delist or not, make no different.... even heng heng if the price stop dropping at the price u bot.... u already consider lost... (brokers fee, oportunity cost, etc ...)
maxcty ( Date: 06-Feb-2010 00:07) Posted:
means this counter going to delist soon? since so many people got no confidence on this anymore...
Hi, I thought the recent big drop in share prx is due to the resign of CFO and the required cash for bond conversion. As for the poisonous problem, though it will affect the prx a little(hopefully), but when situation stabilised, it still survive. What is worrying is if it will be the next celestial and chinaenersave(suspended counter) and why are they being suspended for so long. isn't it
Confident level on this Milk counter seems to be still very low.... it may take timessssss to recover. Be cautious mate! Bye for now....will be back when time is right for this milky product.
China Milk Products Group Limited, through its subsidiary, Daqing Yinluo Dairy Co., Ltd., engages in the production and sale of pedigree bull semen, dairy cow embryos, and raw milk in the People's Republic of China. As of March 31, 2009, it owned 21 dairy farms; and a herd of 21,820 comprising 342 pedigree bull sires, 162 young sires, 21,218 dairy cows, and 98 other males. The company's herd includes Holsteins of Canadian, Australian, and Chinese origins. It sells its raw milk primarily to dairy product manufacturers to produce various dairy products, such as fresh and pasteurised milk, yoghurt, and ice cream; and pedigree bull semen and dairy cow embryos principally to various government livestock bureaus and government entities. China Milk Products Group was incorporated in 2005 and is based in Daqing, the People's Republic of China.
grandmaster89 ( Date: 02-Feb-2010 12:13) Posted:
But their main business isn't milk, instead it is the production of bull semen.
as trader, we must stick to stop loss rule...to protect capital is the first priority when we trade... remember if you wait till lose 50% of capital then cut, you need to win back 100% to break even......for me i set 7-10% max... this will eliminate any emotion we hv when cutting losses when still small....
yea.. Chinamilk teach me a big lesson.. a very painful lesson ..
tyuesi ( Date: 02-Feb-2010 00:36) Posted:
Yes. What I learned now is to run and protect our capital during the correction (run when the loss still small). Do not HOLD and HOPE for the day to come... Who know they will not even be the day for breakeven.
Yes!! .. China stock is rewarding but it can also really turn us down... Taste it and remember it as a lesson!!
WLBO_BB ( Date: 01-Feb-2010 14:56) Posted:
I lost brokers fees and run early, now u must felt great to have run at 0.325 rite?? those still hold tight tight will regret later... last friday is P&D in action, i tot is good chance for ppl to run, but if haven, better run fast...
market sentiment very low now... most counter without bad news already cannot performance, China milk.... dun need to say..