Hengxin Tech   

Hengxin

going up to 40 ctn next week ? no volume, how to fly.

 

should be going back up soon ... probably within this week 

 

The price seems to be heading downwards.

 

Financials
Date Updated	28 Sep 2007	Financial Year	31 Dec 2006
Current Year Profit (After Tax) $'000,000	120.415	Previous Year Profit (After Tax) $'000,000	56.363
Net Asset Per Share	0.96	Turnover $'000,000	8.78
Current Year EPS (After Interest and Tax)	0.36	Previous Year EPS (After Interest and Tax)	0.17
PE Ratio (After Tax)	0.9	Times Covered	9.9
Price (at update time)	0.34	Dividend Yield	0.11

A company worth looking at?

 

Does anyone have a price target for this counter?

 

Current volume & transaction.

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.290	2	50,000	0	0	50,000
0.295	19	2,375,000	2,136,000	0	239,000
0.300	17	791,000	471,000	0	320,000
TOTAL	38	3,216,000	2,607,000	0	609,000

 What price will it reach today? Anyone wants to guess?

 

Yesterday transaction & volume very low as compared to the previous 3 days.

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.285	9	168,000	96,000	0	72,000
0.290	17	572,000	209,000	0	363,000
TOTAL	26	740,000	305,000	0	435,000

Will it perform better today?  

 

Transaction & volume very low as compared to the last 2 days. The market seems very quiet.  

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.285	8	115,000	96,000	0	19,000
0.290	3	55,000	0	0	55,000
TOTAL	11	170,000	96,000	0	74,000

 

Can anyone out there explain why there is a sudden increase in volume over the last 2 weeks especially the last 2 days? Beside the selling of shares by one of the major sharholder the last 2 days, I am curious to know who is the one that is buying all the shares that had been sold by this shareholder? Can anyone enlighten me?

Date     Volume
15/10    110, 000
16/10    1, 425, 000
17/10    2, 281, 000
18/10    2, 169, 000
19/10    4, 793, 000
22/10    7, 688, 000
23/10    13, 100, 000
24/10    14, 978, 000

Thanks.