| Latest Forum Topics / China Minzhong |
 Post Reply
|
|
China Minzhong Food forum
|
|||||
|
oppa49
Member |
15-Nov-2012 14:37
|
||||
|
x 0
x 0 Alert Admin |
past 3 day high is at 77.5. Today if close at 78 or higher would be a reversal signal. | ||||
| Useful To Me Not Useful To Me | |||||
|
srichipan
Master |
15-Nov-2012 14:32
|
||||
|
x 0
x 0 Alert Admin |
500 lots done at 1.75 and 600 lots done at 1.80. I havent seen such heavy buying for quite some time liao. buying interest only just started. their results is impressive for last quarter and the good thing is that it can get better. U.S already doing something to the fiscal cliff, the market can get better. Furthermore, US stocks are the one that will have a bigger impact. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
xin9999
Senior |
15-Nov-2012 14:22
|
||||
|
x 0
x 0 Alert Admin |
i am monitoring it too see can be loaded.. lol not all counters that with good news/results can survive in such market condition..
|
||||
| Useful To Me Not Useful To Me | |||||
|
srichipan
Master |
15-Nov-2012 13:51
|
||||
|
x 0
x 0 Alert Admin |
What not so bad. It's super good! Haha. Covering shall starts now. Outbreak on the horizon!
|
||||
| Useful To Me Not Useful To Me | |||||
|
xin9999
Senior |
15-Nov-2012 13:36
|
||||
|
x 0
x 0 Alert Admin |
it looks not so bad today.. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
srichipan
Master |
14-Nov-2012 23:01
|
||||
|
x 0
x 0 Alert Admin |
Today ended with strong buying activities, hopefully the momentum will continue and open higher! :) | ||||
| Useful To Me Not Useful To Me | |||||
|
oppa49
Member |
14-Nov-2012 18:14
|
||||
|
x 0
x 0 Alert Admin |
From Lim & Tan securities (14th Nov report) http://www.remisiers.org/cms_images/research/Nov12-Nov16_2012/dailyex14112012.pdf China Minzhong’s 1Q ended Sept ’12 net profit rose 31% yoy to Rmb122mln, coming in slightly above expectations due to better than expected sale volumes. But net profit margin fell 6% points to 19.8% due to higher production costs and increased sales of lower margined paddy crops. More importantly the company collected back Rmb687mln out of the Rmb967mln and generated Rmb259mln cash flows for the quarter, bringing their cash holdings up from Rmb67mln to Rmb302mln. The widely watched trade receivable days dropped sharply from 145 to 66 resulting in their cash conversion cycle improving from 184 to 54 days. Looking ahead, management expects continued growth due to new farmland contributions, increased contributions from higher margined crops such as King Oyster Mushrooms and Black Fungus as well as doubling of their processing production capacity. With reduced concerns over the quality of the company’s trade receivables and with the company on track for continued growth, the share price recovery from its low of 53 cents hit in June ’12 looks likely to continue. At 3x PE, we maintain our BUY recommendation.
|
||||
| Useful To Me Not Useful To Me | |||||
|
oppa49
Member |
14-Nov-2012 17:42
|
||||
|
x 0
x 0 Alert Admin |
tomorrow will confirm the reversal if it breaks 77.5 high today. A repeat of 5th to 6th Sep candles ? 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
srichipan
Master |
14-Nov-2012 17:19
|
||||
|
x 0
x 0 Alert Admin |
good day for cmz. finally green after a few days. buying was strong before closing. Aiming to hit 0.78 tmr and breakout once more ppl get to know the earning cmz posted today. | ||||
| Useful To Me Not Useful To Me | |||||
|
srichipan
Master |
14-Nov-2012 15:04
|
||||
|
x 0
x 0 Alert Admin |
must hit 0.78 then got chance for breakout! buyers will increase over the next few days | ||||
| Useful To Me Not Useful To Me | |||||
|
bishan22
Elite |
14-Nov-2012 09:43
|
||||
|
x 0
x 0 Alert Admin |
OK lah. Grab today and hope for the best. Good luck. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
srichipan
Master |
14-Nov-2012 09:39
|
||||
|
x 0
x 0 Alert Admin |
Wah. Results really good. But why shortist cover at 11am? | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ruanlai
Master |
14-Nov-2012 09:23
|
||||
|
x 0
x 0 Alert Admin |
BUY before is gone at 77cents.... SHORTISTS force buy back at 11am...... Cover like mad today for Shortists.... |
||||
| Useful To Me Not Useful To Me | |||||
|
ruanlai
Master |
14-Nov-2012 09:13
|
||||
|
x 0
x 0 Alert Admin |
Revenue Jump more than 60% Profit Jump more than 30% Shortists doom day..... BUY NOW |
||||
| Useful To Me Not Useful To Me | |||||
|
srichipan
Master |
13-Nov-2012 22:30
|
||||
|
x 0
x 0 Alert Admin |
time to unleash its potential! TP $0.90! | ||||
| Useful To Me Not Useful To Me | |||||
|
srichipan
Master |
13-Nov-2012 22:28
|
||||
|
x 0
x 0 Alert Admin |
tmr announce earnings, tmr is the day liao! cheers :) | ||||
| Useful To Me Not Useful To Me | |||||
|
srichipan
Master |
12-Nov-2012 22:25
|
||||
|
x 0
x 0 Alert Admin |
forgot tmr is public holiday. hope wed will chiong then. their results will be out before in the morning.
|
||||
| Useful To Me Not Useful To Me | |||||
|
srichipan
Master |
12-Nov-2012 20:18
|
||||
|
x 0
x 0 Alert Admin |
yeah. agree with you. very volatile leh. zzz | ||||
| Useful To Me Not Useful To Me | |||||
|
solomonster
Senior |
12-Nov-2012 20:10
|
||||
|
x 0
x 0 Alert Admin |
Just be careful if you are long on this counter, specially if you are short term trader. A lot of bull trap lately | ||||
| Useful To Me Not Useful To Me | |||||
|
Peter_Pan
Supreme |
12-Nov-2012 19:45
Yells: "did you order dunkin' donuts" |
||||
|
x 0
x 0 Alert Admin |
Time to accumulate this burger. | ||||
| Useful To Me Not Useful To Me | |||||