
Reduce its holding from 5.18 % To 4.97 %
Something fishy :P
what happen to this stock, no steam to move up ?? what is the trend and prospect of this stock?
Synear flew yesterday....hope today will be your turn....
Solid performance today as way too undervalued....potential $0.30 stock...have both dual listing n privatisation chance....
A fish can swim against strong current and remain the same position is a good sign... and once the current subside, this fish is going to CHEONG AH !
Need to pray hard this stock does not go below $0.21
http://mystocksinvesting.com/singapore-stocks/china-hongxing/china-hongxing-0-21-a-key-level-to-watch/
http://mystocksinvesting.com/singapore-stocks/china-hongxing/china-hongxing-0-21-a-key-level-to-watch/
So this burger should hold also until next rally?? Or someone is going to short this?
Hongguo price is twice of CHX...yet CHX is so much bigger...richer...and more well-known...BBs are purposely controlling the price to weed out weak holders...
BB may be buying up more , as china hingxin plan to privatise like hongxin.
So do accumulated before it move as it should be crossing $0,25 soon.
Vest and good luck
Oops...attractive is pretty subjective....to me this price was more than 30% higher than its last transacted price and is the highest for the last 52wks....therefore those who bought it recently or maybe all the way 52wks back would have made a tidy profit....hopefully this news will bring some stir in CHX....my take if CHX is taken private...the price will be $0.35 (conservative guess).....
Attractive?? I am very angry! Hongguo could be a multiple bagger; these robbers are trying to take it private at a fraction of its real value!!
There could be some interest in CHX and CSports tomorrow due to the attractive offer made to Hongguo....
can someone advise any correlation of this ChinaHongX with China Sport.... ?
I think at best $0.30 in the first Q of 2010...or even if privatisation is on the card...I think the offer price will be no more than its NAV ard $0.33...
Buy and hold...something is cooking....think it will go up to it's IPO price ..... $0.40++ in months to come....
I thought Mgmt is considering share-buyback??? Wonder why till now still no news....
Anyone can help me with technical analysis for this stock, TA... ??
Cannot be too impatient for this stock....come on...u should have confidence in this gem...u r buying at prices way below its NAV...with plenty of cold hard cash...5th biggest in China....tis one sure will roar past $0.25 in no time....maybe $0.30 in near term is possible also...
May be got to hold until the China bank reserve news get over in few days. Tomorrow will be a better day !
no magic today :(