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China Oilfield Technology

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Brendan982201
    13-Dec-2007 22:40  
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wrong channel
 
 
888max
    13-Dec-2007 20:02  
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Bought Sinostar at the lowest price of today 0.53cts.

Dunno tomorrow this price will still hold or not ?

Don't care so much liao , I think it a good price, that's all.

 

 
 
 
jackjames
    13-Dec-2007 17:06  
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can you imagine? can you imagineeee??? from 0.79, spring to 0.94, and slowly die to 0.82... damn, i will be on the queue at 5.15 pm later to queue at 0.79... a ha, don't give excuse to yourself that u cannot buy lowest this time, heeee...

next target is sinostar, not bad... still holding strong above 50 cents.
 

 
jackjames
    13-Dec-2007 16:26  
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good.. let us have a chance to buy cheap, this time, we should not miss !
 
 
harryp
    13-Dec-2007 15:59  
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Vol too thin for BBs to be interested. Probably some SJ forumers doing TA punting...:))
 
 
limhpp
    13-Dec-2007 15:53  
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I think there are no BB in action for all counters recently.
 

 
jasonongsc
    13-Dec-2007 14:49  
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hmm BBs pushing it down again :(
 
 
samloh28
    11-Dec-2007 20:22  
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With excellent management and strong R&D and good connection and persistent high oil crude oil prices, China Oilfield should do well in the next 3 months. My gut feel is S$ 1.20 strong buy.
 
 
sarahlkh
    04-Dec-2007 17:31  
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waiting for it to run... to 1plus again
 
 
jackjames
    03-Dec-2007 15:52  
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i am thinking which one to play contra? ChinaOilField or Sinostar 0.79 vs 0.44 , all are all time low, but sinostar is closer to IPO price, i think play contra on sinostar is safer, what do u think?
 

 
jackjames
    03-Dec-2007 14:39  
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14:38:15

 

0.800

 

40,000

 

Sell Down

 

14:37:44

 

0.805

 

120,000

 

Sell Down

 

14:37:40

 

0.805

 

10,000

 

Sell Down

 

14:37:07

 

0.805

 

20,000

 

Sell Down

 

14:37:05

 

0.805

 

1,000

 

Sell Down

 

14:36:47

 

0.810

 

49,000

 

Sell Down

 

14:36:46

 

0.810

 

10,000

 

Sell Down

 

14:36:46

 

0.810

 

10,000

 

Sell Down

 

14:36:43

 

0.810

 

5,000

 

Sell Down

 

14:36:42

 

0.810

 

150,000

 

Sell Down

 

14:36:41

 

0.810

 

50,000

 

Sell Down

 

14:36:38

 

0.810

 

20,000

 

Sell Down

 

14:36:37

 

0.810

 

50,000

 

Sell Down

 

14:36:16

 

0.810

 

50,000

 

Sell Down

 

14:36:05

 

0.810

 

200,000

 

Sell Down

 



 

SUPER tempted to go in now... jia lat.. how? it will go down to 0.77or not?
 
 
cwz2001
    02-Dec-2007 23:28  
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Yes, current price is attractive, also the outlook is great. It's should be fly soon
 
 
Pinnacle
    28-Nov-2007 22:43  
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It just need a coverage from big investment firm to push this counter up.

Just look at Mermaid.

Furthermore, ChinaOilFld deal directly with oil minning. Its a high margin business.
 
 
jackjames
    28-Nov-2007 21:47  
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still a distance away from IPO price.. but the price is cheap.. compared to 1.20 high..
 
 
jackjames
    28-Nov-2007 13:49  
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no doubts the results is fantastic, when moody market overs, it should start to fly.

 
 

 
Pinnacle
    28-Nov-2007 09:48  
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With oil prices nudging US$100, China Oilfield Technology - which produces equipment used to enhance production from China's mature, depleted oilfields - yesterday reported a strong third-quarter, with net profit rising 80% to 43.1 million yuan (S$8.42 million) on the back of a near doubling in revenue to 82.8 million yuan. For the first nine months, the mainboard-listed China oil play reported net profit of 57.5 million yuan (up 52%) on revenue of 117.1 million yuan (up 50%). This brought its 9M07 EPS to 9.57 fen, up 51% from the same period a year ago. To capitalise on the favourable market prospects, the company said that it will be investing S$34 million to expand, with the bulk, or S$24 million, going towards beefing up production capacity and manpower at its Dafeng Industrial Park facility. Another S$6 million will be spent on enhancing its ASP (alkaline-surfactant-polymer) injection equipment and on plans to build a R&D centre in Beijing, while the remaining S$4 million will be used to expand its sales network, including to western and north-western China.

 

 
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