
profit take should be over noww!!! Should move again like Heshe??
you are rite cashiertan, now trading at 18c.
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
Hi Teeth53, today Cnersave kena overshadow by Heshe. Tomorrow, will become top vol again!!
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.
More than half the vol done today (33,000,000 ) at 20c. Should hav more upside.
Does it mean Cnersave will book $50m gain for the next 6 years??
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.
from what i see, and tradesman also think so. Cenersave should have a strong support at 0.18 which was the prev resistance.
now within a few mins. cenersave was down to 0.185.. sian. why i didnt clear my order before i go take a nap..
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!
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.
Heshe going to overtake Cnersave as no 1. vol liao! So, i guess today closing br around 19 to 19.5c. Cheerz!
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.
Since Heshe cannot play today, people will look at Cnersave. My guess is will hold steady at 20c and test 22c late afternoon.
chipchip you are right. top volumn. today. what is your next guess on the px.
Another 7 mil got to clear at $0.205. It all now depend on the big boys.
Hi,
And also a few mins later, it is declining to 0.19 ! Take care.
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
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