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i am also patiently waiting for this baby, on hand 275lots, will cry if the AGM did not have any good news
got ppl collecting this one leh......12cts 83 lots.....just eat up liao....but also careful not to push up the price......hehehe....very soon got buy at 12.5 cts liao.....2 days more to AGM......must have good news from the board........the can move faster......
yeh! another cup formation liao.......140110 to 260410.........nice cup......wait for handle lor......up .05cts though only 1 trade ...does it mean no body want to sell or nobody want to buy..hehehe ...alittle of both...........just wait for the AGM ...hehehe this thursday
samething repeated.......last 15mins...eat up all 12cts.......lets see next how......may no more 12cts ...start to eat 12.5cts liao.......
Barring unforseen circumstances,The directors expect the group to be more profitable for the whole of 2010 as compare to the whole 2009. this want is the directors view lor.....hehehe.......happy investing in lorenzo.......
another thing also that there is a extra 1 million use d to relocate the factory to the new one .this figure and the 2 million write off......3million leh.......non recurring expense......you do the sum lor..........hehe....again tis is my view only hor
one of the reason why i m confident.......hehe......168000000 share only.......now eps......0.76cts..net profit after all 1.282 million........can it double it profit? my view is yes.....cause even maintain at same revenue,it profit can double.......as last fy there is a one time writeoff of 2 million.....as i post earlier...eps shld be 1.95 cts....so if as mention in the annual report by the ceo that there is good growth this fy.....wat wld you think.......my rough est. easily ...2 to 3 cts....at this price is 4x pe.......go look at other manufacturing furniture stock you will understand........
hehe......glad that my posting give you some comfort....but pls do your owe research..hor...my posting is base on my observation only..may or may not be right...hehe........wat i post also from the annual report..hor.......can go read it at SGX .....or their company website......ok...........if you beleive in the stock have confidence in it.....keeping 6 months is not long leh......you brought during last oct high.....for me (my view this stock ) shld be able to go up to nav price once this coming half yr result.........expected to be good......(they report half yearly).....more over low vol trade......if good result who knows may want to issue more share to make it more liquid.....hehehe....
rachael ( Date: 23-Apr-2010 12:33) Posted:
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Hello Lawcheemeng, so glad to see your posting, I have been holding on to this stock for so long about 6 months already. Since it has not been moving for so long, i was thinking of cutting loss to move to other stock. Most of my funds are in this stock now.
Yes ! cup formation liao.....now wait for the handle.....from 140110 to 220410....hehehe small one only.....got chance to correct a bit then move up to form the handle.........
great ! finish up .05cts....notice the sell vol vey thin.....but there is always someone qeuing to buy.....as 11cts finished.....q 11.5cts....as the 11.5cts finish....start to buy at 12 cts.....antway this process may last another couple of weeks than.............
slowly creeping up liao!....last one week some one have been acculating at 11.5 cts ....everytime got Q at that price eaten up....usually last 1 hr of the day....watch out for this one folks....hehehe......NAT 19cts hor trading at this price........cash Per share..is 8plus cts.......168 million share in the market........last yr earning shld have been 1.95cts per share if not because of closing of unprofitable bu8siness.....poise for good grow this year.....read for yourself in the ann report SGX....hehehe.......
I use this method on HTL international this year see the directors keep buying up.. from 9cent. annouce relocation to china and vietnam and closing singapore factory. Now 40cent fat profit.. Too bad didnt load up alot.. (make small gain, but high percentage)
that is a very good and practical way to find out. Due to my nature of job, I have to visit these companies often and I see their management quite a lot. What I can say is, you can try loading some if you can afford, but dont blame me if you make loss. The news I got made me loaded at 0.135 earlier, apparently its price now is much lower, but I am expecting the sunshine soon. and if you go in now, you can get much lower price than mine.
Ying Li, previously Showy; I loaded quite a lot when I heard that Ying Li was taking over.
I read people saying Showy is a loss making company, but as far as I know, the company is making profit, although not as much as Ying Li; I sold those recently and made quite a fortune.
so my suggestion is to load some, but again, you are the one deciding.
knightbridge ( Date: 26-Oct-2009 20:17) Posted:
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check if their are alot of insider buying up. If not dont buy.... got office in singapore, check whether some of the managers anre putting their hard earn money inside. Usually works
cost will be driven up so sure, but Lorenzo claims that this will pump up their production by up to 150% more, this could translate in more profit; although it probably will only happen in the much later part.
New plant means more money spend to start up and relocation, is that gonna increase the cost hence next Q profit will be low?
any thought? should I go in?
seems like there is a little action now!!
hi all the bros, need your advice here, I spotted Lorenzo hiking to 0.16 few days ago, but now seems to be staying at 0.125 without much volumes.
given that they are setting up a new plant to increase their production volume, any bro think that this counter is worth buying?