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China Enersave

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chipchip66
    27-Sep-2006 12:21  
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profit take should be over noww!!! Should move again like Heshe??
 
 
chipchip66
    27-Sep-2006 10:26  
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you are rite cashiertan, now trading at 18c.
 
 
cashiertan
    27-Sep-2006 02:10  
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cenersave should be facing profittaking tomolo as there is heavy selldown from insiders (may not be from core shareholders). Did you see at the last few hours there is no much takers? nevertheless, i believe 0.18 is still a good support which i dun want to see broken
 

 
chipchip66
    27-Sep-2006 00:33  
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Hi Teeth53, today Cnersave kena overshadow by Heshe. Tomorrow, will become top vol again!!
 
 
teeth53
    27-Sep-2006 00:18  
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U know what is coming Chipchip66, even United Nation is giving it full support, patience is it vertur.....some weak holder let go, yet some strong holder hold and yet even bot up at $0.20 cents, like big boys in Dubai investment grp and it Germany bankers.
 
 
chipchip66
    26-Sep-2006 22:12  
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More than half the vol done today (33,000,000 ) at 20c. Should hav more upside.
 

 
chipchip66
    26-Sep-2006 19:27  
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Does it mean Cnersave will book $50m gain for the next 6 years??
 
 
Nostradamus
    26-Sep-2006 18:41  
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It had signed an agreement to sell "carbon credits" to a U.K.-based company, worth potentially about $50m.



China EnerSave, which builds and operates renewable energy plants in Asia, said that it will sell the Certified Emission Reductions -- or "carbon credits" -- generated by the firm's biomass power plants, to EcoSecurities Group PLC, which is listed on London's AIM stock exchange.



"EcoSecurities expects to purchase in excess of $50m of carbon credits from China EnerSave" from 2008 to 2012, Erik Chan, the Southeast Asia coordinator for EcoSecurities, said in the statement.



"Carbon credits" are units issued for emission reductions of greenhouse gases generated by projects under the Kyoto Protocol, an agreement signed by 37 industrialised countries to reduce greenhouse gases emitted by developed countries, China EnerSave said. Each "carbon credit" can be sold.
 
 
cashiertan
    26-Sep-2006 15:03  
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from what i see, and tradesman also think so. Cenersave should have a strong support at 0.18 which was the prev resistance.
 
 
cashiertan
    26-Sep-2006 15:00  
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now within a few mins. cenersave was down to 0.185.. sian. why i didnt clear my order before i go take a nap..
 

 
chipchip66
    26-Sep-2006 14:36  
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yes, i missed the boat yesterday. I got a shock when I checked the SGX about 5pm. I just went out a while about 3pm. Sigh!! Must glue my eyes to the screen next time!
 
 
cashiertan
    26-Sep-2006 14:34  
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still too early to guess. big boys usually make their move at the last few min one to catch us unprepared. just like Cnersave rally yest at the last hour.
 
 
chipchip66
    26-Sep-2006 14:10  
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Heshe going to overtake Cnersave as no 1. vol liao! So, i guess today closing br around 19 to 19.5c. Cheerz!
 
 
cashiertan
    26-Sep-2006 13:23  
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Lol i make some trade unintentionally today. i placed order to buy cenersave at 0.19 last nite. hoping to grab some at 0.19 but it open at 0.20 so i thought no chance liao, so went to sleep, wake up only to see my order went thru.... hopefully it will turn up good.



 
 
chipchip66
    26-Sep-2006 10:04  
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Since Heshe cannot play today, people will look at Cnersave. My guess is will hold steady at 20c and test 22c late afternoon.
 

 
derekchong
    26-Sep-2006 09:25  
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chipchip you are right. top volumn. today. what is your next guess on the px.
 
 
teeth53
    26-Sep-2006 09:14  
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Another 7 mil got to clear at $0.205. It all now depend on the big boys.
 
 
knightrider
    26-Sep-2006 09:11  
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Hi,

And also a few mins later, it is declining to 0.19 ! Take care.
 
 
teeth53
    26-Sep-2006 09:08  
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Woww...within a min, Cnersave shares of more then 10 millions is taken up +0.01 to $0.20 cents topping 1st on sgx list.and has tested $0.205. $0.22 cts is coming Akan Datang ...Cheongg ai lia liao
 
 
cashiertan
    26-Sep-2006 02:19  
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I agree with Tradesman (i only fully trust his analysis and skill in this forum) that there is initial resistance at ard 20cents.

Thus may see some dip at 20cents before the climb to 22-23cents
 
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