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Synear Food's Chengdu temporary suspend production Post Reply Rate topic
redash Member	09-Jul-2008 12:21        redash About Contact  Quote this Post!
x 0   x 0  Alert Admin	@AnotonyTan, Opps Sry  The other thread was like more on pricing focus ...which I think is more to individual... but I am more interested in the players and techniques and tools involved in this counter.. and more importantly the analysis involved... That whys I intend to do a little discussion on this counter as this counter caught my attention... One has to know the "playground" firsthand ya'know ^_^
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redash Member	09-Jul-2008 12:09        redash About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agreed Totally, I see your point now  (I thought you are going to jump in right away XD and join the "spike") So right now I am waiting for the garzillions of locusts to peck away the "spike" ... but just not too sure with the entry price... so wonder if any old time trader of this counter share with me the tools that this counter used... Not trying to be lazy here but I hardly backtest China stocks... if ya know what I meant >=:O)
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AnthonyTan Elite	09-Jul-2008 12:05        AnthonyTan About Contact  Quote this Post! Style: Flexible   Mood: Yells: "patience"
x 0   x 0  Alert Admin	Topic is very misleading. Is the Chengdu plant still temporary suspend production? Please refer to ruanlai 's posting dated 13 May 2008.
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jackjames Elite	09-Jul-2008 12:02        jackjames About Contact  Quote this Post!
x 0   x 0  Alert Admin	somehow i admit that can be a dangerous trading mentality.. but please do look far a little bit, at least give another 2 months to test "the statement", not 2 days... if u can catch the lowest at jan 22, march 20.. i don't see why u cannot catch the lowest at july 9...  , my thinking. redash      ( Date: 09-Jul-2008 11:42) Posted: i always believe all time low is just another day to rebound... i cannot believe once a shining star will create a new lower low every single time... sry a little off topic from this thread... That is kinda dangerous trading mentality... Nowadays, Low go newer low and High go newer high... more often than whats not otherwise.... DO understand more traders now are more educated... and with advance communication tools, its easier to "coordinate"... Better not assume, analysis is a better way to trade... the techniques and tools out there are more or less those that many...  and they are there to help you... and they form part of your skills =^)
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redash Member	09-Jul-2008 11:53        redash About Contact  Quote this Post!
x 0   x 0  Alert Admin	To help with the learning process, Biosensors is a good example of a once healthy stock broken new grounds recently... Sry not trying to be a nag'in frag here, but jsut wanna learn more... I see trading as an interesting medium to learn And I am also still learning (=> still do not possess the razor-sharp "eagle-eye"... yet haha) Thats why I join this forum, to learn from others and vice versa Happy Trading and Learning =D
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redash Member	09-Jul-2008 11:42        redash About Contact  Quote this Post!
x 0   x 0  Alert Admin	i always believe all time low is just another day to rebound... i cannot believe once a shining star will create a new lower low every single time... sry a little off topic from this thread... That is kinda dangerous trading mentality... Nowadays, Low go newer low and High go newer high... more often than whats not otherwise.... DO understand more traders now are more educated... and with advance communication tools, its easier to "coordinate"... Better not assume, analysis is a better way to trade... the techniques and tools out there are more or less those that many...  and they are there to help you... and they form part of your skills =^)
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jackjames Elite	09-Jul-2008 11:21        jackjames About Contact  Quote this Post!
x 1   x 0  Alert Admin	i always believe all time low is just another day to rebound... i cannot believe once a shining star will create a new lower low every single time...
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redash Member	09-Jul-2008 11:17        redash About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sry I wanna correct myself after another analysis... is 0.415 a good entry level?
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redash Member	09-Jul-2008 11:12        redash About Contact  Quote this Post!
x 0   x 0  Alert Admin	Same here I see strong support at 0.39, But I am wondering abt the small gains ... they are repeatedly nibbled away to ground level ... even forming new ground... so now still no good for entry ? Is it best to set entry at 0.39?   Btw. I took a quick look at the commodity market ... commodity crash on wheat looks so quite unlikely... plus the O'Games is coming... many are expecting wheat to go up further... erm... are you looking towards Oct~Nov period?
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CWQuah Master	09-Jul-2008 10:53        CWQuah About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	They can try shorting if they want. But there won't be much meat left for them. 39-40c zone is a VERY strong support (look up its FA hehe). And looking at Shanghai's movement, shorting is a tough proposition. It'll probably gain very slowly, on concerns of high costs of production. But prospects will improve if the commodities mkt crashes i.e. wheat falls in price.
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redash Member	09-Jul-2008 10:39        redash About Contact  Quote this Post!
x 0   x 0  Alert Admin	But are the locusts gone yet? That is my greatest concern to this counter... Cuz I happen to scan this one this morning... and after some observation, see that each time it rose... swarm of locusts come to feast on watever gains... Can tell me more abt this counter?
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CWQuah Master	09-Jul-2008 10:32        CWQuah About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	The previous posting's date was 13 May. Way over liao.
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redash Member	09-Jul-2008 10:21        redash About Contact  Quote this Post!
x 0   x 0  Alert Admin	Woah, now I read this news and see the stock..   No wonder it attract swarms of locusts (READ Shortists)... looks like today's gain will be gone ...
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ruanlai Master	13-May-2008 14:33        ruanlai About Contact  Quote this Post! Style: Fundamental   Mood:
x 1   x 0  Alert Admin	Synear Food's Chengdu temporary suspend production due to safety consideration by Singapore Research Team We just confirmed with Synear Food's management that its Chengdu plant with annual capacity of 80,000 tonnes temporary suspended production after the earthquake. Buildings, machineries and workers were not hurt by the earthquake. Current production suspending was just due to the safety consideration. Management indicate that they will monitor the situation and re-open the Chengdu plant in a day or two. We expect share price will come under pressure in near term given concerns over the disruption of operation as well as raw materials supply.
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