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China Aviation
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knightbridge
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15-Oct-2008 00:59
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My Assumption is Olympic in China ended and Air travel in china will slow down mean less sales revenue. Also they are going back to deriative trading to hedge the oil commodity ( This is what cause them to go bankrupt before) so some investor may be against it therefore sold the stock But I think it a natural synergy to be involved in hedging for their nature of their business, if not the profit will be flat no exciting factor for the stock. But not to worry this stock got good management behind now so hold (Temasek and BP ). Imagine if your parent is BP and Temasek they willl not let their son do badly in life (reputation perhaps) So this counter will not go broke again. Temasek and BP rescued the company at about 50cent a share if i remember correctly and pay 7 cent dividend this year 2008 I like their stake in Shanghai Pudong Airport investment will be worth alot in 10 years time. Not to worry if you are a long term investor. (HOLD) Big companies like BP and temasek do not throw money away , if they think china aviation got no potiental they will not have rescued in the first place. You need patience for this stock to mature. Give a few more years, business need time to growth. Right now it is still licking their wound. But based on my own 2 cent research it is doing ok. Holding alot cashflow is a requirement for oil trading so do not be to excite to expect big dividend. Looking at current price, it is quite attractive for a handsome gain in a few years time (Market is very volatile, so risk is high) |
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fisherman100kk
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14-Oct-2008 21:54
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Any 1 can advise for this counter. Can't understand why this 1 kana katek so badly. Look @ their cash flow. V. Strong compared to other |
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