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It consolidates at 12.5 cents rather than at 14 cents. I guess it now needs a good profit to push further up.
SSE to cross 2600, all the S-chips should wake up now, including this one.
wow slowly up up since last week... something must be brewing...
With so much money in the bank, they still issue rights and do private placement. This makes me think that they want to increase equity and market capital probably for a dual listing?
Hope there pay some good dividends to prove their money in bank is real, see the lag between Hongx and Eratat... sign....
After declaring no dividend in Feb, it started to drop from above 20c to 16c then 14c and then 10c. Since the market has recovered, it should return back to 14c and try to consolidate there before the next move.
It's still making reasonable profit, and plenty of cash in the bank (according to the financial report). But profit margin drops a lot.
alanalanlee ( Date: 23-Jul-2010 22:22) Posted:
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any idea why the big move today?
NO DIVIDEND ? ? ? ?
NO RECOVERY ? ? ? ?
NO CONFIDENCE ? ? ? ?
Good move today
Anyone knows why they didn't recommend dividend this year which usually pays in May?
hum... guess the 2nd qtr result is good due to world cup?? Anyones knows??
Heavy volume pushing it up. Let's see whether it can hit to its NAV (20 cents).
y lor..sia...i dun know how long can hold...from the chart seems its going to explode any time...but considering global economic, dunno until when...
alanalanlee ( Date: 12-Jul-2010 22:41) Posted:
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even the world cup has ended.look like this counter is going to be a very long term investment.
ya,mayb a bit exaggerated but this counter does not seem to be a fave especially the world cup is on now.
let's see if the sales can help to give a push.
Hulumas ( Date: 25-Jun-2010 10:44) Posted:
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hopefully WC can help to increase the sales since they are the sole distributor for it!! We shall see some good result in 2 half result i hope!!
I think their current px quite cheap now, its just only affected by global downturn.
freeme ( Date: 01-Jul-2010 13:33) Posted:
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no doubt the share px is cheap, but their biz is not the downtrend.. unless they can turn it ard, if not currently i dun see them move higher.
rickyw ( Date: 01-Jul-2010 13:28) Posted:
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Dear Sifus, Buy/Sell this counter? My feeling this counter is good counter...buy sigh during global down turn this counter cannot tahan and keep dropping. Anyone advice?
I should say exaggerated suspicion! Ha. ha.. ha...
alanalanlee ( Date: 26-May-2010 22:31) Posted:
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Buy in 100 lots early this morning.
Long term investment.