
Better cut loss...
You also interested in China Germs ?
wishbone ( Date: 26-Apr-2010 18:20) Posted:
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It does look very appetizing at this levels.
Market Leader
Li NiNG
CANCER
CHEMO
? ? ? ?
alvios ( Date: 23-Apr-2010 14:34) Posted:
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I am patiently waiting for this one and will enter once I feel the price is right!! HeHe.

ya... play within ur means..
AGM coming.. previously mentioned they will do sharebuy back. at this px.. time to wake up n buy some shares back liao
Yes, b veri careful and don't overlook the R and think it is a previous GERM.
Well it can be a GEM !!!!!!!! Nobody knows only the Die-rectors know.
Good Luck
des_khor ( Date: 26-Apr-2010 15:05) Posted:
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bounce to .14. huge volume queue at .135. seems BB play it.
another germs ??? scandal ??
miss out entering at 0.13.. just bot some at 0.135.. whack 1st see later
Big volume and price down. Anybody know the reason? Any bad news?
Avoid from NOW.....
FMs are dumping together........
S H I T....
major sell down sia
http://www.remisiers.org/research//16Apr10-China%20Hongxing%20Buy%20dmg.pdf
What trap are you referring to??
alvios ( Date: 23-Apr-2010 14:53) Posted:
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company looks ok in yrs to come. www.chinahongxing.com.sg
tried to buy some at diff timings just now...
all sold to me by DMG. looks like a trap here. will continue buying bit by bit to monitor.
they upgraded the stock then keep dumping. very funny right... hehehe :)
vested. be careful for all vested. will cut loss at $0.13
a huge sell down.
0.150 | 21,526,000 | Sell Down |
looks scary. any comments? vested ?
good to speculate on this?
Look at this inspiring news...............
China Hongxing initiated a ‘buy’ by DMG with 22 cents target |
Tags: China Hongxing Sports
Written by The Edge |
Friday, 16 April 2010 12:14 |
DMG has started China Hongxing Sports (BR9.SG) at “buy” with 22 cents target price, based on 0.7x FY10 P/B. Notes stock trades at attractive 0.5x P/B, with company holding net cash of RMB3 billion (22 cents/share), saying recent concerns over corporate governance of entire S-chip sector overdone, according to Dow Jones. “The bearish sentiment could soon bottom out as the market looks beyond near-term issues and towards post-2H10 turnaround signs,” says DMG, adding demand for sportswear retailer’s products remains intact as consumers in China still spending. Notes while companies like China Hongxing still bogged down by excessive inventory, situation will eventually be resolved. |
Definitely, I agree! But I notice that someone has apparently tried to prevent the price to bypass 0.16. There is always a huge volume waiting to sell at this price (which is not possibly from the mass market). I think someone is trying to accumulate at 0.155. May go up any time this week as this phenomenon has already lasted for 2 weeks or more.....
tchoonw ( Date: 20-Apr-2010 08:21) Posted:
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