
When situation is not cleared, ie land deal, how much cash was washed out etc.
U may consider to stay sideline, esp now market is down trend, with uncertainty on 700b bailout plan fr Mr Paulson, US.
Lehman linked structured products and AIG issue stirred shit in Asian region. HK alrdy got it. Korea pension fund shrink 60%, old folks are now crying.
Spore banks and investment coy are now tabulating the damages to the poor clients who hooked on collapsed financial institutes.
Just be vigilant, in this buoyant market.
AK, now 95-96. Is it a good entry price?
AK_Francis ( Date: 25-Sep-2008 00:41) Posted:
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its a good buy if below 1.
China bribery can get shot 1 leh
Stupidbear ( Date: 24-Sep-2008 13:55) Posted:
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I read one article that says if a stock is going down with rumours or problems, don't buy. Cut if you can to conserve capitals. the momentum is down and not up. So should avoid. I do not have this but just sharing what i've read.
Buy later when it is moving up on momentum, average up along the way.
not shorting, heard that it got itself into trouble, some bribery case.
1 bribery case yet share price dropped like stone. hmmmmm
wow...wat happ to this burger? from 1.32 high to 1.02 now ?!!??! wow...WHO is shorting ?!?!??!? :P
has been methodically (and rather massively, if you look at its vol) distributed by a foreign BB over the past week. fyi.
dun look tt good already...among my screen of green field...one outstanding red Yanlord stuck out
MACD positive crossover was noticed yesterday ..RSI crossed the 50% mark ...$2.28 was its resistance..now turned support...yesterday crossed and closed above it at $2.30
this counter has come down quite abit.. looks good but i will avoid as of now after seeing so many china stocks fall until so jialat.. so they should fall further since there is no good reason for any cheong up.. the rebound will also be shortlive..
dun look good technically ...china counter somemore...
DJ MARKET TALK: Goldman Sachs Cuts Yanlord Land To Neutral
0005 GMT [Dow Jones] STOCK CALL: Goldman Sachs downgrades Yanlord Land (Z25.SG) to Neutral from Buy; cuts target price to S$3.27 from S$4.78. Says downgrade reflects less certain outlook for China real estate developers; "we would not aggressively accumulate the former at this stage on concerns of a liquidity crunch amid a deteriorating global macro outlook and our expectations of persistent volatility in the sector in the near-term." Shares closed down 0.4% at S$2.62 Friday. (KIG)
[IMG]http://i258.photobucket.com/albums/hh275/khongel/yanlord_jan.jpg[/IMG]
Critical support at 2.80 if break will test 2.40
Low MACD provides strong support. and STI component starting 10 Jan 08.
careful yanlord; appears to be being distributed now. large lots selling.
yl: counter being sold down. be careful of break below 2.94. from market depth, very thin buy support below this.
if this px can hold, there may--repeat, may--be a tech rebound. williams is -97 oversold alr. not likely to be long lived tho. longer term: lower low and lower high definitive for third time alr.
caveat emptor. not vested.
May reduce stake. http://www.freewebs.com/henryhts
ack. all i can say is, it's not gonna be pretty on this counter on monday. actually, i don't think it'd be pretty on any counter on monday. >~<
sigh. looks like a fall to nov's lows...hope not lower, that's all.
china property is already slowing down...
have 2nd thoughts on this counter... I will buy MAYBE below $2.50
yeps, this baby still downing. watch for 3.08 critical pt. from market depth the two supports are 3.10 and 3.02. very thin buy vols. so be careful.
new year rally seems further and further away. haha.