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Oh I see, thanks ekekeg. Personally, I feel that this stock has quite a lot of potential, provided that it doesn't collapse. Both short term and long term, we can earn money from it. I mean looking at the price from 2006 till now, it has always been above 0.2. Let's say we hold for a few years, I think we can earn big money from it. Of course, the fact that this company is based in China, I'm not too sure whether to invest a relatively large sum of money into it.
Is it possible for someone to provide more details about the company? I mean the financial aspect, like the cash flow, net earnings, assets to liability ratio and stuff. Or even any big contracts they have secured for the next few years? But if all these are weak, then I suggest we be more careful when investing in this stock. If we know this company may collapse, what for we put money into it right (:
the price will be moving between 0.05 - 0.055 for a while..
Honestly this co financial is still ok. It makes a bit of money, a bit only. It has a current ratio of ,I think appx 1.7 not very good ratio, but even if closing down has money to pay some back to you lah.
Yea that's why. If it's based in china, how safe is this stock? I cannot seem to find the financial report from this company, but I guess it doesn't matter. Does it really have a strong fundamental? Or is there possibility that this company would collapse?
this company is based in china,, back there situation is not good now...
darkweaver93 ( Date: 05-Dec-2008 15:57) Posted:
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I'm not sure if such assumption is right. Usually smaller capital stocks have higher chances of 'closing down'. I mean the company close down. Looking at the current price now, it seems that sinopipe is a very low capital stock. Do you think that the company will close down anytime? Maybe not now, but say few years later? I mean if it has very strong fundamentals, why is the stock price so low now?
If possible, can someone enlighten me on this? Thanks! Browsing through the previous posts, I see that quite a number of people have invested a relatively huge sum of money into this stock. If there is possibility that this company will collapse, then I feel that we should be more caution or something? After all, we will not want to lose money right (:
Have you found out what is going on with the company?
learningtheropes ( Date: 05-Dec-2008 15:41) Posted:
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it's on my averaging down list..maybe I'll buy next week..this counter is actually my 1st stock investments and i bought it at 0.385 i think somewhere ard june 08..dropped to 0.05 in less than 6 mths..didnt had a stop loss strategy then..well I guess I will have to treat it as school fees for investing haha..
It will be on my buying list, but not now.
amitnx ( Date: 05-Dec-2008 12:20) Posted:
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hahaha nice one bro !!!
ekekeg ( Date: 05-Dec-2008 13:35) Posted:
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bought 100 lots...
it will double the price soon.
Too cheap already. Cannot see the earning pipeline. See no pipe, leh.
amitnx ( Date: 05-Dec-2008 13:33) Posted:
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Hey bro mahjong74why this stock going down every day !!!!
Its fundamentals r strong :) ...
Any clue?
mahjong74 ( Date: 05-Dec-2008 12:56) Posted:
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just bought 150 lots this morning.
it's for long term.
amitnx ( Date: 05-Dec-2008 12:20) Posted:
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Hulumas any comment on Sinopipes future?
are you vested?
Hulumas ( Date: 05-Dec-2008 11:44) Posted:
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Expension too early perhaps.
carsem ( Date: 05-Dec-2008 11:18) Posted:
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Almost all the small cap stocks are up today, however, this Sinopipe is down..... What happened to this counter ???? Is big news coming soon.... ? The volume is still very low lei......
Buy into to this script !!!!!!!
big news coming in soon :) BBs stocking up !!
| 10:37:01 | 0.055 | 80,000 | Buy Up |
| 10:35:22 | 0.050 | 2,000 | Sell Down |
| 10:21:30 | 0.050 | 1,000 | Sell Down |
| 10:15:40 | 0.055 | 30,000 | Buy Up |
| 10:10:43 | 0.055 | 150,000 | Buy Up |
| 10:07:30 | 0.050 | 1,000 | Sell Down |
| 09:53:31 | 0.050 | 2,000 | Sell Down |
| 09:39:30 | 0.050 | 1,000 | Sell Down |
| 09:25:21 | 0.050 | 1,000 | Sell Down |
| 09:11:31 | 0.050 | 2,000 | Sell Down |
| 09:06:28 | 0.055 | 40,000 | Buy Up |
should touch 0.10 by Dec end :)
Hoping that no further badnews from US until dec end :)
got in at 0.07,, suddenly drop to .055,, scary..
hope it rebounce fast