
Is 0.85 a good buy?
Support level broken.. might go down somesome slowly!
Anything bellow .915 is good to have ... I'm vested.
This is not an invitation to get in. Do your homework, and stick to it.

This counter reach a support level at 0.89 - 0.9.
If after this week it didnt break lower, I might get into this counter at about at this support range.
Short term resistance level on 0.97 - 0.98
Hi Jack ...
My consideration was not including the depresiasion and expansion cost, since they are fixed asset. So removing those elements, China Milk still has great profit. Sometime potential in a company is hidden because of their expansion cost. But everybody has their own prespective.
Thanks for your valuable info ...

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_A6EF324798226C38482573E5001E8A83/$file/ChinaMilk_FY2008_3QResults.pdf?openelement
nine months net profit increased only 2% is true.
3Q net profit up 15% in fact.
Hi Jack, I'm considering their production plan. About the profit, I see it grow more than 30%. Please look at the SGX anouncment for detail.
ChinaMilk expands their facility for larger volume ... means the result will be shown this next quarter.
nine months net profit only increased 2%, and what i heard from news that the snow storm at China killed many poutry, including cow.. I hope it does not affect the cows belongs to chinamilk... anyway, it is tough business , profit margin is tight
I'm not shorting this counter for long. I'm investing in. TO bro who has holding power.. can start vest in this one ... but do with your own risk ...
THe milk and cow embrio are no longer luxurious commodity ...
it can be considered substantial product
Vested in .. heavily ...
sorry i just checked the charts again...in fact it hit support 4 times! from 1 dollar...17,21-22 Aug...18-19 Dec...so can see tt this dollar is well supported ...very tempting to go in again
(speaking on a technical basis...TA...not an inducement to buy or trade...but juz a personal analysis)
at present price, dont dare to short, seem like not much room
shall wait and see

support is at $1...it had actually rebounded off twice when hit $1 before...and it was upwards...shall see if it breaks the barrier...if not...it will be good to see it spring back up...if it breaks $1 by closing...i will short it
maybe wanna try entry at 1.00
shld had hit it's bottom ...on the way to climbing back just like wad happened last week...to buy at its bottom to see it go up
probably close in the red today...sianz
Time | Last | Volume | Buy/Sell | |||||||
09:45:06 | 1.140 | 6,000 | Sell Down | |||||||
09:39:41 | 1.150 | 12,000 | Sell Down | |||||||
09:39:40 | 1.150 | 5,000 | Sell Down | |||||||
09:39:25 | 1.160 | 3,000 | Buy Up | |||||||
09:37:44 | 1.150 | 5,000 | Sell Down | |||||||
09:33:47 | 1.150 | 3,000 | Sell Down | |||||||
09:25:26 | 1.160 | 2,000 | Buy Up | |||||||
09:24:37 | 1.150 | 10,000 | Sell Down | |||||||
09:23:44 | 1.160 | 2,000 | Buy Up | |||||||
09:23:02 | 1.150 | 3,000 | Sell Down | |||||||
09:22:57 | 1.160 | 9,000 | Buy Up | |||||||
09:20:57 | 1.160 | 1,000 | Buy Up | |||||||
09:19:06 | 1.160 | 2,000 | Buy Up | |||||||
09:05:38 | 1.170 | 2,000 | Buy Up | |||||||
09:04:08 | 1.170 | 5,000 | Buy Up | |||||||
09:03:18 | 1.170 | 5,000 | Buy Up | |||||||
09:03:12 | 1.150 | 5,000 | Buy Up | |||||||
09:02:44 | 1.140 | 20,000 | Buy Up | |||||||
09:02:03 | 1.130 | 10,000 | Sell Down | |||||||
08:59:02 | 1.140 | 46,000 | X | |||||||
|
Weighted Average Prices: | 1.1514 | Last Done Prices: | 1.160 |
Spread/Price Ratio: | 0.0000 | AVG Trade Size: | 19,046.875 |
Last | Trades | Volume | BuyVol | Mid | SellVol |
1.130 | 38 | 864,000 | 489,000 | 160,000 | 215,000 |
1.140 | 33 | 482,000 | 266,000 | 0 | 216,000 |
1.150 | 59 | 1,614,000 | 956,000 | 0 | 658,000 |
1.160 | 65 | 1,205,000 | 494,000 | 187,000 | 524,000 |
1.170 | 48 | 494,000 | 229,000 | 0 | 265,000 |
1.180 | 12 | 167,000 | 20,000 | 0 | 147,000 |
1.190 | 1 | 50,000 | 0 | 0 | 50,000 |
TOTAL | 256 | 4,876,000 | 2,454,000 | 347,000 | 2,075,000 |
battered juz like the rest...in red
went in after a low yesterday...seeing it as a good counter to trade with the basis on TA...it might had been affected slightly due to the selling yesterday
it had climbed above the 200MA yesterday and even went up above it today at it's high...current profit taking by others to push the price lower may be a gd chance to enter
wah pension, u sooo confident
.... cheong ahhh!!
