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viruz7667,i pick-up 10lots( not too greedy) at 0.775 hopefuuly still can get some kopi $$. care to join me? good luck to me
it's still not too late, i still consider 0.785 still quite low. remember -
how high is high or how low is low, it's all decided by the mkt. Be vigilant and run faster than cheetah if you find mkt is against you.
no risk no gain right? good luck
UOB TP 1.80, give 50% discount e.g. 0.90. what do you think?? can buy?? for long term ok. for me with this volatile mkt - hit and run lah. manage to hit 0.715 and run at 0.77
check this out -
http://sg.uobkayhian.com/page/site/public/english/pdf/RMN_0326.pdf
watch out for this chongster
broke 0.705 and touch 0.715
Hope afternoon more good news
Dear Soloman,
Last month yes............. but today another way round perhaps, as all S-stocks valuation have reached satisfied/justified true bargain level, with potential upbeat in price in the near future. Not to mention about long awaited up coming QDII positive effect on S-stocks upward potentiality.
soloman ( Date: 20-Mar-2008 21:23) Posted:
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China XLX Fertilizer Ltd. - Margins increased despite increase in coal prices
· Despite surge in coal prices, China XLX average urea costs in the first two
months of FY2008 only rose by approximately RMB 31/ton (about 3%)
against its FY2007 full year average urea costs. This was principally due to
its cost efficiencies led by technological upgrades and savings in electricity
costs.
· However, the average urea selling prices for the first two months of
FY2008 increased to RMB 1,720/ton, representing an increase of
approximately 10% as compared to previous year, far outweighing the
approximate 3% increase in urea costs.
· Therefore, the company enjoyed better urea margins in the first two
months of FY2008 as they were able to increase urea prices and control
costs effectively.
WestComb report today...
China XLX Fertilizer Ltd. - Margins increased despite increase in coal prices
?
months of FY2008 only rose by approximately RMB 31/ton (about 3%)
against its FY2007 full year average urea costs. This was principally due to
its cost efficiencies led by technological upgrades and savings in electricity
costs.
Despite surge in coal prices, China XLX average urea costs in the first two?
FY2008 increased to RMB 1,720/ton, representing an increase of
approximately 10% as compared to previous year, far outweighing the
approximate 3% increase in urea costs.
However, the average urea selling prices for the first two months of?
months of FY2008 as they were able to increase urea prices and control
costs effectively.
Throw away CHINA stocks
Buy Spore stocks
Today, y hit high vol? Anyone knows?
Looks like heavy selldown... Breakdown liao...
CIMB put as neutral today.
UOB say tp is 1.84.
Top picks.
consumer-related stocks in view of the buoyant demand in the domestic
consumer market, such as Beauty China (BCH SP, Target: S$1.41), which
has a well-known brand and an established distribution network, and Sino
Techfibre (SINOT SP, Target: S$1.85), which serves as a niche market leader
with a solid customer network (which is able to win orders from the People?s
Liberation Army), and b) agriculture plays like China Farm (CFE SP, TP
S$0.74) and XLX (CXLX SP, TP S$1.84), which the government delivers
strong support and is little affected by the tightening policy.
http://research.uobkayhian.com/research/content.show.action?filename=2008032009412605039620736.pdf
Hmm...to short or not to short...
yup...i guess that was because the market was bad and the volumn was low...so i guess people could push down the prices easily..
might recover quickly if market turns a bit positive..
Hmm.. but based on the chart, it looks bearish right? On the downtrend...
Any other views?
The price keeps hugging the lower bollingerband.. looks bad.. where is the next support? Anyone knows? Seems like a free fall liao..
Interesting read! Thanks!
With food commodities prices raising, could this be a good stock to hold? (They need fertiliser right?)
