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ADR - China Taisan
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lsj840428
Senior |
14-Oct-2009 22:04
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lol that is the purpose of me to post this thread....Why should China Taisan sold its shares so cheap to BP Baron? why should they did it to benefit them? Is BP Baron going to help them to apply for ADR? (merely my perception) Fundamentally, it is not cheap at all as its PE is about 12 times (calculated based on the past two quarter plus assumption made that the nxt two quarter will be as least as good as the past) Compared to Sinotel, the PE was just 3-4 before the new of ADR was released. Even thru recently it had surged so much to 60 cts yet its PE is just 6-6.5....Both applied for the ADR but obviously the latter will gain advantage over the former as it is still cheap and got the growth....Imagine u r the US investor, will u do all these simple cals prior to buying any ADR ?
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lawcheemeng
Master |
14-Oct-2009 07:58
Yells: "fly me to the mooon" |
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agree with you 100%........trade with care ... | ||
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chinton86
Veteran |
14-Oct-2009 01:00
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Just be careful when trading these counters. Else u will be in the losing end most of the time. These stupid americans and tiongs trying gang up to take money from us. Imagine their cost only 9 cents when doing the freaking transaction! Imagine when on hell would you sell for 9 cents and gives those stupid warranties. Not that cannot go in gamber the right position it will go but just be careful. And if you wan gamber, go Genting play big small instead. | ||
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lsj840428
Senior |
13-Oct-2009 22:40
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Ever since Sinotel sold some of its share to BP Baron, US institutional Investor, it had announced to apply for ADR....Now is China Taisan's turn, it had sold some of its shared to BP baron as well.....what's next ? guess what? China Taisan applied for ADR as well....i am wondering in the end of the day, how many of them will be able to be granted the ADR by NYSE...... |
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