
At least in the process of waiting you get some dividends, quite good already, better than nothing. I find MACD buying momentum is improving, think have some patience, volume will increase soon. I think 0.53 is good buy but cannot contra. This counter if run will be fast according to past history, at least 10cts. Good luck!

no volume lah, few hundred lots each day only. i've been waiting patiently for it to go up................. for years liao. lucky it never fail to give dividen each year
After resting for so long, it's time to wake up now. Last week volume start to pick up, can take note!

Challenging new high of 0.625 once again.

What causes the decrease in margin? Not a positive sign.
sales of mobile phones is increasing but longcheers margin is decreasing...
Sales of mobile phones in China increased 40 percent year on year to 120 million units in 2006, according to deputy chief of the China Mobile Communications Association Xie Linzhen. Xie said China had become one of the world's largest handset markets, adding sales would likely surge 25 percent to 150 million units this year, Xinhua News Agency reported. In 2006 China produced a total of 450 million mobile phones, of which 350 million were exported, he noted. According to the Ministry of Information, foreign mobile phone giants including Nokia and Motorala hold the lion's share of the market, while local mobile phone makers sold only 50 million units on domestic and overseas markets. Xie added global mobile phone sales climbed 25 percent last year, with total shipments reaching one billion units. Worldwide sales were expected to grow 20 percent this year, said Xie. He said the rapid increase in mobile phone sales was a result of a booming world economy which was allowing people to upgrade to a newer mobile phone more often. Last year the number of mobile users in China reached 461 million, up 68 million from 2005. "Chinese phone users on average buy new mobile phones every 21 months," he said.
If it's so easy to tell uptrend or downtrend, you would have gotten the answer by now!... hehe... :)
I subscribe to the same philosophy as you. I won't put in a trade unless the probabilty of success is high. If there are unacceptable signs of uncertainity, I'll leave it alone.
Hi chinkiasu,
Yes! I've decided to go on a cruise that was recommended by fortunegal.
coming from you Singaporegal, its a real compliment, madam...!! yes I am personally a bit nervy about the market I am cashing out and going for things that I am very very sure...... btw have U decided on your holiday?
chinkiasu is a wise person.
From what I see, the Acc/Dist and Chaikin charts are downtrending - not a good sign. But whether this translates to a sudden drop in price remains to be seen.
personally if you are not sure of the direction, better dont bother urselfs on this counter.... put your hard earned money else where.....
yeah im curious as to whether its uptrend or downtrend as well
yes, but uptrend or downtrend?
Hi Singaporegal,
Your big price change UP or Down ,me still holding 30lots @$1.08cts.Please advise thank you.
Bollinger bands are extremely tight for longcheer now. Some big price change may occur soon.
I think this counter may have some good news coming ............
haha i juz hope can cheer even if have to wait long long. as long as dun "long chia" (car crash)
Still must wait long long to cheer....
wow, so resourceful ! news from India Times