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Note Shanghai is crashing. Was +2.5%, now -1.5%.
Its just temporary short covering.. guess alot og BBs and auntie/uncles shorted this morning..
based on the EPS provided in the FY07 report of 7.1Cent SG. the current PE is close to 10.85X. and moving forward, as mentioned.. their margin will be further squeezed by higher cost of raw materials and lower revenue forecast.. I expect the price to depress further to ard 0.65 or lower. I will only start looking at it at that level.
Just my personal opinion. buy/sell at ur own discretions..
enjoy the ride up ....and SHORT it down while still can...hee...guideline is 54cts IPO...hee...
:DDDD
30% is not much down, i think.base on increase in tax and reduction in earning
short sellers better buy back double b4 u cry !!
Good.. coming back.. at least now make sense!
30% down too much la!
not sure if this would be short term.. maybe might fall again? haha
Ya, is climbing as quickly as well.
haha....SHORTIST covering back!!
hee....damn shld contra at 71.5cts juz now :P...nevermind..hee..shall see :P
it seems like it's recovering..
lots of buyers now..
wild guess.looks like down some more???
well..they got CFDs wat?!??!? btw...SembMarine has lost so much in Forex didnt see that bugger selling so vicious as this burger hor?!?! :P maybe this SYnear burger more popular ?!?!? hee...
Its very down liao... why ppl still got so many to sell huh? dun make sense leh!
q4 result got really that bad meh?
i think the bounder of 71.5cts is heavily defended siah...hee..
LONG Vs SHORT ??? hee.....u on which side ?!??! heehee...
Good idea, so start again. any view it will go down further?
when the bell starts , better pick up, short sellers beware
hee...not sure how low leh...but dont think i will DARE to SHORT any further now...not worth the risk :P unless with CFDs...hee..i think probably folks have over-reacted to the qtr result ?!??!
i rather punt on KEPCORP or CITYDEV...hee...
Hehe how low do u think this will go?
hee...started a new thread as the rest seems to be infested with "virus"..hee
anyway...i think traders really enjoy themselve SHORTHING this burger today..
way to go man !! hee....
:)