
Technically seems not yet.......
Not sure if china vtm delisted is going to improve Sapphire fundamental..........steel inventory seems to be still very high......
Look at today trend..
monday saphine at least 0.14
If BB want to play. all these fundamental will no longer valid.
Sapphire at this px is deem to be cheap.
We see.
Iron ore price had increased much more then steel price recently.......iron oe is used to produce steel....
If Sapphire had to buy iron ore at a higher price to produce steel, then it is bad......
steel price seems rising but iron ore increases much more when you look at the chart.......
Great !  Just warm up.....come 2013 will be 3rd largest private Iron and Steel Entity in Sichuan.
The other 2 large entities are government owned.
 
iwonder ( Date: 28-Dec-2012 16:16) Posted:
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Target exceeded...looking for 0.20....huat !
Hulumas ( Date: 12-Dec-2012 17:40) Posted:
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Happy 2013.... Huat la
saphine is next play..
NAV 0.225 now trading at 0.118
Debt from Credit Suisse Financing already paid with China VTM shares.  Get abt few millions cash in return.
Now no more " gain or loss from China VTM shares" to create havoc to P & L.
With the rebound in housing prices in China, price increase in iron and steel, lower energy cost,
this counter is worth about at least 0.45 cents.  The potential from silicon is even more lucrative.
 
Yes, good heavily buying entry!
iwonder ( Date: 27-Dec-2012 22:56) Posted:
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http://www.steelorbis.com/steel-news/latest-news/moc-average-steel-price-in-china-up-02-percent-732430.htm
Steel prices start to rebound.
waves88 ( Date: 21-Dec-2012 14:18) Posted:
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Watch out for the surge !  Noticed some illogical trading activity.
Isolator ( Date: 19-Dec-2012 20:35) Posted:
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Expect the unexpected...
Again...it happens:
 
NF1 (Sapphire Corp) | ||||||||
  |   |   |   |   |   | |||
  DAY HIGH :   0.117  |   NET CHANGE :   0.001  |   TOTAL VALUE :   2,310  |   | |||||
  DAY LOW :   0.114  |   LAST DONE :   0.114  |   VOLUME :   20  |   |   | ||||
Time | Last | Vol | Buy/Sell |   |   |   |   |   |
12:06:15 | 0.114 | 1 | B |   |   |   |   |   |
12:01:22 | 0.114 | 1 | B |   |   |   |   |   |
11:56:01 | 0.114 | 1 | B |   |   |   |   |   |
11:51:21 | 0.114 | 2 | B |   |   |   |   |   |
11:46:18 | 0.114 | 1 | B |   |   |   |   |   |
10:59:04 | 0.114 | 1 | B |   |   |   |   |   |
iwonder ( Date: 18-Dec-2012 01:09) Posted:
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Somebody is selling 1 lot almost every 5 minutes interval today.....what is this fellow trying to do?
Hulumas ( Date: 13-Dec-2012 23:36) Posted:
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Be ready the price will jump tomorrow!
Isolator ( Date: 13-Dec-2012 13:01) Posted:
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Expect the unexpected....
Next short term target will be Sgd. 0.120.
Isolator ( Date: 12-Dec-2012 10:10) Posted:
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I believe so!
Isolator ( Date: 12-Dec-2012 10:10) Posted:
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I believe so.
Isolator ( Date: 12-Dec-2012 10:10) Posted:
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