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701-720 of 744
I have contra gained yesterday and this morning.
Hope the star is as bright as possible, and not "see no star".
Cheers
quote="CNADir"]REALLY???
coz my broker so far chun abt this counter. yesterday say 88 after lunch, really 88.
today she say 90+.
ok let's see how.....[/quote]..many shorted btw 85.5 to 87cts...hve to cover unless they want to be naked...debut day 26Sept many short 58 to 59.5cts then mon 1 ,Oct buy in from 66 to 70cts....many short again on wed 3 Oct...looks like Mon 8 Oct the nakedist will be stripped to their bones...notice before mkt close normally move up again....dip first forced sell 41.15pm to 4.30pm
Price will remain high >80cts as many hve short this counter when it was 77 to 86cts...Bb is likely to maintain at high..today may go up another 4 cts to 89/90cts..just watch out
quote="happyday"]Posted: Tue Oct 02, 2007 3:04 pm Post subject: Load sinostar now !!!
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this report dtd in late september and I always trust DMG report, very zhun. This stock is for long term keeps. Cannot paste all- very looooooooong report and I recvd in PDF, just some of the key points
Sinostar (SSTAR SP) Destined For Success
One of the largest downstream petrochemical producers and suppliers. Sinostar has a capacity to process a total of 350,000 tonnes of raw LPG to produce propylene and LPG, and 50,000 tonnes of polypropylene per annum.
With such a large capacity Sinostar has an advantage over competition as barriers of entry are high.
Strategic affliation with Dongming Petrochem Group creates competitive advantage. Sinostar's strategic affiliation with Shangdong Dongming Petrochem Group and its affiliated companies is vital, as Dongming Petrochem Group is one of the largest privately-owned crude oil refiners in the PRC, which ensures Sinostar a 20 years contract of secured supply of raw LPG.
Strategic location of Sinostar production facilities. Sinostar's
production facilities are strategically located within Zhongyuan Oilfield,
one of the largest oilfields in the PRC which is rich in energy resources.
The close proximity to energy resources, access to efficient transportation
networks and major highways attracting customers within a 400km radius.
China's market shows strong economic growth which provides long term demand for Sinostar's products. The demand for Sinostar's products is expected to increase as China's economy begins to sustain its current growth. With improving living standards and increase consumer spending, Sinostar expects to ride with the wave and profit from the current demand of its three main products (LPG, propylene, and polypropylene).
Future plans of a joint venture. Through this IPO, Sinostar has announced its vision to enter into a joint venture with one of its strategic suppliers, Dongming Zhongyou, to construct a heavy oil conversion facility with a maximum capacity to process 600,000 tonnes of raw LPG and other derivatives. Through this joint venture it will expand its current output of 350,000 tonnes of raw LPG per annum.
Sinostar is destined for success because competition within this industry is not relevent. The demand of LPG, polyprylene and polypropylene is so great that not even Sinostar and its competitor can meet its domestic cosnumer's needs. Every year domestic demand for propylene and polypropylene surpasses domestic supply.
Its strategic alliance with dongming Petrochem Group is vital because they provide a cost competitive advantage, ensuring a stable and ling term supply of raw LPG which is need to produce LPG, propylene and polypropylene. Sinostar has a 20 year contract with dongming Petrochem Group that insures Sinostar 100% raw LPG output.
Sinostar is one of the largest petrochemical suppliers within a 400km radius with the ability to produce 350,000 tons. This reveals why barriers of entry in this industry is so high. Therefore we believe this creates longer term success for Sinostar.
Sinostar's debt ratio is a major incentive with a ratio of 0.1x for FY04, 0.2x in FY05, and 0.6x in FY06. Simply put, Sinostar is a cash cow.
Posted: Tue Oct 02, 2007 3:48 pm Post subject:
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Posts: 1961
Location: 熊猫村
Posted: Tue Oct 02, 2007 3:51 pm Post subject:
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happyday
Joined: 20 Apr 2007
Posts: 1767
Posted: Tue Oct 02, 2007 11:07 pm Post subject:
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Just looked at the prospectus. NTA is 11.46cts!, EPS 2006 : 3.91cts PE: 19years.
Rev: 1000M RMB: Profit : 97M RMB. Interestingly, 2005 and 2006 profit jump 6.4 times...The ipo price of 38cts is artifically as mkt just came out of the sharp correction in July/Aug....imagine China Energy was issued at ipo of 82cts and when it hit $1.10 few pple dared to buy thinking it would drop to 90cts but it moved to $1.40 stayed there and even hit a high of $1.93.....same for Sinostar hovering at 55 to 59cts ..many want to buy at 50cts..but today at 76cts with such high vol ..BB are collecting hve to push >$1 so that its mkt capitalisation will be big enough to qualify for funds under QDII to buy[/quote]
Sinostar is the few counters that went up 4 cts to 80cts when all S stocks mostly headed lower after recent sharp run up..the run is still on ..likely will push up higher .$1 to increase its mkt cap..if China Energy at $1.64 which is ab double sinostar's current price of 82cts and China Energy eas ipo at 82cts and business wise quite similar..Expect SinoStar to be a better substitute...accumulate :P on dip..star buy...intend to buy > at 80cts fro 3 to 6 mths
SGD 262 million dollars traded today, the volume is very beautiful and strong..
Think better not be greedy, buy back at 805
Short at 870 seemed to be the correct decision, now queuing to buy in at 800 (if not 805 if it cheong again)...yeah
Stars dropping from the sky. Be careful, it's not going to reach a $1.
SEE NO STAR !
Nothing is for sure, trade with care all.
Who can be so sure? $1....
what can i say, do contra , follow the BB, for long term? forget it...
contra can earn more, just pump in 50 lots.. but again.. never be too confident yourself, $1 so sure? then, why not, I give you 100K to you to buy this counter, and I only want 0.90 cent exit, the rest is yours..
well, when time is good, u will shout very loud.. trade with care dude.. more things to learn..
interesting enough, earning money is the rules of thumb.
787180 , I agreed with you that this stock will shoot up to > $1 soon
This stock is really incredible... Hat off..
Hit 86cts....
Yesterday I still scream buy at 76 to 78cts ..one old bird jeered at me...today is now 85.5-86cts..never underestimate this counter now that the contra over new batch of contra or shortist will come into play bearing in mind last wed 26Sept was its debut..will cross $1 in less than 1 mth may even surpass Uniasia superb performance...hurrah :P
| Posted: Tue Oct 02, 2007 3:04 pm Post subject: Load sinostar now !!! |
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this report dtd in late september and I always trust DMG report, very zhun. This stock is for long term keeps. Cannot paste all- very looooooooong report and I recvd in PDF, just some of the key points
Sinostar (SSTAR SP) Destined For Success
One of the largest downstream petrochemical producers and suppliers. Sinostar has a capacity to process a total of 350,000 tonnes of raw LPG to produce propylene and LPG, and 50,000 tonnes of polypropylene per annum.
With such a large capacity Sinostar has an advantage over competition as barriers of entry are high.
Strategic affliation with Dongming Petrochem Group creates competitive advantage. Sinostar's strategic affiliation with Shangdong Dongming Petrochem Group and its affiliated companies is vital, as Dongming Petrochem Group is one of the largest privately-owned crude oil refiners in the PRC, which ensures Sinostar a 20 years contract of secured supply of raw LPG.
Strategic location of Sinostar production facilities. Sinostar's
production facilities are strategically located within Zhongyuan Oilfield,
one of the largest oilfields in the PRC which is rich in energy resources.
The close proximity to energy resources, access to efficient transportation
networks and major highways attracting customers within a 400km radius.
China's market shows strong economic growth which provides long term demand for Sinostar's products. The demand for Sinostar's products is expected to increase as China's economy begins to sustain its current growth. With improving living standards and increase consumer spending, Sinostar expects to ride with the wave and profit from the current demand of its three main products (LPG, propylene, and polypropylene).
Future plans of a joint venture. Through this IPO, Sinostar has announced its vision to enter into a joint venture with one of its strategic suppliers, Dongming Zhongyou, to construct a heavy oil conversion facility with a maximum capacity to process 600,000 tonnes of raw LPG and other derivatives. Through this joint venture it will expand its current output of 350,000 tonnes of raw LPG per annum.
Sinostar is destined for success because competition within this industry is not relevent. The demand of LPG, polyprylene and polypropylene is so great that not even Sinostar and its competitor can meet its domestic cosnumer's needs. Every year domestic demand for propylene and polypropylene surpasses domestic supply.
Its strategic alliance with dongming Petrochem Group is vital because they provide a cost competitive advantage, ensuring a stable and ling term supply of raw LPG which is need to produce LPG, propylene and polypropylene. Sinostar has a 20 year contract with dongming Petrochem Group that insures Sinostar 100% raw LPG output.
Sinostar is one of the largest petrochemical suppliers within a 400km radius with the ability to produce 350,000 tons. This reveals why barriers of entry in this industry is so high. Therefore we believe this creates longer term success for Sinostar.
Sinostar's debt ratio is a major incentive with a ratio of 0.1x for FY04, 0.2x in FY05, and 0.6x in FY06. Simply put, Sinostar is a cash cow. |
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 Posted: Tue Oct 02, 2007 3:48 pm Post subject: |
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Location: 熊猫村
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happyday
Joined: 20 Apr 2007
Posts: 1767
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| Posted: Tue Oct 02, 2007 11:07 pm Post subject: |
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Just looked at the prospectus. NTA is 11.46cts!, EPS 2006 : 3.91cts PE: 19years.
Rev: 1000M RMB: Profit : 97M RMB. Interestingly, 2005 and 2006 profit jump 6.4 times...The ipo price of 38cts is artifically as mkt just came out of the sharp correction in July/Aug....imagine China Energy was issued at ipo of 82cts and when it hit $1.10 few pple dared to buy thinking it would drop to 90cts but it moved to $1.40 stayed there and even hit a high of $1.93.....same for Sinostar hovering at 55 to 59cts ..many want to buy at 50cts..but today at 76cts with such high vol ..BB are collecting hve to push >$1 so that its mkt capitalisation will be big enough to qualify for funds under QDII to buy |
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If can drop below 75cts will grab some >..having bought all the way from 55 cts to 65cts
Yes, too risky.... Better let it stable down first.
Too risky to go in now.. There shd be a correction. Go in at the end of this week. 60 to 65 cents...
Hi sold my Sinsostar at 80cts this morning and buy back at 76cts to keep 3 to 6mths...previous experience epure(buy at 78cts),Sino-envir(buy at 80cts),Juitian (buy at 67cts)...sometimes it is good to hold 3 to 6 months..including my BengKu..definitely not Sunvic or unionmet..petrochemical supply will not die..sure cross $1..if not I underwrite yr loss..ha..ha just joking but base on my 20yrs experience Sinostar will not fail U...hve to push higher..so far not rank by mkt capitalisation for QDII fund but with 169mil shares..sure will become insitiution favourities like ChinaEnergy,Yanlord,Synear,etc..not too late to accumulate
Hi,
Just looked at the prospectus. NTA is 11.46cts!, EPS 2006 : 3.91cts PE: 19years.
Rev: 1000M RMB: Profit : 97M RMB. Interestingly, 2005 and 2006 profit jump 6.4 times with 2004 and 2005 profit rather flat.
I hope this is not another SunVic or Unionmet.
Andrew
Tks Timewatch but if predictions went wrong plse don't blame me....my BengKuang shot up to 88ctsstill not too late ( I recomend at 81cts)...buy Alantac Technology for quick punt going to spike up soon..remember never play contra..then U'll win
