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don't know how many peoples die because of Gaoxian. Next time don't chase high
Masterlim888 : buy on dip buy on dip load up before you left out~
 
This one seems to be keep dropping after the listing in Korea.
Sigh!!!

 
DON'T BUY ANYMORE! CANNOT AVERAGE.  I PAID HEAVY PRICE DOING THIS BEFORE.  NO BOTTOM IN SIGHT. EVEN 0.27 MAY NOT HOLD NOW!!! 
teeth53 ( Date: 15-Feb-2011 09:05) Posted:
For a start, today morning trade--oredi so bad liao....bot up from willing seller @0.285c. Volume-1,117,000 million changed hands, now trading  @0.280c.
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For a start, today morning trade--oredi so bad liao....bot up from willing seller @0.285c. Volume-1,117,000 million changed hands, now trading  @0.280c.
Sorry, 0.285 broke earlier than I thought. Next level of .27 likely now...
GuavaXF30 ( Date: 15-Feb-2011 08:42) Posted:
Yes, I see this too. But not safe to short also. Mid-term definitely will go down further, but may see inter-day rebound. Still, exercise discipline. Rebounds won't last.
teeth53 ( Date: 14-Feb-2011 23:52) Posted:
Support @ 0.29c will soon break down...soon then expected. wishes all traders/punters, happy trading |
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Yes, I see this too. But not safe to short also. Mid-term definitely will go down further, but may see inter-day rebound. Still, exercise discipline. Rebounds won't last.
teeth53 ( Date: 14-Feb-2011 23:52) Posted:
Support @ 0.29c will soon break down...soon then expected. wishes all traders/punters, happy trading.
teeth53 ( Date: 14-Feb-2011 21:18) Posted:
Would be sellers was dying to come out of their losing position at every turn, sell into strength  and cut lost.
(Buy/Sell/Hold or let go) It a very personal choice.
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BBs are dumping everyday in thousands of lots. Lack of interest from retailers. BBs play between themselves from now on.
teeth53 ( Date: 14-Feb-2011 23:52) Posted:
Support @ 0.29c will soon break down...soon then expected. wishes all traders/punters, happy trading.
teeth53 ( Date: 14-Feb-2011 21:18) Posted:
Would be sellers was dying to come out of their losing position at every turn, sell into strength  and cut lost.
(Buy/Sell/Hold or let go) It a very personal choice.
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Support @ 0.29c will soon break down...soon then expected. wishes all traders/punters, happy trading.
teeth53 ( Date: 14-Feb-2011 21:18) Posted:
Would be sellers was dying to come out of their losing position at every turn, sell into strength  and cut lost.
(Buy/Sell/Hold or let go) It a very personal choice.
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Maybe they saw this?  
ClickNo wonder textile stocks  are at low PE ratios...
Would be sellers was dying to come out of their losing position at every turn, sell into strength  and cut lost.
(Buy/Sell/Hold or let go) It a very personal choice.
that time, cimb gone to korea holiday for road show i watch SBC 8 news reported bird flu...
last week (forget which day), i watch TCS 8 news reported korea got cow flu...
so, links up the story, got any co-relation? maybe the bound will be in 2nd quater
hpong5 ( Date: 14-Feb-2011 20:23) Posted:
kdr side also jialat
GuavaXF30 ( Date: 14-Feb-2011 15:41) Posted:
0.285 by end of this week. Trending down slowly but surely... |
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kdr side also jialat
GuavaXF30 ( Date: 14-Feb-2011 15:41) Posted:
0.285 by end of this week. Trending down slowly but surely....
dragoncloud1988 ( Date: 14-Feb-2011 15:30) Posted:
Nope is getting murdered as usual |
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0.285 by end of this week. Trending down slowly but surely....
dragoncloud1988 ( Date: 14-Feb-2011 15:30) Posted:
Nope is getting murdered as usual |
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fibre business  historical low  PE. I prefer china taisan, pennies for punting.
my view.
Nope is getting murdered as usual
The correction starts!
crclk15 ( Date: 14-Oct-2010 00:35) Posted:
Merits: Carved a niche in its premium differentiated polyester sector where its results are growing even during the slump in the textile industry in 2009. Cheap valuations at around 3.2x FY10F PE. Likely to get a re-rating post approval of Korea Dual listing (Korean textile companies are trading at trailing PE >10x and Gaoxian would be the largest company in terms of rev and profitability). More pronounced growth in FY11 as most capacity expansion would have contributions in FY11. Risks: Hiccups on its aggressive capacity expansion, albeit unlikely as mgmt is doing the expansion via stages. Derail of dual listing on Korean stock exchange which is unlikely too as mgmt exudes strong confidence that this should be carried out smoothly with a timeline of around 6-9mths. Furthermore, they just got listed on SGX in Sep 2009 so more likely than not, they have passed a lot of stringent tests by SGX. Korea dual listing should be no obstacle to them. Aggressive capex may limit the company to pay good dividends.
Do visit my blog at http://ernestlim15.blogspot.com/ . I can be contacted at crclk@yahoo.com.sg |
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Merits: Carved a niche in its premium differentiated polyester sector where its results are growing even during the slump in the textile industry in 2009. Cheap valuations at around 3.2x FY10F PE. Likely to get a re-rating post approval of Korea Dual listing (Korean textile companies are trading at trailing PE >10x and Gaoxian would be the largest company in terms of rev and profitability). More pronounced growth in FY11 as most capacity expansion would have contributions in FY11.
Risks: Hiccups on its aggressive capacity expansion, albeit unlikely as mgmt is doing the expansion via stages. Derail of dual listing on Korean stock exchange which is unlikely too as mgmt exudes strong confidence that this should be carried out smoothly with a timeline of around 6-9mths. Furthermore, they just got listed on SGX in Sep 2009 so more likely than not, they have passed a lot of stringent tests by SGX. Korea dual listing should be no obstacle to them. Aggressive capex may limit the company to pay good dividends.
Do visit my blog at
http://ernestlim15.blogspot.com/ . I can be contacted at
crclk@yahoo.com.sg