China Paper   

China Paper

Worth the risk!! Plan to go in at below 40c!

 

CP got strong business support, closed at 405cts(-1ct), those believe in this stock can still hold it. Dividend of RMB 0.111 is closing on 4/05/06, date payment 22/05/2006. Any idea it exchange rate ??.

 

Oop. Sorry here, i got d px wrongly posted should be down .015cts to $0.415cts. I got it mox up with SunEast, v sorry yah..

 

like every C.stock, C.paper oso went down on profit after it run up from below 49cts late last week till it hit 54cts. today closed down .015cts to 515cts, have a break have a kitkat, like every C.stocks.

 

CP on profit today -1cts, to 43cts, will hv to take a short breath b4 interest ppl start coming at it again. jus like C.milk.

 

Should be able to break 45c soon and may test 48c in the next few days.

 

I still cannot figure out why the volume had been so high and price keep going up again.. but who care! This is how an active stock market should be!!!

 

China paper (low grade papers on cheap offer)!! lai ah..lai ah.. cheap sales.last offer is going, stock running low liao. New stocks arriving soon and is abit more expensive to buy, tested 45cts, closed at 44cts +015cts or 3.5% more expensive. vol 50.4mil shares changed hand. New stocks can last longer..liao, remain vested here.

 

Volume vey high, it looks like it is going to go uo further!

 

C.paper is on d move again, up 2.4% (+1ct) to 0.435cts on vol 7.6mil shares. tested 44cts liao. Yes.No doublt about it support level and interest shown by vested player

 

All look fine....this week will be an exciting one for China Paper..

 

Selling by directors and AIG Funds caused the price to fall.

 

90cts??. Hv to wait.. not today, not tmr, 90cts is ok to dream and U maybe rite memm..... Hv to sell out lousy toilet paper 1st (Ex-stock low grade paper on cheap offer) B4 d good grade paper arrival (correct!!), gd paper is oso more expensive to buy, my dream is $0__O$ and is worth watching (._.)B4 U know it, all low grade papers on offer is gone liao.

 

In my dream, CP worth 90 cents!!

 

Jus wodering who those big boys buying 48cts, then down to 40cts and now 43cts. (strong support here).Ithink they got some vision for CP, Paper business, a strong & good demand in China and owner is left with 24% (SGX news)to hang on,. Humm... if left in good hand, the eventual new winner may up it stake and cross 48cts. What next , i leave it to ur imagination. I think seller got short term view (will regret memm..)for selling out it own b..too fast.

 

Look at what big boys did to their CP and yet ppl said it with their action. Humm... jus wordering what is so kiasoo about them China Paper Lia, Lia. Monday Ai Cheongg... liao last closed up + $0.025cts

 

CP seemed to have hit the bottom and rebounded... Inspite of many negative news, it can still hold well above 40 cents...Look like the worst is over!!

 

ya, I'm a small normal investor and I follow the rest.. Sold off at 45 cents! Not that good compared to a high 50 plus cent but no complaint since I still managed to make good profit. Seriously, I plan to go in again at 38 cents as I believe all is fine with this company. I remember the basic principle of Value Investing..Buy from fearful and confused investors and then sell to greedy punters!! And now it is the best time to buy!!!

 

Bullrun, I hope you managed to make a profit? within a week's time, it fell from about 0.495 to 0.4 yesterday.

 

Hi Singaporegal, I wouldn't be surprised that all indicators are showing negative signal since the share price had moved down by almost 20% in 1 day. I managed to get out at 45c!! I'm planning to buy back if price drop further. My guess is that nothing is wrong with the company. If there is the so all accounting problem, then it only make sense for the dir to do share placement to raise money to make the account look better!! They did, instead sell at open market!! That means that the company don't need the Cash. Also, to selling such huge amount of share at open market will invite a lot of attention. Wouldn't they asking for trouble if somethings is amiss with the coy?? Just my personal thoughts....