
ROI25per & jerrymaguire, thanks for the very good analysis in your posts below.
Cheers and enjoy the fruits from the recent harvest.
yeah boy, i am also waiting...

for those who wanted to try contra, i suggest we can wait until the selling stop. i agree tomorrow can have the 2nd round of selling. so hope we can get a good price to enter again.
look at the chart of lian beng and koh brother last week, they were pulled back hard after news announced too, after they were consolidated for a week, they shot up even higher this week.
so be patient and wait to enter at lower price.
i am using CIMB-GK, which you can see from time & scale... below the record ..
09:36:52 | 0.485 | 50,000 | A |
09:36:52 | 0.485 | 10,000 | A |
09:36:41 | 0.485 | 4,561,000 | B |
09:36:39 | 0.485 | 10,000 | B |
09:36:33 | 0.490 | 30,000 | A |
09:36:26 | 0.490 | 5,000 | A |
09:36:21 | 0.490 | 20,000 | A |
09:35:34 | 0.490 | 3,000 | A |
09:35:26 | 0.490 | 12,000 | A |
09:35:22 | 0.490 | 2,000 | A |
09:35:21 | 0.490 | 10,000 | A |
09:35:13 | 0.490 | 10,000 | A |
09:34:22 | 0.490 | 50,000 | A |
09:33:38 | 0.490 | 10,000 | A |
09:33:31 | 0.490 | 10,000 | A |
09:33:30 | 0.490 | 2,000 | A |
09:33:14 | 0.490 | 5,000 | A |
09:33:06 | 0.490 | 20,000 | A |
09:32:59 | 0.490 | 20,000 | A |
09:32:43 | 0.490 | 30,000 | A |
09:32:40 | 0.490 | 5,000 | A |
09:32:38 | 0.490 | 2,000 | A |
09:32:33 | 0.490 | 20,000 | A |
09:32:14 | 0.490 | 10,000 | A |
09:32:12 | 0.490 | 10,000 | A |
09:32:02 | 0.490 | 30,000 | A |
09:31:54 | 0.485 | 30,000 | B |
09:31:33 | 0.490 | 50,000 | A |
09:31:32 | 0.490 | 5,000 | A |
09:31:04 | 0.490 | 10,000 | A |
09:30:58 | 0.490 | 20,000 | A |
09:30:51 | 0.490 | 50,000 | A |
09:30:51 | 0.490 | 20,000 | A |
09:30:48 | 0.490 | 5,000 | A |
09:30:24 | 0.490 | 100,000 | A |
09:30:21 | 0.485 | 30,000 | B |
09:30:12 | 0.490 | 20,000 | A |
09:30:10 | 0.490 | 5,000 | A |
09:29:59 | 0.490 | 20,000 | A |
09:29:54 | 0.490 | 20,000 | A |
09:29:53 | 0.490 | 50,000 | A |
09:29:41 | 0.490 | 5,000 | A |
09:29:38 | 0.490 | 50,000 | A |
09:29:32 | 0.490 | 20,000 | A |
09:29:29 | 0.490 | 30,000 | A |
09:29:29 | 0.490 | 10,000 | A |
09:29:24 | 0.490 | 50,000 | A |
09:29:16 | 0.490 | 100,000 | A |
09:28:57 | 0.490 | 20,000 | A |
09:28:48 | 0.490 | 80,000 | A |
09:28:39 | 0.490 | 20,000 | A |
09:28:33 | 0.485 | 100,000 | B |
09:28:14 | 0.490 | 10,000 | A |
09:28:09 | 0.490 | 35,000 | A |
09:27:43 | 0.490 | 100,000 | A |
09:27:39 | 0.490 | 10,000 | A |
09:27:09 | 0.490 | 10,000 | A |
09:27:03 | 0.490 | 20,000 | A |
09:26:57 | 0.485 | 10,000 | B |
09:26:53 | 0.490 | 30,000 | A |
09:26:52 | 0.490 | 30,000 | A |
09:26:46 | 0.490 | 5,000 | A |
09:26:27 | 0.490 | 20,000 | A |
09:26:26 | 0.490 | 30,000 | A |
09:26:19 | 0.490 | 3,000 | A |
09:26:18 | 0.490 | 10,000 | A |
09:26:16 | 0.490 | 20,000 | A |
09:26:14 | 0.490 | 20,000 | A |
09:26:14 | 0.490 | 20,000 | A |
09:26:05 | 0.490 | 20,000 | A |
09:25:46 | 0.490 | 50,000 | A |
09:25:40 | 0.490 | 10,000 | A |
09:25:27 | 0.490 | 20,000 | A |
09:25:07 | 0.490 | 30,000 | A |
09:25:05 | 0.490 | 100,000 | A |
09:24:49 | 0.490 | 10,000 | A |
09:24:47 | 0.490 | 20,000 | A |
09:24:42 | 0.490 | 10,000 | A |
09:24:41 | 0.490 | 20,000 | A |
09:24:30 | 0.490 | 10,000 | A |
09:24:15 | 0.490 | 12,000 | A |
09:24:08 | 0.490 | 30,000 | A |
09:23:52 | 0.490 | 20,000 | A |
09:23:50 | 0.490 | 10,000 | A |
09:23:44 | 0.490 | 18,000 | A |
see the 3rd role, i couldnt find the 5mil one, but i found the 4.5mil done on Bid price (selling down). from this table, we can see the volumn done on ask price is small per trade, which is retailer. BB is always the leader of the game, so just follow what they are doing. if they sell in big volumn one short, we got to follow to run away.
anyway it is normal pull back because it has risen so much and gap up today. ppl always taking profit after news announce.
but this is a good chance, i can be oversold occured or panic selling... 0.44 is a very good price to enter .
today showed a 1 day reversal trend, normally price will go down the next day. let see.
Signs for 1 day reversal are
1) open gap up today
2) went higher than yesterday
3) closed lower than yesterday
4) volume greater than yesterday
Price hit a high of 0.495 today on opening & during lunch time, it slowlys drops to 0.470 till current price 0.460. Contra players will be in for a shock these few days. Hopefully tml it will break the 0.500 mark !
oh ic...thanks for explaining Synapse !
CSC is far from being fully valued. But short-term indicators showing over-bought. BB sell down to suppress price & force out short-term traders who are happy with their profits. BB will accumulate again later @ lower price. :)
Hi jerrymaguire, where (any website?) can we see "5mil a trade" ?
Hi jerrymaguire
I am new here.. What does this mean? anticipating the price will continue falling? why do BB wan to dispose the shares? care to enlighten?
thanks!

the price has been pulled back .... just like koh bro and lian beng last time when they announced the news . so for contra players, pls dont go in first .
i seen the buy up volumn is normally by retailer (small voumn trade) but the sell down volumn is big (5mil a trade). this means the BB is disposing their shares. so be careful.
QUOTES:
"Shares of Singapore-listed CSC Holdings Ltd, a building foundation specialist, hit a seven year high in early trade Wednesday after it said it has won contracts worth a total of 60 million Singapore dollars. At 10.24 an, CSC was up 1 Singapore cent or 2.13 percent at 0.48, off a high of 0.495, on brisk trade of 62.25 million shares.
The firm said last night its subsidiary, L&M Foundation Specialist Pte Ltd was awarded a 54 million Singapore dollar foundation engineering works contract for a parcel of work in conjunction with the integrated casino resort project at Marina Bay.
It has also won a six million Singapore dollar contract for foundation engineering works, soil investigation, and instrumentation works for the proposed construction of Resorts World at Sentosa. CSC said the projects will impact its results for the current financial year to March 2008.
The company said it has an orderbook of about 387 million Singapore dollars, with a substantial number of contracts targeted for completion in the current finanical year."
With these recent developments, the Group?s order book now stands at approximately $ 387
million. A substantial amount of these secured contracts are targeted to complete during the
financial year ending 31 March 2008.
last year 2007, net profit was 9.308m with revenue 126.683m; margin abt 7%.
now for 2008, with revenue 387m, profit easily 3 times,~ 27m. 2008 EPS will be ~$0.025 [ 1,112,391,951 shares outstanding]
if PE =20, share price will be $0.50.
if PE =30, share price will be $0.70.... cheers
i believe it should be 2nd phase of projects. the IR projects cost 5billions dollars or even more.
hope this announcement will give today's bull run a push . i am not sure what is the impact on the price tomorrow.... hope will be good good one ....
I read the announcement. The newly announced contract is for Marina Bay worth approx $54m, work under this contract is expected to be completed in November 2007.
I thought they have already won the $240m contract for Marina IR earlier?
below the SGX announcement ... hope tmr we have a good price ah ...
good luck ..
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_408BE37C4B20C7FF4825730D003C9532/$file/IR_Subcontract.pdf?openelement
dear all CSC member ... i seen the latest announcement ... CSC secured another $54mil IR contracts !
cheers ... go go go ...
Oops, sorry josephinelim. I hope my prev post is not construed to be hostile. I can hardly contain my excitement from brimming over as i'm vested in CSC too.

josephinelim, i'm curious ... on what basis do you say that CSC will be 60 cts tmwr?
just buy , tomorrow 60 cents , construction super hot now......