
CCI chart say classic positive divergence; price making new lows but CCI fails to surpass previous low. Classic divergence is usally followed by a correction in the price. Expert in TA, any comments?
Yes, i fully agree. Oil prices are cyclical anyway. I bet when the oil prices go up, these counters will go up like crazy!!
Think it is good time to accumulate? Wat do the gurus think?
ChinaEnergy must have stolen the limelight from this 1.
Net profit margin are only 4%. But PE ratio only stand at 2.x ....must say people have to think carefully whether this is worth the punt. Remember ferrochina was suffering the same fate when they IPO. But look at them now.
Net profit margin are only 4%. But PE ratio only stand at 2.x ....must say people have to think carefully whether this is worth the punt. Remember ferrochina was suffering the same fate when they IPO. But look at them now.
my friend, this is a RMB$3b revenue company dealing with oil products. How many companies now listed in SGX with >1b revenue, & profitable, & is trading below 50c?
if you believe in oil, then have faith in this company, my friend!
vested, not to say.
I mean alots got burn by this counters from day one untill now, personnally i will wait for better opportunties before deciding...
isit still good to enter considering thar px has gone from a high of 60c plus plus, now trading aroung it IPO px or wait, care to advise, any Guru out there!!. Thk Qs 1st.
ipo price. look at have to keep for a long time
First & Final Dividend of US 0.9 cents per
ordinary share
Total payout of RMB27.9 million representing
30% of FY2006 earnings
Dividend yield of 3.84%
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4CA69ED453884C24482572900056B3EA/$file/FY2006ResultsPresentation.pdf?openelement
I'm still holding on to this. Might stock up a little bit more. At the same time, also scared if it drops even further.
Thats just me.
Should be by 28 feb.
I think this one is good for long term. its an energy stock so I don't think it can be that bad
Anyone has any idea when the full year results will be out? Thanks
Anyone has any idea when the full year results will be out? Thanks
get out before it drop to 30 cents
ya lor
Should be outah
worst counter of all IPOs...
should I wait for result out first or now... that's the question?
Seems to be still on downtrend
must confess that i personally think my purchase of this ouhua is a big mistake.
vested at 48 & will start to do some sale next week
Ouhua should meet revenue target, but the profits might not be impressive.
The management intends to postpone their tax incentives to FY2007 instead of FY2006. IF it continues to drop further after the release, might not be wise to hold. Just an opinion.