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Ferrochina

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cyjjerry85
    09-May-2008 11:12  
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probably given a better market sentiment, Ferrochina will break past $1.74....currently supported by its 200MA
 
 
jasonrxz
    07-May-2008 17:31  
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Had Bailed out at 1.66 and will definately place it in my closely monitoring list as i will be back when it soar over 1.74 resistance...

 

Agreed with alot of BROs here that this is a fantastic counter with alot of upside.... Just hope that i can catch it in time.....

 

cheersSmiley
 
 
AT01167
    07-May-2008 16:20  
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Good counter indeed

Tot will break 1.74  .... but STI index too low today :(
 

 
cheongwee
    07-May-2008 15:13  
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This counter can go long. Vested at 115 33lots onli.. well waiting to  buy more. Target 3.3.

This one can go long.good solid stock.
 
 
tapildo76
    07-May-2008 15:10  
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Any idea the target price then?
 
 
francisd
    07-May-2008 13:59  
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DBSVickers says to buy this counter @ 1.56. Waiting for R. Ambrovich to take over the co. :-)
 

 
tapildo76
    07-May-2008 13:35  
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You see the market is turning and Ferro is dropping. Your think can survive the 1.60 baseline
 
 
ericsim
    06-May-2008 23:57  
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fyi  52L (1.02) 52H (2.88) and if you average out should be 1.95. can buy??? YES off course (personal opinion) but do yr homework first....trade at yr own risk...good luck

 
 
ericsim
    06-May-2008 23:46  
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1.80?? no problem!!! - check this out if you can understand...hehe    http://www.kommersant.ru

let me help you -

MOSCOW (Dow Jones)--Russian steel maker Evraz Group (EVR.LN) is among companies interested in buying a 20% stake in FerroChina Ltd. (F33.SG) for

$167 million, the Vedomosti business daily said Tuesday, citing a report in the South China Morning Post newspaper.

 

London-listed Evraz, which plans by the end of the year to close its acquisition of a controlling stake in Delong Holdings (B1N.SG) - another

Chinese steel producer, will face competition for the FerroChina stake from Australia's BlueScope Steel Ltd. (BSL.AU), Kommersant said.

 

FerroChina made 1.5 million tons of steel for the construction, rail and machine-building sectors in 2007 and plans to raise output to 3.5 million tons this year.

 

 

Evraz declined to comment, Kommersant added.



tapildo76      ( Date: 06-May-2008 18:03) Posted:

hopefully it will reach 1.80 tomorrow

 
 
liveuser
    06-May-2008 19:04  
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CHEONG !!!!!!!!!!!!!!!!!
 

 
Kensonic77
    06-May-2008 18:41  
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Hi jasonrxz,  very reluctant to let go but no choice as I will be away for course and not able to monitor and further more I am holding too many counters already...  Best of luck to all who have vested...
 
 
jasonrxz
    06-May-2008 18:22  
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HA HA..... Stock market indeed is a really fun game though i am still in negative zone after so many months in it.... It can shoot up like this baby within a trading day and vice versa for other counters...... This really make my heart stronger as it pump hard in two directions when market moves.....

Thought need to wait for a week or so for this baby to move to higher height but in a single trading session IN FACT just half a trading session started from 1400 -1705.. it can shoot to desire position....

Have not exit as yet cos the up side still intact from the chart and will monitor closely and let's hope for strong tail wind tomolo ok???

PS: if next immediate resistance of 1.74 (which it touches today) is broke.. immediate target is $1.83..... chiong ar!!!!!

Cheers to all vested in this.......Smiley



jasonrxz      ( Date: 06-May-2008 01:16) Posted:

Bro... wun it be too early to throw this stock away??? I am seeing at a 1.7 in these few days in fact... but now with D.J not perforning.. it may take a week to reach.... but it will still reach by then,,,,, patience win the war....

 

cheersSmiley



Kensonic77      ( Date: 05-May-2008 12:51) Posted:

I am out at 1.60... Will be back to collect at 1.38...  All the best to those who hv vested


 
 
tapildo76
    06-May-2008 18:03  
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hopefully it will reach 1.80 tomorrow
 
 
idesa168
    06-May-2008 15:08  
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quite true anyway....green better than red...hehehe!!! Cheers!

cyjjerry85      ( Date: 06-May-2008 14:52) Posted:

aiy...nvm la...good to have profited anyway.. Smiley

idesa168      ( Date: 06-May-2008 14:51) Posted:

Wah, this one I bang balls loh...bought 1.12, sell 1.20. Thought was good profit, now felt stupid to let go then...hehehe...


 
 
cyjjerry85
    06-May-2008 14:52  
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aiy...nvm la...good to have profited anyway.. Smiley

idesa168      ( Date: 06-May-2008 14:51) Posted:

Wah, this one I bang balls loh...bought 1.12, sell 1.20. Thought was good profit, now felt stupid to let go then...hehehe...

 

 
idesa168
    06-May-2008 14:51  
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Wah, this one I bang balls loh...bought 1.12, sell 1.20. Thought was good profit, now felt stupid to let go then...hehehe...
 
 
AT01167
    06-May-2008 14:31  
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Moving up now

Jia you 
 
 
liveuser
    06-May-2008 13:17  
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This guy will shine...... no risk no gain
 
 
AT01167
    06-May-2008 12:07  
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1.7 is a good hit

Once DOW up, this baby will move
 
 
jasonrxz
    06-May-2008 01:16  
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Bro... wun it be too early to throw this stock away??? I am seeing at a 1.7 in these few days in fact... but now with D.J not perforning.. it may take a week to reach.... but it will still reach by then,,,,, patience win the war....

 

cheersSmiley



Kensonic77      ( Date: 05-May-2008 12:51) Posted:

I am out at 1.60... Will be back to collect at 1.38...  All the best to those who hv vested

 
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