KOSPI index on Friday was 2051 equivalent to about 3x PE.

STI index on Friday was 3190 equivalent to about 13 PE.

Korea in Bullish market average PE for Textile Company is PE 16.

Assume Gaoxian Net earning for year 2010 is 84million. After 600 million new share issued in KRX with PE 16 then share price is 0.656

With current price 0.40 then PE is 9.714

teeth53      ( Date: 03-Jan-2011 00:13) Posted: http://forum.channelnewsasia.com/viewtopic.php?p=4108695#4108695 From CNA - market forum.. milkmilky wrote: Dbsv , cmib and kim eng busy compiling the report... lets see wats their target price... likely to be in 40-50 range. Without dual list calculation. 1.4 billion shares. using FY10 net profit of RMB400 mio. The eps ard 5.7. so if you think it's under value, then u happily give the PE lo. hahah 10x pe FY 10 = 57 cent 15x pe FY'10 = 85 cent. teeth53 wrote: Will d three musketers gang up, like putting up 85c -95c range ??. and will d Korean buy our idea selling @16X ?.

Getting closer to 3 now.

Only 1 away. Analysts "add oil"

teeth53      ( Date: 03-Jan-2011 00:13) Posted: http://forum.channelnewsasia.com/viewtopic.php?p=4108695#4108695 From CNA - market forum.. milkmilky wrote: Dbsv , cmib and kim eng busy compiling the report... lets see wats their target price... likely to be in 40-50 range. Without dual list calculation. 1.4 billion shares. using FY10 net profit of RMB400 mio. The eps ard 5.7. so if you think it's under value, then u happily give the PE lo. hahah 10x pe FY 10 = 57 cent 15x pe FY'10 = 85 cent. teeth53 wrote: Will d three musketers gang up, like putting up 85c -95c range ??. and will d Korean buy our idea selling @16X ?.

Still 1.5 away

masterlim8888      ( Date: 02-Jan-2011 22:32) Posted: yes. that are lots of interesting facts when i do in depth research of the raw materials and products they are doing. im revising my own target price higher than the previous one. it is going to be very exciting growth for the gem and the sharesholders. load up before you are left out x 100 times

Selling pressure is much lesser compare to few months ago. This is always the case when Big player involvement & price headed north. Further this is not selling pressure but profit taking minor (intention) or false creation.

Good to be safe. Too safe becomes too slow or slow & steady win the race ? Can't have best of everything.

I wanted to say more, but this is world. This is how we make $$$.

Still 1.5 away.

Also vested in Ziwo at 37cts on one of the morning last week. Afternoon hit 38.5 closed 38cts. Now 40cts.

sgtrader      ( Date: 02-Jan-2011 17:23) Posted: Hi I do agree that this stock will continue to run higher north. My previous post with daily chart shows that there is a potential pull back to $0.375 level if there is continuous selling pressure for small group to take profits. If $0.375 can hold well for at least 3 days after touching, it can be a good entry to buy back as the overall is still bullish and great. This is a classic stage 2 advancing stock that I love to trade when my Stage 2 scanner picks them all for my analysis. Even we are so bullish at times, we need to protect our capital or profits if the market condition change suddenly. Therefore, I emphasize clearly that for every trade that I take, cut loss, break even, entry  price must be known where as target price can be decided by the demand and supply later on. Let the trend continues to run until its bent and I am out of the stock.

ipunter expert, shi zhen de ma? i'm very new to sgx only 3+ mths old, unsure of the pattern of sino chips.  Okie...will wait for accumulation phase mid wk. 

iPunter      ( Date: 02-Jan-2011 12:28) Posted: Looking at the chart pattern,   this one is obviously not the familiar typical       run-of-the-mill 'pump and dump' penny stock pattern.           This one looks more like a runaway hot favourite in the making...