China Sports   

China Sport

Sure.......than i go in liao loh... 

 

newtothis      ( Date: 01-Jul-2009 13:22) Posted: Gonna Touch 0.16 TODAY.

 

 

 

 

Gonna Touch 0.16 TODAY.

 

For reference only. Not an inducement to trade.

 

BBs are going to rally this stock :) Watch carefully.

 

China Recovering  = HUAT ah

newtothis      ( Date: 01-Jul-2009 11:46) Posted: The Purchasing Managers' Index (PMI) of China's manufacturing sector stood at 53.2 percent in June, the China Federation of Logistics and Purchasing said Wednesday. The figure was up 0.1 percentage points from May. The May index fell 0.4 percentage points from a month ago. A reading of above 50 suggests expansion, while one below 50 indicates contraction. Related readings: China's PMI of manufacturing sector slightly down in May PMI of manufacturing sector stood at 53.1% in May PMI of manufacturing sector rises for 5th straight month What is behind different PMI statistics? The PMI includes a package of indices that measure economic performance. The survey, conducted by the National Bureau of Statistics, covers purchasing and supply managers at more than 700 firms across China. The output index was 57.1 percent, up 0.2 percentage points from a month ago. The new order index fell to 55.5 percent from 56.2 percent in May and 56.6 percent in April. The purchasing price index climbed 4.7 percentage points to 57.8 percent, the seventh monthly increase since December. "That the PMI index has remained above 50 indicates the country's economy is continuing to improve," said Zhang Liqun, a researcher with the Development Research Center of the State Council. China's gross domestic product growth was 9 percent in the third quarter last year, then slumped to 6.8 percent in the fourth quarter and to 6.1 percent in the first quarter in 2009. Premier Wen Jiabao said on June 17 that China's economy was at a critical moment as it had begun to recover "steadily". A week later, the National Bureau of Statistics said the slowdown in the world's third largest economy had bottomed out and it was expected to grow about 8 percent in the second quarter.   http://www.chinadaily.com.cn/bizchina/2009-07/01/content_8342087.htm

 

The Purchasing Managers' Index (PMI) of China's manufacturing sector stood at 53.2 percent in June, the China Federation of Logistics and Purchasing said Wednesday. The figure was up 0.1 percentage points from May. The May index fell 0.4 percentage points from a month ago. A reading of above 50 suggests expansion, while one below 50 indicates contraction. Related readings: China's PMI of manufacturing sector slightly down in May PMI of manufacturing sector stood at 53.1% in May PMI of manufacturing sector rises for 5th straight month What is behind different PMI statistics? The PMI includes a package of indices that measure economic performance. The survey, conducted by the National Bureau of Statistics, covers purchasing and supply managers at more than 700 firms across China. The output index was 57.1 percent, up 0.2 percentage points from a month ago. The new order index fell to 55.5 percent from 56.2 percent in May and 56.6 percent in April. The purchasing price index climbed 4.7 percentage points to 57.8 percent, the seventh monthly increase since December. "That the PMI index has remained above 50 indicates the country's economy is continuing to improve," said Zhang Liqun, a researcher with the Development Research Center of the State Council. China's gross domestic product growth was 9 percent in the third quarter last year, then slumped to 6.8 percent in the fourth quarter and to 6.1 percent in the first quarter in 2009. Premier Wen Jiabao said on June 17 that China's economy was at a critical moment as it had begun to recover "steadily". A week later, the National Bureau of Statistics said the slowdown in the world's third largest economy had bottomed out and it was expected to grow about 8 percent in the second quarter.

 

http://www.chinadaily.com.cn/bizchina/2009-07/01/content_8342087.htm

 

Target  price for this burger to reach 0.18-0.19

 

I think China Sport > China Hongx :)

China Sport Huat ah

 

   is it another fox that cnt hide the tail?1 for 4 at 1 cents right issue to raise 16mil.wat is it mean to those investor.?same story again for future expandsion?  intent to sell the balance all of this stock..kelong again..i m not going to give them ang pao money by buying right..out of my list ..chinasport...OH ..NO..NOW THEN I REALISE IS NOT THE SPORT..IS PORK..HOKIAN MEAN LOSE..too late ready....

 

i believe fundamentally China Sports is a lot better than China Hongxing (if the Financial statement hold its credibility)..
But again.. China Hongxing's brand (Erke) is more well known.
Its definitely costly to market your brand..
Your own call...

 

Just for info. Hongxing 1st qtr Turnover 09' 567.7mil and profit b4 tax 62.4mil. As for Sports 1st Turnover 09' 530.3mil and profit b4 tax is 66.7mil. Sports result is better qoq and yoy compare to hongxing.

 

sudden increase in volume for this counter, is there any news??

 

It's been consolidating for a while now and volume is slowly decreasing. A peneant is formed too, so its taking a pause and waiting for something to spark its movement again.

Um any news about it guys ?

 

Both Sport and HongX are now in the upwards momentum.

Dow has break the strong resistance of 85xx pts. It will be heading all the way up to may be 10000 pts.

Investors here will need some time to digest. Just to to be patient. Both Sport and HongX will make it..

Just my view ...

alanghc2020      ( Date: 01-Jun-2009 00:01) Posted: any idea about this counter will cheong to 0.29? kishleo      ( Date: 20-May-2009 01:57) Posted: DBS target price for this counter is 0.29

 

any idea about this counter will cheong to 0.29?

kishleo      ( Date: 20-May-2009 01:57) Posted: DBS target price for this counter is 0.29

 

Walao, today market so good, this counter still sleeping, xian !!

kishleo      ( Date: 20-May-2009 01:57) Posted: DBS target price for this counter is 0.29

 

Hoho, finally let me get a foot hold in this counter. Sweettttt!

 

has been rather lethargic recently...

 

chinasport annual report 2008 page 89,top 20 largest shareholders UOB KAY HIAN holding 390,993,000 share....58.04%..wat is this ? is it kayhian realy holding 58.04 % of sport???