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421-440 of 480
agreed, got oppourtunity buy in when it dips again.
Li Heng rose on ABN Amro's report.
ABN Amro said that Li Heng is poised to nearly triple its capacity over 2007-09F and emerge as China's largest nylon yarn producer. At a 2008F P/E of just 4.7x, a dividend yield of 5.3% and net cash amounting to over 38% of market cap, they think Li Heng is strong value Buy with a tp of $1.20 (FY08 PER 9.0x).
just beware these periods
Many many traps
Li Heng is still below the down trendline. So short term bearish trend remains.
li heng breaks out
dropped since 0.80 IPO, went up and dipped again, really attractive. if u think DJ tech rebound sustainable and CO will not crazyly surge to nowhere, these few days, get few for kopi money loh.
is time to accumulate seem PAT so promising
Well supported at 0.64 :)
Will it follow oil price Up & Up & up ?
FUNDALMENTAL AND PAT IS PROMISING JUST BB CHOOSE TO SHORT IT .TOO BAD
if u want to invest for mid to long term - buy blue chips
if u want to so short term u can try s-shares..
when teh BBs are playign with them of cos..
Welcome to Singapore
i think this may be just one of the s-share that bbs have finished playing liao
hi all,
what is going on with this counter??? It has come down more than 20+% since a high of 87cts.
Funny thing is OCBC research just gave it a TP of $1.16 on 22 may 08 which is just barely 1+ week ago when it was at 72.5cts and now it is down again to 68.5cts?!
It's 1Q08 EPS is RMB 0.165 or $0.033. If we assume performance is the same or better for the rest of the year, this gives it a forward 2008 EPS of $0.132 or PE of 5.18 at 68.5cts. in addition, their past 4 years profit margins have been maintained at 32+%. Their ROE is also high at 50+%.
On top of that, I heard that the demand for nylon fibre is now very high in china due requirements for tentage. Even if Li heng does national service and lowers their margin %, this is going to lift their revenues.
therefore common sense indicates that Li Heng is dirt cheap. What I don't understand is why the selling pressure is so high?
Can some of the seniors advice? I bought at 80cts and have been holding onto it since. Should I cut loss or average?
A summary for today.
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 0.750 | 4 | 19,000 | 19,000 | 0 | 0 |
| 0.755 | 19 | 1,239,000 | 382,000 | 585,000 | 272,000 |
| 0.760 | 69 | 3,042,000 | 1,895,000 | 10,000 | 1,137,000 |
| 0.764 | 1 | 9,000 | 0 | 9,000 | 0 |
| 0.765 | 133 | 3,094,000 | 1,687,000 | 161,000 | 1,246,000 |
| 0.770 | 95 | 4,809,000 | 2,924,000 | 0 | 1,885,000 |
| 0.775 | 31 | 2,719,000 | 444,000 | 0 | 2,275,000 |
| 0.780 | 4 | 56,000 | 0 | 0 | 56,000 |
| TOTAL | 356 | 14,987,000 | 7,351,000 | 765,000 | 6,871,000 |
Li Heng is going to a new high when it break above 0.775 and many are taking profit at this price I think.
After the profit taking or after a good rest Li Heng is going to fly higher. Heavily Vested
thanks for your info, Blastoff. I am still holding this counter even it closed low today. What your take on this?
I personally won't wish to go that direction to benefit from the quakes...there are thousands innocent dead, it's heart painful event!!!
Would Li Heng benefit from the Earthquake by supplying nylon material for the temporary tents to the victims? Just wondering! Any sifus care to comment.
Hi Stephen Tan, 'vested' mean that they owned shares of the company.
StephenTan ( Date: 26-May-2008 02:53) Posted:
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Hi, I'm new here. What do you mean by vested?
Thanks