China Paper   

China Paper

teeth53, congrats on CP, but please see the comment by made a guru on my posting at my blog, do take care.

 

I tot CP will go red, instead is green, horay, strong heh.. up +.005cts on vol 18.391mil shares, even tested to 42cts, but closed at $0.405cts, got reason to be happy liao, must hv good reason not to..

 

Extracted from my blog http://kelongstocks.blogspot.com Please support my blog if you find the writeup informative. [b]Technical Analysis[/b] Open Market Disposal by AIG South East Asia Fund and AIA Singapore Growth Fund after sales by directors dampened sentiment on this counter, causing prices to gap down and fall from 49 cents to hit an intra-day low of 38.5 cents within 2 days. Chart shows short-term downtrend (see downward sloping thick red line) but prices have since held above 50 day Exponential Moving Average (EMA 50) support which was tested during the sell-down and in recent days. .............continued at my blog not vested here, just posting my own objective opinion

 

Thank Gallen & bullrun for reasonable comment on CP, look like CP hv attracted alot of Fann..like d other side of the coin is busy ironing out who is better and who is not or who is rite and who is wrong, time will tell, be patient, when time is rite, will let go, vested here. maybe a case of sell at 48cts, so as to buy back cheap, but but been spoilt by 3rd parties. D funny side is some suger daddy is collecting, so as to collect more $$$.

 

Nothing had changed for CP between Q4FY05 to Q1FY06. So, I don't expect any significant changes if you compared the Q-Q. Inspite of everything being the same, CP still manage a 2.4% improvement which is good. Production capacity will be increased bt 20000mt by Q3FY06. Company is preparing to start selling coated paper which will have higher profit margin..... All this are indications the the best is yet to come!!

 

Please "support" my blog if you find the writeup informative hor, thanks!

 

Extracted from my blog http://kelongstocks.blogspot.com [B]1Q FY06 results analysis[/B] China Paper reported 27% rise in revenues for 1Q FY06 compared to 4Q FY05, however, net profits only improved 2.4% QoQ due to tax expenses (expiration of tax exemption period). Excluding tax expenses, net profit margin would have been 25.3%, similar to that achieved in 4Q05. ..........continued at my blog

 

CP result 1stQ net profit rose 55.1% to 42.57mil yuan due to stronger sales of printing paper. jus don't know why CP CEO sell so fast at 48cts in d open mkt, he should at least sell it to institute or fund mgr at higher px with this result, likly another 20%-30% more into his pocket if CEO jus wait for a few more days, KE recommention isit still on at $0.65cts? Jus a short sightedness on his own baby. Anyway i C nothing wrong w/CP business.

 

Hahahahaha...... China Paper FY06 Q1 result is out! Profit surged 55%. The best is yet to come!!

 

Wahh.. U oso 40cts, no wonder i q oso can noy get it leh.. and oso i think hohh... Paper business in China still bery bery good. on going business, imagine alot more ppl is to going to use more paper, oso hohh.. I tell U some ppl don't believe their word no long trusted, so d word is sell sell sell, well it sell down from 50cts to 40 cts, then what?, avoid it or what? wait hv patient, when new one take over, then what? nuy at a higher px !! is ur $$$, ur decision..do ur home work 1st.

 

Should run soon. Q1 result coming...I guess raw materials price for making paper is not directly coorelated to oil price. Vest @40c.

 

Woww... with ur support. CP how to buy at cheaper px. Last 20mins B4 closing, 2.226 mil shares is bot up at 40cts. Q at 39cts to ave off, v difficult leh..

 

I'm in!!! Bought at 40c!! No risk, No gain!!!

 

CP still vested

 

hey teeth53, so how? you sell away CP already or you still hold on to it?

 

Today SGX (v small mkt)following Shanghai Index, China very bigbig mkt,so related stocks and CP stock oso down. execQ to take profit, what goes up must come down, what's down can oso goes up again, time for none China stock to run and oso to take profit too and when time for China runup, it'll..Since Jan06, maybe in may06

 

Brother, I will join you at 40 cents!

 

Hi scotty, hopefully and b4 i can finish my statement, here come d bull run again on China Milk. I really can go seow liao. still vested here. still vested in CP, i C nothing wrong with CP except KE don't trust their word anymore, so is CP sell, sell, sell, but oni end at .405cts, actual px target recommendation is $0.65cts. Here i do take my profit and go in at lower px.

 

teeth53...hope your dream come ture!!

 

China stock still in play with new IPO in d mkt while allowing none china stock to move (rotational play). 1st major correct is be cos of CAO, aft that almost all China stocks cheongg.. ahh.., but then follow by Temasek big sales offer, then smaller correct came in, in a form of C.paper and C.fish & many others, along d way, profit taking and buy back again, so it China play will continue it periodical run till oilumpic times, year 2008. This's maybe d beginning of China oilumpic run.