
Any advice on the entry price and target price to share?
Good volume yesterday (19.8million) and looking from the chart , it has surged pass the upper bollinger band. There is room for futher upside.
ed88ks you saw that too? haha. wonder if my eyes were deciving me. must be a big order from client. look at the amount of neatly stacked bars... must be the construction boom..
Let's hope that it will Cheong pass 0.50 tmr.

Comparison of different Companies - Dated 05/07/2007 (DBS Vickers)
Finally...... Cheong......Hope that this counter can reach $0.50 today
IF U DRIVE ALONE jALAN AHMAD IBRAHIM , THE OLD SBS INTERCHANGE, U WILL SEE THE STOCK THEY ARE HOLDING, FULL WITH WAREHOUSE OF STEEL. SURE TO PROFIT SOON FROM THE ORDER COMING
As what i alwys say, have faith in this counter !
Cheers !!! Trust elf is still holding and should be very happy as well :)
Up, up, up ....

Good volume too...
Finally here....

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This is not a speculative counter. It is a solid counter. Investment is for mid to long term. Have faith. Once it moves you will be smiling ear to ear. Also look towards dividends, rights issues, bonus issues. Not an exciting counter if you are looking for daily price movements. But at least your investments are sound. My personal opinion.
Be patient. Waiting for the East wind to blow.
WHAT HAPPEN TO THIS COUNTER ? MARINES, OFFSHORE,CONSTRUTION...COUNTER ALMOST ALL FLYING...BUT WHY HG METAL STILL NO SIGN OF MOVEMENT ? ALL THOSE INDUSTRIS NO NEED STEEL ? ANYONE CAN GIVE COMENT ? THANKS!
Yes, I tend to agree with novicetrader. This counter is slow and steady.
Whether the mkt is good or bad it is still moving up.

Better get in before it is too late. Price currently well supported at $0.46/$0.47 range. Also the volume is higher than normal. Rise is slow and steady and well supported. This is not a speculative counter. More for mid to long term investment.
I am keen in this counter too. Everything looks fine to me but one thing that disturbs me is the margin of earning. Their profit margin is always below 10%, about 6-7%. This is because they are middle man buy and sell, in between they make a little margin. Hope that they take in the sand blasting will increase their margin. Not vested yet!
i've been monitoring this counter for a while, good fundamentals (revenues and earnings/ assets to liabilities / p/e ratio all seems attractive).
Not to mention the great market for its business, given the rising prices of Steel.
- Its management is also efficient in the acquiring of sandblasting business to enable inhouse sandblasting, a key component in the maintainence of ships.
Marine and Construction are 2 big industries in Singapore for these coming 3 years. and HG metal seems to be in a very good position to benefit from it.
in my humble opinion, a capable management + a good business + stable fundamental + low price = good counter to invest in
knee jerk reaction. still holding very well. price fluctuating around $0.46. healthy volume. this week not a good week with CORRECTIONS in the chinese markets, and jitteries in the US markets because of the much awaited Federal Reserve meeting on interest rates.