I am holding fabchem 51 lots at average price 0.56, global testing 140 lots at average price 0.244 and lma 28 lots at average price 0.635..Any advice?

( ShareJunction Request & Review 6 )( By Simon Loh )( Wed )( 14 Feb 07 )

( A )  General Reply à

Forumer à  Ed88ks  ( Posted 5 Feb 07, 0409 hrs ).

You asked for my email address, apologize for the long waiting, here it is à simonloh2001@yahoo.com.sg , if you have send an email to me, pls also alert me in sharejunction ( this topic ), cos I don?t view that Email A/C often !  Thanks !

( B )  Review Reply à

Forumer 14 à Davecsh  ( Posted 4 Feb 07, 2225 hrs )

I've bought Plastoform at 0.245 (20lots) in Jan'07 and since has slipped down to 0.235. I was thinking of averaging the purchase with another 20lots at 0.235 but was worried that it may go down further. Hope u can give me some advise for this counter. 

You bought ( Plastoform )( S$0.245 )( Jan 07 )( 20 Lots )( S$4,900 )

Currently ( 13 Feb 07 )( S$0.215 )( Down 12% in 1 mth )( Hence, lost per mth 12% ).

You Loose  = $30 X 20 Lots = $600 ( Ex Comm ).

This counter has dropped & stabilized at around $0.215.  Currently is in LOW cycle, you may get another 20 lots as suggested by yourself.  If you can get $0.215 or at a lower price is even better. ( Note : Try to pick an uptrend moving stock in future if you can ).

Forumer 15 à Kovan8 & Chaihock  ( Posted 5 Feb 07, 0554 hrs & 5 Feb 07, 1047 hrs respectively )

Kovan8 à Can you plse give your views on Pine Agritech. I have loaded at 0.65.

Chaihock à I still holding 50lots of PineAgriTech @.64cts this is able to cheong-up to .88cts.

( A )  Pine Agritech Fundamental à

1.  Pine Agritech à ( Company?s Background and Information ) :

The Group is principally engaged in the manufacture and sale of soybean-based products such as soy protein isolates, soybean oil and soy oligosaccharide syrup. It has three production plants located in Linyi, Shandong province, Fujin and Daqing in Heilongjiang Province, China. Its vertically-integrated manufacturing process allows the Group to maximize the use of soybean raw material and reap economies of scale benefits. The Group is in a good position to capitalize on continuing global demand for soybean-based products due to its nutritional quality. Its customers include meat processing manufacturers, manufacturers of soybean oil, and retailers of soybean oil and soy oligosaccharide syrup.

2.  Pine Agritech à ( Company?s Financial Status ) :

2005 Dec à Profit Approx RMB 235 Millions ( Approx S$46 Millions )à Fundamentally Good & Healthy Sign !

( B )  Pine Agritech Technical à :

1.  Current share price à S$0.665 ( 13 Feb 07 ).

2.  Ave Volume for the last 3 Mths à 19,080 Lots per day à Technically Healthy Volume.

3.  Value for the last 3 Mths à S$13,165,116 per day à Technically Healthy Value.

( C )  Observation & Comments :

1.                  Forumer Kovan 8 à

You bought ( Pine Agritech )( S$0.65 )( No bought date or lots given )

Currently ( 13 Feb 07 )( S$0.665 )( Up 2% )

You Gain  = $15 X ? Lots = $ ? ( Ex Comm ).

2.                  Forumer Chaihock à

You bought (Pine Agritech )( S$0.64 )( Date : XXX )( 50 Lots )( S$32,000 )

Currently ( 13 Feb 07 )( S$0.665 )( Up 4% )

 You Gain  = $25 X 50 Lots = $1250 ( Ex Comm ).

Stock Pine Agritech à The company is currently in the profit & are both fundamentally & technically sound !  This stock is also in the uptrend mode since listed in early May 2005 ( Approx 1yr & 9 mths ago ) till now.  It has risen from a low of $0.126 in 1 Jun 05 to a high of $0.69 in 9 Feb 07 gaining some 448% over the last 1 yr 8.5 mths.  That is about 22% gain every mth for the last 1 yr plus ( eg. 262% gain a yr ).  This is just one example why I have always told people in the Forum to BUY STOCK IN THE UPTREND MODE as you can see from here !  It is always safer & you have a lower risk of loosing your money ? even if you hardly had the time to monitor them !  It will still grow steadily and smoothly during your every night sleep ? how wonderful it is ?. !  But you also must look out should there be any sudden market changes as we are in this Dynamic Stock Market ! In the longer term ( from now to the next few mths ), you may still INVEST in it.  In the shorter term ( now to the next 1-2 weeks ), it may still be a bit soft as it is still in its minor correction phase.  Wait till it finished its correction & stabilized, and then you may consider to go in !  That way is better ! Good Luck !

Forumer 16 à Maxtwl  ( Posted 5 Feb 07, 1152 hrs )

Anyone has views or comments on Tiong Woon Corp. They are in cranes and engineering business and if construction shld do well, I think they should do well too. Recently entered the Saudi Arabia Market... 

( A )  Tiong Woon Fundamental à

1.  Tiong Woon à ( Company?s Background and Information ) :

 The Group's origin started in 1978 and is a specialist in the provision of heavy lift, heavy haulage and marine transportation services.  Principal activities are ( a ) Heavy lift and haulage services ( b ) Trading of heavy equipment and spare parts ! 

The Group's heavy lift and haulage services are carried out through its wholly-owned Subsidiaries,

2.  Tiong Woon à ( Company?s Financial Status ) :

2002 Dec à Profit Approx S$5 Millions

2003 Dec à Profit Approx S$3 Millions

2004 Dec à Profit Approx S$9 Millions

2005 Dec à Profit Approx S$10 Millions

2006 Dec à Profit Approx S$9 Millions

Though the lastest financial result ( 2006 Dec )  dropped by about 10% from its previous yr ( 2005 Dec ), generally, as a whole à Fundamentally Still Good & Sound !

( B )  Tiong Woon Technical à :

1.  Current share price à S$0.415 ( 13 Feb 07 ).

2.  Ave Volume for the last 3 Mths à 3,443 Lots per day à Technically Healthy Volume.

3.  Value for the last 3 Mths à S$1,480,609 per day à Technically Healthy Value.

( C )  Observation & Comments :

The company is in the profit and it?s stockis both fundamentally & technically sound and in the up trend mode !  Currently is in its cycle high.  If you wish to buy this stock, you may like to wait another 1-2 weeks till its price completed its drop & stabilized off !  Projected good to enter at around $0.38 - $0.40 price range.  Of course, if you can queue for a lower price than the above is better !

Forumer 17 à Nipang  ( Posted 5 Feb 07, 1325 hrs )

I need your advice on China Kangda. I just bought 20 lots at 0.41 this morning but the price kept dropping. Profit warning coming?

You bought ( China Kangda )( S$0.41 )( 5 Feb 07 )( 20 Lots )( S$8,200 )

Currently ( 13 Feb 07 )( S$0.41 )( Down 0% in 1.5 weeks )( Hence, lost per mth 0% ).

You Loose  = $0 X 20 Lots = $0 ( Ex Comm ).

I have advised you on this counter before in my earlier reply dated ( Thur )( 1 Feb 07 ).  Perhaps, you have misunderstood when is said uptrend soon !  I am actually referring that it is going to have a short CYCLE  MOVE UP soon.  I have also advised you NOT to buy stock that is in the down trend mode ( and also advised you to hold & then sell it away at the next cycle high ) , its like trying to catch a FALLING KNIFE.  I have told you on 1 Feb 07 NOT to do it but on the 5 Feb 07 ( 4 days later ), you go an get another 20 lots.  This is an unwise move.  Is it because you did not read my reply ? ??? most likely as I did not see you response back ??? You might have lost track on so many forum messages, however, if you cannot remember or lost track, it is SUGGESTED that you take down notes or record somewhere on the date & time that you ask & go back again to check on the reply !  Even if you are trying to cost averaging down is also unwise cos you DO NOT KNOW when the rock bottom is as it is in its down trend mode.  If you continue NOT to take advice in this kind of SERIOUS STAGEDY MISTAKE, you will have to bear all the responsibilities and consequence yourself and I may also not be able to advise you further in the future !  Currently this stock is still in its down trend & also down cycle mode, there is really nothing much you can do !  Per your last sending, you have also bought this counter at $0.525.  You did NOT mention bought what date & how many lots, but I guess should be in early Dec 06 timeframe ( 2 mths ago ).  As you can see, the FUTURE for buying a down trend stock is DOWN, DOWN & DOWN ?. !  Either you want to CUT LOSS at the cycle high or you may want to continue wait, wait & wait ?. !  By then what price would that be in future, I also do not know, all I know is it is still in its down trend mode ? situation DOESN?T seem well !   You make your own decision from here !      

_____________________________               

My Review Ends at Forumer à Nipang dated ( 5 Feb 07 )( 1325 hrs ). 

Will carry on Forumer à SoonChew?s request dated ( 6 Feb 07 )( 2050 hrs ) on Counter Aqua-Terra at a later stage when I have the time !

Regards

Simon Loh

( Wed )( 14 Feb 07 )( 1720 hrs )

____________  END  ____________

_____________________________

My Review Ends at Forumer à Nipang dated ( 5 Feb 07 )( 1325 hrs ). 

Will carry on Forumer à SoonChew?s request dated ( 6 Feb 07 )( 2050 hrs ) on Counter Aqua-Terra at a later stage when I have the time !

Regards

Simon Loh

( Wed )( 14 Feb 07 )( 1700 hrs )

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