Hengxin Tech   

Hengxin

Wat happen to this counter?? under such a huge selldown.. are there bad news that we don know?? Vested...

 

This counter may have chance to technical rebound. 10% to 20% for 1 to 2 days like most of china penny stocks. But its sell down force vey high. Scary!!

Agree with Hulumus, aim some good counters at bad price. Do you think Hengxin is one of it?

 

hey bro, so FA good bo? those NAV, PE still can tahan sell down or not? On tomorrow?

 

jackjames,  oh i understand.  may be we change dead cat to wild cat or cheetah, ha, it can really spring. same as you I do not know anything about this counter, but since we are here, why not just share? I read from share investment 317, just copy some financial data:  NAV0.2226,  PE 4.2 yield2.4%, 1H07 margin 10.97%,  Old ROE in 3x% range..

The Company was incorporated in Singapore on 18 November 2004 under the name Hengxin International Pte Ltd and was renamed to Hengxin Technology Pte Ltd on 24 December 2004. The Company adopted its present name on 12 January 2006.

Based in Jiangsu, China, Hengxin Technology is principally engaged in the research, design, development, manufacture and sale of communications and technological products, comprising RF ("radio frequency") coaxial cable series for mobile communications and other telecommunications equipment. Its products are widely used in the transmission systems of telecommunications operators and service providers, major equipment manufacturers and cable television networks in China.

 

No no no, i didn't vest this counter yet, don't misunderstood...... i just saw this counter right now after works.... i don't even know this counter drop so much, i went and look at their time and sales , i pick up those crazy sell down one.... waaaa... it scares me , u know.... so many huge lots sell down... some really bad news coming up??????  but again, no matter how bad, the dead cat should rebound right? as u can see today and yesterday....

here is the highlights game of this counter today.

1000 lots sell down at 0.225, don't play play hoh..

16:55:37	0.225	285,000	Sell Down
16:53:14	0.225	100,000	Sell Down
16:51:16	0.225	1,000,000	Sell Down
16:51:04	0.23	441,000	Sell Down
16:40:52	0.23	107,000	Sell Down
16:37:56	0.23	95,000	Sell Down
16:29:51	0.23	210,000	Sell Down
16:23:14	0.23	250,000	Sell Down
16:16:24	0.23	100,000	Sell Down
16:11:47	0.23	143,000	Sell Down
16:03:01	0.23	98,000	Sell Down
15:57:46	0.23	536,000	Sell Down
15:57:42	0.235	515,000	Sell Down
12:22:26	0.235	235,000	Sell Down
12:03:49	0.235	100,000	Sell Down
12:01:53	0.235	250,000	Sell Down
11:20:05	0.24	200,000	Sell Down
10:31:09	0.24	343,000	Sell Down
10:27:38	0.245	200,000	Sell Down
9:40:00	0.24	328,000	Sell Down
9:39:31	0.245	285,000	Sell Down
		5,821,000

 

wah jackjames, you are brave!. I saw the big red candle stick and all other indicators seem trend lower, does that say the price is beginning to trend lower? Perhaps let it drop more before pick up some?

 

With all the china stocks rebound strongly today, ChinaOilTech, Sinostar, ChinaHongxin, etc..

But Hengxin is the only counter heading all time low at 0.225 !!!!!!!!  

I shall use my gain to bet on this DEAD CAT.. sometimes, DEAD CAT CAN SRPING !

 

 

Dear Manikamaniko,

Any thing wrong? Good time to buy this good stock with the bad price.

 

Bad... just dropped to low 0.24 ...

 

15:31:54	0.240	11,000	A
15:31:33	0.240	68,000	B
15:31:16	0.245	30,000	B
15:29:49	0.250	140,000	B
15:14:11	0.255	100,000	B

 

Someone seems determine to bring down the price...

 

Someone buying at 200, 000 and someone selling at 200, 000...

14:12:54	0.260	37,000	B
14:12:32	0.260	163,000	A
14:11:29	0.260	38,000	B
14:10:17	0.260	262,000	A
14:04:21	0.260	38,000	B
14:03:38	0.260	162,000	A
14:01:55	0.260	38,000	B

 

Good transaction volume today, support seem to be at 0.26. Any comments?

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Last Trades Volume Bid Volume Mid Ask Volume 0.255 2 51,000 45,000 0 6,000 0.260 43 5,414,000 4,256,000 0 1,158,000 0.265 3 41,000 20,000 0 21,000 TOTAL 48 5,506,000 4,321,000 0 1,185,000

 

Someone let go 2,068,000 at 10.15. Wonder whether it is the work of the ex-director again.

 

Ta decent. worth a small punt. however there are many counters with better Ta potential. thus vest at ur own risk

 

Had been hovering around this range. Should break through $0.30 soon.

 

You need to be patient...

 

kena faked, only up abit then drop again ... not gona touch this "ruthless heart"

 

Not going to be easy to break $0.40 barrier at this moment as it reached only $0.39 this 2 months or so. As for the ex-director selling his shares, he now holds only 13,718,613  (4.08%). As for the company, I still think it has prospects looking at the financials information stated earlier.

 

any counter where there is management problem..avoid..like Biotreat with its ex-chairman..ex directors and his siskin Investment Ltd still selling...bro..sell and use to buy Biosensor still got hope of recouping..why I'm advising U because previously ..last year I was stuck at 55cts..100 lots luckily Hengxin shot up to 75 cts and $1.03 and i managed to get out..thanks out after this was all the way down..although it hoevered at 40 -50cts for quite some time...b4 drifting below 30cts