
Unfortunately, our friend Mr Dow is a little naughty last night. So this coming Monday, be prepared for another brutal sell-off in the market. I think the fort at 24c should not be breached so easily. Good opportunity to have a slice of the action at good entry price. Also a good opportunity to average down. Wishing us luck.
Today, the strong support is at 24c. If our friend Dow behaves tonight, then it should rebound quickly back to 25c. Short term, it should be well supported at 24c. At this level, you're actually getting the business for FREE.
Today will be the test day for this babe for the strong support at 25c. If this support is broken, then it will likely continue it's downward trend, and will be testing the 23.5c. I doubt this 23.5c level will be tested today. Will be pitting in at excellent entry point for a bumper Tiger year ang-pow. Prosperity to all.
Very strong support at 25c - hard to break unless some unpleasant news broke out. But very unlikely. Good entry price to have a piece of the Tiger year ang-pow. Huat-ah!
marubozu1688 ( Date: 20-Jan-2010 19:13) Posted:
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............. if only Mr Market believe in observing the intrinsic value pricing - this is really an undiscovered gem which is way way below if's full potential. Hope there are plans in the pipeline to boost the trading and price of this babe soon. Watch out for exponential growth this year! Have a prosperous Tiger year.
More detail.
http://mystocksinvesting.com/my-reminders/intrinsic-value/china-zaino-fundamental-intrinsic-value/
serene ( Date: 16-Jan-2010 20:28) Posted:
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Watch this $0.25 level very closely!
http://mystocksinvesting.com/singapore-stocks/china-zaino/china-zaino-testing-critical-support-to-confirm-the-up-trend/
http://mystocksinvesting.com/singapore-stocks/china-zaino/china-zaino-testing-critical-support-to-confirm-the-up-trend/
This babe has been sleeping for quite some time. Now it's time to show its shine.Watch closely
Be patient - today this babe came out from the dark cloud to show some smiles. It will do so more frequent in the days running up to the release of its' FY 2009 results. I got a feeling shareholders will be rewarded for their patience and support. Check it out !
Fabric companies are issuing profit guidance - not a good sign for that sector. However, it means that fabric sold to this babe will be at a lower cost. This would result in higher profit and margin for this babe. Watch out for the FY2009 result to be released in the coming weeks. Should see upward movement by end of the month, in time for the celebration of the Tiger year !
I confident this babe will hold up today, in the face of the weak sentiment. Hopefully I can get more lots at a good entry price. If the previous post's analysis is to be believed, then we're sitting on a gold mine. Huat-ah!
Found interesting analyze from somebody's blog :Intrinsic Value Calculation
PE Model
- Fair value PE = 15, intrinsic value= $1.23 (base on EPS $0.08185)
- PEG = 0.24 (it looks like super under value!)
- Growth Rate = 15% (capped)
- Discount Rate = 5%
- Number of Shares = 945 million
- 2008A Net Operating Cash Flow = S$55.893 million, intrinsic value = $1.01
Someone is accumulating this babe big time - trying to scare the timid traders to dispose of their holdings. There are more than 200m free float out there (excluding those held by owner, about 73%), and the daily trading vol is only 1-2% of the free float. Definitely everyone is holding tight to their shares, expecting something significant to happen (like dual listing, privatisation etc). The majority owner tried to increase liquidity recently which is a good move. I'm pretty confident this babe will have its' day soon. Stay vested and have a prosperous Tiger year.
Serene, nice to see someone interested in this counter as well. I bought 100 lots of this when it was 0.2. It's a keeper (3 - 5 years), If you're trading, look out for 0.28, might have strong resistance ahead. Cheers.
(ChinaZaino)
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serene ( Date: 14-Jan-2010 20:01) Posted:
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Quite steady today - give it some time, be patient. The release of the FY2009 result will be out soon (early-mid Feb), and a respectable dividend is to be expected. Who knows, bonus could be given out as well to reward the loyal stakeholders as the Co. is doing ok in spike of the financial crisis. Should see some actions as the days progress on. Looking at a 20% capital gain by month end. Wish all of us a prosperous Tiger year !
Don't say I did not share with you on this babe - this is the stock to watch today! Cheong-ah !
Very bullish on this under-valued babe - with Dow steady last night, she should be trying 27c level again. If she can break the 28c barrier, then I think it should go on to hit 30c, and possibly racing towards the TP of 35c (UOB KH). Huat-ah to all in the Tiger year.
Very happy today - managed to secure more shares at attractive entry price. Uptrend intact according to my chart. Would definitely pay dividends for a fat Tiger year.
Greed and fear dominates the trading pattern on the legalized casino. This counter will definitely reap huge returns in time to come for the savvy investor. Stay vested for the long term.
This babe has RMB 918 m CASH, with outstanding almost 946 m shares. What this means is that each shares is backed by almost RMB 1 or 20 Sing cents. You're getting the ongoing profitable business almost for FREE. Definitely not for the faint-heart traders. Good luck, and wishing all of us a prosperous Tiger year !