Latest Forum Topics / Weiye | Post Reply |
Weiye - Property Developer in Henan/Hainan
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think2profit
Senior |
20-Mar-2013 09:43
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The price stabilized at around 4.4cts yesterday and i bought some to avg my cost down. Many of its projects are reaching TOP  and I would expect analysts will start to take notice of its nice projects in Hainan Island..a beautiful place for the rich northern chinese and russians..   |
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Bopanha
Master |
11-Mar-2013 11:02
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Wow, that means this counter will shoot up again soon.   Considering that they have booked the RMB53m and more TOPs obtained, if it can achieve RBM40m to 60m coming half, it is certainly very undervalued prospectively.   Reading the financial report released last week, I can see its equity have risen by an encouraging good margin.   Buy now and don't worry just because one single party is selling, lol...
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think2profit
Senior |
11-Mar-2013 10:51
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It sold a piece of small land in Jan 2013 with profit of RMB53m and therefore we should see profit in 1Q. A few projects will go TOP in Jun 13 and it would recognize their rev/profit in 2Q. Cooling measures does not affect its ppty dev in Heinan island which China gov has earmarked it as tourist's place. It is a great entry price compared against > 7cts just last week.
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louis_leecs
Elite |
11-Mar-2013 09:47
Yells: "half cash" |
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空 头 套 白 狼 | ||||
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iPunter
Supreme |
10-Mar-2013 19:50
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This counter really dropped like sheet... Really " kia see lang" ...  | ||||
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Bopanha
Master |
10-Mar-2013 19:33
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Company only made a profit of RMB 40 million as against previous year's hundred over million.   This is explained because of cooling measures in China.   However though it has made 40 million yuans in profit, people are unsure and worried if whether the next reporting will be a loss.   Nobody can tell actually.  Honestly and fairly speaking, for a small property counter (they also in other businesses), making 40 million profit is quite a big deal already.   If it had made the same profits like previous year, I think the price of this counter will shoot to 30 cents at least. Nevertheless, price has already been played down.   So it is time to reconsider whether to accumulate or to throw.   Happy trading.
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cheongsl
Master |
09-Mar-2013 15:05
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I believe not only profit guidance, also Hainan property are overhot, and there are many unsold property in Hainan. If the development can't transform into cash, it will only be dept for the company to clear. Thus believe some institute player have release the counter  after serious consideration that cause the volume to surge so high and price drop so much.
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Hulumas
Supreme |
08-Mar-2013 18:09
Yells: "INVEST but not TRADE please!" |
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Is that ethical and fair?
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Hulumas
Supreme |
08-Mar-2013 17:57
Yells: "INVEST but not TRADE please!" |
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Is that ethical?
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Bopanha
Master |
08-Mar-2013 16:40
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" MUST SELL order"   by some players getting out of the counter!!  | ||||
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Bopanha
Master |
08-Mar-2013 16:36
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High time to cut loss.   Reason..no reason except profit guidance has been found but price dropping.   | ||||
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Bopanha
Master |
08-Mar-2013 14:52
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According to the answers in reply to query by SGX,   the standard answers were given.   Actually SGX queries regarding volumes of trading really redundant in today's trading world.   Nothing if ever there is anything, can really be spotted by questioning. Laws or regulations should be re-examined if there is a feeling that they were insufficient necessitating queries on trading volumes and sudden price movements that anyone with large amount of money can do that and not the directors or insiders.   Cheers.
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Hulumas
Supreme |
08-Mar-2013 14:41
Yells: "INVEST but not TRADE please!" |
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Is the business prospect turning sour too?
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Bopanha
Master |
08-Mar-2013 14:34
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Did you load or are just asking players to load? I will be surprised if you really load because this counter always only on sparodic play, and easily manipulated. Can easily push up to 7.5 cent or push down to 3.5 cents. Recent few occasions play good volume then stopped.   I believe this is due to some insiders selling?? or resignations causing divestment by the resigning persons.   Guess work. CHeers. 
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srichipan
Master |
07-Mar-2013 22:27
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Their profits dropped 74% right? | ||||
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think2profit
Senior |
07-Mar-2013 22:00
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Nothing wrong with Weiye from the announcement.  It could be due to married deal of 29m @ 5.5cts in the morning.  I took the opportunity to buy  200 lots @ 5.6cts each.  Will monitor over next few days and continue to add to avg cost down. 
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Hulumas
Supreme |
07-Mar-2013 17:38
Yells: "INVEST but not TRADE please!" |
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O....oh huge capital paper  loss by today, awaiting price to go further down to < Sgd. 0.038 then do money cost averaging again.
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srichipan
Master |
14-Feb-2013 21:38
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Thanks for sharing. I have added this to my watchlist. Btw they are expected to announce lower profits this coming march right? Think I will buy after that announcement. Their peak is usually in 4th quarter around may which I think fellow bro has mentioned in the earlier post.  | ||||
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Hulumas
Supreme |
06-Feb-2013 23:30
Yells: "INVEST but not TRADE please!" |
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Okay, get it. The huge buying game will start tomorrow.
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think2profit
Senior |
06-Feb-2013 20:35
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95% shares are controlled by 20 major shareholders who should have bought the shares at much higher price. It will just take a bit of volume to drive price up to 20cts. One word during bull run now: BUY!
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