This counter was once the gems which many analysts had given very high recommendation with TP >90 cents to $1.
Ever since China started to curb the property market with the introduction and tightening of the policies, together with the PIGS issue in Europe, it continues to slide gradually over time. Initially I have this in my radar screen until recently.
Now with the bad financial result and I see no potential for this counter to rise beyond it current price in the short to medium term. I have now kept this in the cold storage.
I
neither own, short or plan to buy this counter in the near future.
I've
no intention to create any panic nor I think I can create a panic here.
I analyze this counter because there has been a lot of talk on it and I want to find out how this company is doing.
As for the director holdings, if you are to go back 2 years of so, you will find some directors are slowly reducing their shareholdings from above 60% to currently around 37%.
This could be a small issue, I just like to see directors holding or buying more shares rather than selling them.
My postings are just my personal views only. Please don't take them as a Buy or Sell signal.
yummygd ( Date: 18-May-2010 10:00) Posted:
ey...wrong posting of counter is it??Company has explain why they have a revenue decrease. n directors(I just check sgx ) none reduce their holdings lei.So i think either u shorted n is creating panic (which i doubt since i dun think u r like that) Or u r misinformed or SGX did not update the change of directors holding n u have insider news haha. If its really option three den thanks for the tip.
alexchia01 ( Date: 18-May-2010 00:19) Posted:
These are warning signs to me.
QoQ Company's Revenue Decrease 61%
Make a Loss of $2.8m
Cash Increase 300%. Where the cash come from?
Directors slowly Reducing their Stakes in the company.
haha i did shorting that one time for fun as i say i am a long time investor haha dun do trading like u all cause take up too much time n must be fast n can take e up down of market. for me i am prepare to invest n hold for at least 3 years. shorting not for me dun have the attention span to stare at screen
iPunter ( Date: 18-May-2010 10:32) Posted:
I am not a sifu... and never will be one... :)
There are so many meaty, juicy-dripping rallies along the way...
But again, I am calling on you to stop shorting...
Simply because if you have not yet mastered longing itself,
ey...wrong posting of counter is it??Company has explain why they have a revenue decrease. n directors(I just check sgx ) none reduce their holdings lei.So i think either u shorted n is creating panic (which i doubt since i dun think u r like that) Or u r misinformed or SGX did not update the change of directors holding n u have insider news haha. If its really option three den thanks for the tip.
alexchia01 ( Date: 18-May-2010 00:19) Posted:
These are warning signs to me.
QoQ Company's Revenue Decrease 61%
Make a Loss of $2.8m
Cash Increase 300%. Where the cash come from?
Directors slowly Reducing their Stakes in the company.
Business is all about earning money....making profit...making fantasy come true..............
into own pocket
yummygd ( Date: 17-May-2010 14:57) Posted:
they did report loss though due to admin cost n sponsering of an event at san ya wan if i am not wrong. if i remember correctly its like 13 mil ren min bi loss. (anyway check the report of poems if u r using them) but all in all if never sponser i think they can break even or less loss.
they did report loss though due to admin cost n sponsering of an event at san ya wan if i am not wrong. if i remember correctly its like 13 mil ren min bi loss. (anyway check the report of poems if u r using them) but all in all if never sponser i think they can break even or less loss.
freedom of speech haha. But i dun intend to put my words into action. This too shall pass.
iPunter ( Date: 16-May-2010 14:27) Posted:
Sorry,
But I should think that part about "kissing our arse good bye" is a tat 'assertive' vocabulary...
hehehe...
yummygd ( Date: 16-May-2010 13:26) Posted:
:) i say thank god! If they allow it to run n let e bubble burst i will say alot of people will be burnt. N us who invest in china property commercial or residential ...we can kissour arse good bye! So yes now its frustrating but its like bitter med is good for u. Just pop a sweet in ur mouth sometimes. But dun lose faith. Long runn its good