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Sapphire    Last:0.036    -0.001

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think2profit
    14-Jan-2013 14:04  
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Shd go back above 13.5cts by end today, ready for next move toward 17.5cts.

think2profit      ( Date: 14-Jan-2013 10:38) Posted:



TA is strong and once it cross 13.5cts, next tgt shall be 17.5cts, to be sustained by price increase in steel moving forward since China is embarking on building 30million houses...

 
 
think2profit
    14-Jan-2013 10:38  
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TA is strong and once it cross 13.5cts, next tgt shall be 17.5cts, to be sustained by price increase in steel moving forward since China is embarking on building 30million houses...
 
 
jack31
    14-Jan-2013 09:03  
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Vrooommm....
 

 
jack31
    13-Jan-2013 11:42  
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Does not need too high volume to move up since total share is only about 800million if im not wrong..

peripheral      ( Date: 13-Jan-2013 10:54) Posted:

But the volume also not very high leh, considering it's a penny.

jack31      ( Date: 13-Jan-2013 00:26) Posted:

Good point.. Hope fund will be diverted here.. This counter lag behind too much during this period of penny surge.


 
 
peripheral
    13-Jan-2013 10:54  
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But the volume also not very high leh, considering it's a penny.

jack31      ( Date: 13-Jan-2013 00:26) Posted:

Good point.. Hope fund will be diverted here.. This counter lag behind too much during this period of penny surge..

iwonder      ( Date: 12-Jan-2013 13:34) Posted:



If everyone thinks that it will go up...there is only one way...UP !

It is a self fulfilling prophecy !  If you pray, then it will rocket to the sky !!

Additional property cooling measures is good for stock market, except for property counters.

Most of  the money will be diverted from property investment to stock market looking for laggards

with potential and international exposure.

Well,  Sapphire seems to be the potential candidate Smiley 21  Smiley 23


 
 
jamesng
    13-Jan-2013 10:00  
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From below, Longwei Metal is loss making, can sapphire make it after acquire it? Why can Sapphire do so?

The 2 acquisitions can go either way. Seem not so rosy for Sapphire......



LONGWEI METAL

Acquisition of Longwei Metal Product Co. for RMB152 million at its revalued net asset value.

Sapphire said with vendor support, the interest cost is only 3% (about half of the China banks' rates).

The acquisition will enable Sapphire to immediately offer up to 200,000 tonnes a year of cold rolled coil steel production.

The business is located in Chengdu, a distribution hub and gateway for major industries in the southwest region.

The business was loss-making last year but Sapphire aims to restructure it and, ultimately, to upgrade Longwei's auxillary assets to produce silicon steel.
 

 
jamesng
    13-Jan-2013 09:41  
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Am trying to know more.....

Quote from iwonder:

Sapphire which is an integrated steel production business, right from iron ore to steel with vanadium

 

Can I know what ion ore business Sapphire has?

Reading this thread, seems all just say sapphire will move up without any reasons.....I am interested in sapphire but I don't see any catalyst at this moment......

I believe sapphire buy china vtm at a very high price.....what happen now when china vtm is going to delist at a offer price of HK$1.93

Can anyone please enlgihten?


iwonder      ( Date: 09-Jan-2013 12:28) Posted:



HG Metal has already start moving.

Sapphire which is an integrated steel  production business,  right from iron ore to steel with vanadium

should be moving soon.  Recent 100% aquisition of Longwei Metal product and production line augurs well for this company.

think2profit      ( Date: 07-Jan-2013 20:42) Posted:



Largest steel maker in China, Baosteel has increased  the steel price. Others are expected to follow the dragon head. Should see funds get back to here.


 
 
jack31
    13-Jan-2013 00:28  
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I would be more than happy if it can hit 20c. :)

Hulumas      ( Date: 11-Jan-2013 19:56) Posted:

There you are, there you are, I said short term uptrend to Sgd. 0.38 will not be excessive, will it?

jack31      ( Date: 11-Jan-2013 18:23) Posted:

Hopefully monday will cheong.. Last 30min from 0.123 buy up till 0.136.. Pray for the best.


 
 
jack31
    13-Jan-2013 00:26  
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Good point.. Hope fund will be diverted here.. This counter lag behind too much during this period of penny surge..

iwonder      ( Date: 12-Jan-2013 13:34) Posted:



If everyone thinks that it will go up...there is only one way...UP !

It is a self fulfilling prophecy !  If you pray, then it will rocket to the sky !!

Additional property cooling measures is good for stock market, except for property counters.

Most of  the money will be diverted from property investment to stock market looking for laggards

with potential and international exposure.

Well,  Sapphire seems to be the potential candidate Smiley 21  Smiley 23

jack31      ( Date: 11-Jan-2013 22:28) Posted:

Shd go up this monday..
Vested at 0.128.
Pray pray.. Ah mi to fo.


 
 
Hulumas
    12-Jan-2013 13:39  
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Yes, it goes without saying!

peripheral      ( Date: 11-Jan-2013 22:10) Posted:

Sapphire is up today during last hour. More potential for upside on monday?

 

 
iwonder
    12-Jan-2013 13:34  
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If everyone thinks that it will go up...there is only one way...UP !

It is a self fulfilling prophecy !  If you pray, then it will rocket to the sky !!

Additional property cooling measures is good for stock market, except for property counters.

Most of  the money will be diverted from property investment to stock market looking for laggards

with potential and international exposure.

Well,  Sapphire seems to be the potential candidate Smiley 21  Smiley 23

jack31      ( Date: 11-Jan-2013 22:28) Posted:

Shd go up this monday..
Vested at 0.128.
Pray pray.. Ah mi to fo..

peripheral      ( Date: 11-Jan-2013 22:10) Posted:

Sapphire is up today during last hour. More potential for upside on monday?


 
 
jack31
    11-Jan-2013 22:28  
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Shd go up this monday..
Vested at 0.128.
Pray pray.. Ah mi to fo..

peripheral      ( Date: 11-Jan-2013 22:10) Posted:

Sapphire is up today during last hour. More potential for upside on monday?

 
 
peripheral
    11-Jan-2013 22:10  
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Sapphire is up today during last hour. More potential for upside on monday?
 
 
Isolator
    11-Jan-2013 21:13  
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Everyone enjoying.... I hope... lol
 
 
Hulumas
    11-Jan-2013 19:56  
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There you are, there you are, I said short term uptrend to Sgd. 0.38 will not be excessive, will it?

jack31      ( Date: 11-Jan-2013 18:23) Posted:

Hopefully monday will cheong.. Last 30min from 0.123 buy up till 0.136.. Pray for the best.

 

 
jack31
    11-Jan-2013 18:23  
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Hopefully monday will cheong.. Last 30min from 0.123 buy up till 0.136.. Pray for the best.
 
 
iwonder
    11-Jan-2013 18:12  
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What happen...last 30 min surge ? Any news?

jack31      ( Date: 11-Jan-2013 16:55) Posted:

Last 30min sudden surge..

 
 
jack31
    11-Jan-2013 16:55  
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Last 30min sudden surge..
 
 
iwonder
    09-Jan-2013 21:44  
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Really ?

Hope that day will come sooner ! Cheers !

Hulumas      ( Date: 09-Jan-2013 15:09) Posted:

To me at least reaching > Sgd. 1.18 then let go!

medivh      ( Date: 08-Jan-2013 21:56) Posted:



60c mid to long time - may not be in your life time ley. Ishiokbrator.. so don't BS pls..hehee

 


 
 
Isolator
    09-Jan-2013 15:33  
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I agreed it can happen.....
 
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