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Tsunami coming hitting Singapore tommorrow....9am at SGX...
yah. cosco i already forgot that i still got that stock. haha bought last year. really cheap. help until now. 30 lots. bought with my bonus. its the thing that will help me get my dream car next time. i planning to wait till it hit maybe 20 dollars? then i can buy a sport car. haha. yes, thats really the best stock i held in my life.
lets hope the results can move some people to put their money into this stock again. seems like a very bright star to me. haha. never felt so good about a stock. maybe cause i am impressed with their business model. and how they are expanding in china and how china is now a super power of the world i guess. lets hope all the people who have already vested in this counter will hold their faith and we will see this stock move again. as long as the fundamentals are sound and a good management team is in place. there should be no worries ok?
Sinostar TA RSI=58.31 and william%R= OVERSOLD. This year after tax profit is 94 mil compared to last year profit just 15 mil. So now already considered good price to buy. Of course got to hold till it up, up, up and all the way up maybe till Christmas or Chinese new year. These 2 festives seasons need to use a lot of LPG. This time need to use Warren Buffet method. Buy and hold till price hit the roof like cosco.
waa... 881, you sounds so lucky ... what are u holding now? since u catch the time so right, maybe we should follow you what u buy, heee...
Lucky today market close. If not saved by Deepavali holiday with Dow dropping so much you can see Sinostar whacked down for sure and all those who bought last week have to cut losses again. If the price don't stabilize or confirmed on the uptrend I will not enter. Not worth getting money jammed here. If you do not have the time to monitor this counter better stay out. Not for office workers. Too much fluctuation within a day. That's why the big players love this counter. The group with the deepest pocket will win shorting or longing for the day at small investors' expense!
technically sinostar is still on the down trend. and the rally on tues is a bull trap set by the bbs to clear their holdings, which is confirmed on selldown on wed. even with the good reports released, i think the fault is not on sino but on overall market condition n sentiment.
there is no good catch price till it have bottomed on the chart. this is just my believe and i stick firmly with it.
banjoo is areadi a good lesson from me and i dun intent to make another mistake.
anyway i appreciate ur sharing and hope u are right.
Cashiertan..60cts and below good catch...but its results considered quite good may be difficult to break even 65cts
time to buy sinostar is near (not confirm till it confirmed itself)
interesting did u actually realise the effects of the chinese govenment eeerm revaluing the yuan? now the sing dollar will actually be weaker. and then the profits converted from RMB will actually be higher in sing dollars. so this stock we must pray that oil price and lpg is controlled. and the yuan to always revalue against the SING dollar. then we can always see stars. haha. SINOSTAR. whats the chinese name actually?
hopefully its true IIssmm but yet to see market sentiment 2moro. If not will see another sell down.
actually i dont really feel there will be a major sell down on this stock. most likely just a small drop in line with sti. anyway, with the 3 quarters profit now 40 percent more than last year. do you really think it will still sell down? and now yuan is being revalued up. the price of this stock is given more abriatge. cause converted to sing dollars its worth more too. plus a higher revenue and demand for their goods. and sales volume have increased. tmw maybe the day it will be loaded up.
prepare for the sell down.
http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/2e2efb290919f8a54825738a0012363e?OpenDocument
for greater leverage for long or short can use CFDs...buy 250 lots at $0.68 actula cost is ab $170,000 but with CFDs U pay only 20% ie about $34,000 only but it works both way
haha u asking good or bad. revenue increase, year on year profit increase by 50 per cent. so what does it mean. u ask yourself lah. i scared later say wrongly people will start to shoot me. so i just display facts and more facts. haha. so use basic accounting, and work out your figures. clue i give. it is undervalued, by how much decide yourself. if you want to short on friday. and then closing you will take a gun and shoot urself. cause anybody who knows how to read reports will understand the figures and do something i wont say. yes. and december is coming you know winter. cold and chinese government raised lpg prices already. so need more, then equals to need more gas. and therefore demand will go up. drive prices for refined lpg higher. thats it. enough said.
repy to Jackjames..U've misinterpreted..yes on 12-14 Oct Sinostar was trading at 90cts but on 17-18 it failed to break 98cts I suspect BB knew that many pple know it would cross $1...Yes I did recommended buy from ipo date sept 26 from 55 cts to 90cts but I threw the bulk of them out once $1 cannot be crossed sold mainly 96-98cts and using the profits to pick up some still stuck at 90cts.
But on Oct 30 found that it had dropped to 80cts and looking at the chart looks more downside hence sold off all between 78 to 80cts...and on tue this week 6 Oct shorted some btw 66-70cts but by 3.30pm saw so many sharp covering covered back my positions and now waiting to buy back ab 60cts..sori I'm a trader and within a day if market turns I'll take profit or cut loss..no intention to mislead at all..but i believe if can hold this is a good stock with annual profit about S$ 20mil shd cross $1 easily when analysts do a writeup..I'm prepared to collect at ab 60cts and sit on it
ROI25per, yeah, i never take any posting here very seriously, as many fake people might just say, oh yeah, I invest 500 lots in this and that, and actually, they got no money to buy so many lots... you are right, just for pleasure reading..
If is good why the price is dropping.
so what it means? good or bad