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yalor. the bengstar at biosensor also keep abit quiet liao. so, i think better rest. its about money, dun be too stubborn. u hold part of it that u dun need the cash at all. sell the rest to cut loses. u know if OPEC not willing to release the oil. All may incurr heavy loses too. Cry now, smile later.
i think the px for oil will decrease and ease. (not include war, disaster)
time to buy it will come but not now.
llssmm , if u are not so stubborn than would have saved u some $. i dunnoe where u got ur info from, but i hope u can learned from this lesson and move on. like young lady said, u can earn back when its time.
even for expeert. they unable to tell u market movement. Its all depend on economic. I believe u collected more than 50lots. cut ur loses, earn back when its time. Now is not the time if u don't have insider info
same fate as ouhua (IPO 38), it will soon or later trade below ipo
i sold all off liao. tired. llssmm ur BB not there lar. then got to wait till very long to break even. Dun be too stubborn. I think the oil prices will increases there maybe recession also. sell first. Incurr profit much later. like what other says hold cash. I sold left half price. haha. tomoro i guess will drop further.
it is not hard to see it touches 0.45 today..
i think got to hold until next quarter reporting to see movement liao. haiz. bloodshed on dow again. piang why this bear market not ending
ogos2992, i never know my call can make you earn some kopi money at labroy and chipengseng, ha ha.. good good..
personally, i think chipEngseng still got MORE rooms to rise up to 85 cents.. cross my finger.
as for sinostar, i have not taken any action today yet, i am waiting for a clear signal of reverse.
if u wanna follow FA than just hold, buy via FA means this counter has intrinsic value in future. if u follow FA, just buy and stop looking at it everyday.
But my advise is to see statment of a China co need to have a real brave heart, personally i dun trust china co. statment that much thus it is up to u to decide.
honestly, is this a long term stock? can it be viable? any experts on lpg gas and stuff?
My advice is that dun keep averaging, you will lose even more. Just keep you cash. Buy when the market is on the uptrend. Since we dun know when is the bottom, then we must well wait.
basically there is nothing wrong with the company. The reasons, I believe, from the diving share price are :
1) market sentiments - not many shares are gaining this period.
2) lack of "track record" as it's ipo only happen 2 months ago
3) lack of good understanding of Sinostar business - if you look into 2006 financial results, their business spike sharply in Q4, which is the winter season. This is the business seasonality. So, it will happen again.
The demand for its product is definitely there. The only issue now is how much of the increase in crude oil price can be passed on to the consumer so that their margin won't be eroded badly.
I'm vested in this share, and I intend to buy more. I'm keeping it for long term investment as I truly believe this is a business that can continue to grow despite any economy condition....people still need LPG for cooking, for warming.....demand will still be there for many years to come.
when will it stop? company doesnt look that bad.
still heading down
anyone can advise whats the direction for this stock? if it is going to holland more. i may have to even sell it all and look to invest elsewhere.
Hi Jackjames,
Previous call to buy Labroy & ChipEng Seng. Both counter earned me kopitiam$$$$$.
Now Seenostar, hope also can make...............This time starbuck kopilah.
dun put all your eggs in one basket. no matter how confidence you are, should not do that. I cut holding at 575 and now can buy back cheaper at 48. I an waiting to buy at IPO price 38c.
you are so wrong. i bought alot at the high too. i am just averaging it down. really wonder if i am doing it right? i sold my biosensor too. seems like no choice. cause this is where i really need to average down. and most likely to have a chance to rebound due to fundamentals.
seems like all recent listed china stock almost all hitting IPO price.
at least you never brought at a high... when the recovery comes, this star should soar..