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Wrong answer ??
What did you hear ?
ah_seng1001 ( Date: 21-Nov-2010 23:58) Posted:
| ?? sorry dun get u, what ya mean by buffer?? |
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?? sorry dun get u, what ya mean by buffer??
Got buffer meh....
ah_seng1001 ( Date: 20-Nov-2010 02:22) Posted:
Just learn something interesting from this china guy Hu LiYang
高手不怕跌
this is 话中带话 |
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Read today's Sunday Times "Invest pg29":
To make money, fight 'fleeing instinct'... "The urge to cut loss when stocks fall wiorks against 'buy low, sell high' tactic".... 
yes but will u still want to buy down at a lower price knowing there's a likelihood it can trend further downwards? For me i will average down lol.
everyday someone will come out and tell us this bugger is gonna go down further.....
I think is going to drop further looking at the technica point of view..
May be can enter around 77 cents.
SoundGlobal
If ppl r selling now, who r those that r BUYING ????? Dont follow blindly.
this above statement ah, apply to all stocks that drop leh. there will always be buyers one ah as long as someone is willing to sell. so does that mean all stocks that being sold down heavily are good meh?
anyway i got 4 analysts reports that suggest a hold or sell for this stock. dont just listen to one DMG lah. anyway u need to do your own homework to see if it is really worth buying. i will buy when it drop more but at current price, not much catalyst that i can foresee yet.
ah_seng1001 ( Date: 19-Nov-2010 19:08) Posted:
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That's right a trader never fears.. Dont even shed a single drop of tears bro! A good trader must be iron-willed, have balls of STEEL and not affected by emotions.. Today is a good opportn to average down.
The selling down today is likely caused by those who accumulated in the past few weeks and couldnt tahan anymore since the share price have been rather stagnant. They lose hope cos there is no quick bucks to be made. So they start throwing run ship liao. A little selling causes some uneasiness at first and triggers more selling resulting in mass panick. When that happens, more ppl wanna cut loses.
Think about this: If ppl r selling now, who r those that r BUYING ????? Dont follow blindly.
Have no fear, i'm hope it breaks below 0.80. keke..
stocksburntme ( Date: 19-Nov-2010 16:53) Posted:
today is a test for my balls. i bought at 0.83 to average down....and then all hell broke loose within minutes...My balls shrunk.....and i cried. WHY DROP SO MUCH?
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Just learn something interesting from this china guy Hu LiYang
高手不怕跌
this is 话中带话
Must have sufficient ammo on hand to average down too, but in the meantime must keep that ammo on hand for other opportunities if u spot any
Low always can go lower.... but may not necessary go lower, may rebound
High always can go higher... but may not necessary go higher, may drop.
In a nutshell, can never always catch the top or bottom, as long as have faith in the FA, juz buy when there is fear and hold n patiently wait for the rebound.
A trader has no fear.
des_khor ( Date: 19-Nov-2010 22:57) Posted:
Low always can go lower.... high always can go higher.... if you keep average down and the share price not recover and in the end you will have abalone mee pok to eat.... cut lost is the right decision....
ah_seng1001 ( Date: 19-Nov-2010 20:57) Posted:
| Why do u say so? Care to share your views? |
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Low always can go lower.... high always can go higher.... if you keep average down and the share price not recover and in the end you will have abalone mee pok to eat.... cut lost is the right decision....
ah_seng1001 ( Date: 19-Nov-2010 20:57) Posted:
Why do u say so? Care to share your views??
des_khor ( Date: 19-Nov-2010 20:39) Posted:
Average down is great mistake for all traders.... IPunter should be agree on this... |
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have a nice weekend and dont think too much about this bugger. No point saying who is right or wrong now.
Why do u say so? Care to share your views??
des_khor ( Date: 19-Nov-2010 20:39) Posted:
Average down is great mistake for all traders.... IPunter should be agree on this... |
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Average down is great mistake for all traders.... IPunter should be agree on this...
The momemtum of SoundGlobal is very weak now , it has broken its strongest support at 200MA today .It may go down to fill the gap at 77.5 cents before the technical rebounce .
hopefully next week can be better
That's right a trader never fears.. Dont even shed a single drop of tears bro! A good trader must be iron-willed, have balls of STEEL and not affected by emotions.. Today is a good opportn to average down.
The selling down today is likely caused by those who accumulated in the past few weeks and couldnt tahan anymore since the share price have been rather stagnant. They lose hope cos there is no quick bucks to be made. So they start throwing run ship liao. A little selling causes some uneasiness at first and triggers more selling resulting in mass panick. When that happens, more ppl wanna cut loses.
Think about this: If ppl r selling now, who r those that r BUYING ????? Dont follow blindly.
Have no fear, i'm hope it breaks below 0.80. keke..
stocksburntme ( Date: 19-Nov-2010 16:53) Posted:
today is a test for my balls. i bought at 0.83 to average down....and then all hell broke loose within minutes...My balls shrunk.....and i cried. WHY DROP SO MUCH?
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In the stock market, the value of a company is not decided by what minority say, it's how majority see how much is the company worth.
kiasiDBT ( Date: 19-Nov-2010 16:35) Posted:
The sell down is senseless kan cheong spider, read DMG:
From DMG:
Sound Global: Strong growth ahead (BUY, S$0.84, TP S$1.05)
Selena Leong (6232 3898, selena.leong@dmgaps.com.sg)
Terence Wong, CFA (6232 3896, terence.wong@dmgaps.com.sg)
Sound Global’s (SG) 3Q10 earnings slumped 51.5% YoY, which was in line with our estimates.
This was attributable to higher effective tax rates, IPO expenses and FX losses. While we remain confident of order books’ sustainability, we trimmed earnings downwards (-7.3% in FY10 and -
4.6% in FY11) to factor in the higher effective tax rates and expenses.
Maintain BUY as its cash will be invested into BOT projects, providing recurring steams of revenue. Our revised TP is
S$1.05, based on 14x FY11 earnings – at least a 40% discount to its China peers.
3Q10 earnings within expectations. SG’s earnings came in at RMB60.6m for the quarter, down 51.5% YoY, despite a 8.8% YoY growth in revenue. This was attributable to higher effective tax
rates, IPO expenses, employee stock options expenses and FX losses. 3Q10 revenue hit RMB570.4m, boosted by maiden contribution from the Saudi Arabia project, as well as higher
contributions from the Manufacturing (higher sales from customised equipment), Turnkey Services and Operation and Maintenance segments.
Strong balance sheet.
SG is in a net cash position of RMB0.61 per share (~14% of share price). It has recently raised RMB885m from the placement of 6% USD convertible bond due 2015 and secured a loan of US$34m from International Finance Corporation (IFC). An MOU was signed for
an additional US$36m of credit from IFC and SG has also secured a US$600m credit line from China Merchant Bank. This puts to rest fears that SG may not be able to obtain sufficient funding
for its wastewater treatment EPC projects’ working capital needs or its investments into the more capital intensive BOT projects, amidst the credit tightening situation in China.
Earnings revised downwards, new TP of S$1.05. While we expect projects flow to remain strong (evidenced by the recent contract win of a 60,000 tons/day BOT project in Hongze County, in
Jiangsu province), we have adjusted our FY10 and FY11 earnings downwards by 7.3% and 4.6%
respectively, to factor in a higher effective tax rate and higher expenses. Applying a P/E of 14x to
FY11 earnings, we derive a new TP of S$1.05 (previously S$0.93). |
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