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China Energy look like it has lose some of it shine.
China Energy Development, listed in hong kong stock exchange
Formerly known as Hon Po Group (Lobster King) Limited. From selling lobster to selling LPG, moving upstream huh?
Formerly known as Hon Po Group (Lobster King) Limited. From selling lobster to selling LPG, moving upstream huh?
China Energy Development, which has a joint venture with China Petroleum & Chemical Corp (Sinopec) to sell liquefied natural gas from Zhuhai to Macau, has raised HK$445.5 million through a placement to fund its energy project. The company sold 270 million new shares, or 9.6% of its enlarged share capital, at HK$1.65 each
Feb. 19 China state-run oil companies invested $52.05 billion in energy project, beating estimates by almost 19 percent, government data show.
I believe that once the entire market is more stable, china energy will resumed its uptrend very quickly ( based on what i read in the FY report). Based on this belief, i replenished some lots at 1.06 yesterday.
China Energy can cheong ..... so is China EnerSave .....
Let's hope it's theme play .....
Observe closely .....
China Energy today, 9,939,000 shares traded between 1.08 to 1.11 up 0.01. Seems to be quite strong. Is it on the UPTREND? Any views?
kovan, everyone has plenty. But whether it's being utilised make that difference. My china also buai pai u know.
No hardfeeling. mirage.
Current PE of chinaEnergy trading at 25 plus and active in trading volume. Probably anticipating the huge potential expansion in the coming future ( as the plan is released in the IPO prospectus).
Current eps is 4.5 cts ( 22.5 cts RMB). If eps grows by 50%, it will be 6.75 cts. For PE of 25, that will be $1.68. My quick mental calculation.
Not to taken seriously.
Vested at $1.
Current PE of chinaEnergy trading at 25 plus and active in trading volume. Probably anticipating the huge potential expansion in the coming future ( as the plan is released in the IPO prospectus).
Current eps is 4.5 cts ( 22.5 cts RMB). If eps grows by 50%, it will be 6.75 cts. For PE of 25, that will be $1.68. My quick mental calculation.
Not to taken seriously.
Vested at $1.
Dear KilRoy,
YOU are saying that traders should not be trusted huh? There might be some hidden agenda, is it?
good try, stocker2007.
next time better write simply england or rather english.
those vested in CE not only hv brains but also plenty of grey matter, if you know what that means.
Hi stocker 2007
I am sorry, most probably I have mis-understood you. My apologies. I agree with you, it is good to accumulate China Energy. Sorry, hope there is no hard feelings. Regards. Mirage.
Mirage, i didn't say you are a no brainer. Pardon my england not so powderful.
Perhaps i put it straight, CE is good for accumulation. Judging from the expansion of DME production in the first half of 2007, the revenue is going to increase tremendously.
Perhaps i put it straight, CE is good for accumulation. Judging from the expansion of DME production in the first half of 2007, the revenue is going to increase tremendously.
yammay74, if you can get a copy of Trading Edge, please read the article call Edge. Its not everyday that an Analyst is kind enuff to tell you this sort of thing.
There is always a motive behind and also an edge they need to have against retail investors like us. Dont get push around. Everyone out there is for him/herself wanting to make a quick buck.
I am also vested in CE. :p
Hi all,
Heard from my trader that Morgan Stanley has just bought China Energy at $1.12 today. He advised me to keep CE.
stocker2007,
If you are not interested to invest in this stock, you shouldn't say those who invest are "no-brainers", Please KEEP your own opinion to yourself. Do you know that China Energy had increase from 1.01 to 1.14 from last fri till today, an increase of 12.9%. in just 2 trading days.
I think you must be a "no-brainer" to make sure a comment.
This shld be a no brainer to accumulate.
Just flipping through the FY report, read that they are going to increase the DME production capacity by 400,000 MTPA by first half of 2007. Cant imagine how % they are going to grow this FY.
Just flipping through the FY report, read that they are going to increase the DME production capacity by 400,000 MTPA by first half of 2007. Cant imagine how % they are going to grow this FY.
WOW, WOW, China Energy really got ENERGY, at the closing bell, more than 1,370,000 shares were traded at $1.12 per share, up 0.11 or 10.89% from friday's closing price.
Too bad only buy 10 lots last friday.
(Refer my post on 12-Mar-2007 11:27am. on this thread.)
UP, UP, UP and away, sky is the limit. Cheers, Cheers!!!!!!!!!
WAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA....... UP a lot today.. shiok.
China Energy is moving up again, more than 10 million shares changing hands, with a high of 1.05, up, up, up and away. Cheers.!!!!!!!!!
A re-risen star ..... * * * * *