Post Reply
361-380 of 1529
Take profits and buy OSIM chair
buy buy buy!
OSIM International: Plans TDR listing
Summary: OSIM International (OSIM) announced yesterday evening that it plans to offer and list TDRs on the Taiwan Stock Exchange. The company highlighted the following advantages of the proposal: (i) broaden and diversify its shareholder base and provide an additional fund-raising platform, (ii) monetise its treasury shares, (iii) increase awareness of OSIM’s brand name in Taiwan and enhance competitiveness, and (iv) there will be no dilution effect on existing shareholders. We note that OSIM has carried out share-buyback activities for some time now and we believe the monetisation of its treasury shares would provide the funding needed to carry out its aggressive expansion plans. There us no dilution effect since no new shares will be issued. However, the TDR listing plan is still subject to approvals from the relevant authorities. We expect the market to react positively to this news. We keep our BUYrating intact but put our S$1.52 fair value estimate under review. (Wong Teck Ching Andy)
OCBC Investment Research
Matching... wanted 1.50 but sold at 1.53
3 cents more to my pocket :)
haha !! this MFT can predict very far !!
bsiong ( Date: 01-Dec-2010 12:17) Posted:
| Osim started at Buy by IIFL, $1.80 target |
| WRITTEN BY DOW JONES & CO, INC | | WEDNESDAY, 01 DECEMBER 2010 10:37 | India Infoline (IIFL) Securities starts Osim (O23.SG) at Buy with $1.80 target price, implying 21.3X FY11 P/E, 17.0x FY12 P/E.
Says massage-chair maker well placed to deliver 45% profit CAGR over FY09-12, driven by focus on more profitable markets and products, addition of 75 new Osim stores and 85 new Richlife outlets annually in China from FY10-12, improved margins on cost efficiencies and lower taxes. “The growing network of Osim stores spread over a larger number of cities (in China) would help the group take advantage of the rising income base across the country.”
Expects Richlife brand, which sells health and nutrition supplements, to benefit from trend of greater lifestyle awareness; “although the concept is quite prominent in the US, the idea is still catching up in emerging economies like India and China.”
Shares +0.7% at $1.45. /The Edge Singapore/
|
|
|
But actually maybe it can also be reasoned
that it is the selfish people who keep on
buying it up 'to the sky'.
If people carry on buying up and hold
so that they can make more money for themselves,
then when all the selfish buying people
one day start to sell, many 'hold forever' people
will surely be pengsan too... 
genting^2 ( Date: 30-Nov-2010 13:21) Posted:
| People buy Up, these group of selfish people Buy down to create fear in market. |
|
| Osim started at Buy by IIFL, $1.80 target |
| WRITTEN BY DOW JONES & CO, INC |
| WEDNESDAY, 01 DECEMBER 2010 10:37 |
India Infoline (IIFL) Securities starts Osim (O23.SG) at Buy with $1.80 target price, implying 21.3X FY11 P/E, 17.0x FY12 P/E.
Says massage-chair maker well placed to deliver 45% profit CAGR over FY09-12, driven by focus on more profitable markets and products, addition of 75 new Osim stores and 85 new Richlife outlets annually in China from FY10-12, improved margins on cost efficiencies and lower taxes. “The growing network of Osim stores spread over a larger number of cities (in China) would help the group take advantage of the rising income base across the country.”
Expects Richlife brand, which sells health and nutrition supplements, to benefit from trend of greater lifestyle awareness; “although the concept is quite prominent in the US, the idea is still catching up in emerging economies like India and China.”
Shares +0.7% at $1.45. /The Edge Singapore/
|
1.44 close high 1.46 low 1.41
People buy Up, these group of selfish people Buy down to create fear in market.
But a lot of bank fund managers , investment gurus, etc,
also do selling (shortiing)...
so how can you be so biased against them?
genting^2 ( Date: 30-Nov-2010 11:21) Posted:
Shortist usu die c* stand ;) |
|
Shortist usu die c* stand ;)
Probably
1.55 will be a good price to sell...
but must quickly dump if wrong...
You may not believe
this but I actually shorted about 2 weeks ago...
and covered when it briefly dropped a lot during one of the days.
Miraculously, that trade was profitable.
I am now more on the lookout for a good meaty top...
1.42 now. who is the culprit?
Hi, what is the Shorting Plan now?
iPunter ( Date: 16-Nov-2010 22:13) Posted:
If this one hits 1.27/1.28 ,
it would be a good short candidate...
|
|
Hahaha...
I enter and exit many counters...
So, no point to enumerate...
But I may jump into OSIM anytime...
genting^2 ( Date: 30-Nov-2010 10:48) Posted:
talk for so long you tell me you are not having this counter
which counters are you with right now ?
|
|
talk for so long you tell me you are not having this counter
which counters are you with right now ?
I am not in this one...
genting^2 ( Date: 30-Nov-2010 10:36) Posted:
|
No good. waiting for it to shoot to 1.50
how abt u?
iPunter ( Date: 30-Nov-2010 10:32) Posted:
| That's very good... |
|
|
|
No good. waiting for it to shoot to 1.50
how abt u?
iPunter ( Date: 30-Nov-2010 10:32) Posted:
That's very good...
genting^2 ( Date: 30-Nov-2010 09:43) Posted:
bought 1.30 sell 1.35
bought 1.44 sell 1.45 due to n korea panic
bought 1.445 & watching right now. |
|
|
|
That's very good...
genting^2 ( Date: 30-Nov-2010 09:43) Posted:
bought 1.30 sell 1.35
bought 1.44 sell 1.45 due to n korea panic
bought 1.445 & watching right now. |
|
