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Yes, it is now about the right time. (has been waiting the right timing almost two years).
zhuge_liang ( Date: 01-Nov-2007 01:16) Posted:
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Noticeably, China Jishan is warming up now. I start watching and might collecting again this counter. Any comments?
zhuge_liang ( Date: 19-Nov-2007 13:01) Posted:
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Will it happen again this year?
iPunter ( Date: 07-Jun-2007 20:50) Posted:
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It seems the right time to look again for this counter. Any comment?
Hulumas ( Date: 28-Feb-2008 12:52) Posted:
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Dear Zhuge_Liang,
Now the time seems right to start buying Jishan from Sgd. 0.08 and would steadily up to Sgd. 0.11.(immediate target) and >Sgd. 0.16 within this year.(Caveat Emptor)
Dear Zhuge_Liang,
Slow but sure Jishan will reach my target volume, as am I going to spend >750K for one counter, its all depend on how the Jishan performance accordingly. Once, it shows sign of bullishness I 'll speedy buy/accumulate this counter without hesitation.
Dear Zhuge_Liang,
We all know Jishan has fallen to Sgd. 0.07, then what action will you suggest? Buy? Hold? Sell?
Wah! Jishan has fallen to $0.07.
Dear Hulumas,
You should be able to buy at least 273 lots at $0.085 as of now. If you want 8888 lots, then that would be near impossible. Are you spending $756k on just 1 stock?
Dear Zhuge_Liang,
If only I can get big volume all at the Sgd. 0.085. If I queue say 8888 lots at Sgd. 0.085 would any one offering me at that price?
Hulumas, why don't you use all your allocated money for Jishan to buy at $0.085 since you're so confident. By averaging up, your average purchase price will be higher.
Dear Readers,
Jishan has bottomed out at Sgd. 0.085 as I said it will be the strong support at this price level. I 'll start buying up from this price level now to Sgd. 0.13 within next two weeks!!!
Usually I buy stocks either for its good TA or FA.
However for this stock I bought because Hulumas recommended it back when it was 9cents and I do not know what to buy with 2k left on my allowable CPF monies.
I am glad it beat CPF 2.5%!!!
Regards.
Yesterday and today alone, Jishan cheonged from 0.11 to 0.155 (40%) !!!
Print and Dye Specialist Jishan Holdings Reports Turnaround in 1Q 2007 Results
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Achieves RMB33,000 net profit in 1Q 2007, compared to net loss of RMB2.6 million in 1Q 2006
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Expects FY 2007 performance to be better than FY 2006
For full report:
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C54EFB122074345C482572D700369DC9/
If that is the case, wouldn't it be wiser for me to sell at current price and accumulate again at 8.5-9 cents range, rite?
Dear Readers,
The price drops after XD, perhaps Sgd. 0.085 will be a strong support hopefully!!!
Dear Kimkim,
It seems to me, the price start moving gradually to protude Sgd. 0.10 and soon hoovering at Sgd. 0.13. I 'll accumulate again tomorrow.
Hulumas, thanks for the reply. will cut loss when the price move up to around 20cts.
Dear Kimkim,
The price is too low to sell. It has any possibility and probability to move up to Sgd. 0.28 in the mid. run. Now, the decision is yours, I hope you all the best!