China New Town   

EarthQuake Stock

reach .235 high however drop back to .215, wonder will CNT chiong next week?

 

finally U turn !!!

 

Hmmmmm.....

 

Is this counter having a tech rebound or is starting to have a uptrend ahead???? The only way is to watch closely however already broke out....

 

Thinking of getting more lots to avg out those holding..... Anyone have any call on this laggard???

 

I'm a little lazy here to do the research (not vested the reason) but want to find out more informations about CNT from those vested. A few questions as follow, hope you guys/gals can help me out.

Q1. What are the real tangible assets on CNT's book? (eg. physical assets, reserve rights,  natural resources, cash, etc)

Q2. What's the net asset values of those assets

Q3. Any existing "Put Option" on CNT unexercised? If so, details of the "Put" conversion?

Thank you. Appreciate any helps and  good nite.

 

This is extremely under value counter .... is time to bottom fish !!!

 

The board of directors (the "Board") of China New Town Development Company Limited (the "Company") would like to announce that the operations of the Group's four new town projects that are located in the suburban areas of China's major cities, namely, Shanghai Luodian, Wuxi Hongshan, Shenyang Lixiang and Changchun have not been affected by a 7.8-magnitude earthquake in southwestern Sichuan province, Central China on 12 May 2008 (the "Earthquake").

To date, the operations are running as usual at the respective sites as all of them are located outside the region affected by the Earthquake. The Company does not expect to have any significant impact on its business operations and financial performance due to the Earthquake.

 

this counter seem to have stablilize fr the moment, but one can tell as this counter is always setting new record low.

 

...think BB collect enough leow at cheap cheap... slowly nudging this burger bit by bit...

 

Why is this burger trading at 20 cents no ups no down?

 

alot uncle and aunty going to ??????,,,,,,,,allot of they are from phillip acct active retail trader,,,,,,,,,,,,,,,so ,,,,,,,,

 

maybe new opprtunities to build more buildings for ChinaNTown?

 

ive faith in this counter. bought @ 25 cents. wait for the hype of the earthquake to subside first. then it will fly when the olympics is nearer.

 

waiting for the best time to load this counter

 

 

really that bad？ why？it is profit making company tot of investing

 

avoid tis stck,,,,,,,,,,penny stck akan datang,,,,,,,,out of my radar,,,,,,,lazy to see tis ,,.............

 

BBs could be purposely depressing it to collect cheap cheap.  Later, get the brokerage houses to highlite the facts i'd presented (you see, brokerage houses work for BBs who are their big clients)... then push the stock price up to make huge profits.

Not vested here.

 

 

178investors,
This same thought crossed my mind as well. But the share prices seems to think otherwise. Nevertheless, CHHEEEOOONGGGG AAAAHHHHH...!!!!!

 

I thought earthquake should benefit ChinaNewTown. CNT is not a property developer but more like contracted by municipal authority to clear land for future development by the authority or others. CNT is then paid the land clearing jobs when the authority sold the cleared lands. CNT is not involved in property development so correct me if I understand their model differently.

Why earthquake benefit CNT??? Because more damaged buildings mean more rebuildings on existing land. The damaged buildings have to be demolished and cleared. This is where CNT comes in and could benefit from this disaster, sad to say.

Not vested in this stock.

 

Push down target for today maybe at 15cents.......down will be very fast when BBs in for shorting....

Beware.......

 

I've been buying from 28 cents. Today bought some more at 20 cents. Hope to see a rebound soon. Can't imagine IPO at 83 cents a couple of months back only.