China Gaoxian   

ChinaGaoxian

 

Life goes on, celebration of CNY goes on.......

Hold on and see how it goes...

 

 

Let me rewind a bit......

 

masterlim8888      ( Date: 25-Jan-2011 07:20) Posted:  top gem! rock solid financial gem , unshakeable! , undeniable!  gem of the year! opening px 50 cents!   load! load! load!  top multi bagger!  krx is here!  krx is here! finally we going to show all stocks in sgx whats a gem is like today. 50 cents closing px is an under estimation! chart is showing uptrend! it is going rally! its going rally! prepare for wide wide upside ride!   Why it has all the factors to rally on the first week of trading and good for long term:  Gaoxian supplies to the domestic market in China which is a tremendous growth story and Gaoxian is an indirect play on retail consumption in China.  Winner is going to be the one who is the biggest. And Gaoxian is the biggest.  Intention to use the proceeds from the Korean dual listing to move upstream by creating its own PET chips supply in order to expand its profit margins. This vertical integration is a complicated endeavour but it’s a very good story. In all manufacturing companies, vertical integration is a very key point and a winner when you talk to institutional investors. At the end of the day, it’s about size and economies of scale.”  Compared to its peers in Korea on a trailing 12-month basis, Gaoxian is heavily discounted by about 50% to its Korean comparables.  About 4X for the institutional demand. Given the various investor concerns that I have mentioned, this 4X subscription rate is a good one.  Morgan Stanley, Deutsche Bank and Nomura took up sizeable chunks of the deal … the majority were taken up by Korean institutions. load! load! load! load!   load!     load!  . load up before you are left out x 8008 times

 

Base on fundamental analysis the price is at least 40-45 cents given a growth rate of 20%,10% and 5% constant growth discounted at 10%. I think can keep. Below news from the edge singapore.

China Gaoxian said it expects to raise net proceeds of around $223.8 million from issuing the KDRs. The firm will be dual-listed on the KRX Kospi Market on Jan 25.

The firm told Reuters in November last year that it targets a 20-30% rise in 2011 sales volume on increased capacity and strong demand in China

 

 

"Si Bei Ko Ka Jialat". its clear, its cloudy.

then again. "Ko Kia Jialat lehh"

teeth53 thot "Si Bei jialat liao"

teeth53      ( Date: 25-Jan-2011 10:51) Posted: Where got chase stock...!!! it is trying to chase after it fallen price and keeping been fallen off the cliff. thot Si Bei jialat liao... just now, then again...Ko Kia Jialat lehh...stablizing at ;(( ChinaGaoxian   0.410 0.370 -0.070 -15.9 51,837,000 1,869,000 0.370 0.375 ChinaGaoxian   0.410 0.375 -0.065 -14.8 51,699,000 1,794,000 0.370 0.375     iPunter      ( Date: 25-Jan-2011 10:05) Posted: Humans are hardwired to 'chase' stocks...

 

There's a some small consolation light of hope, don really give too much weightage, weighting in the risk,

Only the owner know best and LOL, likely collecting and selling @ d Korea side.

Time	Last	Volume	Bid/Ask
17:05:01	0.340	1,193,000	A (bot up by buyer)

teeth53      ( Date: 25-Jan-2011 17:04) Posted: Its clear, its cloudy....Sad, sad, and veri sad "Si Bei Ko Ka Jialat" ChinaGaoxian 0.410 0.335 -0.105c -23.9% 109,651,000 25,000 0.585 0.300 350,000

 

SCANDAL !!! GOING TO SUSPEND LIAO AH ??

 

Down by  -23.9% in one trading day!!!

watercrests      ( Date: 25-Jan-2011 17:02) Posted: Today's Closing Price = 0.335!!!

 

Its clear, its cloudy....Sad, sad, and veri sad "Si Bei Ko Ka Jialat"

ChinaGaoxian

0.410

0.335

-0.105c

-23.9%

109,651,000

25,000

0.585

0.300

350,000

 

No more light

 

Today's Closing Price = 0.335!!! 

 

our advice is still AVOID...for those who is not vested, AVOID....for those who is vested, CUT LOSS and take it as a lesson....DO NOT HOPE as HOPE is the worst enemy for share trading...the biggest danger is no one know what is happening and anything can happen....good luck :)

 

Trend is an important and real concept...

    it is better (safer) to think in terms of trend than rise (end of tunnel?)...

gavinl      ( Date: 25-Jan-2011 16:44) Posted: Begining to see sm light at the end of the tunnel.Hope it will be sunny 2moro

 

got a gut feel it will close <33.5cts today :P

 

Begining to see sm light at the end of the tunnel.Hope it will be sunny 2moro

 

seriously.. if i know i would post all the green jumping smileys urging u all to buy like masterlim..

i dont.. but smth is really not right :/

ic1990      ( Date: 25-Jan-2011 16:38) Posted: maybe the BBs sell down like mad then buy all back and screw the retail investors. good time to buy?  rotijai      ( Date: 25-Jan-2011 16:34) Posted: this whole 23% drop does not make sense at all.. no bad news.. even if the sentiment is bad.. it should just stay at ~38 cents.. seriously smth is not right :/

 

This is the reason for trends... 

 

 

Now S$0.345 and S$0.35 coming, rebounce !!!!

 

Alert....

Naked shortists are now in action to buy back huge volume to cover up.... 

 

y dun u try it out and we will all know? :)

goldenpiggy      ( Date: 25-Jan-2011 16:23) Posted: got this feeling that it will head up again after i let go...  :(

 

Now rebounce,  those who lost can buy some to cover back !! Good Luck.