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1141-1160 of 4996
Has plunged 10% today already...Anybody knows why? Closing price on KRX down only 1.1%...don't tell me another China Hongxing or Hongwei coming up...
Today most of stocks go up and this one goes down so much.
Sigh!!!!!
scarley a sudden turn up.......then good huh
james87 ( Date: 21-Mar-2011 14:27) Posted:
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Huh....korea side up...SGX side drop??
大 鱼 在 放 票 ...
('',)
You call SGX Gaoxian mother share?
its mutually exchangable on both sides bro.
rickyw ( Date: 18-Mar-2011 13:12) Posted:
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bro, usually after dual listing..price will down on mother share...
medivh ( Date: 18-Mar-2011 11:46) Posted:
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Answering your qn with another qn: Wouldn't you buy something cheaper here and be able to sell higher there, provided that you know you can sell higher when the transaction has been realised?
Analogy: If two brand of apples are exactly the same in freshness (or rottenness some may say, cause they say its GaoXia aka dog poop instead of GaoXian) and sold in different places, shouldn't the price be similar or at least comparable?
james87 ( Date: 18-Mar-2011 11:25) Posted:
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Hi medivh ...so you are implying the share price should move up to at least be comparable to that of KRX 28c?
Thanks so much
medivh ( Date: 18-Mar-2011 10:54) Posted:
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Must understand, fungible shares...
KRX now trading at 28c
SGX now trading at 25.5c
So you know the picture now?
Look like it is getting to move up day by day. Interesting.
From you point of view...would Gaoxian reach back 40 cents?
This is the price where IPO at Korea. It will go to that level and beyond. Now, that get what they want. It is about time. Despite they are close to Japan & their neighbour constant treat, it still moved up quite a bit with huge vol. Interest is still there. Very aggressive. Ready liao.
It will be a different dual listing candidate.
Have also considered Taisan before, but after much consideration, the pattern is like China Paper, mission aborted. Despite better result, it will be range bound. Safe in the sense that it will not drop significantly but it will not move up either.
My 3 cts.
Vanpersie ( Date: 17-Mar-2011 00:00) Posted:
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The stock seems to hv stabilised at 24 cents, where the PE is expected to be 4.5 X this year's earnings.
This is based on UOB KH's forecast that I find in
http://www.nextinsight.net/index.php/story-archive-mainmenu-60/912-2011/3427-eratat-lifestyle-china-gaoxian-what-analysts-say
In that case, seems like a cheap stock with an earnings of RMB555, or about S$107 million ...This business is generating a sizeable net profit!!!!
This is based on UOB KH's forecast that I find in
http://www.nextinsight.net/index.php/story-archive-mainmenu-60/912-2011/3427-eratat-lifestyle-china-gaoxian-what-analysts-say
In that case, seems like a cheap stock with an earnings of RMB555, or about S$107 million ...This business is generating a sizeable net profit!!!!
0.235 now...
maybe wait for 0.21
niuyear ( Date: 17-Mar-2011 11:41) Posted:
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This one can buy now? :)
What do you mean by saying Singapore side support at 40.5 cents...
Any idea why Korea side rose so much yet it is a different picture here? Anybody sees upside trend for this counter?
Singapore side support at 40.5cts. Korean resistance at 4900 won. Now it has broken with high vol. Hope this will continue.
Korean side closed at 28.2 cts (5000 won). Highest 29cts with huge Buy up. Waited & waited. I think it is time to move beyond the previous high.
Bought more at 22cts.
I think this counter has built a base liao and ready to move back higher.