China Paper   

China Paper

Monday is a green, but with some red on tech stocks, so my guess CP can test water above 0.40 liao b4 it settle around 0.40cts, last Fri was not a so good traded day, see strong supporter bot up last week end. I like it coated paper business which CP boss is focusing now. 

 

Good or not, it ok w/me, today tested 395cts w/big deal traded at 12:01-39cts(1mil), 15:07-385cts(1mil) and at 15:15-39cts(1.4mil) & well supported and closed at 38cts on a vol of  10.7mil shares traded. I regard this stock is still traded at low PE ratio, still worth consider a buy option. For once d dividend is worthy for it px to purchase (is hold for me).

 

IC.....but I understand WS fund manager is not very good.......always missed the gem but bought into companies that didnt perform....

 

With such CP boss running their own & with controling interest of 24%. I think China paper is in good hand, likely another reason is that Some Fund that he approach to sell his shares may have shown not interested in his firm, given fund hv alot more choices to look at, a case of wrong time, wrong place, so he likely in this case sold it to d public on ave $0.378cts.

 

ws? Wallstraits, See www.wallstraits.com.. U can some times guage some Chinese stocks here. some crazy px oso, look today like another day of cautious play, player maybe side line, watching oni as many got burn.

 

What is WS fund?

 

I once tot CP Boss & Dir sold his stocks (shares) at such a px of $0.375cts, must be crazy, well he's rite after all, got vision to anticipated his vision and still holding 24% or maybe more, hving such a boss around will definate is a plus, his CP can hv a good run when time comewhile AIG is out, WS fund is in, with all blue chips+China stocks been in red. CP closed at $0.375cts -1cts on a vol of 6.6mil shr.

 

B4 i can think of mth to wait...liao, jus 2day oni memm.. paper tested $0.395cts & closed at $0.385cts + 005cts on a low vol of 3.9 mil shares traded.

 

wow.. still got strong supporter at 38cts memm.. given this 2days with all kind of negative news and even more terrible news like Iran vs US, US vs N.korea, China vs Taiwan, terrorist vs d US and d west, still remember Sept 11 or 911. With so many probably and oni one is actual been play out. how long or short such mkt can rise again, mth or year, me think mth is more logical answer.

 

Fell to 36.5c. Support at 38c broken.

 

Downside limited..well support3e at 38 cents. Resistant is at 44 cents.

 

Downside limited..well support3e at 38 cents. Reisistant is at 44 cents.

 

good, v good hope it choengg..again yah.. closed at $0.415 +.015cts on a better vol of 18.29mil shr traded.

 

woh...run already!!

 

Great job!! That is exactly what I thought too. I facts are there, but as usual fearful and confused investor just choose to ignore them!!

 

Boy, many good news coming... 1. Coated Paper Production offers better profit margin. 2. 20,000mt additional capacity to be completed by Q2. 3. Leverage from wheat plup cost saving. 4. Q2 result will also be very solid. 5. Near to 300m CASH. Possible M&A!! Strong Buy.

 

I am oso review my portfolios, better kang tow coming, anyway CP on going business is still very good, esp coated paper.

 

15:00 hours, big boy bot up 1.3mil shares 40cts. +2cts,so get ready to cheongg..ahh, isit like that !?. yah..

 

Boy, don't talk to yourself..like that how to improve??? Strong buy!!

 

Alamak!! Seem CP 37cts cannot reach liao, very differcult leh..Q at this px, cannot get leh... I 1 2 ave off, if not i 1 2 sell off if it get to 43-45cts & take my kopi $$$ & buy some other stocks.