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kolslorr
    16-Mar-2007 13:18  
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Its time to go in again. :)
 
 
KiLrOy
    16-Mar-2007 13:02  
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Let see how it goes.  Maybe the stock in reality is NOT fundamentally sound if 70% of their total business is just with Motorola which the white building is just near my place. 

Time to ask my brokers (OCBC and DBS) to go find out for me those info - No wonder my brokers dislike me. Always asking them to find such info rather then me asking them for stock recommendation which I reply, if you provide me these info, you are indirectly recommending stocks to me. :p
 
 
harryp
    16-Mar-2007 13:00  
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Looks like shortists covering now. Will probably close with a doji. Chi getting better now :) Nice to watch and comment from the sideline when not holding any poisition.



Peace
 

 
iPunter
    16-Mar-2007 12:55  
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Kilroy...

It's good that you've acted according to the visible technicals, in spite of holding an 'attachment' to the fundamentals...

So it is good that you are the one who have benefitted from true objectivity... :)

But follow the trend and get back in at the appropriate time... (if you still like this counter)
 
 
KiLrOy
    16-Mar-2007 12:50  
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Hold Rating?  Sure, its their EDGE they have in making retail investors believe its worth holding so that they can jump ship while you continue HOLDING at that crazy price.  Why not put just be transparent and put a SELL rating. :p
 
 
KiLrOy
    16-Mar-2007 12:46  
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I suspected someting was not right on 27 Feb when the price dropped despite positive results.  I held on even though the price hit the support of 1.08.  I should have dumped it at 1.08 but my emotion got the better of me and led me to think it would retrace up at least by 31.6%. I put in my stop lost everyday at 0.96 and 13 Mar was the day it hit the stop lost.  Glad I am out. :)  In my mind I can only think of one think which is not relevant to TA analysis - what a cock share! hehe.
 

 
zhuge_liang
    16-Mar-2007 12:28  
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It fell to its lowest level since Oct 2003, after DBSV cut its target price to $0.98 from $1.27.



"FY07 revenue should continue to grow on the back of new business segments, but these are lower margins compared to existing business," said DBS analysts Sachin Mittal and Tan Ai Teng in a client note, adding that they expect net profit this year to fall by 8%.



"Furthermore, the company is exposed to the risk of a slowdown in Motorola , which now accounts for over 70% of total business," they said.



Mittal and Tan kept a "hold" rating on the stock.
 
 
harryp
    16-Mar-2007 12:17  
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jackjames, did you hoot this guy?

where do you think is the floor support? 0.3+???
 
 
jackjames
    16-Mar-2007 11:55  
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nickyng, the luck is on your side... 0.85 now..
 
 
nickyng
    16-Mar-2007 11:47  
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hee....looks like $$ is on my side by shorting this siah !!!

:))))))
 

 
nickyng
    16-Mar-2007 11:24  
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hey! me juz shorted 10x 87cts !! wish me luck :P

 
 
nickyng
    16-Mar-2007 11:19  
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wah !! 87cts liao !! any1 shorter?? hee.....v. tempting... :D

 
 
nickyng
    16-Mar-2007 10:45  
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wow..as we speak..some1 beat me to shorting !! 88cts now!! hee...

wanna short further? hee...
 
 
ROI25per
    16-Mar-2007 10:38  
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if get cheaper, will attract takeover...
 
 
nickyng
    16-Mar-2007 10:35  
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dunno y...seems to hv this impulse to short down this counter :P
 

 
harryp
    16-Mar-2007 10:29  
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The trouble is that the chi of this counter doesn't looks very healthy now :)



Peace
 
 
ROI25per
    16-Mar-2007 10:25  
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dun care whether is good company or not , as long make money in the share.  it has quite a no of gd tai chi players...
 
 
jackjames
    16-Mar-2007 10:09  
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but good news is... many people also willing to buy at this cheap price.. well, u  never know, it can rebounce fiercely... at least, the sell down, many people absorb quite fast also... but, honestly, is this a good company? anyone working there?
 
 
harryp
    16-Mar-2007 10:01  
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Hell, the floor broke. This has become a killing field for the mercenary shortists.

Peace

 
 
kolslorr
    16-Mar-2007 09:43  
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i cant believe this.
 
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