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Maybe this will score first scandal of the year !!
Creditor*
Gone Case.... Think must be some debtor demanding money or converting into shares?
M & A ?
Jackpot2010 ( Date: 22-Feb-2011 20:44) Posted:
| Maybe rights issue or placement. But cash position quite good- zero gearing, so no reason to do so when px is so weak. Looking at the sharp fall b4 halt, can't be anything good. |
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Maybe rights issue or placement. But cash position quite good- zero gearing, so no reason to do so when px is so weak. Looking at the sharp fall b4 halt, can't be anything good.
good / bad news?
Oh no, big paper loss!
bryansng ( Date: 22-Feb-2011 19:44) Posted:
| What's the announcement they are going to likely make?
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What's the announcement they are going to likely make?
This is my biggest worry today.........becos everytime H is always bad news. And it is very unfair to retail investor.
H only after so many stock has flowed.
Never vested before.......but very worrying. I wish you good luck. Hope that I am wrong......
the idea is to sell it down before other people learn the news from official channels.
then once it is announced, you can tell people the news, because you have already sold.
GuavaXF30 ( Date: 21-Feb-2011 10:42) Posted:
Wow. Big sell-down today. Any news anyone ?
marubozu1688 ( Date: 26-Jan-2011 22:24) Posted:
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HALT
Submitted with respect to: CHINA HONGXING SPORTS LIMITED Announcement Title: REQUEST FOR TRADING HALT Broadcast Date: 22-Feb-2011 Broadcast Time: 15:36:07 Stock Code: BR9 Reference No.: 00038 Announced by: CHINA HONGXING SPORTS LIMITED Company Registration No.: N.A. Submitted on behalf of: CHINA HONGXING SPORTS LIMITED Submitted with respect to: CHINA HONGXING SPORTS LIMITED Name of Announcer: Wu Rongzhao Designation: Chief Executive Officer and Executive Director Broadcast date: 22-Feb-2011 Broadcast time: 15:36:07 Price sensitivity : Yes Contact No.: 85260821780 Submission date: 22/02/2011 Submission time: 3:35:51 PM Date of Trading Halt: 22/02/2011 Time of Trading Halt: 1540 hours Reasons for Trading Halt: Pending for an announcement.
95% of the stocks suffer today....traders take profit ...take cover... take money away from the table...
(Reuters) - Oil prices jumped a dollar and Asian stocks slipped on Monday as spreading tensions in Libya and other oil-producing regions encouraged some profit taking after last week's solid gains.
Wow. Big sell-down today. Any news anyone ?
marubozu1688 ( Date: 26-Jan-2011 22:24) Posted:
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The pattern is more of Cup with Handle than Triangle, anyway both are positive. Base on my TA, i think it's in process of making the handle and might end soon when it do breakout with big volume.(If the pattern is correctly predicted). This may bring a target of $0.225 which is also close to it's previous high. Hope info can help out.
bryansng ( Date: 07-Jan-2011 16:04) Posted:
from my analysis, i am looking at China Hongx to be a symmetrical triangle and it has just broken out of it apex. It seems to be a continuous uptrend pattern. I analysed starting from august to january. roughly about 4months. Within the specification for symmetrical triangle.
teeth53 ( Date: 05-Jan-2011 17:57) Posted:
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anyone watching this counter?
bryansng ( Date: 14-Jan-2011 10:29) Posted:
Yes. It is building the buying pressure and i believe the price will shoot up once 0.185 is broken. We must be careful, it can be correction. So take a 3days or 3% as the guideline.
cheongsl ( Date: 13-Jan-2011 07:10) Posted:
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So Am I. Pressure might have built up due to strong resistance at 0.185~0.19, that is why there is a problem in protruding up. If the 0.19 is break the sky will be clearer. |
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Yes. It is building the buying pressure and i believe the price will shoot up once 0.185 is broken. We must be careful, it can be correction. So take a 3days or 3% as the guideline.
cheongsl ( Date: 13-Jan-2011 07:10) Posted:
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So Am I. Pressure might have built up due to strong resistance at 0.185~0.19, that is why there is a problem in protruding up. If the 0.19 is break the sky will be clearer.
bryansng ( Date: 13-Jan-2011 00:08) Posted:
Im looking at it to be a positive trend. Head and shoulder reversal with correct CMF and OBV... good sign of symmetrical triangle that is going uptrend if it breaks 0.185.....
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So Am I. Pressure might have built up due to strong resistance at 0.185~0.19, that is why there is a problem in protruding up. If the 0.19 is break the sky will be clearer.
bryansng ( Date: 13-Jan-2011 00:08) Posted:
Im looking at it to be a positive trend. Head and shoulder reversal with correct CMF and OBV... good sign of symmetrical triangle that is going uptrend if it breaks 0.185.....
GuavaXF30 ( Date: 12-Jan-2011 12:06) Posted:
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A little dissapointing. After recent rush up, now stagnate. Worrying as the ppl who bought up may have timing issues... tread carefully. If it does not break out higher from here in the next few days, it may drop back to 0.16..... :( |
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Im looking at it to be a positive trend. Head and shoulder reversal with correct CMF and OBV...
good sign of symmetrical triangle that is going uptrend if it breaks 0.185.....
GuavaXF30 ( Date: 12-Jan-2011 12:06) Posted:
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A little dissapointing. After recent rush up, now stagnate. Worrying as the ppl who bought up may have timing issues... tread carefully. If it does not break out higher from here in the next few days, it may drop back to 0.16..... :(
bryansng ( Date: 10-Jan-2011 00:11) Posted:
| I'm taking this counter as Head & Shoulder Bottom from Sept 09 till now. However, need to watch out for Head & Shoulders Top from Sept 10.
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A little dissapointing. After recent rush up, now stagnate. Worrying as the ppl who bought up may have timing issues... tread carefully. If it does not break out higher from here in the next few days, it may drop back to 0.16..... :(
bryansng ( Date: 10-Jan-2011 00:11) Posted:
I'm taking this counter as Head & Shoulder Bottom from Sept 09 till now. However, need to watch out for Head & Shoulders Top from Sept 10.
cheongsl ( Date: 07-Jan-2011 21:47) Posted:
| Buy pressure still continues, with a highest of 10k lots buy up, and many of the transaction are above 1k lots |
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