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call me mad. i bought 50 lots at 0.49 again. hey i practically dumped my money into this stock liao. if it holland more. i am so dead
wait a while, u could buy like ouhua's price, wait more longer, maybe sunvic's price. patience man.....
i haven't bought yet!
lucky me, I bought chipengseng instead.. but sold at 0.70..
so now, I am back to see which counter to buy.. DonOn79 is right, how low it can go? but i think the market sentimental is still bad, can go even lower... like to bottom fishing, but this counter been bottom since 0.55 until now..
at current price, i also think it is cheap enough to buy.. how low can it go? fundamentals are strong, Propylene and polypropylene are very in demand. You may not realised it but you come into contact with products that are made of these two petrochemicals everyday.
go down everyday. sian
others who are consider to buy, i suggest hold till at least the sign are better n clearer. this counter may dip everyday.
jackjames, from 79.5 until now you still haven't bought ah?
WARNING = BUYING opportunities?
price low at $0.49 damn cheap now!
Gentleman, I might purchase this "gem" today, check this out!
Sinostar = Sinister?
yes. of course, the accountant know how to help them to write off the losses in a legal way. account can be manipulated easily. Furthermore, dun you think it is easier post a negative growth this quarter than to substain growth for every quarter.
If not like that how can the share price be pushed down, how to buy cheap cheap.
Market is dirty.
wait a minute, the way you say is really misleading, are you saying they purposely write-off whatever bad debts or losses at 3Q as they know the market sentimental is bad? and show a better 4th quarter later? is this the normal practice and legal to do in this manner?
if so, I am speechless..
Operating cost may be one of the reason. Accounting figures can be manipulated easily. If the sentiment is bad, even I announce good result, company's shares may not go up too. I will rather choose to write-off whatever bad debts or losses for this quarter and then show a better 4th quater result later. This is normally how shares are manipulated.
Good news must announce at the right time if not the purpose won't achieve.
do guys notice many china stocks results are not good for 3Q ? why? is it because their operating cost higher or what? surprisingly synear is on decrease mode also.. not to say sinostar 3Q as well... I just wonder if the Hong Kong and china index made correction like the US, what will happen to all the china stocks in singapore, so far, china stocks at singapore didn't hit very badly yet..
My personal opinion.
This stock is for long term. If you can afford to hold, may need to keep for 6-12 months before seeing results.
But then everyday see your portfolio drop by 6% is no fun... heart pain...
it is a spiral effect. those who bought high want to cut lost, those who cannot hold kanna force selling. The price dip and dip.
This is exciting man... the lowest is 0.55, now the price is 0.515, you are ahead of EVERYONE if you buy now... the person who GAIN in this counter are those who got the IPO price, but again, not many small fly like us still holding the IPO, even so, the lots size is like 5 lots, 7 lots... so, what does it tell us? the strong rebound will happen soon, but again, I choose to see what bigger discount they can give...........
no fear no gain, let it drop to 0.48, then, we all push up the price, waa.. sound like we are Big Boy..
I only can see mixture of FEAR and HOPE is in play. When FEAR is still exist means downtrend will continue. Just my opinion.
Can see the work of shortists here. Sold one lot at 51.5c. What goes around comes around. They will sure lose $$$. Wicked to shoot down so oversold already.
also to be frank. since it broke the all time low today, it signal further drop as it trend lower may be possible, thou there may be a retracement.