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China Milk

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Brendan982201
    30-Sep-2008 14:05  
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Latest anouncement from Chinamilk :-

 

CHINA MILK PRODUCTS GROUP LIMITED

(Incorporated in the Cayman Islands with registration number CT-155106)

THE GROUP’S RAW MILK PASSED THE TESTS CONDUCTED

BY THE INDEPENDENT LABORATORY

We refer to the announcement dated 26 September 2008 released by China Milk Products Group

Limited (“China Milk” or the “Group”).

On 26 September 2008, samples of the Group’s raw milk were sent to an independent laboratory for

testing, namely, Daqing Bureau of Products Quality Supervision and Inspection (

Technical Supervision (

Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic of

China (

The Board of Directors of China Milk is pleased to inform Shareholders that the results of the tests

conducted by the above-mentioned independent laboratory (the “Independent Laboratory”) are as

follows:

(a) the raw milk samples provided were tested and confirmed by the Independent Laboratory

as compliant with the standards laid down by the national standards for the qualifications of

raw and fresh milk, GB6914-1986; and

(b) the raw milk samples provided were tested and confirmed by the Independent Laboratory to

be free of and from any trace of melamine.检验), a government laboratory accredited by the Heilongjiang Bureau of Quality and江省技术监督局) which in turn is an affiliate of the General国家检验检).

By Order of the Board

CHINA MILK PRODUCTS GROUP LIMITED

Ng Joo Khin / Choi Ho Yan

Joint Company Secretaries

30 September 2008

 
 
787180
    30-Sep-2008 11:46  
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Avoid all china food co..Chinakangda,Chinamilk ,Synergy,People's Food,etc...was luck to selll off Chinamilk all at $1.55 and ChinaKangda at 42cts but now still not tempted to go in..the drop is too substantial like bottomless bit...
 
 
Brendan982201
    28-Sep-2008 20:17  
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Any chance to go higher?  : )
 

 
kate_laker
    22-Sep-2008 16:13  
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May i know how to calculate the Intrinsic Value?
 
 
baseerahmed
    22-Sep-2008 13:27  
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if not one, than we will have another ..

remember, we had deadly pig virus scare last year in china ..

we have plently of scares to keep us on our toes ..
 
 
AK_Francis
    22-Sep-2008 11:37  
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ha ha, remember sometime ago, Spore got the human milk champaign for the toddlers. Demo on breast feeding everywhere!!!

I think china gonna to follow suit as well. And the protein rich pork porridge could be the alternative for kids instead of milk powder liao.
 

 
louis_leecs
    22-Sep-2008 11:18  
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want want tumble at hk,,,,,,,,,,,,,,,,ppl give excuse to take profit,,,,,,,now they forcus at food company disaster whether get worst or not at china,,,,,,,must mornita closely,,,,,,,,,,,,,,,i decided cash in my profit at china energy
 
 
des_khor
    22-Sep-2008 11:06  
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next play>>>>>>goat milk .
 
 
derekchong
    22-Sep-2008 10:58  
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It's temporary setback for this industry.This counter will rebound.

China huge population still need to drink milk.
 
 
leechongpeng
    22-Sep-2008 10:23  
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This counter short term will be down trend. Export down, profit will goes down, stock will head south.
 

 
Stupidbear
    22-Sep-2008 10:09  
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I disagee. Smiley
 
 
AK_Francis
    22-Sep-2008 10:04  
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no thinking is required. but  be careful speculating stock in public could be an offence. minister warned last weekend.

as for this case, no issue as it is an open secret liao. just make one time housekeeping, throw away the unwanted stuff, to be safe.
 
 
bsiong
    22-Sep-2008 09:26  
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I strongly agree wif jackjames....  better sell it off FAST....  
 
 
jackjames
    22-Sep-2008 09:18  
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obviously this company going to enter a big loss soon ..... as long as the milk are from China, nobody will buy now...

if you are holding this stock, make sure you better sell fast before it hits 0.20 ...
 
 
zhuge_liang
    01-Aug-2008 01:39  
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DMG starts China Milk Products at Buy with $0.99 target, based on 6X FY10 P/E. Says producer of pedigree bull semen, raw milk will benefit from strong dairy demand in China, with total consumption expected to surpass 25 million tons in 2008 vs 19 million tons in 2006. Notes strong net cash position of CNY726.5 million will help company expand even further, as it plans to double current herd size by FY10 from 18,390 as of March 2008. "On top of doubling its herd size, the company is expanding its business downstream through milk processing. This will further strengthen China Milk as a major player in the dairy business."
 

 
teeth53
    10-May-2008 20:56  
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ChinaMilk closed off at....

ChinaMilk    Last:0.79   Vol:9,448k    -0.03
 
 
cyjjerry85
    09-May-2008 15:19  
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CIMB had featured this counter for technical upside capped to $1
 
 
teeth53
    09-May-2008 14:34  
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Has been uptrench for several day, look more bearish now, today high 0.845ct & a low of 0.805ct

ChinaMilk -- -- 0.820 0.815 -0.005 -0.6 7,075,000
 
 
stevenkoh1981
    26-Apr-2008 14:45  
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Smiley for me it shown down way trench. I will not touch this type of stock regarding food stock, the risk its too high, I read on the Pulses Magazine, 1 of the ex eurasian trader did mention on this. So what I think he have the point. Now he set company n sell during bull market to gain many $$$$$$.

Must read more magazine, book n research n learn from those experience ppl out there.

To improve our own skill n deal in the market.
 
 
Eldarchen
    25-Apr-2008 14:49  
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eh whatcha mean buy in ?
 
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