
ok last qtr result juz out..so will cheong today ?!?!
hee...
cheers !! :D
hmm...this joker analyst recommend STRONG BUY $2.66 ?!?!?! ..read on..
http://www.remisiers.org/research//synf1.pdf
Synear Food Holding
SYNF SPCONSUMER RELATED | SINGAPORE
Michael Gilmore
+65 6420 1918 michael.gilmore@sg.nomura.comKarima El-Aazizi
+65 6420 1904 karima.elaazizi@sg.nomura.comFirst look
That Synear?s FY07 net profit of RMB476mn was below our forecast (which was a
consensus low) is not as much of a surprise as the gross profit being almost in line.
This means the company?s pricing power to input costs has come in pretty much as
expected, but that other costs have disappointed. Selling costs have run ahead of
expectation and a tax bill was a surprise. With pork costs likely to peak in 1Q08F,
we believe the worst could be over for Synear.
Earnings vs our forecast ABOVE IN
Well if KC is good for short tomorrow, I will take a closer look. Cheers!
hee..ok..anyway...i thk will give it a missed tomor too...ya..this SYNEAR burger use to trade ard <$2 level wan...degraded to pennies counter...haha..change of fortune siah! :D
anyway i got KEPCORP in my radar instead..up again today..hee...make gd SHORTING opportunity leh :P as well as DELONG...these 2 are my diehard ALL TIME FAVOURITE SHORTING TARGETs...hee....
NICK, are you happy today? I am...hehehe...opp, might offend some others who still holding. I am sorry! Nick I think I wun do it tomorrow lah. Not everyday is Sunday. SYNEAR had dropped some 26% in one day. If we calculate the drop from 1.23 last week peak, this counter had dropped about 50¢ (about 40%). So I am gonna give it a miss tomorrow.
then, have to see our Mr. Dow tonight~
wow...76cts closing...hefty 27cts dropped !!! wow !!
wat a day ?!?!?! :D
ok...now...tomor open SHORT or CONTRA ?!??! hee....
wow..climbing up 76.5cts now..steady and strong siah...
aya..dumplings are frozen..expiry date not a concern as long as u slash price..there will be suckers who will buy them :P
I think upcoming first quarter result is going to be bad because of the recent snow storm in late january and february... further weighing the stock down.Unsold dumplings with expiry date will cause further losses.
Li Jinzhou, 53 announced resignation yesterday. Reasons - Health & personal.
He says he wants to retire - Bloomberg
buy? on rumours?? p
The news is in SGX. Joint CEO resigned.
aircrash?? could it be suicide because of poor qtr result?? hee...
anyway gd ridden for not making the co. profited...but hey!! i profited via shorting rite?!?! hee...
my broker just told me resignation confirmed. No other sources confirming yet.
Index | *(February 26, 2008, 02:45:38 PM) | |
HSI | 23,441.14 | +172.00 |
CEI | 13156.65 | -46.33 |
Shanghai A | 4341.926 | -56.883 |
Nikkei | 13,824.72 | -89.85 |
Unless really confirmed news, such things not nice to mention or speculate.
my broker told me maybe the CEO kana air crash ...confirm ?
Is the rumour that the CEO has suddenly resigned confirmed?
on the side note..this burger not only crashed..it has already melted to current level...shanghai even if it crash has not much impact...that only affect the other S stocks...hee...
juz wait and see loh.... :)
same thought