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4401-4420 of 4996
27c and going higher ^
Hope to see it chiong beyond the resistance of 29c.
this stock seems always have a two white candle one black candle sequence? thats not very right.
chart looks poised for a rally. rsi and stochastic looks very promising with a nice curving up shape. it will definitely goes up unless koreas create war news again.
have mentioned lots of factors for this gem to get rally up in my previous links. i have read somewhere in the research that some of the textile companies pe are over 40, not the conservation 14 here, well it may be the average and it may be a good gauge how undervalued this gem is.
load up before you are left out !
Hi , I believe you got it from here
http://www.nextinsight.net/index.php/component/ccboard/view-postlist/forum-3-sgx-stocks/topic-4287-china-gaoxian-and-dmx#ccbp4691
I don't know about which of you guys out there feeling sorry for yourselves not getting into this stock, but its never too late. If you have followed the thread closely, I have posted more than enough info about the health of this coy. If you have more news or updated news do post them .^^
rabbitfoot ( Date: 06-Dec-2010 20:28) Posted:
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http://www.nextinsight.biz/index.php/component/ccboard/view-postlist/forum-3-sgx-stocks/topic-4287-china-gaoxian-and-dmx#ccbp4691
rabbitfoot ( Date: 06-Dec-2010 20:28) Posted:
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Read somewhere. Buy or be left out. The time is near...
"Mr Raymond Wong, China Gaoxian's chief financial officer (CFO), points to the benefits of listing in South Korea. He said the average price-earnings (P/E) ratio of Korea-listed firms in the textile business is about 14, while the industry in Singapore trades at a ratio of about six to seven. The P/E ratio is a widely used measure of share value. "We want an alternative capital base for the company," said Mr Wong. "There are about 20 textile companies on the Korea Exchange and investors are familiar with the industry." The Korea Exchange is courting listed companies here, and has teamed up with IBK Securities here and in Taiwan and Australia to market South Korea as a dual-listing destination, said Mr Jung. "
its just my TP assumption. it has surged from 19.5cents all the way to test at 29cents since its announcement of proposed dual listing. i would say it maybe only have 1 more surge before the news release. and this stock seems always have a two white candle one black candle sequence. now u have two white....see what happens tomorrrow..
If the expansion doesn't bring profit the EPS would not be diluted.
How come you know the IPO price of KRX for Gaoxian?
Where you got the info?
vest4fun ( Date: 06-Dec-2010 18:08) Posted:
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actually, dual listing will normally dilute EPS due to limited productivity v.s increased percentage of shares. Gaoxian has made a smart move, they expanded first, then proceeded with proposal for dual listing. The expansion is likely to bring up the revenue and minimize the dilution effect. For companies who dual listed first without any plan of expanding business, their share px dropped after dual list became official. e.g. China XLX and Midas.
the huge buy up is likely because of the married deal at .252, investors are now more comfortable to enter at .255 to .260, but to break 270, Gaoxian better release some news or, maybe news already leaked?
My TP for gaoxian atm is 0.335, with 10% discount their IPO in korea would be ard 29-31 sgd cents, with a forwarding P/E of ard 6.
My hunch is there is more than the KRX listing...
Possible Reasons:
1) Expansion
2) more Deals - more business
3) with KRX debut or listing, ppl can sell shares bought here and sell there..buy low sell higher px!
Good luck ppl ^.^ it already hit 27c.
U r rite ZhiXuen...
('',)
zhixuen ( Date: 06-Dec-2010 14:58) Posted:
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Big Boys buying in Millions now..while Small Boys selling. Must be some news forthcoming.
| 15:40:10 | 0.265 | 31,000 | Buy Up |
| 15:40:07 | 0.265 | 100,000 | Buy Up |
| 15:40:07 | 0.265 | 350,000 | Buy Up |
| 15:40:03 | 0.265 | 2,000,000 | Buy Up |
| 15:27:25 | 0.260 | 30,000 | Sell Down |
Wah.. this afternoon is Gaoxian bull rally..there are certainly some news brewing.. and FM and BBs are making the stock more interesting than morning.
haha.. don't so tense ley.. its up to people's choice to make decision to buy or sell ^.^ He's just cheering cause px now up
of course must be careful but who knows, the sky's the limit. ^.^
zhixuen ( Date: 06-Dec-2010 14:58) Posted:
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Don't always ask people to buy even though I also vested. Would you compensate if anything happened?
masterlim ( Date: 06-Dec-2010 14:50) Posted:
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| 14:40:54 | 0.260 | 1,778,000 | Buy Up |
| 14:38:16 | 0.260 | 1,000 | Buy Up |
| 14:35:39 | 0.255 | 21,000 | Buy Up |
| 14:35:39 | 0.255 | 1,600,000 | Buy Up |
Wow suddenly chiong ah.. morning to so quiet.
zhixuen ( Date: 06-Dec-2010 14:38) Posted:
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annoucements may come earlier than expected
load up before you are left out !
unusual good buy ups. chart is looking very well for a huge rally.
load up before you are left out !
Gaoxian is dancing ^^ toward $0.260
load up before you are left out !
load up before you are left out !