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Wonderful chance to Buy SINOSTAR
Wonderful Chance to buy for long term-Sinostar -------------------------------------------------------------------------------- quote="happyday"] Quote: Originally Posted by 88win88 It will be a more than $2 stock............... Buy..will cross $1 to $1.25 at least matter of time..ipo oil related Memaid ipo at $1.56..once contra all out time to soar again Quote: Originally Posted by dielah123 any target price for this counter? ..ytday present a wonderful chance to buy back from 85 to 88cts...still have upside for oil/LNG stocks...esp china oil related stocks ending with sino..pec....TP $1.25... 2 to 3 mths..slight drop due to those can't pick up..but the swift recovery shows Sinostar has quick tendency to rebound..swing trade position stocks :P /quote]    |
Looks like $1.25 is not likely to be reached in the next few weeks, not to mention $2.
reply to those who PM me...
Fear of high oil price,Sharp drop in Dow,memory of Oct 19,1987 Crash..HK and Nikkei also sharp drop..actually want to recover..hitting a high of 78.5/79 but afternoon sentiment worsened..Ok lah Bro..Chinese co with pretax profit>RMB 100,000 shd be safe..sinostar is definitely better than RH Energy,Ouhua,ChinaPetroTech,Skypetrol,etc..all these no comparision...if can hold will recover..see how I pick Juitian,Epure and Sinoenviron...72 to 90cts for these 3 stocks and they > than doubled..Waiting at 65 to 70cts to catch Sinostar did not materalise
hlayer, good job..
the price after Oct 3 > 0.76 price.. and it forms a support point.. if the support point breaks, it can free fall to 0.58, and if that really happens, 100 lots cash in should give handsome returns just 1-2 months.. as many lost soul are above 80 cents, not to mention those are waiting to breakeven at 90 cents.... damn, I love china stocks..... Up fast, down fast ... thrills, isn't it?
Thk you. Kam sia. Small profit by cotra on such bad day is good enough for me. Tomorrow will decide again.
hlayar, don't panick leh..ai-jai.
Dont feel comfortable this afternoon. Selling off @ 78 without queuing. Just small gain. Enough.
not need so gam chong, i just contra today, good kopi $$..
tomorrow play again, DOW JONE FUTURE drop 95 points, not need to hold today, tomorrow another good low price bargain...
quote="happyday"][quote="eyes"]sinostar got give dividend? :roll:[/quote]..not now but half year results for 2007 due soon and normally newly listed co..expected ans..profits surpass expectations or forecast of ipo prospectus..previously I got hengxin dividends whenfirst listed last yr got dividends but later sold out btw 73cts to $1.00[/quote]
when ChinaPetrol listed its ipoi n Shanghai in Nov(out in CNA news)..mentioned about impending listing..Sinostar will be given a boost too
quote="chaosdiablo"]Anyone notice the profit margin of Jiutian is actually more than 3 times higher than Sinostar??????[/quote]..after ex bonus..ex warrants will be vulnerable to sell down esp if bonus shares come bk..see innovalue(1 for 1 bonus...) Thomson( 1 for 10)..singapurafinace previously(bonus cum warrants)..I also bought Juitian in May 2006 at 63 to 70cts..that's why I am convinced of sinostar at today's price 75 to 78cts
Got 20 lots at 76! The price I sold off! Now joining back the game.
..quote="Pheonix"][quote="shaneng7"]hey, btw, has anyone actually calculated the fair value of sinostar?[/quote]
... you want to buy, buy.... later cheong, you laugh to bank.
if buy, later plunge, don't scold hor... :lol:[/quote]..there may be some forced selling 111.15 and 4.15pm today..hodling well for sinostar..temporary weakness only
Hello everyone! Great Singapore sale just started with great discount. Buy now and of course MUST be able to hold. WARNING! to contra players this is not the good time to play contra. If you dont want to get your fingers burned, please stay sideline 1st.The overall economy is still sound and sinostar business fundamentals is also good.This is just a black monday or market crashed 20th anniversary.So this dark cloud soon will be blown away.Star will shine again very soon.But remember no CONTRA.
Price is coming down slowly, not ready to get in.
Not much sellers from 80 to 86cts..sellers are likley those who can't pay up...
Sinostar unlikley to drop much..underwriter's support
Sinostar if higher crude oil price will translate into higher petrol chemical supplies prices both updtream and downstream..ie better profit as co is not dependent on outside sources for its supplies but its own parent co ..will want to accumulate > today shd it drop.unlikley to drop >than 15cts with IPO managers support in stablisation process 68 to 70cts unlikley lah
787180 - Thanks for the article below. If there's a sudden drop to 60 to 68c I will sure buy. I doubt anyone will sell at that price unless they are forced to sell.
see analyst who expected this coming correction..
Posted: Sun Oct 21, 2007 9:37 pm Post subject: Special mention of sinostar...by analysts who predicted corr
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October 18, 2007
Market is still filled with " HOPE "
HI Friends
I scan through at least 3 different stock forum and see that even when the prices has fallen a bit, but people are still in the Hope mode.
Yesterday's the market recovered strongly towards the end, causing many people to believe that today will see a another repeat then I'm sorry to say but it wont happen. Yesterday rebound was a technical rebound in the market as the speed of selling was a bit too fast.
At approximate 1545hr, we should see another wave of selling and should your stock is trading lower than yesterday's low by then, then I sincerely advice you to get out first.
I'm not refering or expecting a MAJOR CRASH to come but its just that there is a definite need for a correction and with India + China + US correcting, I cannot see Why HK, NIK and STI or even TWI will be spared for this cycle.
If you are long term investor, then my ony concern for you is that if the share you are buying is worth the buy? Example, if 2 stocks like sino star and eagle to fall, which one will I pick to hold ?
My answer will be [color=green]sino star, because of th nature of its business. [/color]I wish to re interate my point, I still foresee STI to hit 4000 by end of the year BUT I pretty sure we must see 3700 or lower first before we can entice the BBs to come into this market again.
Therefore, rather than waste your effort, time and buy on a losing stock... why dun cut first... let the selling come in... and then when the consolidate at that time, then buy again. By then, when the stock rises, at least you are in the Driving Seat and you select levels to Sell in profit than always be the one who always force himself/herself to cut lost unwillingly.
But of course, the choice is still back to yours.
I'm just coming in from the angle of friend to you.
Cheers!
Yeah. I really hope so.. coz I bought at 90cnt and 87 cnt. The lost due to this dramatic drop is like a half year salary. I am still willing to keep and buy up more if it gose down a lot more. I really hope this star shines again.
Sinostar if higher crude oil price will translate into higher petrol chemical supplies prices both updtream and downstream..ie better profit as co is not dependent on outside sources for its supplies but its own parent co ..will want to accumulate > today shd it drop.unlikley to drop >than 15cts with IPO managers support in stablisation process
