ChinaMilk   

China Milk

China Milk posts 1QFY10 net profit of RMB65.5 million
1. Reports 29.8% and 35.5% decline in revenue and net profit respectively more competitive business landscape
2. Intensifies marketing and promotional activities to promote its Yinluo products and fine tune marketing strategies before official launch

 

 

Hi techsys,

Counter also mentioned in The Edge:

China Milk Products Group ($0.51), a bull semen producer has suddenly surged on explosive volume. It's up 20% in two sessions. The move has taken prices to just short of a breakout level at 52 cents. Short and medium term momentum indicators have turned up, and the moving averages are poised for a series of golden crosses. A successful brak above 52 cents indicate a target of 63 cents. Support is at 47 cents. -  By Goola Warden.

techsys      ( Date: 30-Jul-2009 11:36) Posted: This counter is seemed getting better now.      Even tough there is a little draw back to their capital, but it's starting to get up.

 

This counter is seemed getting better now.  

  

Even tough there is a little draw back to their capital, but it's starting to get up.

 

just bot at 0.4 again..

 

Damn... he does it again.

How come he has so many LOTS to sell down?

Unlimited bullets.

 

There is a BB who always try to sell down with 150L.  Wondering when will he/she finished doing that?

 

this milk seems to be trying to overcome resistance all all MA. it crossed 200MA,. momentum seem to pick up with better volume.

adx signal seems trying to cross into bullish trend. lets watch.

 

Was cheap, now even cheaper, kind of give away, BB manipulating it, when result come, retail investors and some institutional folks enter this it will be like before cheong until no tomorrow. Small counter like this are so easily manipulated by the BB, it also means it is a good for those who can spot the manipulation and join in. As long as you know the value, no need to worry BB manipulating this in short term, keep it long.

 

The price still going up even the market sentiment is no good.

 

Looking forward for this stock to move up. Candlestick pattern - "Three Outside" is a uptrend indicator.

 

Just received the nice colourful cartoonish report from the CN Milk, the business model is fantastic, with liquid N2 can store the cow seeds for decades, cost is almost nothing but profit is huge. Raw milk has increased so significantly and the buy back of bonds coupled with mountain of cash and is low in gearing. NO TAX ! Board members key position include 2 sporeans, milk is kind of recession proof, I am thinking can it be better? Low tech high profit, not involved in malenine issues, where else can you get this kind of business? Low P/E somemore. The fund managers should take a look at this as this is also another one they can buy and forget. So I think is great value for money. I am loading more ignoring the chart, I use fundamentals to justify this.

 

btw, anyone knows is there any price target by analysts for tis counter?

I'm monitoring tis counter but not vested yet

 

depends how u see it. current px lies at 0.4 range which is sitting on 200MA. fail to hold at this point will suggest more dowside. So my stoplost will be at 0.39. If u look at the TA, its on a slow downtrend. If things didnt change soon, I might just exit even at small lost. 

bh704428      ( Date: 29-Jun-2009 18:51) Posted: wat's yr cut loss price for it? freeme      ( Date: 29-Jun-2009 15:12) Posted: 20lots nia..

 

wat's yr cut loss price for it?

freeme      ( Date: 29-Jun-2009 15:12) Posted: 20lots nia.. bh704428      ( Date: 29-Jun-2009 14:26) Posted: so how many lots u bought at 41 to 41.5 cts last fri

 

wow this is getting to become the best bargain around...buy up keep till next result and sell

 

20lots nia..

bh704428      ( Date: 29-Jun-2009 14:26) Posted: so how many lots u bought at 41 to 41.5 cts last fri? freeme      ( Date: 26-Jun-2009 16:39) Posted: good chance to enter down after rebound lose stream.. In!!

 

so how many lots u bought at 41 to 41.5 cts last fri?

freeme      ( Date: 26-Jun-2009 16:39) Posted: good chance to enter down after rebound lose stream.. In!!

 

good chance to enter down after rebound lose stream..

In!!

 

You bet the wrong cow today, Dairy went up  3.5% and Milk went up 4.7%
(approx) small difference. Bigger difference is Dairy make losses, Milk make profit.

Anyhow these two bovine shares are fantastic bargain. You can bet on either one Sometime people will read some glossy analyst report and then go into gaga buying and then we will hear "I told you so"...No call to do anything, only call mooooo

lawcheemeng      ( Date: 25-Jun-2009 09:29) Posted: i was looking at tis counter n china dairy, i choose later. after going tru . the report. thomas_low      ( Date: 25-Jun-2009 08:13) Posted: SGX said most of the S-Chip are good and have passed the audit. I am not worry about this one, this one is just not glamourous business, selling semens and trading raw milk, (yuck) but very good profit, very low P/E, milk confidence is returning, >50% since sacre, so if you are thinking of bargain look no further. Agriculture stocks seldom fails unless badly run, so everyone will get their milk every morning much more reliable than DBS or Capitaland

 

i was looking at tis counter n china dairy, i choose later. after going tru . the report.

thomas_low      ( Date: 25-Jun-2009 08:13) Posted: SGX said most of the S-Chip are good and have passed the audit. I am not worry about this one, this one is just not glamourous business, selling semens and trading raw milk, (yuck) but very good profit, very low P/E, milk confidence is returning, >50% since sacre, so if you are thinking of bargain look no further. Agriculture stocks seldom fails unless badly run, so everyone will get their milk every morning much more reliable than DBS or Capitaland. lawcheemeng      ( Date: 13-Jun-2009 11:09) Posted: just my view not asking to buy or not, must said first ,if not kena shoot again. chinamilk making money got lots of cash in bank also. but how come so sting on divident last 2yrs? and no D tis yr. need to be careful right?"S" stock leh. .PFood at least not sting on D. think better risk. vested.