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The Truth & Real Potential Of China Sport

newtothis
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06-Jul-2009 16:42

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very interesting but goldenagr more interesting atm lol. Sports i dont to worry :)

erictkw ( Date: 06-Jul-2009 16:35) Posted:

Interesting????

newtothis ( Date: 05-Jul-2009 22:50) Posted:

Tomorrow Market will be interesting :)

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erictkw
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06-Jul-2009 16:35

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Interesting????

newtothis ( Date: 05-Jul-2009 22:50) Posted:

Tomorrow Market will be interesting :)

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Bintang
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06-Jul-2009 15:59

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What star is that on last Friday ? The market is going to close soon .Can the TA change in one day ?

Bintang ( Date: 05-Jul-2009 12:37) Posted:

Hi all , since some one ask me to study more TA , I had done so and found these :

Indicators:

Accumulation / Distributon : FAILED

Aroon : FAILED

CCI : FAILED

Chaikin Oscillator :FAILED

Chaikin Money Flow : FAILED

Demand Index : FAILED

ADX weekly : FAILED

MACD : FAILED

MESA sine wave : FAILED

Momemtum : FAILED

Parabolic SAR : FAILED

RSI : FAILED

Stochastic daily n weekly : FAILED

William % R : FAILED

Patterns :

Descending triangle ( falling out ) : PASSED

Double bottom : NOT PASSED , the volume not confirmed

H & S Pattern ; almost PASSED , forming the right shoulder .

Seeing the report card , not even a single reason to buy this counter .

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newtothis
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05-Jul-2009 23:37

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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4D76B324EFE04EBD482575B400391A86/$file/CSI_1Q09_Press_release_12-05-09.pdf?openelement

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newtothis
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05-Jul-2009 23:08

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Some people are trying so hard to down China Sports and created fake news "I was laughing at the fake news saying that China sports has only a few stores" - LOL .

OMG Good thing China Sports Boss is aware and post a CLARIFICATION ON MARKET RUMOUR

Andrew ( Date: 05-Jul-2009 22:56) Posted:

China Sports just made an announcement 30mins ago to clarify a Market Rumour. Guess they blew the cover ?

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_27C513E0E191E696482575EA004E3B52/$file/Clarification-on-Market-Rumour_05-07-2009.pdf?openelement

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_27C513E0E191E696482575EA004E3B52/$file/Extract_05-07-2009.pdf?openelement

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matthewsoh
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05-Jul-2009 22:59

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With you around , YES.

newtothis ( Date: 05-Jul-2009 22:50) Posted:

Tomorrow Market will be interesting :)

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Andrew
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05-Jul-2009 22:56

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newtothis
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05-Jul-2009 22:50

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Tomorrow Market will be interesting :)

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newtothis
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05-Jul-2009 17:35

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newtothis ( Date: 05-Jul-2009 16:33) Posted:

Please let people read:

newtothis ( Date: 05-Jul-2009 12:51) Posted:

If you guys referred to below data.

You can see china sports 4X less share than China Hongx and its share price is 0.14. China Sports should be at least $0.30-$0.56 given its earning and the small amount of shares.

However people tends to think and see things on the shallow side of the story. They blindly look follow whats on the FR and didnt analyzed properly. As long as the figures look huge and stay positive they are good.

Does it really look that good ? Ask yourself this question China Hongx made like 20 millions shoes a year where china sports made 5 million shoes and both have very similar profit. It is dangerous here if you look carefully.

China Sports will definitely increase their market share as they are gaining popularity in China. If you are smart you will invest on those people that can made profit for you even in bad times. To me why should i invest in china hongx when it cannot justified its huge investment and further more without any RETURNS "no dividends". Ask yourself What did China Hongx has given back to the shareholders so far and What did China Sports given back to shareholders so far?

Go do your home work and you will understand why China Sports better than China Hongx

Prepare for China Sports to Shoot up :) Cheers

CHINA SPORTS

Total Shares for China Sport: 673,700,000

Current Price: $0.140

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, many more (Allow them to exports thier made shoes to these markets too)

Manufacture - 5 millions shoes Per Year (Compare the earnings of both company)

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

CHINA HONGX

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.

Manufacture - 20 Million Shoes a year. (Compare the earnings of both company)

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

The truth is following TA you are always at least one step behind the BB. Because you always waiting for the confirm entry point. BB is happy that your a late comer :)

Anyway congrats for those who Vest China Sports <HUAT ah> See the Sports climbing to $0.24-0.35 for Q3 from my latest info.

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newtothis
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05-Jul-2009 17:34

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naa dont leave ... i will miss you :)

richtan ( Date: 05-Jul-2009 17:13) Posted:

Hi Forumers,

After much consideration and painful decisions and thought of only quit posting when there are too many forumers doing misleading post and forumers rebuting for the sake of rebuting, I had finally made the decision to stay out of posting and join the ranks of Cheong Wee and remain a passive reader, too energy-zapping and time-wasting, much as is my passion to help newbies but I find a lacking of support from the rest of the forumers except for the handful of forumers who are willing to stand out to lend me their support and rebut, the majority are just passive readers.

I will resume my sharing, advice and TA posting only when admin removes people like newtothis n anfield_76 as it defeats my effort of posting and sharing with all this irritant in my eyes.

My last advice to all newbies is to click my nickname and read all my advice and sharing and not fall prey to all those deceptive ploys, one-liners, BBs, emotional postings, wild calls telling u tat "it will hit xxx price by today" even b4 the mkt close as if they dominate and control the mkt like Lord Buddha control Monkey God under his 5 mountains.

Bye for now and hopes to return later when the environment here is more conducive and less of all this undesirable noises and deceptive ploys like BBs and those emotional postings.

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richtan
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05-Jul-2009 17:13

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richtan
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05-Jul-2009 16:49

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Posted: 05-Jul-2009 12:45 Contact richtan * Quote this Post!

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Just my sharing with all forumers, particularly to newbies.

Read today's Sunday Times,"Invest, pg 23", I quote in red:

"Watch Out for Scammers"

Point no. 3:

3. Pump and Dump scams.

These are typical conducted via an unsolicited phone call or e-mail. The scammer, who holds a stock, attempts to boost its price via false and misleading recommendations (the "pump") which are e-mailed to many people. The stock is often promoted as a "hot tip". Once there is a surge of interest from victims, the scammers sell the stock (the dump").

The victims lose their investments as the stock price falls. Such scams usually target thinly traded or small-cap stocks as they are easy to manipulate and it does not take many new buyers to push up the prices. To avoid being taken in, it is best not to rely on information you receive via an unsolicited source.

My comments:

(1) This is true not only via unsolicited phone call and e-mail but also in public forums, so be wary of wat u read and dyodd.

(2) It is also true tat scammers usually target thinly traded or small-cap stocks, but it is still okay to trade small-cap stocks if u dyodd using FA and TA. Knowing tat the stock has good fundamentals is not good enuf as u may get caught buying at a high price by the "pump" which is primed for corrections (the dump"), thus the importance of TA to know whether it had been pumped up (avoid buying and being caught) and instead wait for buying opportunities (during the correction) by studying the candlesticks and other indicators for reversal patterns.

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richtan
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05-Jul-2009 16:46

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The future of S'pore will look bad bcos of the world crisis n will look good when the economy picks up again and can also look bad if too many newbies fall prey to deceptive ploys and BBs "pump and dump" TACTIC, read today's Straits Times which I copied and posted earlier.

So, newbies, be WARY!!

newtothis ( Date: 05-Jul-2009 16:31) Posted:

no wonder the future of singapore looks bad.

richtan ( Date: 05-Jul-2009 16:27) Posted:

Smiley Smiley Smiley No prize for guessing lah .

No need to guess, just click my name n do a search.... Smiley Smiley Smiley

Anyway, age has got nothing to do with a person's wisdom, a young person can have more wisdom than an older person and vice-versa, it is how well-read and knowledgeable tat makes a person wiser , so since u dun read TA books, u are non-the-wiser Smiley Smiley Smiley

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freeme
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05-Jul-2009 16:35

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as far as i see, i didnt wan to get into u both's debating of who is richer or who laugh his way to the bank. Both got your own view and im sure other forumers will judge for themselve to buy or sell seeing any advice or comment makes.

If one decide to buy on one forumer call, then win good, lose also dun blame ppl. Bec i believe one has to be responsible of their own decision and judgement.

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newtothis
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05-Jul-2009 16:33

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Please let people read:

newtothis ( Date: 05-Jul-2009 12:51) Posted:

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newtothis
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05-Jul-2009 16:31

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no wonder the future of singapore looks bad.

richtan ( Date: 05-Jul-2009 16:27) Posted:

Smiley Smiley Smiley No prize for guessing lah .

No need to guess, just click my name n do a search.... Smiley Smiley Smiley

newtothis ( Date: 05-Jul-2009 16:15) Posted:

let me guess your 40+ this year lol. richard ta

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richtan
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05-Jul-2009 16:27

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Smiley Smiley Smiley No prize for guessing lah .

No need to guess, just click my name n do a search.... Smiley Smiley Smiley

newtothis ( Date: 05-Jul-2009 16:15) Posted:

let me guess your 40+ this year lol. richard tan

richtan ( Date: 05-Jul-2009 16:10) Posted:

Fellow forumers,

Plse give me your support n not stay as passive readers by way of replying to this TA detractors n gloating.

Is there anything wrong with me using a nickname, richtan, short form for Richard Tan, I for sure dun make such posting flaunting my wealth, hahaha Smiley Smiley Smiley

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newtothis
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05-Jul-2009 16:15

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let me guess your 40+ this year lol. richard tan

richtan ( Date: 05-Jul-2009 16:10) Posted:

Fellow forumers,

Plse give me your support n not stay as passive readers by way of replying to this TA detractors n gloating.

Is there anything wrong with me using a nickname, richtan, short form for Richard Tan, I for sure dun make such posting flaunting my wealth, hahaha Smiley Smiley Smiley

newtothis ( Date: 05-Jul-2009 16:05) Posted:

unlike richtan :) have a nickname call rich lo

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richtan
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05-Jul-2009 16:10

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Fellow forumers,

Plse give me your support n not stay as passive readers by way of replying to this TA detractors n gloating.

Is there anything wrong with me using a nickname, richtan, short form for Richard Tan, I for sure dun make such posting flaunting my wealth, hahaha Smiley Smiley Smiley

newtothis ( Date: 05-Jul-2009 16:05) Posted:

unlike richtan :) have a nickname call rich lol

richtan ( Date: 05-Jul-2009 16:03) Posted:

Oh sure, definitely it will go up one fine day n I will buy when I spot it in the chart pattern (but again it is not infallible n I will still set my cut-loss point) but for sure will not fall prey n base on one-liners n all these BBs n any other deceptive ploys.

There is no need to flaunt one's wealth in a forum, normally those tat are rich are those tat are humble n dun flaunt n gloat around.

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newtothis
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05-Jul-2009 16:05

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unlike richtan :) have a nickname call rich lol

richtan ( Date: 05-Jul-2009 16:03) Posted:

There is no need to flaunt one's wealth in a forum, normally those tat are rich are those tat are humble n dun flaunt n gloat around.

newtothis ( Date: 05-Jul-2009 15:54) Posted:

Actions & results speak louder than words. When I see Sports go up and i will be buying few condos again

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