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Creeping up day by day quietly ..........shhh...
First TP : 22 ??
Next TP : 28 ??
Finally bought at 8.5c after a long wait.
trading resumes today, up 7 cts. believe to have more upside as its still trading at a cheap valuation.
CHT (Holdings) Ltd
said that its two subsidiaries have agreed to sell all their interests in Zhuozhou Donghua Packing Materials Co, Ltd for a combined RMB24.50 million (US$3.69 million). CHT's subsidiaries - Hebei Huaxia Enterprise Co, Ltd and Huaxia (Hong Kong) Adhesive Products Limited - each hold 24 per cent and 25 per cent respective interest in Zhuozhou Donghua Packing Materials Co, Ltd, a maker of biaxially-oriented polypropylene films. CHT said the sale is a process to divest its non-core assets.
Wow! Just look at the queueu for this company stock. 90 lots buy at 3.5 cents versus 60 lots sell at 35 cents!!? Who is doing this sort of dunny thing.
Suddenly, no more interest? So tricky. Felt some big hands is controlling.
date 4Dec 5Dec 6Dec 7Dec
vol[M] 1.38 3.55 2.08 0.81
cls 0.32 0.335 0.395 0.365
So...consider the vol agst price, what's next? Any advise
Better to be cautious with this stock.
I am always very careful with penny stocks that has low volumes. These counters are very prone to manipulation. Retail investors like ourselves are usually the ones to lose out.
need more push to get bigger present for christmas
This one also below IPO. Unionmet? I dont beleive so.
One long bar up after hibernating at 32. Is it a trick or a jack up due to super overselling?
singaporegal, thanks for your reply....indeed it is christmas present.
Closed at 39.5c today... Christmas presents...
I am looking here too. Trading pattern hard to diagnose. WHat causes the price to come down steeply early November? Fundamentals?
Hi Brendan,
This counter is a penny stock and I feel that TA may not work well for it. Anyway, if you look at its volume chart, you can see that recently, there has been lots of interest in this counter.
lowest at the moment. 52wk high at 90+c?? any idea why down eversince. pvc material investmnt or rotational play "akan datang"? hmm..hope hear some TA advise from singaporegal
32c, hmm...
may i know what is happening here?
why price keep dropping?
Recent low is 0.45 on 17 Aug.At what price would you recommend to buy in? As it is heading oversold region, I am also thinking. What go down should come up.Isnt't it? Any advise? 
I am waiting to buy.