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21-40 of 63
52c never come...
break previous high of 57c today, close at 59c - a very good sign... guess there is no turning back :)
Q1 fy06: rmb 24.4 m net profit
Q2 : 37.3 m
Q3: 40 m
Annualized --à net profit = rmb 147 m
= eps of 11.2 spore cts (+ 107 %)
based on FY '06 eps of 11.2 cts, PE @ 55 cts = 4.9
So cheap!
CGTECH seems to have form H&S neckline resistance@0.555
I have taken profit just.. Now sideline to watch a while for 0.520
I just re-visit my chart.
Forming a double (very minor) bottom @ 0.53 on EWT wave 4.
Monday's
support@0.52.
Resistance@0.54.
Channel Resistance@0.55
IF 0.55 taken out at high volume, Wave 5 would follows.
Again, CS & ING is buying up.
(vested opinion only; pls bear with me)
Yes, I am also optimistics on this stock. But currently waiting on sideline hoping for any significant pullback b4 entering.
Not vested yet. Cheers!
I am bullish on this stock and have a personal target price of 68 cents. Vested at 38.5 cents.
I don't think it is too late to enter. But certainly risk reward ratio has gone down slightly. Hopefully, the hong bao will ring in the New Year with this counter.
Ya...worth taking a closer look at this stock!:-))
There should be more upside for this undervalued company!!
Will Bright Orient's profit warning have adverse effect on this counter???
I've heard alot abt this counter but have not been monitoring it. Just wonder if its too late to buy at current price?
Somehow, got a very strange feeling that this one gotta flyUP nextweek. As if the chart is shouting, buy me.
CARE:
May correct to mid channel support@0.50 in coming days.
(if tomolo open weak. as it fail to break thru upper channel resistance 0.545 today (17/01/07).
will buy more @ 0.500.
CG tech always get active at ard 11 am...
wonder why ?
Anyone can shed some light
Resistance@0.57
Support@0.525
Take note.
Base on sentiments (Higher price at higher volume),
I see a good chance for 0.57 to breakout to higher grounds.
Wah..sudden cheong.
Thot today will be another zzz day for this counter. :P
Yes Yes..looks like its heading towards 0.60cts!
zujzuj good luck and a happy CNY! :-)
I m paying up my shares tmr (bought @ 0.48 last week) upon breakout. Still looks strong.... unless some unexpected events happen, I am looking @ 0.6 n above before CNY
Just re-visit the chart.
Broke out of mid term trend resistance@0.505 last friday (12/01/07)
Even todays' low (Mon 15/01/07) is 0.505 which 0.500 is not tested.
I would view 0.50 as a strong support.
Again, as i quote CS is buying up from my counter party shown last week.
Myabe others can state whom their counter parties are
(if you did partial sell to take profit)
Sorry, if i waste the bandwidth. Just sharing...
The chart looks good, esp the weekly chart. This one can keep for mid term. A potential multi bagger for 2007 given its v low (single digit) forward PE.
Watch it break out of consolidating zone last week n now heading towards short term target of 0.52. Might / might not pull back but if it does, 0.455-0.465 is a strong support.
Just my 2 cents worth of views on this