ShareJunction - Member Posts

x 0

Wishes all a happy and prosperous Happy Lunar Rabbit CNY 2011. A rabbit jumping rope photo

Cautious optimism trading ahead, take care " Win or loss, Be happy" . BBs had done their work and has collected theirs, leaving some (market will have to take it own course, its can be pump up n dump).

x 0

Its clear, its cloudy, was trying to clear some cloud, so as to see d big picture--better.
CGX has to run it own course as it fail to move forward several times on it anticipated trade px.

A fallen knife is not exactly a falling knife with heavy buying volume (and not mentioning d selling volume--it got to changed hands). STOP! is the recommendation and start to find d bottom (afterall cheap can get cheaper), then again go long term--if, then if again prices goes down--re-access again.

Its clear (Wrong-footed ?) , its cloudy. (CGX has to run it own course)

krisluke ( Date: 04-Feb-2011 15:40) Posted:

Trend Spotting| 30 January 2011

China Gaoxian Back To IPO Level Short Term Bulls Wrong-footed

<>

By Soh Tiong Hum

Is a stock at $0.33 cheap if it was trading three weeks ago at $0.47? Many speculators probably think so. No doubt many will be wondering how much they could profit if price just went back to the previous level.
If you feel like jumping in to buy China Gaoxian, STOP! Although the stock is not exactly a falling knife, some caution is required to handle price corrections such as this. Let’s look at the facts.

Price looks like a falling knife because there was a big price drop accompanied by high volume.
However it is still part of an uptrend since it is above the 200-day moving average and we can see no obvious bearish reversal pattern.

The two observations above contradict. What should we do?

From October 2010 to January 2011, the counter went through a steep rally that saw price more than double. In such a situation, a steep correction is probably justified. In technical analysis, there is a rule that says that steep rallies are not sustainable because short term bulls earned a lot of money in a short time and therefore are prone to profit taking. As price comes down, those who bought high add to selling pressure when they cut losses. Lastly, bears who know this rule are naturally emboldened to short sell because they expect correction to take place.

What is important is not to commit too quickly. Afterall cheap can get cheaper. We want to find a place where the selling ends and we can buy a safe rebound.

As long as price finds support at or above the 200-day moving average, long term bulls are likely to agree that the uptrend in price is intact. Wait for price to come to this moving average or any support above that before committing. Long term bulls could also wait for price to make sideways consolidation. Such consolidations can form good bases for subsequent rallies to come. When you buy at a good base, you can probably sleep better at night.

One point to note though: if prices go down past the 200-day moving average non-stop with high volume, a re-evaluation might be necessary.

x 0

teeth53 wishes all A happy n Prosperous lunar Rabbit CNY 2011

x 0

teeth53 wishes all. :))

Wishes all a happy and prosperous Happy Lunar Rabbit CNY 2011. A rabbit jumping rope photo

x 0

$1.80 - $2.00 coming ??, when news $TXO$V

...

(Note coming px--just for illustration oni)

1) Goldman Sachs recommendation, buy with Target Price of $1.54 (12 mths target)

2) Credit Suisse recommendation, outperform with a $1.55 target.

3) DMG & Partners Securities recommendation, target price of $1.56.

4) CIMB recommendation, (most optimstic), outperform with a $1.60 target

Note--above target is mend for yr 2011.

Wishes all a happy and prosperous Happy Lunar Rabbit CNY 2011. A rabbit jumping rope photo

x 0

Today performance, so far. High--$1.30c and low $1.26c

Sri Trang

1.290

1.270

-0.010c

-0.8%

Vol-4,873,000

297,000

1.270

1.280

742,000

1.300

1.260

Surge up alot today, especially hitting a high of 1.29c, will have to wait for awhile to sell higher high. Tomoro eve of lunar Rabbit CNY, is half day trading, on profit taking. may dip to 1.25c/1.26c B4 stablizing, Previous closed on 1st day--$1.19c...Happy trading. Have a nice day. Just sharing my thot.

Just sharing info and trade experience

x 0

Its clear, its cloudy, was trying to clear some cloud, so as to see d big picture--better.

CGX has to run it own course as it fail to move forward several times on it anticipated trade px.

Reference to load up, load up be4 been left out. (pls do ur own analysis--homework)

teeth53 ( Date: 02-Feb-2011 11:22) Posted:

It nothing to feel bad or feel good, it about been careful not to get in rackless bull trapping. Buying on hope

Its was clear and its was been cloudy. (oneself will have to take each chances as it comes.)

Just sharing my trade experience. Hope those vested, take opportunties when it arise, don hope too much that it can chiong again (on short term), as it can take sometimes and or long times to find it own footing again,

Has been mentioned be4 > 0.40c--it cool, > 0.50c--not so cool, > 0.60--not cool at all and 0.80c--real hot.

(She-CGX. may have oredi run it courses) Just sharing my own observation and thot.

niuyear ( Date: 02-Feb-2011 10:45) Posted:

Hi Sir,

Whats the BAD news about this counter, kindly enlighten since you have been giving advice.

" LOAD UP BEFORE YOU ARE LEFT OUT!"

x 0

It nothing to feel bad or feel good, it about been careful not to get in rackless bull trapping. Buying on hope

Its was clear and its was been cloudy. (oneself will have to take each chances as it comes.)

Just sharing my trade experience. Hope those vested, take opportunties when it arise, don hope too much that it can chiong again (on short term), as it can take sometimes and or long times to find it own footing again,

Has been mentioned be4 > 0.40c--it cool, > 0.50c--not so cool, > 0.60--not cool at all and 0.80c--real hot.

(She-CGX. may have oredi run it courses) Just sharing my own observation and thot.

niuyear ( Date: 02-Feb-2011 10:45) Posted:

Hi Sir,

Whats the BAD news about this counter, kindly enlighten since you have been giving advice.

" LOAD UP BEFORE YOU ARE LEFT OUT!"

teeth53 ( Date: 02-Feb-2011 10:01) Posted:

Tis has went on b4 d official listing in KOSPI. For others may has many opinionated choices (good, bad or ugly), if it is taking as offence, it's mean only as defend for oneself, just my imagined slights. To each it own, listen to yours and only.....let hope for the best and prepare for the worst.

I can only stick my own nose and not into others, happy trading and good luck, take care.

Happen last wk. its clear (healing--unheal), its cloudy (mean to prepare for uncertainty) Y like that ??

Oredi " Si Bei jialat liao" , then, " Ko Kia Jialat lehh" , then again " Si Bei Ko Ka Jialat" .

_________________________________________________________________________________

( Date: 25-Jan-2011. Note times posted--10:51:00)

it's trying to chase after it fallen price and keeping been fallen off the cliff. thot Si Bei jialat liao...just now, then again...Ko Kia Jialat lehh...stablizing at (( (Oni for illustration--below it last wk traded px)

ChinaGaoxian

0.410

0.370

-0.070

-15.9

Vol-51,837,000

1,869,000

0.370

0.375

ChinaGaoxian

0.410

0.375

-0.065

-14.8

Vol-51,699,000

1,794,000

0.370

0.375

x 0

http://forum.channelnewsasia.com/viewtopic.php?p=4124816#4124816

Posted: Tue Jan 11, 2011 5:14 pm Post subject: I expect STXOSV just like her big Bro STXPO> > Jackpot $

$1.80 - $2.00 coming.....when new $TXO$V order coming in...... Hohoho...Solid finishing...after 5pm, more then a million she bot up. Time Last Volume Bid/Ask 17:05:03 1.210 1,042,000 A $TXO$V opening on strong note.. Load up B4 been left behind. Since calling Nov 10, 2010. 14:01:45 1.200 300,000 B 14:01:30 1.200 931,000 A 14:01:25 1.200 100,000 A 14:00:37 1.200 20,000 A 14:00:16 1.200 10,000 A

x 0

Hi Starlene, thk for d lastest info. I oso notice U are so sharp in your trade execution.

U may have miss my posting in CNA here. Just wish sharing with whoever is interest. http://forum.channelnewsasia.com/viewtopic.php?p=4124816#4124816 (Tues Jan 11, 2011 5:14 pm)

$1.80 - $2.00 coming, when new $TXO$V order coming in.

...

(Note coming px--just for illustration oni)

Hohoho...Solid finishing...after 5pm, more then a million she bot up.

Time Last Volume Bid/Ask
17:05:03 1.210 1,042,000 A

$TXO$V opening on strong note.. Load up B4 been left behind. Since calling Nov 10, 2010.

starlene ( Date: 02-Feb-2011 09:24) Posted:

Latest recommendation is $1.80.....

Buy Jan 26 by DnBNOR Markets-T.P $1.80,STX OSV stands out as a technology and market leader in the high end specialised OSV segment..pg 27Edge magazine..Besides pg 8,STXOSV bets on rising demand in Vietnam,Brazil for new growth and of course in Romania

x 0

Re-freshing again....with well meaning intention, take your chances when opportunties arise.

teeth53 ( Date: 30-Jan-2011 21:41) Posted:

Meanwhile who will be undertaking care of margin lost (punters), pay up matters when it's time to pay up ??. Go long or short, buy/sell/hold or let go--it all a very personal choice. Happy trading along, take care.

Share Likely to Overhang

Many small retailers have been lured and got caught into Gaoxian shares in tis spectacular huge run up, even till last minute calling for at least 0.50c for continuing calling for load up, load up before anything else, refering to KOSPI anticipated speculative share price, which is set at 0.405c.

Many who bot at the high of 0.47c, would be awaiting anxiously for their chances to get out of the this burnt pot, history has it now, can takes a long time b4 CGX share price can recover to its previous high as no BBs boys would be senseless or foolish enuff to come along to undertak losing position for retailers who bot at an ever increasingly higher and at riskingly price.

Thus, would be sellers dying to come out of their losing position at every turn, sell into strength or cut it lost.

teeth53 thot - Sharing and speaking from past experience. It your choice, do take care not to get hurt again.

x 0

Tis has went on b4 d official listing in KOSPI. For others may has many opinionated choices (good, bad or ugly), if it is taking as offence, it's mean only as defend for oneself, just my imagined slights. To each it own, listen to yours and only.....let hope for the best and prepare for the worst.

I can only stick my own nose and not into others, happy trading and good luck, take care.

Happen last wk. its clear (healing--unheal), its cloudy (mean to prepare for uncertainty) Y like that ??

Oredi " Si Bei jialat liao" , then, " Ko Kia Jialat lehh" , then again " Si Bei Ko Ka Jialat" .

_________________________________________________________________________________

( Date: 25-Jan-2011. Note times posted--10:51:00)

it's trying to chase after it fallen price and keeping been fallen off the cliff. thot Si Bei jialat liao...just now, then again...Ko Kia Jialat lehh...stablizing at (( (Oni for illustration--below it last wk traded px)

ChinaGaoxian

0.410

0.370

-0.070

-15.9

Vol-51,837,000

1,869,000

0.370

0.375

ChinaGaoxian

0.410

0.375

-0.065

-14.8

Vol-51,699,000

1,794,000

0.370

0.375

GuavaXF30 ( Date: 02-Feb-2011 08:28) Posted:

Unfortunately I have to agree with you. Now that the KDR news is confirmed bad, there is no more play for this counter. People with cash would be smarter to park it elsewhere. With no more interest other than from people stuck and trying to get out, there is only one way for the price to go. Management really screwed up bad this time. Will need at least one year for the pain and sorrows to be forgotten...:(

teeth53 ( Date: 01-Feb-2011 21:42) Posted:

Last Friday closed @ 0.335c

Yesterday Monday closed @0.315c and

Today (Tues) it closed @0.300c,

Trade Summary--Volume is getting lower during n for tis pre lunar Rabbit CNY 2011.

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.300	10	3,275,000	3,275,000	0	0
0.305	57	4,514,000	3,637,000	0	877,000
0.310	49	3,877,000	3,207,000	0	670,000
0.315	50	4,736,000	2,829,000	300,000	1,607,000
0.320	92	6,070,000	3,941,000	165,000	1,964,000
0.325	1	2,000	0	0	2,000
TOTAL	259	22,474,000	16,889,000	465,000	5,120,000

teeth53 thot--Expect range bound 0.29c-support, 0.335c-profit take tis coming week reference to last wk px, hope i m wrong, simply wanted many to win and or break even and to cut lost when opportunities arise.

Hope tis coming rabbit year can there is provision for more ammo by BBs (push and dump) and taking your chances well. (Buy/Sell/Hold or let go) It a very personal choice.

x 0

Will oil price break above the $100 mark ?. The Co looks 'cheap' based on the FY2011 projected PE Ratio.

After asuming a fair value range of 10-12x and the asuming fair value trading between $1.96 to two dollars plus

teeth53 thot - A reasonable, good recommendation, for holding over mid to longer term, not short term.

My final re-freshing thot for lunar rabbit year 2011, just sharing my personal trade experience, happy trading:[)

teeth53 ( Date: 24-Dec-2010 08:49) Posted:

Will oil price break above the $100 mark ?. The Co looks 'cheap' based on the FY2010 projected PE Ratio.

After asuming a fair value range of 10-12x and the asuming fair value trading between $1.96 to two dollars plus, plus. 12-mths target price implies a 2011E P/E of 11X, which is in line with its industry peer grp.

The peers such as Cosco, Yangzijiang and Otto Marine are trading at much higher multiples, especially Cosco.

Goldman Sachs also recommends BUY with Target Price of $1.54

teeth53 thot - A reasonable, good recommendation, for holding over mid to longer term, not short term.

enghou ( Date: 15-Dec-2010 16:54) Posted:

Goldman Sachs recommends BUY with Target Price of $1.54

Source of opportunity

Backed by an R&D and geographical edge, we not only believe that STX

OSV will maintain its leading OSV newbuild position, we increasingly view

the company as a strong proxy to Singapore’s offshore & marine sector,

which we are also positive on. Having only recently been listed, we do not

think investors fully appreciate STX OSV’s strong business outlook – a

leading OSV shipbuilder in Brazil and for global high-end OSVs, and solid

execution improvement – which should result in strong earnings growth.

We initiate coverage on STX OSV with a Buy (on our Conviction Buy List),

with a 12-month target price of S$1.54, implying 51% upside potential.

Catalyst

(1) More new OSV order win announcements – we estimate NOK10.6bn in

2011E, and NOK14.8bn in 2012E, respectively; (2) earnings results – our

estimates assume STX OSV will deliver 3-year 2009-2012E core earnings

CAGR of 20%, driven by strong new order wins, and solid execution and;

(3) investor awareness of STX OSV’s attractive valuation vs. sector

proxies, Keppel and Sembcorp Marine.

Valuation

Given we expect an upturn in OSV newbuilds, we value STX OSV using a

mid-cycle 2011E P/B of 2.9X to set our 12-month target price. We crosscheck

our target price against the company’s industry peer group and

apply our regression analysis based on P/B-ROE and Director’s Cut

methodology. Our 12-month target price implies a 2011E P/E of 11X, which

is in line with its industry peer group.

Key risks

Key risks to our target price and investment view include: (1) Slow OSV

newbuild orders, given significant current global order backlog and still

tight newbuild financing; and (2) poor execution, which could result in

major cost overruns, or delivery delays.

You have a nice day

x 0

Hi ic,

I see U sign...off. U got ur one lot mean for ur Ang Pao. U miss my msg. Hope it fall back 1.23-ur px.

(Monday closed trade px at $1.19c).

Post on 31-01-2011, after it traded hours stop.

Kelong stock, cannot lelong, can chiong 800% then ipo-ed off, so $1.60c why not ?.

Another Amtek's, but when those BBs vested when let go, or bot cheap to average off and let go there after.

$1.60 is d reference, my guess is be more careful when hitting $1.50c over 1-2months periods.

ic1990 ( Date: 31-Jan-2011 17:44) Posted:

duno whether tmr will huat or not...sigh

x 0

Last Friday closed @ 0.335c

Yesterday Monday closed @0.315c and

Today (Tues) it closed @0.300c,

Trade Summary--Volume is getting lower during n for tis pre lunar Rabbit CNY 2011.

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.300	10	3,275,000	3,275,000	0	0
0.305	57	4,514,000	3,637,000	0	877,000
0.310	49	3,877,000	3,207,000	0	670,000
0.315	50	4,736,000	2,829,000	300,000	1,607,000
0.320	92	6,070,000	3,941,000	165,000	1,964,000
0.325	1	2,000	0	0	2,000
TOTAL	259	22,474,000	16,889,000	465,000	5,120,000

teeth53 thot--Expect range bound 0.29c-support, 0.335c-profit take tis coming week reference to last wk px, hope i m wrong, simply wanted many to win and or break even and to cut lost when opportunities arise.

Hope tis coming rabbit year can there is provision for more ammo by BBs (push and dump) and taking your chances well. (Buy/Sell/Hold or let go) It a very personal choice.

x 0

Re-freshing again, this time is set @ 0.405c. short term, never fade away.

Hohoho...Still many gangho punters got lured and got caught into tis spectacular Chinagaoxian.
UOBKH does not enuff to carry on this promotion. many it bot to believe it'll chiong beyond 0.50c on opening.

teeth53 ( Date: 30-Jan-2011 21:41) Posted:

Meanwhile who will be undertaking care of margin lost, those pay up matters when it time to pay up ??. Go long or short, buy/sell/hold or let go--it all a very personal choice. Happy trading along, take care.

Share Likely to Overhang

Many small retailers have been lured and got caught into Gaoxian shares b4 tis big huge run up, even till last minute calling for at least 0.50c for continuing calling for load up, load up before anything else, refering to KOSPI anticipated speculative share price, which is set at 0.405c.

Many who bot at the high of 0.47c, would be awaiting anxiously for their chances to get out of the this burnt pot, history has it now, can takes a long time b4 CGX share price can recover to its previous high as no BBs boys would be senseless or foolish enuff to come along to undertaking losing position of the retailers who bot at an ever increasingly higher and riskingly price.

Thus, would be sellers dying to come out of their losing position at every turn, that sell into strength or cut it lost.

teeth53 thot - Sharing and speaking from past experience. It your choice, do take care not to get hurt again.

teeth53 ( Date: 30-Jan-2011 21:32) Posted:

UOBKH has try it best to paint a brighter forward picture, all the best. (for next 3yr till 2013).

http://www.nextinsight.net/components/com_ccboard/assets/uploads/5760_85bd568596e0c4adccd6a7bc4a07c7a2.pdf

Valuation/Recommendation
• We reiterate a buy increasing our one-year target price to S$0.53 (previous S$0.32) suggesting a 26.2% upside. We value the stock by applying a 10x PE multiple to 2011F earnings, switching to a relative valuation methodology in order to better reflectindustry valuations of both Singapore and Korean peers.

• At 10x PE, we are assuming a 46% discount to Gaoxian’s Korean-listed peers and a 15% discount to its Singapore-listed peers. We believe the discount is justified given: a) execution risk arising from the large scale capacity expansion and b) market risk arising from uncertainty over the PET/PTA price differential going forward.

• Our valuation also implicitly yields a very undemanding 0.53x PEG multiple for the stock, using a three-year average EPS growth of 18.9%. (2010-13 CAGR)

x 0

Surge up alot today, especially hitting a high of 1.29c, will have to wait for awhile to sell higher high. Tomoro eve of lunar Rabbit CNY, is half day trading, on profit taking. may dip to 1.25c/1.26c B4 stablizing, Previous closed on 1st day--$1.19c...Happy trading. Have a nice day. Just sharing my thot.

Just re-freshing....

Kelong stock, cannot lelong, can chiong 800% then ipo-ed off, so $1.60c why not ?. Another Amtek's, but when those BBs vested, or bot cheap to average off and when they let go after that. $1.60 is d reference, my guess is be more careful when hitting $1.50c over 1-2months periods.

Sri Trang

1.220

1.280

+0.090c

+7.6%

20,811,000

842,000

1.270

1.280

317,000

Trade Summary--2nd day trade

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
1.220	86	4,357,000	2,962,000	0	1,395,000
1.230	29	2,434,000	739,000	0	1,695,000
1.240	49	3,610,000	1,658,000	0	1,952,000
1.250	72	3,075,000	978,000	0	2,097,000
1.260	35	2,270,000	586,000	0	1,684,000
1.270	25	1,034,000	277,000	0	757,000
1.280	55	3,490,000	1,163,000	0	2,327,000
1.290	9	541,000	0	0	541,000
TOTAL	360	20,811,000	8,363,000	0	12,448,000

x 0

Kelong stock, cannot lelong, can chiong 800% then ipo-ed off, so $1.60c why not ?. Another Amtek's, but when those BBs vested when let go, or bot cheap to average off and let go after that. $1.60 is d reference, my guess is be more careful when hitting $1.50c over 1-2months periods.

tchoonw ( Date: 31-Jan-2011 16:31) Posted:

based on the trading today, lookslike selling is not heavy enough to dampen the share px...could be big fish will push it up like stx osv to $1.60!

x 0

Don make sense holding it over short term, long term it can make abit of kopi money after it run by 800% for this ipo here, init offer is say to set at $1.60. Final offer $1.20c, U think -- it make sense or not ??.

Moneysense ( Date: 30-Jan-2011 11:07) Posted:

Do you think this stock is worth holding if underwater?

x 0

Should oso have taken profit as well when it hit above water--contra and collect Ang Pao

Just sharing my thot.