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It is still traded above its NAV i.e. Sgd. 0.0064, so I consider too expansive price to buy at Sgd. 0.01, it should be worth traded at about Sgd. 0.005.
Henry$$$ ( Date: 13-Apr-2009 18:19) Posted:
No way U can lose in this counters at current price unless it bankrupt. It is teh only possibility I can think of.. As long as the company is operated, you sure win with 5 to 10 years waiting period. Please prove that if I am wrong! |
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I hold this with huge huge paper loss already.
iPunter ( Date: 13-Apr-2009 18:59) Posted:
That is provided he has shorted earlier on...
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When there is no profit, people buy for NAV. (NAV is as the based evaluation of justified indicative share price then). Just like you buy a property with no business/profit/rental income, but you still want to buy if its property price fall below the normal market price right?
knightbridge ( Date: 13-Apr-2009 19:44) Posted:
it is there, but no ppl want to see.. Rather choose not to believe.. That is human right..
Like eg.. Ban Joo never make money.. Share price can still move up, without making any net profit for years.. This are the companies that are going to get suspended by SGX if still do not show profit... People are still buying, sometimes I am wondering why..... |
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Oh, we do not trade, we invest for this potential intrinsic KXD value, as it has written down every inventory risk, receivable risk, depreciation risk, currency risk, business prospect risk also share price downward movement risk (price could not go <Sgd. 0.005).
AK_Francis ( Date: 13-Apr-2009 17:50) Posted:
Seems like both are forgotten child, no trading on Con n only 10 lots traded on KXD. Moreover, 2day market so hot????
AK observation only. No calling. |
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Rumours: KXD and CONTEL could merge together. Any one knows? Please confirm!
StarLine ( Date: 13-Apr-2009 01:57) Posted:
At last, some good news for KXD, after all the negative news so recently.
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We need leverage financing buying sentiment force to boost for Sunmoon, otherwise it will be status-quo for at least another one year. Sunmoon management please arrrange itself for marginable allowed by the marginal trading lenders, it will be great help to add much more value to their share holders!!! Other penny stocks and most of the S-share need the same above requirement too. I suppose.
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Don't tell us, we do not know! Ha. ha.. ha...
des_khor ( Date: 13-Apr-2009 13:08) Posted:
US gorvement tell GM prepare to file for bankrupcy.... |
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You are right, that is why I do not buy Banking nor financial sectoral stocks not untill the beginning of next year, but I keep buying the other sectoral shares, as the value have been driven down excessively by negative sentiment of the global general market rather than negative sentiment due to their own expected worse business performance prospects.
cheongwee ( Date: 13-Apr-2009 13:16) Posted:
If IMF figure is right and honet, they telling us that we are in deep shit...depression...not deep recession....think again..the bank are worth 1t...they lost 1.5t..they are technically like some say....BANKRUPT...and Europe is even worse...they are worth much less and lose much much more...
So if all these are fact,,, u think we can recover 2half 2009???or not...DYODD.
i personnally wish the best..their losses will be our losses..more of my friend and relative will loss job...
my business will be effected for sure.....we better prepare... |
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The global share market prices are simply too low to sell now. Hence, I keep buying........
cheongwee ( Date: 13-Apr-2009 12:50) Posted:
IMF report 4 T...George Soro est. American bank 1.5T...that is right maybe IMF bring fortcoming Europe losses into account....1.5t+2.5t =4t..
Europe losses 2.5t is worse than US... invester have been selling Europe,,,that is why US$ is strengthenning...
Europe the next bomd to go off....
divearse ( Date: 13-Apr-2009 11:29) Posted:
Now I understand why we want to build Casinos in Singapore, if you cant beat them join them. Squat at the roadside car numberplate betting has gone hi-tech to become on-line stock trading, I have never seen so many clear signs of dooms, so many comments on bear in bull's clothing, yet the prices has shot up 50-70% from lowest in March 09. Keep and eye on political issues in Thailand, Indonesia and Malaysia, they can only get worst instead of better in the mid term. Do try to find reasons to fufill your self denial....
1. George's view:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a3.vEFtKe5Oo&refer=home
2. Technical Analysis: Bloomberg
http://www.bloomberg.com/apps/news?pid=20601213&sid=a0WhQPSrzB6M&refer=home
3. PM Lee revise economy forcast: http://www.channelnewsasia.com/stories/singaporelocalnews/view/421275/1/.html
4. Skully's point about Temporary Losses in US Banks (Not-so Well Fargo) not reported,
5. Q1 Results are coming out, who is reporting good news apart from bicycle shop and pawn shops?
6. 4 Trillion $ Toxic Debt - IMF http://www.drudge.com/news/119872/imf-financial-institutions-hold-4-trillion how this can be resolved so quickly to justify a bull market?
7. Why do we study History in School? Because History will repeat itself ! - Professor Nouriel Roubini http://www.lateralthinking.biz/bear-market-rally.html
Enough said, I forcast some people are going to cry soon.....so bad that the tears cant even come out.... Enjoying cheoong while you can, afterall we are a gambling nation...
DOH ! |
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To me, it indicates a good sign, since all the way it is not much seller who want to dump/sell the share, infact even at Sgd. 0.10 the price is too low already.
freeme ( Date: 13-Apr-2009 12:54) Posted:
ya la.. but u see their pass vol.. all quite low also
Hulumas ( Date: 13-Apr-2009 12:26) Posted:
Market in low volume is my opportunity for me to buy in big share of volume, while market in big volume in the future easilly let me releasing big volume of my holding then. Remember small volume now does not necessary mean small volume in the future and vice-versa |
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Market in low volume is my opportunity for me to buy in big share of volume, while market in big volume in the future easilly let me releasing big volume of my holding then. Remember small volume now does not necessary mean small volume in the future and vice-versa.
freeme ( Date: 13-Apr-2009 12:10) Posted:
their dividend very tempting but this counter low vol. hard to get out once in..
Hulumas ( Date: 13-Apr-2009 11:30) Posted:
Huh, A good potential dividend and prospect company starts shining/reacting now. I 'll get a few lots in my stock porfolio. (CAVEAT EMPTOR). My target price is Sgd. 0.28 |
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It seems the right time to look again for this counter. Any comment?
Hulumas ( Date: 28-Feb-2008 12:52) Posted:
Dear Zhuge_Liang,
Now the time seems right to start buying Jishan from Sgd. 0.08 and would steadily up to Sgd. 0.11.(immediate target) and >Sgd. 0.16 within this year.(Caveat Emptor) |
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Huh, A good potential dividend and prospect company starts shining/reacting now. I 'll get a few lots in my stock porfolio. (CAVEAT EMPTOR). My target price is Sgd. 0.28.
Hulumas ( Date: 15-Jun-2008 11:13) Posted:
Dear Zhuge_Liang,
1st quarter is only a knee-jerk performance for China Jishan most likely! |
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Since you said unbelievable price.... It should be offering at Sgd. 0.005. Then I believe the buyers can easily get 100% or even 400% gain shortly.
serene ( Date: 13-Apr-2009 07:19) Posted:
Go ahead, I will offer all my shares at an unbelievable price of 1c. And pray you'll make 100% profit like me.
Kensonic77 ( Date: 09-Apr-2009 22:37) Posted:
I was in Shenzhen last week and I heard that their R&D is doing well and is going to produce High Definition LCD Panel, High-End Tube Amplifier and Electrostatic Speakers System. Just hard to believe the news. |
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Thank you for your valuable information.
Kensonic77 ( Date: 09-Apr-2009 22:37) Posted:
I was in Shenzhen last week and I heard that their R&D is doing well and is going to produce High Definition LCD Panel, High-End Tube Amplifier and Electrostatic Speakers System. Just hard to believe the news. |
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That is called Casino even Sgd.1.00 is possible!
Naproxen ( Date: 09-Apr-2009 23:16) Posted:
Hmmm....any possibility this casino hitting 60 cents next week??? |
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I heard rumours from Hong Kong, I am still checking the truth about it.
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I heard some rumours from Hong Kong recently, I am still checking the truth about it.
Hulumas ( Date: 03-Feb-2009 17:51) Posted:
Sometimes I just wonder, share price could not be too cheap! As such no one will buy!!! I do not feel buying too, if the price is too cheap frankly. |
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You are SMART sensing majority players' investment psychology/behaviour.
jonahach ( Date: 08-Apr-2009 22:12) Posted:
Do not understand why people still talk abt bottom.
Must have missed the boat and hopeful for another low..... |
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Huh another 20% to 40% up and up for penny stocks to go, I suppose, ending of April I 'll take profit.
jonahach ( Date: 09-Apr-2009 19:14) Posted:
Penny stocks gain ground....China Zaino, Golden Agri, China Hongxing.... |
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