C&G Env Protect   

Next Steps

Trading halt today...waiting for more good news!

 

Bad posts would help. WILL continue to drop.

 

Bad posts would help. WILL continue to drop.

 

Bad posts would help. WILL continue to drop.

 

Oil up plus market sentiments......equal lower share price. CG may drift lower back to 20c where it started before the bull run last year. Investors trade with cautions.

 

Look like not one interested in this stock already...better wait for lower entry price!

 

Is it time to go in again? Or should we continue to wait?

 

As expected. A solid Q1.

 

basket, announce results at 7pm on a Sunday, just saw it, did a brief analysis inside the chat box or shoutbox at my blog http://kelongstocks.blogspot.com

 

38.5c, time to buy?

 

CG break 40c again....Q1 result coming soon and increased in production capacity will be in place by Q2...look like it is going to test all time high again!

 

Extracted from my blog http://kelongstocks.blogspot.com Please remember to "support" my blog :) a comparison of hongwei and cg tech at my blog [B]Fundamental Analysis[/B] Hongwei produces polyster differential pre-oriented yarn and drawn and textured yarn. Closest comparable is CG Tech which produces pure polyester spun yarn, cotton and polyester blended yarn, viscose yarn and flame-retardant yarn. Hongwei's products appears to be more differentiated and hence explains the higher margins it commands. From Management: "We were able to maintain our gross profit margin as we were able to pass on the increase in raw material costs due to increase in oil prices to our customers". CG Tech was more cautious on the impact of oil prices saying it might be affected if oil prices continued to rise. Hongwei expects its new product Polyester Padding Cotton (maximum of 8000 tonnes) which commands higher margins to boost profitability in FY2006. Also with the elimination of global textile and clothing quotas in January 2005, the PRC is expected to benefit from increased demand for polyester fibre. Forecast revenues to rise 30% and net profits to rise 35% (with higher margins and assuming company can pass on increases in raw materials cost to its customers). .........continued at my blog

 

What is the forecasted Q1 earning? How is oil price affecting this company? Can they pass the cost to customers?

 

Profit taking this morning well absorbed. Should not have problem continue up trend!

 

40c barrier broken. Should move up faster and stonger next few week. 1Q result coming soon and that may provide the necessary force to push CG above 50c!!

 

Thanks Stockking & BullRun for the info...looks promising.

 

hopefully soon...tis one moves slow n steady so it wont fall

 

Strong rebound. Close 36 cents. Can it break 40 cents soon??

 

Hi ravi00, More discussions can be found here. http://analytics-asia.com/v-web/portal/cms/modules.php?name=Forums&file=viewtopic&t=410&start=45#4579

 

Hi ravi00, Find out more from: http://www.kelive.com/kelive/userview/DetailPageMF.jsp?cntry=SG&lang=en&cat=CH&type=MF&contId=518 ***I'm not suggesting that you buy...but if you decided to...buy at your own risk!