Synear   

Dare to try it?

Last week I posted, Cimb stated target $0.58. Thus, we all know when target set at S$xx, we should minus 30%. Just like any stock, when target set for example  DBS $24.7 (12 mths), but we know it hardly hit. So , please sell away !!!

 

AVOID,,,,,,,,,,,,,,BIG BOY SHORTING,,,,,ONLY ONE WAY,,,,,,,,,,,,,,,,,,,,,,,,,,,,,SELL AWAY DONT LOOK BACK,,,,,,,,,,,,,,,,,,,,MARKET PIT JIA

 

trading at 0.53, time to buy ? or will it drop further ? any comments ?

 

well...rule of thumb...any msia related stock listed in SGX..eg. palm oil related counters???...and of cos general heavy blue depending on US for exports..eg STENG?? VENTURE ??? ...sure can SHORT !!

happy shorting !! :D

 

 

nick, what will you short tomorrow? I follow you...hehehe!

 

no worry....flexible tactics sure win u $$...given the bad outcome for msia election sure will hv some hiccup on the regional stock..hee...

SHORT palm oil related counters...

 

lol...nick, I am dead wrong about DOW last night! Looks liks Monday will be a big selling day, I agree. As for SYNEAR, my entry was 58¢. If it trades ard that range, I might not let go. My only concern is SGX which I accidentally left open position over this weekend. Let's see how lah.......Dun worry about teasing me, JJ....lol, I am game for that, have some fun. We can't be right all the time.

 

don't tease my friend idesa168, he was bullish while it was 2.30... that's exactly when QDII funds announced... the rest of the story, he already replied below.

heee... we shall collect some cheap cheap china stocks for bull run, come on.... just easy 4K in each dirt cheap china stocks.. i am ready, what about you guys?

 

idesa & all,

well...DJ was -ve 146....looks like i m dead right again...anyway gd luck on your trading on Mon....

it will be USUAL SHORT trading again....hee....ya usual counter KEPCORP,SGX and CITYDEV...hee...heavy wt blues.....hee...

:P

 

Nick, I am afraid you might be disappointed this Monday if DOW trades at +/- 10 points. No counters will go deep if going down. There are chances that some selected counters will instead fly. First Resource will be the first in the list to fly as technical rebound is sure to happen that today it dropped like a stone. SGX might have chance to trade gap up. As for KC, 50/50 since it is an oil related play.

Techsys, thanks for your concern. I remembered you were with me when we traded SYNEAR that time when it surge pass $2.30 range. Now, you can see how much its worth. I had since let go all my holding around that time and trades the counter in and out. The only profit I made was only that time. The rest of my tradings in SYNEAR broke even. Made some loss some. Smetime I short, it went up. Sometime I long it dropped...sigh!

I treated all s-share nowadays as trading buy. Cannot keep for long as the most of the counter cannot take the inflationary story in China and can't take the blow from the US. SYNEAR one bad earning the share price dropped almost 40% in a day. YZJ dropped like a stone lately, and I believe the selling is not done yet.

Infact I am into GOLD now, which I think is the best asset class in this mkt sentiment. Although it's high now, but I believe it will go higher based in inflation in US, weak economy and the weak US$, the foremost is the oil rocket price.

 

Hi idesa, are you still holding this company?

How deep have you burned ?   Don't mention mine, I have to keep it for long term investment.. Will stop trading stock anyway. 

 

gee...pre trading DJ is -110 now...this monday sure any HAPPY SHORTING DAY again...ayo.....

wonder KEPCORP shld let it test $9 ??? hee...

:D

 

Contra or not, $$ is in. The kancheong is natural. The closing is disappointment.

 

idesa..ehh u vested CONTRA is it ?? so gan cheong ?!?!? :D

 

Come on baby! 59 now!

 

For busy lifestyle, freeze food is the second best. Unless the unemployment rate is high, where ppl lost their jobs, then they will stay at home and cook themselves...

 

YA Food & Beverage is a must. But as times get worst, who would buy dumplings ? Some home cook rice, vege and salted eggs will do

 

Come on, drive home the share price baby! Cross that 59¢ mark!

 

Nick I agree with you. Food & Beverage business is recession proof. Everyone have to eat and drink with or without recession. The current problem is just temprary. But under suck trading environment now, I think I will not hold for too long. Hit and run lah! Cheers!

 

aya..china control food prices for fear of inflation cant be a perm solution wan...WHY? becos if u do so..how is food manufacturer/producer to going to make $$ to survive? and if they collapse who is going to produce food??!!?...by them everyone has to grow your own SWEET POTATOES behind ur family land for self sustain survival liao...hee...