China Paper   

China paper breakout

China Paper       Last: 0.041c   Vol changed hands: 31,737,000m shr   +0.0030

 

This paper horse is prety strong n galloping into ++4c liao. volume change hands oso increasing.

 

privatised? not possible as chairman stated it won't happen.

another rights issue? not possible, just issued big rights issue at 3.6c feb 2012.

share placement - most likely, going by its track record of asking for money within short space. if so, it is a sign of big trouble ahead even if it is to fund new factory that could be fake. 

 

 

Surge these few days then halt. Any ideas wots pending ?

 

Profitable and fundamentally strong company. Have waited for a long time for this opportunity.

Charts have finally turned favourable for a big run. BBs finally realise it.  Look at the breakout volume yestdy.

Enjoy the ride up....

 

 

 

 

One of the pennies that have not chiong up yet. Next in play may be paper stocks.