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Ferrochina

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dcang84
    15-Sep-2008 13:04  
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If I recall correctly, some brokerage house indicated support at $0.56 for this counter by the end of the year. Wow no need to wait till then. It's fast forward action. It will take a very brave person to jump in at this level. I cannot imagine when HK, Tokyo bourse opens tomorrow. I bet investors wish it wasn't a holiday today. Having said that it could be a blessing in disguise. U never know. Good luck!!!

jackjames      ( Date: 15-Sep-2008 12:00) Posted:



this counter drop a lot today... about 17% now.

 
 
AK_Francis
    15-Sep-2008 12:09  
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with such a threatening market condition, like loss in jungle that type of feeling.

but still be steady, dun be too stressful loh.
 
 
jackjames
    15-Sep-2008 12:00  
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this counter drop a lot today... about 17% now.
 

 
dcang84
    15-Sep-2008 11:16  
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Highly leveraged co. U may want to exercise caution and the prevailing conditions aren't helping at all. After Lehmann tonite, there are others who may file for chapter 11.



TradeChancellor      ( Date: 14-Sep-2008 14:36) Posted:

My gut feel is that you could pump in your funds here as 1H2008 net profit is 418m RMB vs 146m RMB in 1H2007. Thats like almost 3x increase in net profit. But the stock price is like only $0.67, a third of an all time high of $2++ before the credit crunch.

 
 
baseerahmed
    14-Sep-2008 16:34  
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testing .. pasting yahoo charts ..F33.SI

 
 
TradeChancellor
    14-Sep-2008 14:36  
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My gut feel is that you could pump in your funds here as 1H2008 net profit is 418m RMB vs 146m RMB in 1H2007. Thats like almost 3x increase in net profit. But the stock price is like only $0.67, a third of an all time high of $2++ before the credit crunch.
 

 
baseerahmed
    14-Sep-2008 12:32  
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caveat emptor


supports :

0.655  (low as at 6th Oct 2006)

0.555  (low as at 9th June 2006)

caveat emptor



 
 
jackjames
    14-Sep-2008 11:47  
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I need TA expert to tell me the next support point... the volume last 2 trading day is huge, and the price coming down, a very bad sign indeed.
 
 
derekchong
    12-Sep-2008 17:27  
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it reminded  me of Sino-environ. during the last selldown.

went down to $0.70 and rebound very fast. Hope this

one will stop at this px and rebound from here on Monday.
 
 
jackjames
    12-Sep-2008 17:04  
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what is wrong with FerroChina? Any fundamental problem ? or just purely poor market sentiment?

apart from that, at what price is a good entry?
 

 
Seadeucer
    04-Sep-2008 10:50  
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Cheong??? Which direction please. . . ?Smiley
 
 
ericwong_68
    03-Sep-2008 16:49  
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    16:25 XFN

FerroChina undertakes rebuilding project in Sichuan with DongFeng Design

cheong aarrhhh...
 
 
aleoleo
    20-Aug-2008 16:52  
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Something is brewing for this counter, watch out for this babe.... sure fire...Smiley
 
 
Blastoff
    20-Aug-2008 16:18  
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Those who played contra/naked short would have earned themself some kopi money today.
 
 
StephenTan
    20-Aug-2008 11:59  
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JP Mogan down grade ferro that why drop sharply since few day back after the news
 

 
Blastoff
    20-Aug-2008 10:55  
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What happened? Why the sudden drop?
 
 
cheongwee
    17-Aug-2008 14:40  
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The last time i bought 115, i think this time 115 coming. With commodities coming down can the px go up? i hardly think so.
 
 
Michelle131460
    16-Aug-2008 00:40  
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Hi experts, what is the trend for Ferrochina now? Is steel price increasing? Today's market is down trend, dun really know how to judge...need some expert advice. thanks
 
 
regret
    24-Jun-2008 22:43  
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today did manage to break 133 but din hold well..dunno if can attempt to break thru tmro or nt
 
 
dodojojo
    24-Jun-2008 14:27  
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Ferro is looking good... Smiley 5
 
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