Post Reply
2241-2260 of 2490
1.10 today, here we go
S-chip chiong arhhhhhhhhhh .................. lol!
LIKE !
sgnewbie ( Date: 14-Feb-2012 09:52) Posted:
|
rising 2.5 cts as of now, 1.03 now.
My own opinion is this S-chip now likely give the highest potential return among all the s-chips for this 2012 year.
last sept my TOP pick was yanlord, BUT now my TOP pick is this C Minzhong......
Lets see by mid-2012, how the stock price
steven080967 ( Date: 14-Feb-2012 07:18) Posted:
|
Kim Eng Tips Basket Of 10 Singapore Small-Caps
13 Feb 2012 13:24
0524 GMT [Dow Jones] STOCK CALL: Kim Eng advises a value-oriented approach to investing in small-caps, tipping a basket of ten stocks. It notes they were stock-market darlings at various times, but have since fallen from their crest, underperforming the STI over the past 24 months it says they mostly trade below book value and on single-digit PERs. " Individually, the stocks may not merit a Buy recommendation under normal context. Yet, taken as a whole, we think it makes sense to set aside some 'mad money' to put into these stocks to wait out - or lose." It views most of the bad news or poor sentiment toward the basket may already be priced-in. It tips AusGroup (5GJ.SG), Broadway Industrial (B69.SG), China Minzhong (K2N.SG), Eratat Lifestyle (FO8.SG), Lian Beng (L03.SG), Li Heng Chemical Fibre (E9A.SG), Mercator Lines (EE6.SG), Midas Holdings (5EN.SG), Pacific Andes Resources (P11.SG) and Raffles Education (NR7.SG). (leslie.shaffer@dowjones.com)
i was right about the rally overnight, all up - nasadq 0.95%, dow 0.53%, ftse 0.91%, cac 0.34%
local and angmo analysts all say china minzhong is a $2+ stock this year.
lets see how this baby do today, i m thinking rally to 1.08-1.1
today piping hot from the 2 brokerages CIMB and Kim Eng dated 13th Feb report recommended a few penny stocks that will surge and rally strongly in this year, and China Minzhong is the ONLY counter that both brokerages called for Buy for this year among their different lists of HOT penny stocks to cheong list
Hmm, lets see whether both these hses right or wrong
steven080967 ( Date: 13-Feb-2012 15:48) Posted:
|
The big reason is, the angmo house anyhow forecast a sharp jump in revenue & profit last week and everybody jumped in (wonder if angmo house sold or not).
See > > > http://nextinsight.net/index.php/component/ccboard/view-postlist/forum-3-sgx-stocks/topic-4342-china-minzhong#ccbp8267
See > > > http://nextinsight.net/index.php/component/ccboard/view-postlist/forum-3-sgx-stocks/topic-4342-china-minzhong#ccbp8267
neutral ( Date: 13-Feb-2012 12:46) Posted:
|
i m thinking the BBs are driving it down today.
with greece securing its funding on sunday, the US and European markets will charge like a bull tonight.
watch this counter tmr morning. right back up!
tis counter actually in may-june 2011 when all other stocks, including blue chips, s-chips all collapsing including darling yanlord also plunging badly but strangely this china minzhong still rising from 1,60ish april to $1.76-1,80 in May 2011
come here kpo abit.. lol.. my friend got holdings on this.. he say sell on news... lol..
freeme ( Date: 13-Feb-2012 12:35) Posted:
|
strange, after ot release results before 9am, it trades at 1.04-1.045, the results seems ok, but why suddenly 12 noon got selldown........DOW FUTURES now green.......other s-chips like cosco quite resilient too
anyone gt comments on todays drop.. their result looks reasonably okie..
Forget about fundamental with this kind of market movement.
Hope S-shares will be next on BBs target!
This counter was doing very well last year beginning when some investor dumped a bulk of shares and that dragged it down and down to this levels of below one dollar. These China companies are like this and we need to move with caution.
Three more days (including today) to load up this one.
Expect a nice set of earning result!
part $$ in food, cant go wrong. :)
China MinZhong: Macquarie maintains O/p, with TP $2.35. Recommends Buy ahead of peak season earnings on 13 FEB 2012
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1DCE3C75D9F9D60E482579950014058F/$file/NotificationOfResultsRelease2QFY12_30Jan12.pdf?openelement
Some positivity seen for this stock this week as they build a new facility that could triple production. If they are able to maintain the high profit margin, then this stock could be a big winner someday. But, just a word of caution, I had the same experience with China Natural Gas (listed on US stock exchange), another company that was touted by its Director to grow by multiple times due to the robust demand in China, but as it is, promises and actual situation differs and the stock is in the doldrums and may even risk delisting after it was found out that the books are cooked up. Btw, China Natural Gas was also selling at low multiples like china minzhong so at first glance, it seems very attractive to value investors.
Some negativity is china minzhong doesn't seem so shareholder friendly especially when director were not interested to declare dividends to shareholders. Also, many accounting scandals that have hit some big China firms recently has caused investors to shy away from China companies, so the name China in front of the Minzhong is a turn off eventhough GIC is a major shareholder. Anyway, for me, GIC is not a good investment arm anyway especially when they blundered on Bank of America and many other investments by buying high and selling low during the financial crisis so I am wary of GIC track record despite it being a major shareholder.
But, still I am not totally negative on china minzhong, as I am a great believer of agricultural sector as a future sector winner and its value. I admit I bought into china minzhong but sold my holdings on the way down because the downtrend was too great. Gee, maybe I should have held through the downtrend, on hindsight, but well...