China Gaoxian   

ChinaGaoxian

If  ChinaGaoxian penetrates the trendline of the downtrend channel at 18.5 cents tomorrow , it may  go down to 11.5 cents .

Bintang      ( Date: 21-Mar-2011 16:47) Posted: After ChinaGaoxian 's directional movement indicator turned down from the peak , its share never stop falling . It reached the support at  23 cents n made a rebounce immediately to 27 cents . But today it broke the strong support with huge volume to reach 22 cents . Now the final support should be at 21.5 cents , breaking which would see a free fall . Bintang      ( Date: 17-Feb-2011 11:45) Posted: ChinaGaoxian fell sharply after forming a weekly shooting star on 07 Jan , ADX has peaked at 56 on 13 Jan . It came down rapidly on 25 Jan when daily RSI shown the divergence . And at the same time , DIs made a negative cross over . All these signals showed its uptrend had ended , n so was the starting of the downtrend . The strong support is now at 23.5 cents . There are too many resistances ahead , sell into strength when there is a technical rebounce

 

Some fact about CGX, then...there was  one who got UOB Kayhian to re-initiate the coverage some 3 mths ago, fact, have anyone gotten their attentions from analysts of Kim Eng, NRA and Asianone (news apart). There was before listing calling  load up, load up.....for a 0.50c dual listing, and there after....

re-freshing: some kind soul reply:

As an experienced investor,  oneself should know that it is always chicken and egg, when the counter was thinly traded at cruelly low PE,  will houses wants to cover and  plenty of investors want to buy? or  was it  from tipping point per say for the precious UOB Kayhian coverage.

If  correct, NRA has bought in the stock after Kayhian covered it starting from S$0.22 cents or so.

teeth53 msg: Isit continuious mkt speculation or mkt manipulation or both ?.

Oredi mentioned don play, don  touch.  Not for  weak heart.

Take care don get hurt...ya. 

hpong5      ( Date: 21-Mar-2011 18:39) Posted: Wow the chairman requested for trading halt says they are investigating the matter.

 

Possible. Think the chairman also don't know what happened.

wishbone      ( Date: 21-Mar-2011 18:48) Posted: Will it be like the other S chips. 1st halt and then suspend!!!!!   OMG!!!!!!

 

Will it be like the other S chips. 1st halt and then suspend!!!!!

  OMG!!!!!!

 

Wow the chairman requested for trading halt says they are investigating the matter.

 

At that time, b4 it KDR listing, it  cloudy, it clear,  on KOPSI listing, many is hoping for some profit.

Many may not believe it has to goback, goback to basic....after those BBs does such a wonder job.

hpong5      ( Date: 21-Mar-2011 18:30) Posted: Wow just like kdr debut that time.

 

Wow just like kdr debut that time.

 

It was once floating 26 cents last week. http://sg.finance.yahoo.com/q/hp?s=I4U.SI

Oh my goodness, today seow liao lohh. Another round of margin calling...it clear, is back to basic.

Down to closed by 6 cents,  to 0.19c or 24% on volume of 139,905,000 shares changed hands.

teeth53      ( Date: 23-Feb-2011 22:25) Posted: Re-freshing by teeth53 (that like, if it is...then seow liao lohh)            ( Date: 17-Feb-2011 14:10) Posted: Its clear, it's cloudy. Back to basic low, after job is done.  To get going> > B4 this job is done, got to get  into future high anticipated px. Thus, would be investor / Punters would wanted to cut/average and or pump up  n dump at very turn.. Trade within and took your opportunities well. teeth53      ( Date: 18-Feb-2011 08:43) Posted: http://sg.finance.yahoo.com/q/bc?s=I4U.SI& t=1y& l=on& z=l& q=c& c= Chart. Trenching from great height, look like is going to visit 0.250c, if it break away, next support  0.235c. Just sharing my observation.

 

heard they got acct problem also.. need to be verify..

else wont drop like that de lo 

 

Oh my goodness, another round of margin calling...it clear, is back to basic.

Down to closed by 6 cents,  to 0.19c or 24% on volume of 139,905,000 shares changed hands.

 

Jackpot2010      ( Date: 21-Mar-2011 16:42) Posted: 19.5c Down 22%. Force selling, very scary!

 

  DArn!

  Retail players really kena suck in big time by the BBs...   

This is the work of BBs combined... If u can see, they collected 3.08 million shares at the death.

This company just made 400mRMB for FY2010!!!.

PE3.5x. yield 3.3. 

  Some more they are increasing their capacity and utilisation rates..

   

 

I believed that several Customers along the demand chain of CGX`s products  has stopped buying or paying as a result of the Japan quake as Japan is one of the  chief source of gaoxian`s  customer. Hence  insider Bigboy sense big trouble ahead and started selling. Just a calculated guess only.     

GuavaXF30      ( Date: 21-Mar-2011 17:29) Posted: SGX sent query to management regarding trading and huge drop in price. Will be interesting to see reply.... In any case, don't hope for any rebound. Even MasterLim cannot help now ! Bon3260      ( Date: 21-Mar-2011 17:16) Posted: BBs running v v fast today. Since even 0.195 oso cnt hold. 0.155 might hit tis wk... Unless ChinaGaoxian Halt.   I4U (ChinaGaoxian)   WEIGHTED AVG PRICE :   0.2247    LAST DONE PRICE :   0.190    SPREAD/PRICE RATIO :   0.0000    AVG TRADE SIZE :   174.881  <> Last Trades Vol BuyVol Mid SellVol 0.185 2 525 100 425 0 0.190 124 16,259 8,090 0 8,169 0.195 43 3,392 1,475 808 1,109 0.200 17 2,007 1,405 0 602 0.205 11 2,250 1,990 0 260 0.210 22 5,539 4,166 0 1,373 0.215 51 13,583 11,594 0 1,989 0.220 86 18,755 14,461 0 4,294 0.225 176 22,983 8,096 0 14,887 0.230 11 4,957 4,727 0 230 0.235 41 7,267 3,248 0 4,019 0.240 33 7,942 7,576 0 366 0.245 54 8,667 6,597 0 2,070 0.250 111 21,392 18,817 0 2,575 0.255 16 4,165 3,814 0 351 0.258 1 216 0 216 0 0.260 1 6 0 0 6 TOTAL 800 139,905 96,156 1,449 42,300 ('',

 

SGX sent query to management regarding trading and huge drop in price. Will be interesting to see reply.... In any case, don't hope for any rebound. Even MasterLim cannot help now !

Bon3260      ( Date: 21-Mar-2011 17:16) Posted: BBs running v v fast today. Since even 0.195 oso cnt hold. 0.155 might hit tis wk... Unless ChinaGaoxian Halt.   I4U (ChinaGaoxian)   WEIGHTED AVG PRICE :   0.2247    LAST DONE PRICE :   0.190    SPREAD/PRICE RATIO :   0.0000    AVG TRADE SIZE :   174.881  <> Last Trades Vol BuyVol Mid SellVol 0.185 2 525 100 425 0 0.190 124 16,259 8,090 0 8,169 0.195 43 3,392 1,475 808 1,109 0.200 17 2,007 1,405 0 602 0.205 11 2,250 1,990 0 260 0.210 22 5,539 4,166 0 1,373 0.215 51 13,583 11,594 0 1,989 0.220 86 18,755 14,461 0 4,294 0.225 176 22,983 8,096 0 14,887 0.230 11 4,957 4,727 0 230 0.235 41 7,267 3,248 0 4,019 0.240 33 7,942 7,576 0 366 0.245 54 8,667 6,597 0 2,070 0.250 111 21,392 18,817 0 2,575 0.255 16 4,165 3,814 0 351 0.258 1 216 0 216 0 0.260 1 6 0 0 6 TOTAL 800 139,905 96,156 1,449 42,300 ('',) Bon3260      ( Date: 21-Mar-2011 15:24) Posted: ChinaGaoxian 0.220 muz hold. If not, 0.195 might hit tis wk... ('',

 

BBs running v v fast today.

Since even 0.195 oso cnt hold.
0.155 might hit tis wk...
Unless ChinaGaoxian Halt.

 

WEIGHTED AVG PRICE :   0.2247    LAST DONE PRICE :   0.190    SPREAD/PRICE RATIO :   0.0000    AVG TRADE SIZE :   174.881  <> Last Trades Vol BuyVol Mid SellVol 0.185 2 525 100 425 0 0.190 124 16,259 8,090 0 8,169 0.195 43 3,392 1,475 808 1,109 0.200 17 2,007 1,405 0 602 0.205 11 2,250 1,990 0 260 0.210 22 5,539 4,166 0 1,373 0.215 51 13,583 11,594 0 1,989 0.220 86 18,755 14,461 0 4,294 0.225 176 22,983 8,096 0 14,887 0.230 11 4,957 4,727 0 230 0.235 41 7,267 3,248 0 4,019 0.240 33 7,942 7,576 0 366 0.245 54 8,667 6,597 0 2,070 0.250 111 21,392 18,817 0 2,575 0.255 16 4,165 3,814 0 351 0.258 1 216 0 216 0 0.260 1 6 0 0 6 TOTAL 800 139,905 96,156 1,449 42,300

('',)

Bon3260      ( Date: 21-Mar-2011 15:24) Posted: ChinaGaoxian 0.220 muz hold. If not, 0.195 might hit tis wk... ('',) Bon3260      ( Date: 21-Mar-2011 11:07) Posted: 大 鱼 在 放 票 ... ('',)

 

Still ok la.... 0.44-0.19= -0.25 only...... better than delisted right ?? 100% lost !!  base on today fall ... very likely going to suspend soon.... monkey business in making !!

Bon3260      ( Date: 21-Mar-2011 16:55) Posted: Faint! My friend still holding 100 lots ChinaGaoxian @ 0.440... : ( GuavaXF30      ( Date: 21-Mar-2011 16:38) Posted: 0.205 done  !!! 0.20 close more likely

 

omg.....

 

China Sky, Li Heng, China FibreT, Foreland, China Taisan, China Gaoxian!

knightrider      ( Date: 21-Mar-2011 16:59) Posted: Both this counter and China Taisan is doing Fibre material for sport wears ! Both also drop until don't know what. I believe they use Japan machine ! Just guess !!!

 

 

ChinaGaoxian: May have some acctng issues on IPO proceeds as well as KDX authorities announcing disapproval for foreign listings. To be verified.

 

My broker told me

 

Faint!

My friend still holding 100 lots ChinaGaoxian @ 0.440...

: (

GuavaXF30      ( Date: 21-Mar-2011 16:38) Posted: 0.205 done  !!! 0.20 close more likely. Bon3260      ( Date: 21-Mar-2011 16:32) Posted: BBs'll make ChinaGaoxian close 0.220 / mayb abv 0.220 later. Even they 1 2 run, oso muz make ChinaGaoxian close nice nice... ('',) Always rmbr wat I said b4. Sell ChinaGaoxian when rebounce...