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It's moving up
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hikitty
Master |
30-Apr-2007 18:36
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Hi focusy Thanks for pointing out about the call option. When Henry Purwardi exercises the call option, the share will run up. Right? Then, potential investors shd buy now before it runs all the way up!!! Right? |
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hikitty
Master |
25-Apr-2007 14:59
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CGL is consolidating for a rebound to a new peak soon, according to FA. and TA. Company shd be profitable as from 2007, with new income driver.. Best bet to make $$$ coz' buying from its base, NOT peak, price - right thinking? |
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hikitty
Master |
18-Apr-2007 11:17
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Hi CGL investors Hold tightly onto CGL Buy up now if you have not done so. Shd skyrocket soon to a new peak (latest peak : 26cents). Henry Purwadi lis likely to exercise the call option coz company is profiable. |
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hikitty
Master |
13-Apr-2007 17:34
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Hi focusy U shd be right in your brilliant analysis of the reason for its recent run-up. The other reason it has returned to profitability real fast, otherwise would Henry exercise the call option.. |
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focusy
Senior |
13-Apr-2007 08:57
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hikitty, thanks to your postings i took notice of China Great Land. And then the strong surge in China Great Land's stock price prompted me to take a closer look at its recent announcements. There was one on Mar 29 regarding a Henry Purwadi buying over the chairwoman's 39.8% stake. It's a call option to buy within 12 months. The interesting thing is that Henry is supposed to source for a business to inject into China Great Land, while the chairwoman is to source for a buyer for the existing business of construction piling in Henan. http://info.sgx.com/webcorannc.nsf/560dd4b031b97d27482571b20043d38c/cdea4d793d0e8953482572ad0013a5c3?OpenDocument It looks like a reverse takeover could materialise. And that's what is fuelling the stock price. The piling business is not sexy and not immensely profitable. What is yr reading of the situation? |
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hikitty
Master |
10-Apr-2007 15:38
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So disappointing. Moved north, but bought only a few lots previously. Further upside potential ahead? |
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hikitty
Master |
10-Apr-2007 11:40
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A forgotten share worth taking a second look? It was listed in 2005 with only 50 million shares. Missed the boat - invested only a few lots - holding well, near IPO price. Any comments from any TA or FA specialist about their growth potential? |
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hikitty
Master |
01-Mar-2007 10:15
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Who are the very smart ones (429 lots) queuing up to buy at 18cts this morning? Again, those who wish to buy, pse don't try any contra game, coz' you will fall into the hands of short sellers when payment is due, forcing the share price to dip. Yesterday, there were very very smart ones who tried buyin, at 13cts, (hoping against hope for panic selling) but subsequently moved up to 18cts. |
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hikitty
Master |
01-Mar-2007 09:51
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Hi samyen and SJ readers When CGL was listed in 2005 @ S0.21cts,(50 million shares only) its net profit was only RMB119,000 and earnings per share RMB 0.0003. Based on 2006 profit of RMB732000 and earnngs per share of RMB0.004, its fair value shd be more. It shd be crawling very very slowly (or painfully slowly) north. The mkt will decide the fair value. (Sorry, for the factual error - the profit of RMB 5,349,000 for first half of 2005 was the gross profit, NOT the net profit) |
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samyen
Member |
08-Feb-2007 20:53
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Have they release their quarterly report? Please provide the link.... i am vested in this since last year at 0.085- 800 lots... ;-) |
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hikitty
Master |
07-Feb-2007 18:08
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If asked to describe CGL, I will describe it as the " ultimate worst" share (if there's such a descriptive adjective) with a float size of only 40 million shares. Its P&L for the first half year of 2006 was only 307,000RMB (abt S$68,000), no big deal for a listed firm, compared to a profit of 5,349,000 RMB for the first half of 2005. |
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hikitty
Master |
31-Jan-2007 18:39
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Consolidating for the next rebound. Dont worry , be happy -strong buying up on the dip. A word of caution - if u play "contra" on any share (not just CGL), u will be playing into the hands of the operators who will keep on buying up as it dips. With a float of only 40 million shares, selling at low prices shd be history since CGL shd be profitable as from FY 2006 onwards (with the setup of its new factory in 2006 on its existing prestressed steel factory site to produce a different type of building material) |
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hikitty
Master |
29-Jan-2007 10:41
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Checked IPO record again. Sorry only 40 million shares issued - 38 million: placement; 2million: public. Overall FY 2006 shd be profitable - that's why share price has recovered fast. |
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hikitty
Master |
27-Jan-2007 13:52
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Unfortunately, didn't purchase that many lots to really benefit from the price run-up. Still not too late to get on the bandwagon. My simplistic thinking is that unless a company is going to go bust, it's OK to buy its shares below IPO price. With only 50 million shares, its turnaround is reasonable. Buy this share to keep for some time, not to trade so that it will not experience the wild swings in prices of speculative shares with big float sizes. |
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fruitty
Senior |
27-Jan-2007 00:36
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hikitty, congrats that China Great is moving up by so much :) your patience has paid off :) |
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hikitty
Master |
26-Jan-2007 11:02
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China Great Land Hldg is a laggard penny share. As usual, pse don't contra buy or sell this share too early (IPO price was 21cts). With every buyer does not do that, it will not yo-yo coz' there are only 50 million shares, most of whom are in the hands of placement holders (those with holding power, yah). Moved up to 15cts this morning. Company shd be profitable as from 2007 because of the new factory that has been set up with the 2005 IPO proceeds. |
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hikitty
Master |
25-Jan-2007 19:13
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CGL is playing catching up since it has been on a downtrend most of the time since being listed in February 2005. Strong buying up support at 0.13 and 0.135cts. Closed at 0.135cts.. Total volume done today: 2787 lots Pse don't be contra buyers for any share coz' one will fall into the hands of operators who will be able to buy it back at lower and lower prices when one is forced to sell because of the inability to pay up. . |
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hikitty
Master |
24-Jan-2007 21:26
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Would those who are vested in this share let me know their view of the recent run-up? Uptrending with reasonably high volumes over the last four days. Upward surge today from yesterday's close of 0.105cts to today's 13cts (+0.025cts) with 2222 lots done . |
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hikitty
Master |
24-Jan-2007 19:14
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If one is happy just buying any share for it to recover to its IPO price, then this is the share to buy. Inexpensive with just 50 million shares. It is playing catching up with the market since it has been sleeping since February 2005. At today's closing price of 13cts, it is still not too late to buy on the uptrend before it breaks out to 21cts. |
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hikitty
Master |
24-Jan-2007 17:10
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Total volume of more than 2000 lots (positive uptrend) done today. Not bad for a float size of only 50 million shares. The shrewd investors have turned their attention to CGL as they have sniffed out a real good deal. 20% gain (above its IPO price of 21cts) in the near term for this share is not impossible. Grab this share before the operators do so. |
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