China Taisan   

Aoyee ! Aoyee! Ao! Ask Jane for help !!!

Now i see some BBs r loading back, why? They know something good again that we dont know? Or a push and dump trap?

Or they  think now only left Taisan that worth to play cause most textile company in jail liao? Taisan is the best in term of fundamental growth right now.

Anyway, just dont load too much if u feel hand itchy. But at least now  some BBs dare to load up is a signal to better trend.

But risk still there, play safe, use condom.

warrenbegger      ( Date: 05-Apr-2011 19:22) Posted: I keep seeing BBs unloading till now still havent unload finish. Maybe something they know in advance and  we still blur blur dont know. Pls dont be greedy and  load too much, perpare to run  if any surpise come. Dont know who unload so much, 1 month i think unload more than 100,000+ lots liao.

 

Up up and away ! Can change title of this trail to superman.

GuavaXF30      ( Date: 18-Apr-2011 16:41) Posted: Aoyee ! Aoyee ! Jane came to rescue..... Good movement upwards. Plays is now on for this counter. freeme      ( Date: 18-Apr-2011 16:35) Posted: move up nicely le.. swee la.. jia you jia you

 

ohh.. and down it comes again...

 

Pls dont load S-cheat more than ~30% of your capital to be safe.

Upside = Few cent

Middleside = Cant sleep well with nightmare

Downside = Halt with free gift of Suspension (All $$$ Gone)

 

17cts some say is high but fundamental wise still consider damn cheap.. current lvl PE is abt 3-5 nia. however due to a s-chip status.. px has to be discount.. but i would say, even at 20cts.. it looks pretty fair.. I hav been collecting at various point since last yr 18.5cts, then 17cts, 15.5cts, then 14.5cts.. wanted to add at 13cts also but during that time run out of capital liao.. 

Another textile counter u can look at is china sky.. 15ct-16cts range i consider a safe entry if u tink taisan is abit high..  

 

yea... saw foreland got sold  off after initial burst  with news on korea listing...

hmms... hopefully the run will continue tomorrow?.. :/

 

Risk is still there. No point loading above 0.170+. How high can it go? 0.190+? But as u like cause this is 1 of the best textile sector now, the rest all kanna rape liao. But if u really cannot tahan want to load, pls load those amount that u willing to lose all. Wish u good luck, i also like taisan but i now very scare of S-cheat now. Maybe my ball ball shrink liao :)

belgeran      ( Date: 18-Apr-2011 17:53) Posted: oo.. should i load tomorrow morning ??.. :/

 

oo.. should i load tomorrow morning ??.. :/

 

Aoyee ! Aoyee ! Jane came to rescue..... Good movement upwards. Plays is now on for this counter.

freeme      ( Date: 18-Apr-2011 16:35) Posted: move up nicely le.. swee la.. jia you jia you

 

move up nicely le.. swee la.. jia you jia you

 

Apologized to my mistake previously. I gone through the presentation slide before but somehow I didn't see the CAPEX plan included the new factory. Sorry about my mistake.

That is logic and make sense if 40 million SGD is included to build new factory.

williamww      ( Date: 17-Apr-2011 00:38) Posted: Capex plan is included in the Q4  presentation. If one wants to invest in a stock, one needs to read the company  announcement diligently. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E70120C5E06042F748257848003125B8/$file/ChinaTaisanPresentation4Q2010.pdf?openelement

 

Well, price going up very nicely nevertheless.

belgeran      ( Date: 18-Apr-2011 11:25) Posted: hmms~~.....

 

hmms~~.....

 

Capex plan is included in the Q4  presentation. If one wants to invest in a stock, one needs to read the company  announcement diligently.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E70120C5E06042F748257848003125B8/$file/ChinaTaisanPresentation4Q2010.pdf?openelement

 

I cut loss already bro.

Rather to put my capital into another good counter.

A good fundamental counter it will surpass the neck resistance level after global market recovery.

The capex plan is not included the expanding of new factory only for machine acquisition to increase 3500 tonnes capacity.

I have explained my opinion about the capex plan in previous page.

That's not worth and there could be having a story behind.

The company major shares is holding by a family based. They can do many thing from behind.

I cannot foresee what are the thing to be going on for Taisan. The marriage deal can be play by a group of investor to lure retail invest of buying it. and also to create an illusion to retail investor to take up the share.

To prove the potential of this counter. The share price must breakout $0.170 which is the previous strong resistance.

I will still stand aside to watch the show. 

Trade at own risk just my 0.5 cents 

medivh      ( Date: 15-Apr-2011 16:33) Posted: Hi Bro Zhixuen, long time no c.. you still holding on ? zhixuen      ( Date: 15-Apr-2011 16:30) Posted: Don't remember they have 2 expanding plans which need a lot of cash. If they don't have enuff fund for expanding they will need to look for bank

 

Actually now all these book orders or cash flow balances are really insignificant compared to the " Bad" name the S-chips are hitting the news these days. One day they can report high cash earnings or cash on hand .. next thing.. " Wham!"

Investor's confidence and trust is key here and if the air is not cleared , I don't see any soaring to its IPO price anytime soon.

 

China Taisan's cash reserve is RMB 733.438m (S$140.574m).

Capex plan

- Existing capacity is 24,150 tonnes.
- New machineries to add another 3,500 tonnes annual production capacity in the first half 2011. Est. Completion 2Q2011 (RMB 211.2m)
- Plan to construct a new factory to further add  12,000 tonnes production capacity. Est. Completion 4Q2012 (RMB 500 ~ 550m)

 

hmms.. well i took a bet a long time ago..haha... just haven't cut my losses..  :(

anyhow, i noticed that foreland fibre  suddenly had 18mil shares in the buy queue..... just an off topic statement..

 

Hi Bro Zhixuen, long time no c..

you still holding on ?

zhixuen      ( Date: 15-Apr-2011 16:30) Posted: Don't remember they have 2 expanding plans which need a lot of cash. If they don't have enuff fund for expanding they will need to look for bank. williamww      ( Date: 15-Apr-2011 12:30) Posted: Even if China govt raises interest rate to curb inflation, cash-rich companies like China Taisan will not be affected badly in my opinion. With stronger yuan and purchasing power, the China retail market will only grow bigger. This will actually benefit those companies in the local  retail sector. The peculiarity of China Taisan is the stock price has not moved up much since its IPO. Most of the time, the price is actually under water. Another note is the majority shareholder and management don't seem to care much about the share price movement and  appear to be  more focus  on running the business. The PE is at a ridiculously low level considering its financial  performance in the past few years, some people may see this as a big risk while others may see it as a big opportunity. To each his own

 

Don't remember they have 2 expanding plans which need a lot of cash.

If they don't have enuff fund for expanding they will need to look for bank.

williamww      ( Date: 15-Apr-2011 12:30) Posted: Even if China govt raises interest rate to curb inflation, cash-rich companies like China Taisan will not be affected badly in my opinion. With stronger yuan and purchasing power, the China retail market will only grow bigger. This will actually benefit those companies in the local  retail sector. The peculiarity of China Taisan is the stock price has not moved up much since its IPO. Most of the time, the price is actually under water. Another note is the majority shareholder and management don't seem to care much about the share price movement and  appear to be  more focus  on running the business. The PE is at a ridiculously low level considering its financial  performance in the past few years, some people may see this as a big risk while others may see it as a big opportunity. To each his own. belgeran      ( Date: 15-Apr-2011 11:55) Posted: but with that they are expecting even more actions on govt side to curb the inflation prices... which will bring downward pressure on the market itself.. ?