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Chinapaper uptrend today , I hope it breaks across the 16.5cents soon the next level should be 19cents to 20cents.
Daily as i read,watch and pickup more info. news on China concern on high domestic inflation. China's stronger regulation policy on bank reserve. Tighter policy on properties. The yuan is moving up slowly.
Good News for the Chinese consumer market and great for growth stock like ChinaPaper in the short term. The next concern would their export sectors can it still be competitve with stronger RMB, mostly likely Yes if innovative products are produce
value for money.
A Good example is smart phones, engery efficient cars
Good Investing
ezy
website :
www.stockmarketwatch.info
Disclaimer…The subject matters expressed above is based purely on technical analysis and personal opinions of the writer. it is not a solicitation to buy or sell.
| China Paper to invest in $3.9m paper stationery production facility |
| WRITTEN BY THE EDGE |
| WEDNESDAY, 01 DECEMBER 2010 17:50 |
Mainboard-listed China Paper Holdings, the vertically-integrated mixed pulp paper and paper chemical products manufacturer, says it will invest in the construction of a new paper stationery production facility.
China Paper says unit Biosuccess Limited has established a wholly-owned subsidiary, Linyi San Xin Paper Products Company, for the investment.
An annual 5,000 tonnes of paper stationery mainly comprising of writing pads, notebooks and notepads will be produced from the new stationery production facility. Furthermore, part of the scrap paper from the group’s uncoated printing paper production will be used in the printing of the paper stationery.
The group aims to capitalise on the demand for cheaper paper stationery by schools and book stores in Linyi City, where it is located. Currently, such paper stationery products are supplied by printers from other provinces whereby higher transportation costs are incurred. As such, the group intends to produce its own paper stationery to supply to neighbouring schools and book stores in Linyi City, for use by students.
The average amount of capital expenditure for the Investment is estimated to be RMB20 million ($3.9 million), which will be fully funded by internal resources. About 90% of the said RMB20 million will be used for acquisition of plant and machinery and the construction of related infrastructure, and the remainder will be used for working capital and other miscellaneous expenses.
/theedgesingapore//
tks.. will still hold until over 20cts then consider sellng
jack31 ( Date: 11-Nov-2010 14:19) Posted:
| sold at 0.155, gd luck to all vested. |
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sold at 0.155, gd luck to all vested.
Ferrari liao.. volume surge!!!
Jackpot2010 ( Date: 11-Nov-2010 12:27) Posted:
Hit 15.5c - Push UP just started......don't sell till 18c.
3.8m Buyer @15c vs 2.7 seller @15.5 |
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wa.. 1800 lot buy at .155.. just hold is not lunch time fake q.. damn... so F@&#^ tempted to take profit... haha..
Jackpot2010 ( Date: 11-Nov-2010 12:27) Posted:
Hit 15.5c - Push UP just started......don't sell till 18c.
3.8m Buyer @15c vs 2.7 seller @15.5 |
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Hit 15.5c - Push UP just started......don't sell till 18c.
3.8m Buyer @15c vs 2.7 seller @15.5
woooo. cheonging again liao.. very very tempted to take profit..
Jackpot2010 ( Date: 10-Nov-2010 15:29) Posted:
| Hit 15c. But don't take profit yet. It's crossing 18c soon..... |
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Hit 15c. But don't take profit yet. It's crossing 18c soon.....
result out yesterday liao.....good profit increased... you may want to read at SGX
Jackpot2010 ( Date: 09-Nov-2010 10:54) Posted:
| Reason given by mgt was expansion of plant capacity - could be true or lie. They don't believe in bank borrowing - good bcos interest going higher in China. If Q3 announcing next week, show revenue UP, then some truth. But I feel CPaper is a better bet than many other s-chips. Just vested 5 weeks ago @Cost 12.5c, must wait for a while to hit 18c (my TP). |
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Reason given by mgt was expansion of plant capacity - could be true or lie. They don't believe in bank borrowing - good bcos interest going higher in China. If Q3 announcing next week, show revenue UP, then some truth. But I feel CPaper is a better bet than many other s-chips. Just vested 5 weeks ago @Cost 12.5c, must wait for a while to hit 18c (my TP).
looking good...FA.....cash alot....business growing.....but some thing that i did not understand..why they do a right issue when they had cash in hand....anyone care to share??.....not vested yet...hehehe... a million thanks..
Jackpot2010 ( Date: 09-Nov-2010 10:08) Posted:
Those who missed the rally so far, consider this 1. Today high volume. |
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Those who missed the rally so far, consider this 1. Today high volume.
what is the status of this stock.... buy !
it just started.. 1st target.. 15cts.. at 200MA.. break that and we will be ho seh liao..
handon ( Date: 25-Sep-2010 16:35) Posted:
this one slow like tortise.... other rabbits already run like siao.... hehe.... 
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this one slow like tortise.... other rabbits already run like siao.... hehe....
Remember to subscribe for Rights @12c - via ATM Deadline b4 9.00pm tonight. This morning was Top 20 volume. High was 14c. Strong buying @13.5c!
bec its the best deal on town.. keep waiting.. maybe once rights listed may drop slightly.. but also might nt happen..
tkimcs ( Date: 21-Sep-2010 13:01) Posted:
| want to buy, nobody want to sell to me at $0.13.
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want to buy, nobody want to sell to me at $0.13.
Thanks for advice!
