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COFT - quiet tiger with prowling ambitions Post Reply Rate topic
enghou Senior	01-Feb-2011 17:11        enghou About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	CIMB Technical Comment   • Prices seem to hit a high at S$0.27 before taking a breather, forming a triangle  pattern in the process. It is now holding just above its 30-day and 50-day SMA,  getting ready to break upwards.     • Its MACD and RSI are now beginning to hook upwards, suggesting that  momentum is picking up.   • Buy now with a stop placed below the recent swing low of S$0.235. A breakout  above S$0.255 would likely send prices higher towards S$0.285, above the  previous high of S$0.27.   Happy New Year
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nickyng Supreme	21-Jan-2011 16:56        nickyng About Contact  Quote this Post!
x 0   x 0  Alert Admin	this is definitely ONLY a PAPER tiger ! hee.... :P pellty      ( Date: 21-Jan-2011 10:34) Posted: With the increasing demand of crude oil in the next 5-10 years from the emerging markets, BRIC + VIP. The extraction technology will be greatly needed to support this demand in the long run. Although, there are clean energy that countries like China and many companies are experimenting, they need another 10 years to be alternatives to crude oil. It was reported recently that the nuclear reactor could be the next energy source for China's growing demand but they have not resolve the fundamental problem of reproduction. However, we know that China will not take long to resolve this. This company: China oilfield Tech is a versatile company although currently it offers limited products. But with the niche market knowlege and high tech skills, it has shown that it has survived the biggest scare from 2007- 2009. It is picking up orders from outside China. This is a good sign of expansion. The drawback comes from the huge debt that they need to service for the coming few years but if the orders pick up, there is a chance that this tiger may roar back in the rabbit year. Let stay tune to the its 1st quarter results to determine if it is still a sleep dragon or a prowling tiger in the rabbit year. Happy New Year to you all!
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Hulumas Supreme	21-Jan-2011 11:10        Hulumas About Contact  Quote this Post! Style: Flexible   Mood: Yells: "INVEST but not TRADE please!"
x 0   x 0  Alert Admin	It is noted. I 'll visit this company to study before investing around this year or next year. Thank you. pellty      ( Date: 21-Jan-2011 10:34) Posted: With the increasing demand of crude oil in the next 5-10 years from the emerging markets, BRIC + VIP. The extraction technology will be greatly needed to support this demand in the long run. Although, there are clean energy that countries like China and many companies are experimenting, they need another 10 years to be alternatives to crude oil. It was reported recently that the nuclear reactor could be the next energy source for China's growing demand but they have not resolve the fundamental problem of reproduction. However, we know that China will not take long to resolve this. This company: China oilfield Tech is a versatile company although currently it offers limited products. But with the niche market knowlege and high tech skills, it has shown that it has survived the biggest scare from 2007- 2009. It is picking up orders from outside China. This is a good sign of expansion. The drawback comes from the huge debt that they need to service for the coming few years but if the orders pick up, there is a chance that this tiger may roar back in the rabbit year. Let stay tune to the its 1st quarter results to determine if it is still a sleep dragon or a prowling tiger in the rabbit year. Happy New Year to you all!
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pellty Member	21-Jan-2011 10:34        pellty About Contact  Quote this Post!
x 0   x 0  Alert Admin	With the increasing demand of crude oil in the next 5-10 years from the emerging markets, BRIC + VIP. The extraction technology will be greatly needed to support this demand in the long run. Although, there are clean energy that countries like China and many companies are experimenting, they need another 10 years to be alternatives to crude oil. It was reported recently that the nuclear reactor could be the next energy source for China's growing demand but they have not resolve the fundamental problem of reproduction. However, we know that China will not take long to resolve this. This company: China oilfield Tech is a versatile company although currently it offers limited products. But with the niche market knowlege and high tech skills, it has shown that it has survived the biggest scare from 2007- 2009. It is picking up orders from outside China. This is a good sign of expansion. The drawback comes from the huge debt that they need to service for the coming few years but if the orders pick up, there is a chance that this tiger may roar back in the rabbit year. Let stay tune to the its 1st quarter results to determine if it is still a sleep dragon or a prowling tiger in the rabbit year. Happy New Year to you all!
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