 6/12/2006The medium-term outlook for the stock remains

neutral with a bullish bias. Its RSI is slowly inching higher while its MACD has flattened

out. Hence, there is a good chance the stock could breakout of its sideways trend and

scale higher to test the S$0.50-0.51 level, followed by S$0.595.

Source - CIMB GK Date: 6/12/2006

 

Steady... got chance

*vested*

been a real laggard in the rally so far...

v good support @ 0.39

 

volume increasing.... detect signs of accumulation

Keep in radar

not a stock for TA only people cos low volume thus far

 

China stocks can go in an out of fad fast. Better sell when break even. The fad seems over after the great May correction.

 

UOB KH target price of 0.58 !!

 

   It is moving sideway with a downward bias. Avoid at this point.