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Lucky The Rumours of accounting is not true, reported earnings raise of 46 %.
Fung Choi reported a 46.9% rise in revenue to HK$843.7m for FY06
If not for the rumours, it would have went higher b4 the drop of 20 % in 2 days.Anyway,back at 66. Lets wait N see.
I don't think the accounting irregularities are true. If true, it wouldn't be rising now.
Nostradamus thank for yr help. A very helpful and knowledgeable guru. Sir, I salute u and all the gurus here for the generosity and sharing. God bless.
U r welcome, elizlow. Rumours of accounting irregularities swirled the stock. It's due to announce results next Tues. Avoid for now. As for AsiaPharm, my advice is in the respective thread.
Nostradamus a millions thanks to u for alerting me. Very touched by yr kindness. I bought Asia Phar at 0.705 on 20.7.06 and recently also Tua Lao Sia. May I have yr advice.Thanks.
Wise decision, elizlow. You cut loss before the price plunged in the afternoon.
Jessie N Singaporegal - thanks and also thanks all gurus here for their guidance. Have a pleasant weekend. God bless.
Something is brewing. The price plunged 20% over the past two days. The company is due to announce its full year result. Last year it announced on 25 Aug 05. The first 3Qs were very good. Why?????? Any explanation?
Hi elizlow, looks like you have made a very prompt and good choice. Nostramadus is right, price is now 60 cents. Drastic drop within same day.
Good choice elizlow... it hurts to cut loss but its better to retreat to fight another day.
Happens to me once in a while too.
Happens to me once in a while too.
Nostradamus/derekchong thank u for the prior warning notice. Cut loss at 0.66. Prefer to bit the bullet and move on. Good luck to all of us as the market is always here. Many thanks again. God bless.
sell now at $0.66 and buy back at $0.60. very difficult to decide.cut loss very painful thing to do.if sudden rebound how. ai yah yah ai yah.!
Hi elizlow. Don't look good. Could fall to the low $0.60s.
alto26 thanks for yr advice. Take care.
Singaporegel , never mind and many thanks for yr warning yesterday. Good luck.
Some selling . but i think it shd hold on 67 66 b4 rebounding. Always as china shares make them feel worthless N then suddenly huge buy up. Fung choi FA still good.
hi elizlow,
I don't believe in support levels... so can't really help you there... sorry.. :(
I don't believe in support levels... so can't really help you there... sorry.. :(
Singaporegal - Chialat as I missed yr warning yesterday and went in to buy before mkt closed. Sigh
Singaporegal - appreciate yr advice on the Support level for Fung Choi as I bought at 0.70 & 0.665 yesterday.Thanks.
this one on downtrend now.