
Milk Cheongg.. again to $1.45cts +10cts on d 2nd day running on a vol of 31 mil shares traded. Mon coming can see $1.5x ?
Today China Milk goes on a short bull run +8cts to $1.35cts again on a vol of 18.9 mil shares traded, let C tmr can it test $1.46-$1.50cts or not ??? hv patient.
Over last 4days. Milk hv strong support at $1.28ct, tested $1.35cts, cls at $1.29 on lower vol of 5.839mil share traded today. Next week, upside potientially may test $1.40-$1.45 range, given oil px is stablizing & election result settled.
Hey! i tot milk still goes on profit take, but it did not, some retail & hse trader goes on bottom fishing, along d way some took profit, +$0.050cts, last done 372lots bot up to $1.33cts on a low vol of 9.5mil shares traded, collection X for some.
Sorry correction here, $25.1 bil ( 201 bil Yuan) & not 21.1 bil. C.milk still on profit taking, down 2cts on much lower vol of 5.2mil shares traded. A good sign, not much in down sliding like B4, maybe for bottom fishing, jus got to hv patient.
21.1 billion SSS coming, wish China State Pensions Fund can consider China milk as 1 of their own Blue chip stock w/another 3000 more cows moooing to DBS recommended px of $1.95cts liao. This's good news, a possiblility px come sooner then later.
Tues maybe another day where weak holder can let go if still got profit to take, can considering milk is still down B4 some boys go on a stock hunting trip again.
Alamak!!! run away so fast for what, hope to buy back again at cheap px i guess, i m abit worry, hope not as other bigger boys like HL and Dubai, R they still around ??? as esp HL our IPO mgr and savior. If they R, can still trust them a little bit hoh.. so as small fry, can still buy HL IPO.
Value Partner. I tot is valueable, but is not, another one more w/short sightedness and a (-) point on my book. They R not in d business to grow w/milk, jus purely act like a trader, unlike well know fund mgr.
Just 14 days and they run away, seow liao. how to trust them huh..going below >5% now i think hoh.. they jus following Temasek style, but Temasek can make few hundred % b4 they announ.. to let go, but Value may not be a v big boy yet, unlike Dubai Inv..
Value Partners sold 7.6m shares of ChinaMilk. This time they will take profit after a strong run and are not in for the long haul.
Woww...Milk on d run, this X , it run up, Up +$0.050cts to $1.42cts. Buying & taKING profit $$$, tmr together can run w/Bright World(IPO-36cts). Aft IPO no such px liao, going for $0.76cts, jus like FabChem(32cts going.. cls at 765cts). Just wondering how FabChem will double it px, compare to milk, if FabChem cross $1/- then milk can test btw $2-$2.50cts as DBS oredi hv a target px of $1.95cts liao. Tmr Cheongg...
As far as i'm concern. China milk is a Sun rise business & not Sunset business. Today ppl supported 12:30pm px at $1.40cts DBS target px is at $1.95cts, likely they may knew what's brewing which we (small fry don't know, why $1.95 & not $2 or $1.88cts
Woww... Milk on d run, but run down on profit taking, jus following Shanghai Index, China bigbig mkt, SGX small mkt.
If oni those believe in this China milk, milKING more $$$ from $0.62cts to a $1/-, to $1.30 & now $1.45cts, if those who miss my posting back dated to 16-17 April 2006, would hv notice what im talking about. Give this milk a chance & it may jus cross $2/- but got to hv some patient yah..$_$:)
It's bull run with another 3000 cows coming along liao.
SINGAPORE (XFN-ASIA) - DBS Equity Research gave C.Milk a "buy" rating, a target px of $1.95cts in its initial coverage of the Co, due to bright prospects in the China dairy mkt. In a client note, the Co has a sound business model for distributes its main products, pedigree bull semen & dairy cow embryos to Chinese govt agencies. "DBS believe the Grp prospects are highly favorable & could see exponential earnings growth over d next few yrs,".
For record: China Milk was tested to a high of $1.51 By 12:30pm, up 0.12cts or 8.87% at $1.48cts, vol-18.634mil. Closed at $1.45 +9cts vol 26.973mil, so those taken profit $$$ liao can hv another bull charging to a new high again yah...
Sorry, Milk vol correction here. Volume should be 16.5million shares traded instead of 18.3mil. I m still watching for more news through i exit oredi.
Milk run up too fast liao, on profit take, down to $1.24cts B4 it closed at $1.26cts. Down 4cts and vol get thinner(vol 18.3mil) may C another take w/oil shooting up to $72/-. I still think $1.08 a gd px to...
Discalimer: FYI, not an inducment to trade
Good ??? can ask value partner, they hv jus bot up 6.6mil+ shares at $1.06/- few days back..I think they value China milk alot and knew somthing we don't. That is why it hit $1.30cts today. I m now awaiti for more news, coming... and thank. Gallen for ur posted px $1.22cts. I exit liao..
Why is China Milk's PER higher than China Mengniu Dairy's? Mengniu produces UHT milk and yogart which command a higher margin.