
oh no... don't worry.. i totally don't feel that way.
hlayar, sure it can go down to 43 cents, it is not that hard to reach there.. or I should say, it is easy to reach there again..
with all the lousy results china stock, such as hengxin, unionmet, sunvic, starpharm, fabchem, ouhua, etc.. they are all now reaching 5% close to historically low.. so, give them another DOW RED WEEK, all break the history low.. watch it.
Jackjames, sincere apologies if i hv offended you, just joking with you. HUAT ARH.......
Why not? It is that price two weeks ago.
Does anyone think it will go down till 43-45?
jackjames,
so far the lowest is 0.435.....

buy low , sell high what...
wow!! jackjames so black hearted waiting for 0.43, me not so bad lah waiting for 0.44-0.45 oredi damp mine at 0.635 last few days make some kopi $$...hehe
welcome back sinostar, i am waiting at 0.43
fortunate to be still trading above ipo.
China yesterday(Today's S.Times) orders stae firm including oil,petrochemicals,telecomes,etc to pay dividends 5 to 10% next year...Sinostar is in oil related petrochemical fields..int its prospectus,it may or may not pay dividends but since it is profitable..is likely to pay dividend..eg I don't ever recall Epure paying dividend since it has public listed for > 1 year ..probably it is not state own like sinostar too
I believe it will just go up gradually and hit 70 cents very soon.
to early to say and be so bulllish.
If there's no more major bad news ahead, sinostar will definitely try to hit $1 again. Time to accumulate now. Will hold it til reach $1.
If want to play short term, study how to read charts. If want to play long term, study the company business.
Sinostar has remained above its ipo price of 38cts despite the worst scenario and during sharp market corrections.It is still better tahn China PetroTech and Sky China Petroleum in terms of share prices and profitability.Sales of its LPG biz is expected to continue to soar and when the ipo proceeds are partially utilised for the purpose below generated returns say 1 to 2 years time share price has good chance of crossing $1.definitely for long haul and not for short term contra trading.
Sinostar PEC and Dongming Zhongyou will jointly invest 560 million yuan to build a gas fractionation facility. The facility can process 250,000 tons of gas annually, bringing Sinostar's raw liquefied petroleum gas production capacity to 600,000 tons per year.
i hope 60cents will be a strong support level to build up from...

Wish all the best who vested this counter include myself

PATIENCE!!! PATIENCE!!! PATIENCE!!! is the key of success.
Stocks that moving up and down is healthty. Stocks that just all the way up without good reasons is a dangerous stock.
Back to early 60's! Time to think again. Most stocks do not move up in a straight line like UniAsia.
Just want to say something to bring up this thread.