
yes.. so for every 10lots its above $110.. nt bad la.. its about 6-7% p.a yield
Centaur ( Date: 09-Sep-2009 13:44) Posted:
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insider buying at 16cts. was thinking of adding more too. Btw, div is 1.1cts per share right? means around $11 per lot?
I add some more today.. CD now..
Centaur ( Date: 04-Sep-2009 09:58) Posted:
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CEO bought more shares after results announcement. Next q earnings should be a good one too.
When no one looking at this then it surge..
Taking a look at their last quarter earning, u will be impressed.
vested ;)
anyone attend the AGM ?
any expert to advise on this counter ?
thanks. gd day.
so it seems like 8telecom is finally moving after being dormant for so long.. any news??
Had bought some at 7cts to keep till after year end announcement. If i'm not wrong, results should be out in Feb or Mar. Support is strong at 7cts, so to me its quite a safe bet at this price.
hmmmm. Have been on sales @ 75% discount for a long time, but no buyers.
Hmm.. Since this is a good counter, how come no one dares to accumulate at such a good price??
Now is so cheap.. lelong lelong already... good to load more if FA is sound...
Is this company HK base ans its boss Honkonger? If both ans is +ve then u really got to be careful with it as I've got v bad experience in counters like Jets Technics, IDT...... just my view but u hv been warn!
anyone can advise on further development for this counter ? thanks
happy cny.
Looks like CEO had been buying in Dec 07 at 10.5 - 11cts. However, at this price of 7 -7.5cts, he's not buying instead. Does he anticipate more downturn for this counter? Any views?
CEO continuing his purchases last week and this week. 3 more days of purchases. Buying very discreetly and queuing at buyer price waiting for people to sell down in the 2 weeks.
Looks like he knows more than the general public & buying ahead of either the results or the pending 3G licenses announcement or a huge deal with the chinese telecom's licenses winners.
so sayang..... can only nimble at the stock at these prices to average down higher price holdings.
Hi Vic,
Thanks for your reply.
Have been monitoring this stk since Sept. I guess need a lot of patient for this counter.
Yeap..have noted that the CEO has been buying in ...a gd sign. There is gd volume this morning also.
Hope this counter fly soon.....
centaur,
3G license is defintely on. Have been following the 3G developments. Just google 3G license china.
Prestige,
Chairman/CEO just about 2.7m shares off the market at 10.5 to 11c in 2 days. That's a good sign. He has been buying back coy shares since he placed out his shares to institutional investors before the sub-prime mess.
With the market stabilizing, quite a bit of weak holders would have exited the market weeks if not months so accumulation will be slow and steady before another frenzy that I expect in the next couple of months once sub-prime/credit crunch become old news..........& the bank clear their P&L and balance sheets crap ie writedowns. UBS did another 10B. That's damn good...less and less surprises.
anyone can further advise why ths counter not moving .....thanks
Seems weird, despite the good results, price of 8 telecom still dropped by 1ct as of now.
wonder if the 3G license is still on??
8telecom reported another solid 3rd quarter numbers.
1. Rev RMB 116.5m. 78% growth
2.net prfit 7.45m 21% growth
3. Operating cashflow positive RMB59m.
Their cash & FD pledge amounts to amost RMB93m. Very healthy. Not only are they growing prfitability, their cashflow is exremely positive. Hence a very odd counter to me that doesn't seemto fit into the China linked stocks and yet showing such strong fundamentals going into 2008 Olympic year. Those institutional investors that bought in at 17 or 18c sure know how to be patient for the fnal award of the 3G licenses rollout very soon before any play & bearing market sentiment.
http://info.sgx.com/webcorannc.nsf/0357d11048060bb84825735f0028e25b/06ae0bc4864ce94b48257392003ac00d?OpenDocument
From Sias Research :
8Telecom ? Improving numbers (Update)
15 Oct 2007
8Telecom reported a 82% (YOY) surge in revenue to RMB106m in 2Q07. On QoQ basis, revenue grew 44.7% driven by better performance in all business segments especially the telecommunication tower and telecommunication electronics manufacturing services (TEMS).