ShareJunction - Member Posts

x 0

ok noted..... Smiley

Bintang ( Date: 04-Jul-2009 16:47) Posted:

Frankly , the chart is not so good now because it almost broke out of the up trend channel recently , have to wait a few more days to confirmed that , furthermore , there is a gap at 51.5 cents not filled yet .

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Hi Bintang........is Mermaid TA trend......favourable now?

dealer0168 ( Date: 03-Jul-2009 14:54) Posted:

Hi Bintang, the support is at 0.57....seems to be.

Is the TA for this baby favourable at this moment? Smiley

Bintang ( Date: 29-Jun-2009 20:03) Posted:

Yes , no rush , even though tomorrow could go down to 51.5 cents , still must think twice before buying . Tomorrow will be the last candle stick of the month , any closing price nearer to 51.5 cents still will form the monthly evening star , this will express the weaker trend ahead

x 0

China property price is going up high again , emm being speculate up......

Anyway now Yanlord too expensive too risk going in... Smiley

Read below news.

New bubbles rising in China property market
Posted: 04 July 2009 0131 hrs

Photos 1 of 1

A view of new office and residential buildings in the so-called central business district of Beijing

BEIJING : China's recent moves to ease curbs on the real estate sector have sent prices soaring recently, stoking fears that new property bubbles are forming, state media reported Friday.

Residential property prices in Beijing's Central Business District rose 6.5 percent in the past week and demand for second-hand houses in some other areas is four times the supply, said the China Daily, citing brokerage Homelink.

It said a land parcel in Beijing, which was withdrawn from a public tender due to a lack of bidders only 15 months ago, was auctioned off Monday for a record 585 million dollars.

"The bidders have gone irrational. A bubble in Beijing's property market is definitely there," Pan Shiyi, one of the bidders that day and chairman of leading developer SOHO China, said after the auction, according to the report.

In Shanghai, developers of the luxury Tomson Rivers apartments, priced at over 14,600 dollars per square metre (about 1,360 dollars per square feet), sold at least 10 units in June, the report said.

That compared with sales of only four units since the project was marketed four years ago, it added.

In the southern city of Guangzhou, the downtown housing price reached 1,600 dollars per square metre in May, close to the record high of 1,700 dollars in October 2007, the report said.

"One thing we are concerned about is whether there is a new bubble being shaped," the report quoted Gu Yunchang, secretary general of the China Real Estate Association as saying. "The possibility of a bubble is pretty big."

China's house prices have been rising fast in recent years with the country's economic boom.

The trend accelerated in 2006 and 2007, partly spurred by a growing stock market that prompted investors to place their windfalls in property.

As a result, the average home price in Beijing was 23 times a local family's average income in 2007, compared with levels of four to six times average incomes internationally, state media reported.

Fears the property market would suddenly collapse, Beijing launched a number of measures from September 2007 to curb speculation, including raising downpayments on second homes and banning loans to developers for land purchases.

The policies affected the industry severely, causing sales to slump and house prices to drop in dozens of major cities.

However, the financial crisis has forced authorities to relax the curbs, with local governments relying on preferential policies to boost demand.

Stamp tax on property purchases and value-added tax of land on property sales was lifted from November 2008 and minimum deposits for first-time home buyers was also slashed.

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Ooo by the way, i mean must have backup plan if the worst occurred.

But i do have confident the STI will recover but a very slow one. Smiley

Hope i am not wrong. As i do not want to see recession to continue, as in

actual its a bad things. It results in lots of unemployment......n i believe alot of people suffer from this recession.

I wish the economy recover well Smiley . N everyboby happy. No one like recession.

dealer0168 ( Date: 04-Jul-2009 10:48) Posted:

Ya...u right must prepare fr the worst. Smiley

cheongwee ( Date: 04-Jul-2009 02:32) Posted:

yes,,,agree...hope for the best, and be prepare for the worse...how are we going to prepare for the worse is the real matter..

the next leg down, if there is any big market selldown , tua lau sai....just close your eye and buy all property counter...3 to 4 days later at cheap cheap px...then the next leg up...let it run still it is some close to 100% then sell, twist to mid cap and penny...then sell as you profit...

always the same phenomenon..

x 0

Ya...u right must prepare fr the worst. Smiley

cheongwee ( Date: 04-Jul-2009 02:32) Posted:

yes,,,agree...hope for the best, and be prepare for the worse...how are we going to prepare for the worse is the real matter..

the next leg down, if there is any big market selldown , tua lau sai....just close your eye and buy all property counter...3 to 4 days later at cheap cheap px...then the next leg up...let it run still it is some close to 100% then sell, twist to mid cap and penny...then sell as you profit...

always the same phenomenon..

dealer0168 ( Date: 03-Jul-2009 22:39) Posted:

Come on.... let see some happy news. Be happy, be positive.

Hope for the best.

Analysts see recovery starting in H2

Some expect next bull market to begin this half as US housing bottoms out

By JOYCE HOOI

Financial soothsayers were unanimous in their opinion yesterday that an economic recovery is imminent, despite a correction expected in the second half of the year.

Some even go as far as to say that the start of the next bull market might happen in this half of the year.

'I think the recession is over. What we are waiting for is a bottom in US housing prices. That will be the start of the next bull market, and that will happen in the second half of this year,' said Arjuna Mahendran, managing director and head of investment strategy at HSBC Private Bank.

According to him, with US housing prices ceasing to decline further, savings rates will peak and consumer demand will return to fuel the moribund economy.

Other experts are also keeping an eye on the US housing market.

'US housing values need to stop declining for the recovery to be convincing,' Phillip Capital Management told OCBC Bank's Wealth Management unit as part of a poll of 16 fund managers conducted by OCBC.

While other market insiders agreed that the worst is over, they were not as upbeat about the outlook for the rest of the year.

Allianz Global Investors, one of the 16 polled, said 'economic activities will remain sluggish, leading to corporate profits and margins being lacklustre and labour markets remaining difficult'.

'With such constrained expansion, corporate earnings growth is likely to remain weak, at least for the remainder of 2009,' OCBC's poll analysis stated.

Even as the ride to recovery remains bumpy, investors can do more than just hang on when the second leg of the expected double-dip happens.

'Buy on dips. This will be the last opportunity for many years to buy them cheap,' said HSBC's Mr Mahendran. He reckons that the equity markets will drop 15-20 per cent in a short-term correction within the next three months.

On the local front, he recommended that investors look at bank stocks, which he felt were reasonably priced.

The cue for a market rally lies in the export figures, given the export-driven nature of the local economy.

'Exports will lead the recovery, which will cause incomes to increase and then assets will revive in value,' said Mr Mahendran.

Fixed-income instruments also found favour as bargain-hunting picks with other experts.

'Credit markets have performed well in recent weeks but they still appear cheap, and in our view offer higher compensation for the risk than equities,' Prudential Asset Management (Singapore) Ltd said in the OCBC poll which was released yesterday.

HANG on tight, brace for a bumpy ride - but, most importantly, hang on.

x 0

Agreed, my long counter are also blue chip. They are safer to hold.

x 0

Come on.... let see some happy news. Be happy, be positive.

Hope for the best.

Analysts see recovery starting in H2

Some expect next bull market to begin this half as US housing bottoms out

By JOYCE HOOI

Financial soothsayers were unanimous in their opinion yesterday that an economic recovery is imminent, despite a correction expected in the second half of the year.

Some even go as far as to say that the start of the next bull market might happen in this half of the year.

'I think the recession is over. What we are waiting for is a bottom in US housing prices. That will be the start of the next bull market, and that will happen in the second half of this year,' said Arjuna Mahendran, managing director and head of investment strategy at HSBC Private Bank.

According to him, with US housing prices ceasing to decline further, savings rates will peak and consumer demand will return to fuel the moribund economy.

Other experts are also keeping an eye on the US housing market.

'US housing values need to stop declining for the recovery to be convincing,' Phillip Capital Management told OCBC Bank's Wealth Management unit as part of a poll of 16 fund managers conducted by OCBC.

While other market insiders agreed that the worst is over, they were not as upbeat about the outlook for the rest of the year.

Allianz Global Investors, one of the 16 polled, said 'economic activities will remain sluggish, leading to corporate profits and margins being lacklustre and labour markets remaining difficult'.

'With such constrained expansion, corporate earnings growth is likely to remain weak, at least for the remainder of 2009,' OCBC's poll analysis stated.

Even as the ride to recovery remains bumpy, investors can do more than just hang on when the second leg of the expected double-dip happens.

'Buy on dips. This will be the last opportunity for many years to buy them cheap,' said HSBC's Mr Mahendran. He reckons that the equity markets will drop 15-20 per cent in a short-term correction within the next three months.

On the local front, he recommended that investors look at bank stocks, which he felt were reasonably priced.

The cue for a market rally lies in the export figures, given the export-driven nature of the local economy.

'Exports will lead the recovery, which will cause incomes to increase and then assets will revive in value,' said Mr Mahendran.

Fixed-income instruments also found favour as bargain-hunting picks with other experts.

'Credit markets have performed well in recent weeks but they still appear cheap, and in our view offer higher compensation for the risk than equities,' Prudential Asset Management (Singapore) Ltd said in the OCBC poll which was released yesterday.

HANG on tight, brace for a bumpy ride - but, most importantly, hang on.

x 0

Btw let hope the great depression u mentioned don't come........ Smiley

cheongwee ( Date: 03-Jul-2009 21:42) Posted:

i am not flatter you, but properties are alway the first to cheong in a bull , so to put your $ here is wise..

that was what i bought in March..kepland , capitaland , CityDev...and other blues...then ard April sold and put the $ on mid cap and penny...till now.,,but i have reduce by some 40%...

as i feel it is more riskier now...so just 3 counter...easy to run road it dow collapse...hope not..

dealer0168 ( Date: 03-Jul-2009 21:30) Posted:

Agreed with u Cheongwee. Actually is more of correction.

And i'm positive on STI growth to continue as well. But will not be a smooth ride to recovery.

Anyway my long term counter is property. I shall not state out why they are my preferred choice than other sector like commodities......

Everyone have their reason for their own choice. Smiley

However, i do trade Straitasia, but short term play..................

But may change to abit long if got more good news from Straitasia. Smiley

x 0

Agreed.

They are in actual more of speculator n biggest gainer from Stock market.

(my opinion)

x 0

Agreed with u Cheongwee. Actually is more of correction.

And i'm positive on STI growth to continue as well. But will not be a smooth ride to recovery.

Anyway my long term counter is property. I shall not state out why they are my preferred choice than other sector like commodities......

Everyone have their reason for their own choice. Smiley

However, i do trade Straitasia, but short term play..................

But may change to abit long if got more good news from Straitasia. Smiley

cheongwee ( Date: 03-Jul-2009 21:05) Posted:

dealer0168...i am not finding excuse...if market is really lau sai...every good counter will get whack down, even big cap solid blue also not spare...so do have a stop loss...

and if there are no calamity or serious bad news still sti 2600 to 2800...i believe we will make good money in this counter...thus i have make every effort and shift my $ fr other counter to this one..i have full confident in this...

u say ppl want to sell at 1.75....i said it is part of the play...dont get thrust out by BB...they want your trade at 1.75......i would say it is a trap...

x 0

naka88, sorry what is Fei lun hai???? Smiley

naka88 ( Date: 03-Jul-2009 21:01) Posted:

Lol. Did not expect to see Fei lun hai here.

newtothis ( Date: 03-Jul-2009 16:55) Posted:

Why China Sport is way better than Hongx.

Total Shares for China Sport: 673,700,000

Current Price: $0.150

profit for Q1: RMB $49,644,000

Dividend = Yes

Ads Campaign = 飛輪海 - so bloody popular.

Export Market = Yes (europe, south america.. etc)

OEM = Fila, Puma
------------------------------------------------------------------------------------

Total Shares for China Hongx: 2,751,960,000

profit for Q1: RMB $56,036,000

Current Price:0.170

Dividend = No

Ads Campaign = North Korea Team - condemn by international.

OEM = No

Export = limited to asia.

------------------------------------------------------------------------------------

You look at china hongx 0.17 and the amount of shares it has. China sports price is 0.025 in real if compare together. Both of them have the around same profit and sports give out dividend. So which is better ?

China Sports fair value should be $0.22 and if its quarter 2 releases it should rack up to $0.30. Results hint - Sales & revenue increases over XX%.

China Hongx is still fine for now. But in long term unless its director gonna wake up its stupid idea. = DEAD HONGX

There are alot of reasons you cant explain from TA, thats why i say TA is a guide. You will see the trend building up because we are racking it up. Why we want to rack China Sport up, and there are more reason to it than the above which is "secret". This is maybe your final ang bao from me. I will not give out free tips anymore.

x 0

Emm I guess should be early/ mid august for StriatAsia to announce its result.........

Hope straitAsia ride well, and u huat & Straitasia investor also huat. Cheer.

cheongwee ( Date: 03-Jul-2009 20:55) Posted:

dealer0168....to know when is the next reporting we can call the coy to find out, no problem, but this one shd do well,,,,coal have increase 25% fr march this year....and on top of this...it pay good dividend...

latest edge magazine report the MD and CEO Richard Ong bought 500 lots at 1.81....that is confident and he know better..

today it is across the board...nothing wrong with this counter...in fact, i did buy on dip...

dealer0168 ( Date: 03-Jul-2009 20:42) Posted:

Actually if want to long StraitAsia, the preferable price is to tap at below $1.70 (still sticking to my previous post target entry pricing). More buffer to react if things goes bad.

This counter too many people play short term. Seems like people are starting to sell at around $1.75 onwards ...

If got more good news from StraitAsia, maybe those short term player may hold on to it longer.

Btw not sure when the next qtr results update for StraitAsia? That maybe the triggering point.........for up or down

x 0

Agreed with u..... Smiley

Some maybe duo bao sian.

lawcheemeng ( Date: 03-Jul-2009 20:52) Posted:

one type rice feed one hundred type of people. some are real some r fake. forum too can said everything u want. just responsible with wat we said lah. " ren zai zuo tian zai kan " mean wat ever we do the sky is looking. HeHeHe!!!!

x 0

Actually if want to long StraitAsia, the preferable price is to tap at below $1.70 (still sticking to my previous post target entry pricing). More buffer to react if things goes bad.

This counter too many people play short term. Seems like people are starting to sell at around $1.75 onwards ...

If got more good news from StraitAsia, maybe those short term player may hold on to it longer.

Btw not sure when the next qtr results update for StraitAsia? That maybe the triggering point.........for up or down

x 0

Nickyng, u shooting this one down as well?

Me still waiting below 0.20 to collect. Smiley

nickyng ( Date: 03-Jul-2009 10:32) Posted:

hee...any1 got HOOT this burger? wondering the current bounce to 21.5cts sustainable ?!? :P

x 0

Based on Pilotfish info, the support is at 0.14 & 0.125. Emm interesting.

Emm too bad this one not my main counter, will not vest much on here.

But as i say, this company FA is good. Should not be a problem fr it to

go back up. Smiley

So investor should not worry much...........

pilotfish ( Date: 03-Jul-2009 11:59) Posted:

Dear forumers,

Respected again.
Know this pattern too well but will don't post my comment.
0.14 and 0.125 are the golden support and resistance.
Pls let other forumers have the chance to read my comments.

Thanks again

Hi el7888 send u PM on inserting chart.

pilotfish ( Date: 03-Jul-2009 08:57) Posted:

I won't comment about the pattern form but I take it as a test for holding power if I am in.
Base on the weekly chart (see my earlier posting) short interruption in price is what I could say. (see chart)

Just for reference.

x 0

Agreed with Hulumas on Capland.

Hulumas ( Date: 03-Jul-2009 16:29) Posted:

Though Capland is a good share (IT IS CONSIDERED FULLY VALUE BY MARKET ALREADY), I switch some to other more potential upward share counters!

maxcty ( Date: 03-Jul-2009 16:26) Posted:

I miss the buying of capland @ 3.56 and SAR at 1.7 today...sian...dun know still worth buying now..

x 0

Actually China Sport FA is good. And finanically it is ok & in good shape.

Hope it don't fail us investor, n hope they make good use of the money from RIGHTs to expand China Sport well. Smiley

x 0

Hi Bintang, the support is at 0.57....seems to be.

Is the TA for this baby favourable at this moment? Smiley

Bintang ( Date: 29-Jun-2009 20:03) Posted:

Yes , no rush , even though tomorrow could go down to 51.5 cents , still must think twice before buying . Tomorrow will be the last candle stick of the month , any closing price nearer to 51.5 cents still will form the monthly evening star , this will express the weaker trend ahead .

dealer0168 ( Date: 29-Jun-2009 19:29) Posted:

Hi Bintang, ok noted & thanks. Emm shall await fr better entry price .....no rush, no rush. Smiley

x 0

RichTan, i haven't even rate u. I thk someone give that bad rating.........

Ooo u cannot assume, must confirm first.

But really thks for yr info. Give u a good rating. Sorry jus now doing something, forget to give u rating.

richtan ( Date: 03-Jul-2009 12:41) Posted:

Hi dealer0168,

Smiley Smiley Smiley It never fails to amuse me tat even my reply to u get a "bad" rating, obviously a blatant abuse of the rating system

richtan ( Date: 03-Jul-2009 12:09) Posted:

Hi dealer0168,

basically, there is nothing to worry about Midas, as it is a solid coy with strong FA.

Good to buy on dips.

See my posting later from Westcomb, it mentions:

"The management has said that capital expenditure needs will be funded using a blend of internal funds and bank loans."