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temasek is ssh of this company...:) from past history these small-cap companies dun do well
After being battered down to this level, possibly could see a nice 3rd wave in the pipeline.
Usually after a good battering, good stocks not only recovers ..... but could attempt new highs ..... probably because those weak holders would have already been squeezed out .....
One interesting China stock .....
Could take a look at Westcomb's writeup .....
Not surprising this could one day turn out to be another China Sun or China Hong .....
ChinaPDYE has remain at 26 to 29.5cts after ex dividend..A better substitue with similar trading pattern is creeping up as it is trading cum dividend..about same situation as ChinaPDye is Valuetronics....b4 ex date Aug 2..price>40cts as listing of ipo Avi Tech at 33cts will justify Valuetronics to move higher..notice ChinaPDye never cross 30cts after it traded ex dividend..switch to Valuetronics to ride up your gains
After ex dividend CPDye not moving...and below 30cts...may one to consider Valuetronics almost same price but trading cum dividend(ex date aug 2)..although both stocks have TP of about 47cts,.....Valuetronics better prospect...in time to rally by National day....
i think it could go lower for accumulation.
Value for money.
Chiong huh !
Hi all...another piece of good news reported in SGX Announcement...
China Printing & Dyeing Secures Initial Order of RMB 27.2 million for supplying to US Retail Giant Wal-Mart
-1.52 million metres of elastic slubby fabric to be delivered in 1H2007
-Signed an MOU for potential order of 5.65 million metres worth at least RMB 84.75 million to be delivered in 2H2007
-Positive impact on the FY2007 financials with immediate effect from 2QFY2007
This stock is a laggard that is now stirring to life.
Have looked through its story, and found a couple of strong investment merits about this business.
1. Temasek has a 25% stake in New Horizon, which owns 31 m shares of China Printing & Dyeing.
2. Lim Jit Poh, 66, is the chairman. Heavyweight business leader in Singapore, and Chairman of
ComfortDelGro & China Aviation Oil.
3. Westcomb call: May 17 '07: ? Trading at 5.3x FY07F and 4.0x FY08F PE, CPD is
considered a steal among the several listed textile companies in all
perspectives. Our target price of $0.48 is based on 8x FY08F EPS, slight
discount to our coverage on C&G. At 100% upside from the current share
price, we reiterate Buy.
Earlier Westcomb call: Fair value will be 38cts based on 8x FY07 earnings. BUY.
(fyi: stock closed at 31 cts today, up 3cts. Tomorrow, it may go up another x cents as it heads towards 48 ct target price.... Well, let's see.....)
It has moved and with volume too.expect it to go even higher after ex-dividend,
48 cents will come true.
If you notice, the potential upside quoted by WestComb in the report is 100%.
You seldom find such strong confident in a report.
wah surprise surprise ! 
vested, gonna be unstoppable next week
Westcomb has on may 17 raise the target price to $0.48 and ChinaPDye has gradually moved from 24 cents to its ipo price of 27 cents since 7/9/06 on high volume.Declared a 1% dividend ex date may 25,the counter was battered to a low of 18 cents and now worst is over and resuming its uptrend.Vested at 25 cents.
Must check check to see how much is the dividend .....
The trend is more predictable than some. It's on an uptrend now.
Cum Dividend ..... :-)
I am not surprise if this stock will be 70 cents one of these days.