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China 3G licence

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dcang84
    09-Feb-2007 17:22  
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<dbs new target and cimb target about 1.59 just recommend buy today.>

DBS covering their ass. When delay of 3-G rollout was made known, they still recommended a buy with a price target of $2.00+. Unbelievable!

Shoddy analysis on their part. Thank goodness I stayed out of this counter.
 
 
punter2006
    09-Feb-2007 17:22  
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I think dbs have to re-rate the TP again...due to 5% drop in profit causing a 20.8% drop in price... 
 
 
dcang84
    09-Feb-2007 17:15  
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The question is how did the results turn sour so quickly ompared to the previous quarter. With profit eroding at the rate, it is no surprise that investors want out of this counter. Mgmt. have alot of explaining to do.

With 3-G likely to be roll out only next year in China, it's doomed.
 

 
ZinY76
    09-Feb-2007 17:15  
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anyone knows any bad news?
 
 
ngch12
    09-Feb-2007 17:13  
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drop 5% profit drop 25c.lucky never drop 20% profit or else wipe out the share price.
 
 
ngch12
    09-Feb-2007 16:49  
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dbs new target and cimb target about 1.59 just recommend buy today.somebody dont like that and throw and throw until fall like shit for one day.enemy with dbs or cmib or longcheer group.where is the 1.14 sub big boys. also cannot stop the downslide.
 

 
kc.fam
    09-Feb-2007 16:40  
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What happen to this counter?
 
 
ngch12
    09-Feb-2007 16:38  
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collapse! selling like market collapse.
 
 
jackjames
    09-Feb-2007 15:23  
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but again, the results is not that terrible until it should drop so much, any FA gurus wanna tell us more stories about this counter?
 
 
jackjames
    09-Feb-2007 15:18  
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good what, we can start to collect liao...  profit warning mah.. its like that one la.
 

 
ngch12
    09-Feb-2007 15:10  
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big boys play down the stock.
 
 
dcang84
    09-Feb-2007 14:56  
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Investors buay song!Falling like a ton of bricks.
 
 
madmike888
    09-Feb-2007 13:53  
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Not two bad, why drop so much?
 
 
ihatcoy
    09-Feb-2007 10:24  
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ya. AFX reported -5% yoy.
Aniwae, all BB selling off. Dont' catch falling knife.
 
 
dfusion
    09-Feb-2007 09:19  
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seems a U turn on share price. because it did not meet target? 
 

 
ihatcoy
    09-Feb-2007 07:03  
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Published February 9, 2007

Company Briefs


Longcheer H1 earnings up 14%

LONGCHEER Holdings has reported a 14 per cent rise in earnings to 113.5 million yuan (S$22.4 million), while revenue was up 22 per cent at 1.16 billion yuan for the half-year ended Dec 31, 2006.
 
 
raylew
    08-Feb-2007 21:43  
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are we going to cheer tomorrow or jeer tomorrow, seems like a profit warning from long cheer.

but they are giving a 1.6 cents dividend on the 9th of March..

Any inputs??
 
 
hotstock
    07-Feb-2007 21:20  
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Great that my call is movin up strongly. I am still vested and my target is 1.28. That is good for my ang pao. My entry point was 1.12.
 
 
zujzuj
    07-Feb-2007 17:13  
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Just vested @ 1.22

Results play !!
 
 
aleong
    07-Feb-2007 17:02  
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Finally moved....result out tomorrow...

 
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