Post Reply
421-440 of 507
Watch this counter... looking interesting from the TA point of view.
It's bollinger bands are getting tight - meaning a large price change may occur soon. There are also some slight signs of bottoming out.
Caveat Emptor ... of course..
DOW down 175 yesterday, BDI up 3%, Unemployment improved, Retail Sales up, FED hinted further cuts but assure no recession. How much YZJ will move to these activities in the USA?
dun be happy too soon. its simply moving in tandem with the general mkt movement.
lets listen what the budget has in store first
agree with you....closed just above 20 MA.....Time to average down...LOL!!!
looks like its time to go in again...volumes today is second highest for the month of Feb
OK hold till the cow comes home...lol
Sell YZJ. No... No... is a good stock to hold ya. 
aiyaa.. what for you sell the YZJ... it is a good counter, come on, it was high above 2.80 before... wait until it goes up to 2.00 la.... long term a bit mah..
Good run today. Might hit 1.38 today. However, my iocbc broke down. Even if hit my target price also cannot sell, but I am not in the hurry to do so. Cheers!
u might have released your YZJ too early today...if it closes $1.28 and above today...it will be good for higher upswing..it is currently with a heavier volume today as compared to the past 6 days on average
i released my YZJ already.
I'm more of a FA than TA, but that doesn't mean I dun look at charts. I notice that this counter was listed during the IPO bull era whereby every new listings are welcome by the market indiscriminately, thus it easily shoot up to 1.2-1.3 on 1st day trading and never look back since until recently when it set new low at 1.1~. Even at IPO price, I would think it's future value is already price in and its value is almost same as SemcorpMarine's trading price right now.
During market down turn, value is the thing to go cause all stock price will fall back to earth and align to their fundamentals. I'm not trying to teach anyone here but just sharing my view.
Only time will tell and market to decide the eventuality...Cheers!
Greetings, Giantlow. It's been a while since we last saw your posting at SPC....you are nnot forgotten! I fully with your view on YZJ, it will remain stagnant unless China opens on Wednesday badly bruised. Chart of YZJ does not paint a nice picture, but looking at the accumulation volume, there is definitely more buying activities than selling. I anticipate that YZJ is soon bottoming though it may have a leg of 2 down in short term, but longer term view is ok. 12 months target $2.00. IPO price...maybe, maybe not! If USA goes into recession, I think it's possible. But I am betting US will nnot skid into recession with those stlmulus package and FED is cutting rate aggressively. Others may have different view from me, it's just my view now.
so u didn't do any calculation or refer the charts lah.
just pluck the IPO price ah?
NAV is not realli applicable cos it doesn't take into account growth potential.
my take is that it will remain stagnant unless there is some major news
Random figure? Maybe, but this is the IPO price remember?
With NAV of ~25cts do u think it is expensive right now taking into consideration current market condition? Moreover, this isn't a tier 1 SB company as compare to its peer, its probably only rank 4-5 in China, else it won't come here for listing....Sorry just my frank opinion.
Farmer.. what is your basis for coming out with the figure 0.88???
random figure ah???
If so then i prefer 1.68.
Should test all time low in times to come....probably 0.88. Unless the QDII come to the rescue, believe short term prospect isn't good as price was overly inflated during the bull run last year.
Bearish signs for this counter.
OMG....China is also getting into the party with Dow and Europe???
Not a good signs.....