China Gaoxian   

ChinaGaoxian

What would this news impact on this counter?  Can enlighten?

masterlim      ( Date: 16-Dec-2010 16:46) Posted: latest latest ! spain will not get bail out! spain will not get bail out! eu leaders to get meeting discussions tonight. eur now recovering ahead of the meeting. buy on dip ! buy on dip ! load up before you are left out! load up before you are left out!

 

latest latest ! spain will not get bail out! spain will not get bail out! eu leaders to get meeting discussions tonight. eur now recovering ahead of the meeting.

buy on dip ! buy on dip !

load up before you are left out! load up before you are left out!

 

spain will get its bonds sold and will get bail out package. the jobless claims rates will be ok tonight. mkt wll rally again after this !

buy on dip ! buy on dip !

load up before you are left out! load up before you are left out!

 

buy on dip ! buy on dip !

load up before you are left out! load up before you are left out!

 

buy on dip ! buy on dip !

load up before you are left out! load up before you are left out!

 

buy on dip ! buy on dip !

load up before you are left out! load up before you are left out!

 

the global mkts has been in uptrend for a while, the euro debts issues and the china tightening policies and not forgetting the koreas war tensions matter had been the focus points of the sentiments of the markets. the markets have the good excuses of taking some risks off the table at this juncture due to the above reasons and its coming to year end which many fund houses have already close off their books for this financial year.

i agree 1001% on strong fundamentals of the company.

i do not agree it will not rise above 0.35. towards the end of the last week this year. our friend here is very prudent on the coming px which i think is good, it is always good to be prudent, but this is a growth stock with all the elements in as a winner stock. the upside is too huge to be ignored. i am very optimistic on this gem thus my target is an aggressive one.

we will see more actions for this gem when most of the fund houses are re taking positions. i will see it easily surpass 0.35 given the fundamentals of this company, recent declared dividends, krx listing, very high margins, high growth rate for this gem and china story in coming years. time will tell and i am very confident of this gem.

let me give all the vested and interested parties a summary at a glance of this gem.

biggest textile player on sgx and krx ! pe ratios is at least 3 times undervalued compared to korean listed players ! earnings more than local listed company hyflux ! expansion capacity is almost in completion stage and revenue shall be up for next quarter ! profit margin is kept at high of more than 30% ! roe is kept high @ more than 30% ! cagr @ more than 30% ! solid financial statements with rock solid cash flow ! company has started to give dividends after expansion plans !


buy on dip ! buy on dip !

load up before you are left out! load up before you are left out!

 

sell down lah.

medivh      ( Date: 16-Dec-2010 11:40) Posted: Just to share my 2c worth, the run up has been pretty good given that this counter rise more than 20% in a week. However the KRX is old news and though there is much speculation of PX higher in KRX and stuff, I see don't see any catalyst for rally to above 35c. It should be consolidating and price hovering around 32c to 35c this week. *fingers cross (If more profit taking comes in, v. strong support around 31c.) Having said all these, it is still a good company, with strong fundamentals + growth + expansion. So as an investor, you can buy in and accumulate for the future. Those who are contra or shorting, no comments for you.

 

Just to share my 2c worth, the run up has been pretty good given that this counter rise more than 20% in a week. However the KRX is old news and though there is much speculation of PX higher in KRX and stuff, I see don't see any catalyst for rally to above 35c.

It should be consolidating and price hovering around 32c to 35c this week. *fingers cross
(If more profit taking comes in, v. strong support around 31c.)

Having said all these, it is still a good company, with strong fundamentals + growth + expansion. So as an investor, you can buy in and accumulate for the future. Those who are contra or shorting, no comments for you.

 

 

target at this week end should be 0.35 if there are no major shake ups news in the europe zone and further china tightening policies. that events will affect the buying sentiments of the markets. if no major events, i foresee price will move more than 0.35 in coming weeks and reaching near 0.40 cents at the year end. this gem will hit a new high high at the year end in anticipation of the krx listing in next month next year.

now 0.345 will be cleared later and going towards 0.35.

load up before you are left out! load up before you are left out!

 

haha bro. its ok. you can keep your earnings, i will be a happy man if it reaches that target.

but back on a serious note, i mentioned before, when this gem moved to the top volume table, you will consistently see huge buy ups. just observed. some more now having a declared dividend and krx, wa ! investors should take positions in this gem. i have wrote lots of points of this gem in my older posts. do refer to them for reference.

load up before you are left out! load up before you are left out!

 

its moving to mid table already. its going for 0.35 !

load up before you are left out! load up before you are left out!

 

how about three days target ?

zhixuen      ( Date: 16-Dec-2010 08:03) Posted: Bro, If Gaoxian can reach $3.30 without consolidation of share within 3 years. I will give you 80% of my earning.   masterlim      ( Date: 15-Dec-2010 23:41) Posted: bro. you have to have the presumption of the growth of the company and the forecast earnings in the next year. i know exactly what you mean. you are only basing it on the today's financial size of the company but you have to take in on the company tomorrow's growth. 3.3 is overly optimistic but you never know. the relatively cheaper valuation in krx accounts for at least 3x, lets enlarge it to 10x to symbolise the gem's status on the sgx and krx's standing, not forgetting the exponential growth of china domestic market. the company makes whats the china economy feeds on, the annual cagr for the company is huge and the expanded production may be further enlarged next year and you remember the land the company had bought for its further production, it will be rightfully utilized next year to meet the increasing demand........and lots more. one dollar for this gem is fair and only fair for its financial size. another dollar for its mobility between for the two exchanges and another dollar for its premuim intangible assets status. load up before you are left out! load up before you are left out!

 

Bro, If Gaoxian can reach $3.30 without consolidation of share within 3 years. I will give you 80% of my earning.

 

masterlim      ( Date: 15-Dec-2010 23:41) Posted: bro. you have to have the presumption of the growth of the company and the forecast earnings in the next year. i know exactly what you mean. you are only basing it on the today's financial size of the company but you have to take in on the company tomorrow's growth. 3.3 is overly optimistic but you never know. the relatively cheaper valuation in krx accounts for at least 3x, lets enlarge it to 10x to symbolise the gem's status on the sgx and krx's standing, not forgetting the exponential growth of china domestic market. the company makes whats the china economy feeds on, the annual cagr for the company is huge and the expanded production may be further enlarged next year and you remember the land the company had bought for its further production, it will be rightfully utilized next year to meet the increasing demand........and lots more. one dollar for this gem is fair and only fair for its financial size. another dollar for its mobility between for the two exchanges and another dollar for its premuim intangible assets status. load up before you are left out! load up before you are left out!

 

If the share price is S$0.66(pe16), Each deposit receipt price will be 20X0.66=S$13.2=won11,580.

Is my calculation wrong?

Please advise, if the price is too high?

 

load up before you are left out! load up before you are left out!

 

you have said it as well. this gem has exponential high domestic demand. no doubts about its prospects.

 

yes i know all that story. but with this gem strong fundamental. i dare say all this comment.

 

Gaoxian is not the first dual list chinese textile company in krx. the first one was huafeng in october 2007. if anyone is interested should have a look, its primary listing is in HSI.

pls trade with cautious. although they enjoy higher valuations over korea, so far all the chinese textile companies listed in korea have negative investment returns, this might affect the sentiment of institutional investors, also affect its IPO price.

cooking up share px and then dual list is not something new, check out huafeng and united technology holdings, u will know. see how fast their share px have slumped in the last two years (or i should say within 2 months after IPO).

i would say one successful story of dual listing of chinese company so far in SGX is Midas, with diluted EPS it still can maintain institutional investors' interest due to high domestic demand. looking at the fundamentals of Gaoxian, it might achieve the same, if korean investors share the same view.

 

tomorrow will close new high. i am quite confident of that.

load up before you are left out! load up before you are left out!