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jacksonwwl
    19-Feb-2013 12:34  
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1.6?? when it shoot so high... lol...
my stop point at 1.15.

ozone2002      ( Date: 19-Feb-2013 11:55) Posted:



correction taking place after a 18% run up yesterday..

still cheap @ 4-5x PE

 
 
Insanity
    19-Feb-2013 12:34  
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LoL Somebody kept telling me ytd "dont be greedy" and lucky I queued to sell off at 1.2
Same looking to buy back at low
 
 
srichipan
    19-Feb-2013 11:59  
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Sold mine when it hits my stop order at 1.60. Still good profits though. Waiting for a chance to enter again! Probably before next results announcement again! Haha

ozone2002      ( Date: 19-Feb-2013 11:55) Posted:



correction taking place after a 18% run up yesterday..

still cheap @ 4-5x PE

 

 
ozone2002
    19-Feb-2013 11:55  
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correction taking place after a 18% run up yesterday..

still cheap @ 4-5x PE
 
 
jacksonwwl
    19-Feb-2013 11:07  
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just now saw 1m vol in buying q for 1.16... look like this is a strong point... hvnt take profit yet @@
whr can it jump tmr?
 
 
nokolosti
    18-Feb-2013 23:54  
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Sorry srichipan I actually pluck the figures off DBS vickers. I didn't realised it was in another currency. My bad my bad haha. But the P/E ratio reflected on investing.businessweek.com is 4.5 

 

Cheers to all who invested ! Smiley  Hong Bao for you all 

srichipan      ( Date: 18-Feb-2013 21:33) Posted:

how you get 1.344?

nokolosti      ( Date: 18-Feb-2013 21:12) Posted:



I calculated p/e ratio for this is 0.8 is there a problem with my calculation? The Price is 1.2 and the EPS is 1.344. 

Anyway i invested since 0.79 and happily sitting on it :P 


 

 
nokolosti
    18-Feb-2013 23:51  
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Thanks so much oldflyingfox!Btw i'm quite new to stocks and China Minzhong is the first stock i bought.  Smiley 

oldflyingfox      ( Date: 18-Feb-2013 21:53) Posted:

I guess the 1.344 was in RMB, has to convert the S$ first to calculate the PE.

srichipan      ( Date: 18-Feb-2013 21:33) Posted:

how you get 1.344


 
 
jacksonwwl
    18-Feb-2013 22:58  
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due to this indofood, think the maggi being fried too fast... a lot news player are joined the fun.
but when they are going to retrieve with the profit?

the long long white candle today, will it continue?!
by right this still can fry for few days... waiting to see tomorrow ^^

but anyway... i bought in 1.035... but i monitor it at 0.70 =.= wat a wasted...
 
 
srichipan
    18-Feb-2013 22:39  
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oh man. thanks for highlighting the mistake!

can share how you get 1.398 though? 

teobl9      ( Date: 18-Feb-2013 22:30) Posted:

Hi srichipan, latest NTA is RMB7.05 or SGD1.398. Your calculation of PER is based on 1 quater EPS which is again wrong! It should be latest price divided by last 4 qtrs total EPS which about 4.xx! But again due to new share placement to Indofood, the above calculation will be about 15% diluted. I am still holding the share and will average up more as I anticipate better result on next qtr due to CNY sales!

 
 
teobl9
    18-Feb-2013 22:30  
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Hi srichipan, latest NTA is RMB7.05 or SGD1.398. Your calculation of PER is based on 1 quater EPS which is again wrong! It should be latest price divided by last 4 qtrs total EPS which about 4.xx! But again due to new share placement to Indofood, the above calculation will be about 15% diluted. I am still holding the share and will average up more as I anticipate better result on next qtr due to CNY sales!
 

 
srichipan
    18-Feb-2013 21:56  
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anyway the NTA is   RMB6.64/Share which translates into SGD1.328/share. (after taking into account the proposed subscription)

the P/E ratio should be at this price should be around 11.7 ($1.2 divided by 0.102)

Hmm. Upside pretty limited from now. And I think the synergy between Indofood and CMZ gonna take a while before we see the effect. Considering taking profits soon. What you guys think?

 

source: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2B4E0532BAA77D5248257B130023498D/$file/CMZ_ProposedSubscription_15Feb13_finalversion.pdf?openelement 

 

 
 
 
oldflyingfox
    18-Feb-2013 21:53  
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I guess the 1.344 was in RMB, has to convert the S$ first to calculate the PE.

srichipan      ( Date: 18-Feb-2013 21:33) Posted:

how you get 1.344?

nokolosti      ( Date: 18-Feb-2013 21:12) Posted:



I calculated p/e ratio for this is 0.8 is there a problem with my calculation? The Price is 1.2 and the EPS is 1.344. 

Anyway i invested since 0.79 and happily sitting on it :P 


 
 
srichipan
    18-Feb-2013 21:33  
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how you get 1.344?

nokolosti      ( Date: 18-Feb-2013 21:12) Posted:



I calculated p/e ratio for this is 0.8 is there a problem with my calculation? The Price is 1.2 and the EPS is 1.344. 

Anyway i invested since 0.79 and happily sitting on it :P 

 
 
nokolosti
    18-Feb-2013 21:12  
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I calculated p/e ratio for this is 0.8 is there a problem with my calculation? The Price is 1.2 and the EPS is 1.344. 

Anyway i invested since 0.79 and happily sitting on it :P 
 
 
xing78
    18-Feb-2013 20:07  
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i never cry... haha...

fortunecat      ( Date: 18-Feb-2013 16:26) Posted:

me lor  Smiley

teobl9      ( Date: 18-Feb-2013 14:28) Posted:

Huat ah! Those wait for the price retreat to 90 cts cry w/o tear now!!!


 

 
oldflyingfox
    18-Feb-2013 19:40  
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If it could maintain above $1.175 for the next 2 days,  the next target will be at around $1.30 which we should see some profit taking. In a longer term, $1.50 is very possible.

Huat lar...

srichipan      ( Date: 18-Feb-2013 16:13) Posted:

bro, hit liao!

oldflyingfox      ( Date: 18-Feb-2013 14:00) Posted:

Will it able to break the 2012 high of $1.175? This will be an important moment, break or come down... time to watch closely.


 
 
Peter_Pan
    18-Feb-2013 17:56  
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ChinaMinzhong : Maintain Buy

Lim & Tan Securities
 
 
bishan22
    18-Feb-2013 16:46  
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Little brother sinogrand oso moving swee swee. Huat arhhhhhhh.  Smiley
 
 
Peter_Pan
    18-Feb-2013 16:34  
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Tons of snake pear rolling in. Huat ah!
 
 
Bopanha
    18-Feb-2013 16:28  
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Food counters still in demand.   CMZ can still climb lol.
 
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