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i agreed with you chiong to 40cents or higher. I am waiting for ppl to scare and sell to lower at 11cents would be the best, Quickly sell now before too late. hehehehe
lawcheemeng ( Date: 05-Oct-2010 11:00) Posted:
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seem like got ppl scare liao...see the sell Q now 26cts 1.02 million.....hehehe.....need a rest mah....chiong 100% in 1day to be exact......rest awhile than continue part 2......chiong all the way to 40cts...hehehe.....like i said mah.....got contract for all the chairs in china"s school....hehehe (joking only hor)
Dun worri, the company being questioned for the active trading as usual and the company should make announcement soon, I guess it shiuld be good news and the race continue after re-start of trading to another high. Wait and see.
ozone2002 ( Date: 05-Oct-2010 10:46) Posted:
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What the ...HALT?!?!?!?!
after the chiong then they ann.lor........not the other way round....this are facts of the stock market..........hehehe...i think only lah!!!
belgeran ( Date: 04-Oct-2010 22:43) Posted:
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trading halt... wonder what happened..
wow.... what a big rally....those who buy this counter, laughing all the way now.
The play continue...
| Lorenzo | CPF | 0.215 | 0.235 | +0.025c | +11.9% | vol-2,349,000 | 288,000 | 0.235 | 0.240 | 740,000 | 0.235 | 0.215 |
Re-Posted from 26-Sep-2010 11:16 (Sun)
As always...hmm (rotational play..
) From: STI to cross 3000 boosted by long-term investors It will be and shall further test STI strength to beyond Strait Times index of 3,100
Congra....
to those who have so much patience. Today highest profit in % term.
| Lorenzo | CPF | 0.155 | 0.210 | +0.080c | +61.5% | vol-30,755,000 | 837,000 | 0.210 | 0.215 | 518,000 | 0.215 | 0.155 | MFG | SGD | -- | 5IE | 5IE_R |
hmm.. seek understanding..
why the spike?... with a 0.11 shares placement, which is a discounted price to market last closing.... shouldn't the price factor in new shares and maybe sell 0.005 down, instead of spiking up 0.08 up ?
what's the big news?.. there's no M&A, RTO on it either.. ?
tomorrow should be another round of buying, possible to hit 25cents or even 30cents later.
lawcheemeng ( Date: 04-Oct-2010 21:28) Posted:
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just wondering would it become a hostile take over......looking at the trade vol oredi more than 20% of listed share leh.......top 20 share holder holding more 108 million.........according annual report about 46% of share hold by market.....i.e about 70million free in the market...today about approx.40% change hand liao........someone collecting ........OR HOR.........lets see wat happen tomorow......hehehe....in the stockmarket anything can happen rite!
becos you are in this counter.
ozone2002 ( Date: 04-Oct-2010 14:30) Posted:
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Wow power!! Those that get at below 0.150 laugh all the way to the bank...
hehehe ..........may be can close at 22cts lor........hostile take over!!
Very good support at 20 cts....thats nav price lor......and estimate at 8x PE...........
something they know we don't..........hehehe.......this one may have got big big contract..............may be make all the wooden chairs for the whole of china school.........hehehe
ozone2002 ( Date: 04-Oct-2010 14:30) Posted:
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y so power?
UH la la.......20.5cts.......getting close to 24 cts
actually it kinda funny for the company to place out share at 11cts as the half yr earning is oredi 1.53 cts...EPS....given the 2nd half is better....we shld get about another 1.6...EPS total 3.1.....EPS at 168 million.....even after dilution...0f 33 million....come about 2.59 cts....this stock still have a P/E 4.2 nia when other e.g cacola.......trading at 6.5cts. EPS approx .06cts.P/E 10.8 also manufacture funitures in china.....if let said fair value at 8x P/E......this lorenzo at lest to trade at 20.72 cts leh........may be after the price movement they may want to adjust up liao lor....