Post Reply
1721-1740 of 2251
Welcome back Lucky and hope you get to re-enter HK...
BAML has just upgraded BEWG to " buy" as a result of their acquisition of plants. HK currently is unrated..when rated soon and after M& A activities like BEWG, HK will fly and 10cts is bye bye.
Second bearish harami candle came out today..1st harami failed to spark downtrend, will the second fail as well? Will trading go sideways an range 8.0 -8.4 before leaping to 10cts? Will rerating and a buy signal trigger from BAML trigger HK to 30cts in 6-9 months?
Lucky03 ( Date: 26-Sep-2013 21:01) Posted:
|
@warren_buffet: investors should figure out the future value of a company in relation to its price before investing
When Hankore was 3.4c-5c, I see value backed by its present earning and its future potential. While I agree that its future potential remains, its share price has run ahead of its present earning. Will await for Q1 result. In the meantime, I may not have gotten the best out of Hankore but I can't be sad as I've taken my profit. Stock market is cyclical and each stock does present its opportunity. There will always be risk in investing. Time to enter when opportunity avails and time to exit when the risk increases to a level that it makes me uncomfortable ... What goes up will eventually come down and it may not return to where it started or the price that I timed my exit but I'll have the chance to reassess when it takes a pause. I can't determine a value of a stock in its purest sense. I can see that many of you are doing well do far :)
When Hankore was 3.4c-5c, I see value backed by its present earning and its future potential. While I agree that its future potential remains, its share price has run ahead of its present earning. Will await for Q1 result. In the meantime, I may not have gotten the best out of Hankore but I can't be sad as I've taken my profit. Stock market is cyclical and each stock does present its opportunity. There will always be risk in investing. Time to enter when opportunity avails and time to exit when the risk increases to a level that it makes me uncomfortable ... What goes up will eventually come down and it may not return to where it started or the price that I timed my exit but I'll have the chance to reassess when it takes a pause. I can't determine a value of a stock in its purest sense. I can see that many of you are doing well do far :)
Spivvy ( Date: 26-Sep-2013 07:46) Posted:
|
Good to see more investors coming forward to speak with conviction of HK. HK tongers, already tong thru difficult days of 3c, 4c, 5c, of course can tong now with 7c, 8c, right? You must believe your own value judgment. CE
If all stocks go up in a straight line, forumers here will all be million / billion-aires ... lol!!
Alittle correction is healthy. Just watch for the moving averages for this counter.
If this counter shot up too quickly, then I'd sell... As the saying goes, anything that goes up real fast, comes down pretty fast and hard too... look at innopac... classic example.
boy1985 ( Date: 26-Sep-2013 16:08) Posted:
|
http://www.boustead.sg/News%20Coverage/2013/2013-09-23%20HanKore%20prepares%20to%20shift%20headquarters%20to%20Singapore,%20returns%20to%20profitability%20-%20The%20Edge%20Singapore.pdf
Pl read this report, those who have not. It says net asset value per share is 0.38RMB (or SGD0.08) and it has been trading lower than that unlike the rest at much higher than NAV, due to past history. However, things are turning around for Hankore ! So, those who CAN hold, shall surely see Gold soon !!
Only one day..how to ascertain lol
Spivvy ( Date: 26-Sep-2013 17:34) Posted:
|
i follow your call. Do you think its bearish?
cccx123 ( Date: 26-Sep-2013 17:27) Posted:
|
Suppose our BB does not want HK to be placed on the restricted list of brokerages, so don't want to let it jack up too quickly. Slow and steady wins the race. Though if it breaks 8cents, I will have to consider my options.. I don't believe the UOBKH or KE reports.. They're the ones who will attempt to bring the stock down. They're probably reporting what they will make occur or try to. Let's see which BB is stronger. Bull or bear..
looks like it started to downhill again....
If 0.080 doesn't hold...then retrace to 0.07 as wad UOB Kayhian is suggesting..U.S debt ceiling tingi..pple start to worry again
moneycow ( Date: 26-Sep-2013 14:14) Posted:
|
sleeping
HK px can go down or sideways before moving up. LT still intact.
moneycow ( Date: 26-Sep-2013 14:14) Posted:
|
Looks like the music have stopped for hankor.
It move so fast and so much in a day. Many must have thought it would fly further and got on board near to 8 cents and it have stop moving....... when it moves so fast - some contra players must have thought they can make some coffee money from it - but likely got burnt.
Settlement day comes - cutt.........
Market today v boring. Like nothing down and nothing up. All walking along the side. Fund managers preparing EOM portfolio report liao.. Only retailers playing..or running away after ytd's lift off.
My thoughts is when that happens, SELL first and think later. If you see red across half of the pennies board, you should be red-alerted liao. Depends on how strong your conviction is for HuatKOr. BUt no matter how good prospects, all will follow markets which in turn looks at the overall macro environment. Dont just look at how good a single stock, or a single sector is. To be prudent, we should look at the overall macro as well. If macro is not well, all stocks will kena one way or another. I feel most importantly also look at the trend. If it is still on an uptend, then stay on. If it turns down or sudden drop, you should just sell and look to re-enter again when it goes uptrend again. $ is made when others make mistakes. So when that happens, it would be a good chance to acquire hankore again at a low low price. If the whole world indices start dropping like mad, would you take the gamble to hold on to a stock that you like, with the belief that it would not get hurt regardless of the overall picture??
starlene ( Date: 26-Sep-2013 08:51) Posted:
|
Spivvy and mrwise...It seems most pennies start to rally..could this be the last leg or end of 5 year rally after Lehman fiasco...Hankore may also not be spared once Albedo,Topglobal,etc and all start dropping like dominoes..yr invaluable views plse
Mirach is a multi-bagger already, and yet it hasnt been dumped.
However, as long as uptrend is intact, im willing to wait out & see what happens. I will be on nimble feet once CNY is over, especially if HuatKor's trend reverses. I will be counting on you guy's technical expertise all the way. HUArt ah!
cccx123 ( Date: 26-Sep-2013 07:55) Posted:
|
HK's share price has move upward from 5.0/5.4c to 8.3c within one month, more than 50%. Unless you compare with speculative counters, this is a commendable increase. HK's move is steady, almost daily over the last two weeks, reflecting more a re-rating rather than speculation and there isn't any new project announcement. We went through period when even with projects' expansion, the share price stays stagnant. Once new projects kick in or FY14 1Q reports confirm surge in earnings, HK will move faster. BB is preparing the base, foundation once solidly built can withstand storms. The real test will be if pennies euphoria died down, where will HK fare compared to others? But I would rather the party continue awhile more for HK to pierce through 2-D and form a base/set home at 2D to prepare for 1Q announcement or TOT whichever earlier. I started collecting HK in April 2012, and I must say now HK has a more sustainable pattern than before. It is important to own company's share that you can sleep in peace. HK fits that category for me now.
Spivvy ( Date: 26-Sep-2013 07:54) Posted:
|
First of all, we compare this stock with those of Mirach, Geo Energy, New Wave, etcetera. Those stocks issued stocks to potential substantial shareholders through loan guarantees or private placements. In the case of HK, there hasn't been any news regarding that of a new substantial shareholder besides that of Alan Wang, and Wang is no corporate raider, as evident by his holding on sino-grandness even after more than doubling his initial outlay.
Secondly, there definitely is distribution during the rise up, as evident by sudden drops in price despite seemingly insurmountable support levels. However, we can rest assured that with the presence of wang, and maybank ke's support, the stock price will not plunge below NAV levels.
Third, in order to foster a pump, and subsequent dump, the price of the stock has to increase by percentage points in excess of 150%, usually more. Otherwise there wouldn't be much of a profit. We can assume that the stock from 3.9-5cents were accumulated by Wang, whom we have determined is no dumper. This means that the current operator got his stock at around 5.3cents or so at the cheapest. So do your calculations.
Of course, I might be wrong.. But the uptrend, both ST and LT appears largely intact.
Secondly, there definitely is distribution during the rise up, as evident by sudden drops in price despite seemingly insurmountable support levels. However, we can rest assured that with the presence of wang, and maybank ke's support, the stock price will not plunge below NAV levels.
Third, in order to foster a pump, and subsequent dump, the price of the stock has to increase by percentage points in excess of 150%, usually more. Otherwise there wouldn't be much of a profit. We can assume that the stock from 3.9-5cents were accumulated by Wang, whom we have determined is no dumper. This means that the current operator got his stock at around 5.3cents or so at the cheapest. So do your calculations.
Of course, I might be wrong.. But the uptrend, both ST and LT appears largely intact.
Spivvy ( Date: 26-Sep-2013 07:42) Posted:
|