Chosen   

Chosen-The Hidden Gem

Chosen Holdings Limited halts operations in Ayuthaya, Thailand

http://sgsharemarket.com/home/2011/10/chosen-holdings-limited-halts-operations-in-ayutthaya-thailand/

 

mike8057d: Although I have always advocate buy and hold long term, there are some stocks that refuse to buck up. And since I am no G*d, I did buy some of those stocks mistakenly too. I would like to share two of them. SATS and Hor Kew both from IPO times. SATS neber really manage to stay above their IPO until past year. Hor Kew was dwelling in the 2-3 cents before being fryed up to above 20 cents where IPO price is 20 cents. 

During the penny run, I offloaded both of them at a small profit. I did not make a loss but capital tied up during those years means I am not doing a sound investment in those stocks. Livermore would comment I should not waited so long and should sell at a loss and use the remaining capital to buy other winning stocks indeed isn't it?

So sometimes Livermore concept is true but who wanna sell at a loss? Do you like the idea of realized loss especially since you treat stock as investment rather than trading/gambling/punting? Until today I am still not a perfect investors. I am still caught up by emotion and in stock market that is a killer. I am still trying to buck up on that aspect.

 

The "Chosen" one is not moving man.........now back to the dark age

 

bought at 0.55 in 1999....still long way to go man

 

bought this share in 2003 @ 30cts... i have my feeling it going up in next 2 weeks.... i should be able to recover my losses with some profit....soon..... agree?

 

Both Bullrun and SporeGuy have their opinions, who has the last laugh, we will see.

 

Sporeguy..I do not own any Chosen too.  I don't use TA in my selection of stocks. I simple focus on FA and hence volume make not meaning to me.  I buy and hold most of my stocks for long term and are making good returns, hence I intended to continue using my strategy. So for company with very low volume, my guess is that the charts is meaningless since it will not be able to reflect the sentiment correctly.  However, happy to know that Chosen is heading down, FA indicated to me that if Chosen move further down, it may moved into the undervalued category where value investing will consider it a good buy!

 

Hi Bullrun,

I do not own any chosen. I study the charts for the sake of knowledge. I think a good volume (not too much and not too little) will make sure that the counter is not subjected to control by too few shareholders. When vol is too high, it may due to speculation, too low may also be manipulated by a few shareholders. From MA10,50,100 charts, the MAs are on a down trend and also widening between themselves indicating there may be more downside.

 

Chosen is a defensive stock. Downside is limited. What is the point of buying high liquidity stocks that are subjected to specualtion? Stick to fundametnals and look for dividen will be safer for now.

 

Hi, take note that volume has never more than 500 lots in any day since 15 Sept 2005.

 

Hi, take note that volume has never more than 500 lots in any day since 15 Sept 2005.

 

We should take the following into consideration in the valuations:

1. Shanghai tooling operating just started in FY05. The potential is huge since pricision tool making in China still lag behind Singapore and Japan. I expect this operation to contribute significanlty by FY07.

2. Manufacturing of Automative products only started recent in their Thailand and China plant. Again, expect significant contribution by FY07.

3. Semicondutor and medical industries will be nich markes that have high entry barrier.

Considering the company cash holding of 19.5m at end of FY05 and the NTA and a projected EPS of 2c. The FV should be around 24c.

 

How much is this stock worth?

 

How much is this stock worth?

 

Founded in 1986, Chosen had grown over years from a moulder to a one-stop integrated services provider consisting of product design & development, mould design & fabrication, precision plastic injection moulding & secondary processes and final product assembly.

The Chosen group of companies have advanced manufacturing facilities located in Singapore, Malaysia, Thailand and the
People's Republic of China (Dongguan and Shanghai). Over the years, Chosen had branched out from supporting the printing and imaging products  to medical products and also provide  services to the automotive industries. The strategy of targeting the higher value-added niche product sector especially the data storage and semiconductor sector has yielded favorable results. The automotive will provide Chosen with and arms to growth. With the multi pronged strategy to growth, Chosen had set itself well ahead of the other precision moulding companies listed in Singapore. The market sentiments had driven Chosen share price to current illogical level.  Value investors should see this as good time to accumulate the stock for attractive return when the market rebound.