C&O Pharm   

C&O Pharm writeup

Thanks Alex for the good reply.Now i can decide. thank u so much.

i worried about my cno ... just now i noticed a huge sell q that was withdrawn just before the start of trading at 2.Did anyone notice that? What does it mean?Is the huge sell ( fake) to frighten holders into selling at a lower price?

 

My Short Counters.

I'm holding short position for DBS and OCBC Bk.

Hi Alex,

Holding short position means what?

Thank you very much.

Shorting means today i sell a share at example $1, then later before 5pm i buy back at lower price right? must do within 1 day.

 

I'm working at Marine Line one of the largest marine company in Worldwide which is also listed in SGX.

The business is not as good as past year. Need 1 year to be back to the peak maybe surpass.

 

 

InnoTek has very big swing in their profit/Loss.

2006 - Loss 29m

2007 - Profit 68m

2008 - Loss 6m

2009 - Profit 9m

To me, this company is too unstable to Buy.

tea444u      ( Date: 23-Jul-2010 13:14) Posted: Hi Alex... anythoughts on innotek? is it at a good price now? can share?

 

Hi Alex... anythoughts on innotek? is it at a good price now? can share?

 

My Long Counters.

I'm holding C&O Pharm, Wilmar, HKLand US$, GoldenAgr, HL Asia, Noble Grp, Capitaland, SoundGlobal and UE.

I'm looking to Buy SembMar and StraitsAsia.

My Short Counters.

I'm holding short position for DBS and OCBC Bk.

I'm looking to Short CapitaMall, Genting Sp, HL Fin, KepLand, SIA and SIA Engg.

Please note these are just my position and plan. This is not a call to Buy or Short. You invest at your own risk.

novicetrader      ( Date: 23-Jul-2010 01:18) Posted: Hi Alex Thank you very much for the technicals. It is very comforting and reassuring to know that the technicals are still intact. Unfortunately not many of us are well verse with the chartings, hence any technical analysis is always welcomed and appreciated and of great help to novices like me, a novicetrader. I rely a lot on the recommendations by the stock brokering houses and have lost my trousers following their recommendations. Care to share what other counters you are in? Have you considered starting Alexchia blog , I am sure you will get a lot of followers there. Tonight DJI is cheong, at the present moment it is up 220 points, or 2.18 %, and Nasdaq 2.55%. Tomorrow will be a bountiful day for STI...cheers

 

this a good counter but nt active counter. Price move by div, no div then no ppl care, good for long term but your $ will stuck there for long long ,so sell b4 div otherwise not much meat to eat, just 2 cents view.

 

Well tats b4 div...but now lets stay tune for more up action...

 

this counter is nt stable, $0.410 will back b4 div. stay tuned

 

Hi Alex

Thank you very much for the technicals. It is very comforting and reassuring to know that the technicals are still intact. Unfortunately not many of us are well verse with the chartings, hence any technical analysis is always welcomed and appreciated and of great help to novices like me, a novicetrader. I rely a lot on the recommendations by the stock brokering houses and have lost my trousers following their recommendations.

Care to share what other counters you are in?

Have you considered starting Alexchia blog , I am sure you will get a lot of followers there.

Tonight DJI is cheong, at the present moment it is up 220 points, or 2.18 %, and Nasdaq 2.55%. Tomorrow will be a bountiful day for STI...cheers

 

Ha ha... I also regret I did not load up when it was at $0.405.

I was waiting for the jump because I only want to Buy at the beginning of the run, but I did not expect the jump to go 0.430.

Anyway, all technicals are still intact.

1. Support Level at 0.405 and Resistance Level at 0.455.

2. MACD lines are about to cross and move up. Crossing is a confirm Bull Signal.

3. Stochastic lines are still in oversold region and heading up. This is a good time to Buy, with lots of room for profit.

4. RSI at 47% and going up. Crossing over 50% is also a Bull Signal.

5. Price is moving closer to MA20. Crossing above MA20 is Bull Territory.

20 Jul was the Best Time to Buy C&O Pharm, but now is still not too late.

This is still a Good Time to Buy C&O Pharm.

novicetrader      ( Date: 22-Jul-2010 22:53) Posted: Have full confidence on this counter. Held on to all my shares even after XD on July 7. Only regret is that I did not load up when it went down to$0.395. I am quite heavily loaded up on this counter.. Glad to note that the momentum has picked up on this counter. Noted that Alexchia loaded up at $0.425 today, which is a very comforting and reassuring news. Let's hope it will cheong all the way to the next XD on August 26. Putting aside the divident payout of $0.04, my buy price was $0.435. Cheers

 

Have full confidence on this counter. Held on to all my shares even after XD on July 7. Only regret is that I did not load up when it went down to$0.395. I am quite heavily loaded up on this counter.. Glad to note that the momentum has picked up on this counter. Noted that Alexchia loaded up at $0.425 today, which is a very comforting and reassuring news. Let's hope it will cheong all the way to the next XD on August 26. Putting aside the divident payout of $0.04, my buy price was $0.435.

Cheers

 

Extract from Phillips Securities dated 28 June 2010... Potentially another round of special dividends to end FY2010 Till date, C&O has declared S$0.068 of dividends, we could potentially see them paying out part of the proceeds from the sale of investment property as special dividend to shareholders. Based on our estimates, C&O could potentially pay out S$0.08 of dividends for FY2010E and still end up with about HK$187m of cash at the end of FY2011, which is more than sufficient to cover its working capital requirements. However, we think that dividend payout will normalize to S$0.03- S$0.04 annually from FY2011 onwards.

tea444u      ( Date: 22-Jul-2010 15:32) Posted: Hi Novice trader, I saw your write up about c no pharm. I wonder if it is indeed true that c n o is planning to dish out another 1.2 cents div before the year end?  Do you remeber where you read that? novicetrader      ( Date: 05-Jul-2010 07:15) Posted: TP by Philips Securities is S$0.53. Also there is another div in August for S$0.028. I saw in some write ups that total div for FY10 will be about S$0.08 which means that there will be another div before financial year end of S$0.012. All in all excellent div payout for a S$0.455 counter. Under normal circumstances, the price should be shooting up...however with the present volatility, tread with care.

 

wah...good to know i got geng .We hold togather this stock ok?

alexchia01      ( Date: 22-Jul-2010 16:05) Posted: I also brought at $0.425. I'm monitoring C&O Pham everyday. I know that momentum is building up, but was expecting a $0.005 to $0.010 move and planning to Buy once it move. This huge jump took me by surprise, but I buy anyway because I know the chances of C&O Pham moving higher is great. Good luck to you. tea444u      ( Date: 22-Jul-2010 15:33) Posted: Hi Alex, I hope you r  right. Really silly of me to chase.

 

Yup this stock is surely  going to move up towards its TP...

 

Good luck to all who hold it... Actually some reform in China's gov on purchasing of medicine. Big and good quality medicine producer will have an extra edge on competitions (from those cheap/low cost medicine)


Some big medicine factory stock price in China already go up a lot (due to fund managers buying). Some even go up to like 20x PE.

 

I expect C&O benefit from the rules changes as well, though it is not a big cap medicine company.

 

I also brought at $0.425.

I'm monitoring C&O Pham everyday.

I know that momentum is building up, but was expecting a $0.005 to $0.010 move and planning to Buy once it move.

This huge jump took me by surprise, but I buy anyway because I know the chances of C&O Pham moving higher is great.

Good luck to you.

tea444u      ( Date: 22-Jul-2010 15:33) Posted: Hi Alex, I hope you r  right. Really silly of me to chase.

 

i remember i saw it somewhere as well, after they sold the HK asset, which add to their EPS. 

Some analyst "speculate" if their Q4 result still on target, they might end up with extra cash, if no use, will become dividend

I am not young enough to remember all detail, please verify the fact if you choose to believe my word...

tea444u      ( Date: 22-Jul-2010 15:32) Posted: Hi Novice trader, I saw your write up about c no pharm. I wonder if it is indeed true that c n o is planning to dish out another 1.2 cents div before the year end?  Do you remeber where you read that? novicetrader      ( Date: 05-Jul-2010 07:15) Posted: TP by Philips Securities is S$0.53. Also there is another div in August for S$0.028. I saw in some write ups that total div for FY10 will be about S$0.08 which means that there will be another div before financial year end of S$0.012. All in all excellent div payout for a S$0.455 counter. Under normal circumstances, the price should be shooting up...however with the present volatility, tread with care.

 

Hi Alex, I hope you r  right. Really silly of me to chase.

 

Hi Novice trader,

I saw your write up about c no pharm. I wonder if it is indeed true that c n o is planning to dish out another 1.2 cents div before the year end?  Do you remeber where you read that?

novicetrader      ( Date: 05-Jul-2010 07:15) Posted: TP by Philips Securities is S$0.53. Also there is another div in August for S$0.028. I saw in some write ups that total div for FY10 will be about S$0.08 which means that there will be another div before financial year end of S$0.012. All in all excellent div payout for a S$0.455 counter. Under normal circumstances, the price should be shooting up...however with the present volatility, tread with care.