Chemoil Ene USD   

CHEMOIL

Downtrending...

 

I agree that this is a good counter. However, currently, there is no catalyst for the price to move further as it is almost at it's TP level. Buying volume is usually very low. At this point, sellers will have the upper hand. Downtrending. Good price to go in should be around the 75-80 cents level... 

Good for long term play but beware of a correction as prices might plunge cos there is little buying volume to support it...

 

Still advised to take profit 1st. Forced selling might also continue today as some dealer allow their clients T + 4 and even T + 5(for margin) . Be careful...

Might want to let it drift lower and go in again....market might also be heading for a correction soon...

 

Very low buying volume usually. Be careful! At this level, i notice that there are more sellers than buyers...

Downtrending...

 

actually this is one of the counter that I monitor and intend to go in. However it is already in the overbought region for sometimes and now is in downtrending pattern.

Might go in if it has completed the downtrend pattern.

 Not vested
 


 

 

T + 3 today. Forced selling should be over. BUY!!

 

Buy...

 

Technical Analysis on Chemoil and how to read an upwards channel which Chemoil is showing now. Click to read more.

 

Buy!

 

Buy. This is a good counter!

 

Buy!

 

It's strictly based on fundamental. In a booming oil and energy market, the PE of this counter is still looking very attractive. The director seems to be doing all the right things from what i read of their report - converting expenses into assets and thereby improving profits. This will take time however. For the director to buy in at 86 cents on average and with a volume of a million share, that gives me the encouragement to hold onto this counter. However, has to be patient with this counter and i strictly advocate a buy and hold strategy. Am also hoping that more coverage of this counter by other brokerage firms....

Instead of putting part of my $$ into fixed deposit, i chose to invest part of my $$ in this counter.

 

Hi Happyseah

Hope it will hit USD $1.50 (based on fundamentals or TA?). Any time frame for your target price?   Salute you for your optimism  on this counter. With USD now on the downtrend, whatever gain may be eroded by  USD loss -  call that a double whammy.  Not vested yet, as float size  is too big for comfort, it appears to be too pricey and USD has been downtrending . 

 

The director heard me...and bought a million shares tdy...  :)

Date of change of Interest

15-05-2007

2.

Name of Registered Holder

ROBERT VISWANATHAN CHANDRAN

3.	Circumstance(s) giving rise to the interest or change in interest	Open Market Purchase
	# Please specify details

4.

Information relating to shares held in the name of the Registered Holder

No. of Shares held before the change 590058000   As a percentage of issued share capital 45.65 %   No. of Shares which are subject of this notice 1000000   As a percentage of issued share capital 0.077 %   Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.8628     No. of Shares held after the change 591058000   As a percentage of issued share capital 45.73 %

 

 

Buy and hold!

 

Low volume these few days. sellers are also mainly retail investors. Be patient with this counter.... buy and hold and no contra please. I am still waiting for it to hit US$1.50...  :)

 

Hi, Victorf, please, where you post your recommendation stocks? Thanks. 

 

you are right...there are always opportunities around and every quarter we will choose less than 10 stocks for buying based on TA and FA and taking a mid term 1-6 months view...so far for the year, we have acheived high returns on most of the stocks...but we do have stocks for long term view (1-3 years)...good luck

 

It's ok for those who has missed out on this stock. The are always opportunities around.

Fundamentally, this is a very very good stock. Buy on dip if you think it's too expensive at this price. Note however the PE ratio for this stock is not high. Buy and hold for the long term please...

I also believe earnings for the 1st quarter would be good..which is due to be announced soon....

 

still the same word...do not sell early and let it run till above $1...when we issued a buy at around mid March when it is in 50 plus cents, and congrats to those who follows and another above 50% gain within two months....YOU NEVER WHO IS NAKED UNLESS THE TIDE IS DOWN...good luck

 

Posted: 29-Mar-2007 16:59
x 0 x 0	FA and TA wise, this is a good counter to buy...foresee will reach $1 by end of year...not for contra and good for mid-term investor...good luck