Z-Obee   

LISTING IN HONG HONG

Bought 0.205 last week, luckily hold on tight, many times feel like selling but it seems like supporting at 0.19, maybe accumulating or waiting for the uplifting of suspension. Today's jump may hint more upside, volume increase suddenly, congrats to all in the trade!

 

Z-Obee dual listing is back alive....the game is "ON"

 

Good news??

Progress of HK Listing application:

Reference is made to the announcement of the Company dated 22 December 2009, where the Company announced that the review process by the SEHK for the HK Listing was suspended. SEHK has informed SinoPac Securities (Asia) Limited (“SinoPac”), the sponsor of the Company in the application for the proposed HK Listing, that the SEHK is not suspending the listing of companies by introduction and the SEHK will continue to review the application of the Company for listing by introduction. Hence, SinoPac had submitted a proposal, on behalf of the Company, to SEHK on 29 December 2009 regarding possible measures to provide sufficient trading liquidity for the Shares in the Hong Kong market. This subsequent proposal to the SEHK is still pending approval from SEHK. 

 http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_379A1F49378859184825769C0011E21A/$file/Z_Obee_Results_of_SGM.pdf?openelement 

 

Today, this Zombie is coming up shui-shui... and  wish that it will continue its uptrend all the way ushering to the New Year 2010...

I am tempted to buy more to average up, I did not show-hand, since it is now on the up-trend... Zoom-bie...now

chartist2009      ( Date: 30-Dec-2009 09:41) Posted: consolidation wave 4 completed, towards wave 5 (uptrend)... chartist2009      ( Date: 23-Dec-2009 09:57) Posted: The hongkong only suspend the application, but not terminate. Base on my elliot wave, currently in wave 4 (downtrend), believe these few days, it going in consolidation. later move on to wave 5 (uptrend).

 

Really have to ask myself whether this speculative counter is worth a consideration. Is the uptrend sustainable or up fast down fast mode....

 

consolidation wave 4 completed, towards wave 5 (uptrend)...

chartist2009      ( Date: 23-Dec-2009 09:57) Posted: The hongkong only suspend the application, but not terminate. Base on my elliot wave, currently in wave 4 (downtrend), believe these few days, it going in consolidation. later move on to wave 5 (uptrend).

 

I bot @ 20 cts last week.   Sold this morning @ 20.5 cts.   Heng

 

Anyone cut lost this mornibg ?? otherwise will be no more chance for this time.

 

I can see that the price and vol is coming back up.

Any news on the dual-listing? Is it going to be approved?

If not, what probably has caused it to rise?

 

Z-Obee Holdings: dual-listing application hit a snag

Shares of Z-Obee Holdings dived some 20 per cent yesterday after its dual-listing application hit a snag. Z-Obee, a China-based firm which makes mobile phone handsets, said on Tuesday that the final review of its dual primary listing application on the main board of the Stock Exchange of Hong Kong (SEHK) had been suspended.

The company said the SEHK had suspended dual- listing applications by way of introduction due to the 'recent price fluctuations' of the shares of companies listed through this form of dual listing.

24.12.09

 

jialat.. high volatility stock is risky... stick to my trusted counters..haha

 

 

My same blood bro's friend bot 50 lots Z-Obee @ 0.245. He was dot cheap dat day & hv asked sm pple 2 buy too... & till now, he's still holding it. Faint!!! : (

Bintang      ( Date: 25-Dec-2009 10:25) Posted: Technically , if   Z-Obee  still remains downtrend next week , n unfortunately it closes  at 15 cents by next weekend . Then it would form a very bearish monthly shooting star . Bintang      ( Date: 25-Dec-2009 10:11) Posted: If after breaking the support n fall to another low at 15 cents , there is no point to make an entry , because it would go into down trend or sideway , then the share price would be traped in a tight range . Take China XLX which is a good example to follow .

 

Technically , if   Z-Obee  still remains downtrend next week , n unfortunately it closes  at 15 cents by next weekend . Then it would form a very bearish monthly shooting star .

Bintang      ( Date: 25-Dec-2009 10:11) Posted: If after breaking the support n fall to another low at 15 cents , there is no point to make an entry , because it would go into down trend or sideway , then the share price would be traped in a tight range . Take China XLX which is a good example to follow . smartrader      ( Date: 25-Dec-2009 10:01) Posted: so what is the entry price ? 15 cts ?

 

i guess wait for sub-10 cts level...haha

 

If after breaking the support n fall to another low at 15 cents , there is no point to make an entry , because it would go into down trend or sideway , then the share price would be traped in a tight range . Take China XLX which is a good example to follow .

smartrader      ( Date: 25-Dec-2009 10:01) Posted: so what is the entry price ? 15 cts ?

 

so what is the entry price ? 15 cts ?

 

FA does not have any impact to its chart formation .

smartrader      ( Date: 24-Dec-2009 19:32) Posted: FA ?

 

FA ?

 

The appearance of the weekly shooting star has confirmed  the direction of the trend next week . The short term support is at 18.5 cents which looks fragile , breaking which may go down rapidly to 15 cents .

Bintang      ( Date: 23-Dec-2009 15:45) Posted: Assuming the closing tomorrow for Z-Obee is at 19 cents , then the weekly chart would show a trend reversal signal  , it would be a weekly shooting star , it would do nothing good in next week trading . Bintang      ( Date: 23-Dec-2009 09:22) Posted: No , the game is over

 

This counter is not end of the world yet....