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oppa49 Member	25-Feb-2013 07:57        oppa49 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You should not stereotype all s-chip. Do your homework on cmz first and not scare others. Octavia      ( Date: 24-Feb-2013 16:47) Posted: My advise is to trade with caution  surrounding Chinese companies listed on the SGX. Embezzlement, forgery, accounting fraud had been the order of the day. Frauds were perpetrated by Chinese citizens and facilitated by mostly Singaporean and Malaysian securities promoters. Receivership processes have been stalled by uncooperative management and employees of mainland China subsidiaries. In addition, local Chinese authorities have made it difficult for the receiver to take possession of and manage the mainland China subsidiaries, including the sell off of their assets. Since all of these Chinese companies have their business operations in mainland China, prosecution by Singaporean authorities of Chinese perpetrators will be difficult since there is not extradition treaty between China and Singapore. My painful lesson was from  FerroChina which I bought at $1.70 in 2008.The company went belly up and delisted.Money all gone.During those time,CAO,ChinaFishery and PeoplesFood just to name a few were all trading $2-5 region..alas now you see how much they have tanked.Hope that this counter will not  suffer the same fate. Good luck and do your homework.
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Octavia Elite	24-Feb-2013 16:47        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	My advise is to trade with caution  surrounding Chinese companies listed on the SGX. Embezzlement, forgery, accounting fraud had been the order of the day. Frauds were perpetrated by Chinese citizens and facilitated by mostly Singaporean and Malaysian securities promoters. Receivership processes have been stalled by uncooperative management and employees of mainland China subsidiaries. In addition, local Chinese authorities have made it difficult for the receiver to take possession of and manage the mainland China subsidiaries, including the sell off of their assets. Since all of these Chinese companies have their business operations in mainland China, prosecution by Singaporean authorities of Chinese perpetrators will be difficult since there is not extradition treaty between China and Singapore. My painful lesson was from  FerroChina which I bought at $1.70 in 2008.The company went belly up and delisted.Money all gone.During those time,CAO,ChinaFishery and PeoplesFood just to name a few were all trading $2-5 region..alas now you see how much they have tanked.Hope that this counter will not  suffer the same fate. Good luck and do your homework.
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ynnek1267 Master	24-Feb-2013 13:45        ynnek1267 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wahahaha!!!! Your eye is as sharp as me. Next week will fly up to 1.36 to let broker to revise their target price. Wahahaha!!!!
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ykinvestor Member	24-Feb-2013 13:41        ykinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	In the  longer term China Minzhong (CMZ) can potentially hit 2 SGD or more. These few factors  can contribute to a much higher price target i.e > 2 SGD. Very undemanding/undervalued current  Price per earning (PE) value of 4.3 - at 1.175 it has a very undemanding (undervalued)  PE which about about 4.3,  We know it has a low PE  probably due to people's perception  about S-Chip shares regarding the corporate governance concerns. But CMZ should not have this concern because they have these famous instituitions and funds, GLC as well as Indoofood owning the CMZ shares. - Indofood is now  the biggest shareholder of  CMZ with 14.95% of total shares. An established corporate with a majority stake can, moreover, provide checks and balances for its cash business domestically and capex plans. The main thing to watch now is the number of board seats that Indofood will be taking up in CMZ. http://sbr.com.sg/food-beverage/more-news/heres-how-china-minzhong-will-benefit-indofood-deal - The GLC and other well known instituitions and funds owning CMZ shares are here  http://investors.morningstar.com/ownership/shareholders-major.html?t=C1M& region=DEU& culture=en-us  - Olympus Capital Holdings sold 10% stake CMZ  to institutional funds and high net worth investors through a vendor shares placement in Dec 2012 http://www.shareinvestor.com/news/news.html?source=si_express& nid=55859 -J.P. Morgan (S.E.A.) Limited owns 40 millions CMZ shares : http://www.shareinvestor.com/news/news.html?source=si_express& nid=33741 If Wilmar (an integrated agribusiness group  http://www.sharesinv.com/F34/search/) can have a PE of 15 why not CMZ. If  CMZ's has a PE of  8 (which is only half of Wilmar's PE of 15), its potential fair price would be over 2.20 SGD. Great growth prospects : - The biggest potential to the stock is the the most immediate opportunity is for CMZ to supply air dried vegetables to Indofood.   The quote from the Standard Chartered Equity Research (http://www.scribd.com/doc/126504432/China-Minzhong-Food-Corp-OUTPERFORM-Indofood-Investment-Reinforces-the-Value-of-Minzhong-20-02-13-15-55) :- " CMZ management said that Indofood produced 15bn packets of instant noodles in 2012 andeach pack requires about RMB 0.60 worth of air dried vegetables. This makes Indofood's wallet for air dried vegetables at RMB 9bn. If Indofood allocates 10% of its wallet to Minzhong, it would represent 30% of the latter?s 2013E sales" - Indonesia has over 240 milion population and is projected to lead the South-East Asian countries with a growth rate of 6.4% from 2013 to 2017 - http://biz.thestar.com.my/news/story.asp?file=/2013/2/23/business/12747648& sec=business -The Consumer led GDP growth in China should be good for CMZ http://www.economist.com/blogs/freeexchange/2012/10/rebalancing-china http://www.chinadaily.com.cn/bizchina/2011-03/22/content_12208548.htm http://usa.chinadaily.com.cn/business/2011-03/21/content_12202118.htm -Maybank KE says they continue to like Minzhong for its growth prospects. They are looking at an average of 15% EPS growth for the next three years    (The 15 % EPS growth  figure quoted was before Indofood came into CMZ) http://www.nextinsight.net/index.php/story-archive-mainmenu-60/916-2012/6200-china-minzhong-cordlife-what-analysts-now-say Potential first dividend from the share placement proceed. -The 89 million raised through the placement to Indofood will strengthen CMZ's ability to pay dividends in FY13. http://www.nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/6479-china-minzhong-serial-system-what-analysts-now-say With the fundamental value of Minzhong?s business and CMZ's Strategic alliance with Indofood to pursue potential opportunities Don't you think  CMZ deserves a rerating and commands a higher PE and higher fair price value. Don't forget its share price   had hit 1.90 SGD some time in Mar 2011 before What are your comments ? PS : CMZ recent chart readings http://www.shareinvestor.com/news/news.html?source=si_express& nid=58037 http://www.shareinvestor.com/news/news.html?source=si_express& nid=57966 http://www.shareinvestor.com/news/news.html?source=si_express& nid=57921 ynnek1267      ( Date: 23-Feb-2013 17:09) Posted: Yamada 28cents? Minzhong shall worth 2 dollars. Wahahaha!!!!! Popiah king 9 mil? Nothing lah. Salim group 85milloon on minzhong. Hoosay      ( Date: 23-Feb-2013 16:41) Posted: Good for u bro... just went in cmz again to ride the wave.
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ynnek1267 Master	23-Feb-2013 17:09        ynnek1267 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yamada 28cents? Minzhong shall worth 2 dollars. Wahahaha!!!!! Popiah king 9 mil? Nothing lah. Salim group 85milloon on minzhong. Hoosay      ( Date: 23-Feb-2013 16:41) Posted: Good for u bro... just went in cmz again to ride the wave.. nokolosti      ( Date: 22-Feb-2013 16:53) Posted: Hahaha i bought both of them actually Yamada and CMZ. Popiah and indomee my next favourite food liao.
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Hoosay Member	23-Feb-2013 16:41        Hoosay About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good for u bro... just went in cmz again to ride the wave.. nokolosti      ( Date: 22-Feb-2013 16:53) Posted: Hahaha i bought both of them actually Yamada and CMZ. Popiah and indomee my next favourite food liao.  ynnek1267      ( Date: 22-Feb-2013 15:57) Posted: ????? Don't know what you write. Wahahaha!!!! Next time, don't follow your no ball Xin Shifu lah. So sour grape, after sold it at 1 dollar, bei song, expect to collect low at 90cents, where got so good thing. Wahahaha!!!!! Indomee surely beat popiah pi!!
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nokolosti Member	22-Feb-2013 16:53        nokolosti About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hahaha i bought both of them actually Yamada and CMZ. Popiah and indomee my next favourite food liao.  ynnek1267      ( Date: 22-Feb-2013 15:57) Posted: ????? Don't know what you write. Wahahaha!!!! Next time, don't follow your no ball Xin Shifu lah. So sour grape, after sold it at 1 dollar, bei song, expect to collect low at 90cents, where got so good thing. Wahahaha!!!!! Indomee surely beat popiah pi!!! ballball      ( Date: 22-Feb-2013 15:50) Posted: Amitabha...shi zu, ni wan xing le..
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nokolosti Member	22-Feb-2013 16:50        nokolosti About Contact  Quote this Post!
x 0   x 0  Alert Admin	CHINA MINZHONG up today 1.175 hopefully can hit 1.8 before close    even better 1.85  Resistance at $1.2 and fibo target price   1.245 But i think i'll keep holding even if hit 1.245 its a good company fundamentals quite good sia.
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ynnek1267 Master	22-Feb-2013 15:57        ynnek1267 About Contact  Quote this Post!
x 0   x 0  Alert Admin	????? Don't know what you write. Wahahaha!!!! Next time, don't follow your no ball Xin Shifu lah. So sour grape, after sold it at 1 dollar, bei song, expect to collect low at 90cents, where got so good thing. Wahahaha!!!!! Indomee surely beat popiah pi!!! ballball      ( Date: 22-Feb-2013 15:50) Posted: Amitabha...shi zu, ni wan xing le... ynnek1267      ( Date: 22-Feb-2013 15:42) Posted: You see, follow you Xin shifu, become no ball. Wahahaha!!!
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bishan22 Elite	22-Feb-2013 15:54        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Boat oredi zooming liao. 1.20 coming up.  bishan22      ( Date: 21-Feb-2013 16:00) Posted: Now swimming against SSE red tide. Dont miss the boat again.
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ballball Master	22-Feb-2013 15:50        ballball About Contact  Quote this Post!
x 0   x 0  Alert Admin	Amitabha...shi zu, ni wan xing le... ynnek1267      ( Date: 22-Feb-2013 15:42) Posted: You see, follow you Xin shifu, become no ball. Wahahaha!!!! ballball      ( Date: 22-Feb-2013 07:27) Posted: "jing shui bu fan he shui he shui bu fan jing shui" !!! Dun understand?? haha nvm lor..
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ynnek1267 Master	22-Feb-2013 15:42        ynnek1267 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You see, follow you Xin shifu, become no ball. Wahahaha!!!! ballball      ( Date: 22-Feb-2013 07:27) Posted: "jing shui bu fan he shui he shui bu fan jing shui" !!! Dun understand?? haha nvm lor... ynnek1267      ( Date: 22-Feb-2013 06:33) Posted: Wahahaha!!!! Got clown call him xifu. Wahahaha!!!!
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Peter_Pan Supreme	22-Feb-2013 15:34        Peter_Pan About Contact  Quote this Post! Style: Flexible   Mood: Yells: "did you order dunkin' donuts"
x 0   x 0  Alert Admin	Good move up!
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ynnek1267 Master	22-Feb-2013 15:24        ynnek1267 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1.165. Shall break 1.175 and move to rally week on next week. Wahahaha!!!
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ykinvestor Member	22-Feb-2013 12:55        ykinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another chart analysis - Short term view = rise : Medium  term view = bullish http://www.shareinvestor.com/news/news.html?source=si_express& nid=58037 http://www.shareinvestor.com/news/news.html?source=si_express& nid=57966 ykinvestor      ( Date: 22-Feb-2013 11:59) Posted: A recent chart analysis at the link here http://www.sharesinv.com/articles/TC3006521/ xing78      ( Date: 22-Feb-2013 03:40) Posted: there are always opportunity to go long in this counter. i dunt think the time is now. use the charts wisely. take the analysts report as a reference only. my tp for cmz still stands at 90c for this correction. good luck :p
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ynnek1267 Master	22-Feb-2013 12:09        ynnek1267 About Contact  Quote this Post!
x 0   x 0  Alert Admin	China wave coming soon!!!!
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ykinvestor Member	22-Feb-2013 11:59        ykinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	A recent chart analysis at the link here http://www.sharesinv.com/articles/TC3006521/ xing78      ( Date: 22-Feb-2013 03:40) Posted: there are always opportunity to go long in this counter. i dunt think the time is now. use the charts wisely. take the analysts report as a reference only. my tp for cmz still stands at 90c for this correction. good luck :p
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ballball Master	22-Feb-2013 07:27        ballball About Contact  Quote this Post!
x 0   x 0  Alert Admin	"jing shui bu fan he shui he shui bu fan jing shui" !!! Dun understand?? haha nvm lor... ynnek1267      ( Date: 22-Feb-2013 06:33) Posted: Wahahaha!!!! Got clown call him xifu. Wahahaha!!!!! ballball      ( Date: 22-Feb-2013 05:35) Posted: Some pioneer here may be more realistic n accurate than so-called analyst. One of them is Sifu Xing ye.
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ballball Master	22-Feb-2013 07:22        ballball About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oic, so the dxxxxy is here!!! kekekekeke ynnek1267      ( Date: 22-Feb-2013 06:33) Posted: Wahahaha!!!! Got clown call him xifu. Wahahaha!!!!! ballball      ( Date: 22-Feb-2013 05:35) Posted: Some pioneer here may be more realistic n accurate than so-called analyst. One of them is Sifu Xing ye.
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ynnek1267 Master	22-Feb-2013 06:51        ynnek1267 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let's hope SSE bounce back on Friday. Minzhong. Huat ah!!!!!
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