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Sino Techfibre

choonmng
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23-Sep-2009 16:30

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This stock have been hoving at 0.175-0.19 range... seems to be a mini W in the making...
Any sifu can comment if it is time to go long for this?

ezy123 ( Date: 11-Sep-2009 18:12) Posted:

Hi,

Few days back bought it at 0.185 cents guess it is a bit to high... should have waited till 0.175 cents. Anyway i wait for a few cents upwards before i unload.

This a good stock to hold, but i have also observe the chinese stocks are a bit volatile at the moment so i just buy and sell in small volumes at the moment untill the chart looks more favourable.

regards

ezy

Global Penny News www.stockkit.info

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ezy123
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11-Sep-2009 18:12

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ezy123
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02-Sep-2009 10:51

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Hi

expected this stock to go up but not so soon their audit report is negative for this year.

Let see if it drops back at 0.175 cents consider buying again. The chart looks flat at the moment.

regards

ezy

Global Penny Stocks News www.stockkit.info

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jlkc007
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02-Sep-2009 10:18

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Hi, your dead cat is alive !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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jackjames
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15-Oct-2008 14:15

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all the 1 dollars stock, if crash to <10 cents, I don't mind to buy and hold for dead cat rebound...

I can't imagine synear last time, everybody said, what olympics distributer of what dumplings, phiu... from 2.70 all the way below 20 cents..

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weehewee
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15-Oct-2008 12:47

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0.150	683		0.155	170
0.145	553		0.160	193	--
0.140	672	--	0.165	266
0.135	106	--	0.170	871
0.130	120	--	0.175	915
0.125	15	--	0.180	462	--
0.120	415	--	0.185	174	--
0.115	5	--	0.190	110	--
0.110	35	--	0.195	38

Nice build up at 0.15 with 672lots...heard people from CNA is doing some co-ordinated buy up with the recommendation from CMIB..

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Andrew
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15-Oct-2008 11:00

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Hi ilovebull, Thanks!! Lucky sold Sino and Synear sometime back. And I never touch ChinaNT as my chinese friend say china got a super property bubble........

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ilovebull
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15-Oct-2008 10:48

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These are the companies :

Ferrochina

China New Town

Delong

China Energy

Synear Food Holdings

Sunshine Holdings

China Hongxing

Sino Techfibre

Contel Corp

China Hongcheng

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Andrew
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15-Oct-2008 10:32

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BTW Jack, who are the top 10 negative cash flow finalists ? Can share ? I really missed that........

jackjames ( Date: 15-Oct-2008 10:14) Posted:

yesterday news, sinotech, and synear are the top 10 of negative cash flow.... of course Ferrochina are the number 1...

i think that affects the stock price... both counter now below 20 cents... and yet, our Jim Rogers always said bull in china, phiu..

now he said, bull can be at Cambodia, North Korea and Myamar... whatever he said la.. he was wrong for 3 things already...

(1) China market crash

(2) Commodities price crash

(3) US dollar slowing inching up..

so, wake up, Mr. Roger..

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Andrew
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15-Oct-2008 10:27

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Yalor, FC effect.

Jim still think angmo fart in Singapore still smell like perfume.......double phiu phiu.

jackjames ( Date: 15-Oct-2008 10:14) Posted:

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weehewee
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15-Oct-2008 10:27

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0.145	626		0.150	79
0.140	652	--	0.155	85	--
0.135	156	--	0.160	178

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weehewee
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15-Oct-2008 10:18

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0.150	46		0.155	85
0.145	626	--	0.160	178	--
0.140	552	--	0.165	186

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jackjames
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15-Oct-2008 10:14

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weehewee
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15-Oct-2008 10:11

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from the market depth, it seems to have more potential moving up.

Bid	Bid Vol		Ask	Ask Vol
0.145	616		0.150	94	--
0.140	562	--	0.155	85	--
0.135	156	--	0.160	228	--
0.130	70	--	0.165	186	--

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weehewee
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15-Oct-2008 10:09

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CIMB recommend out performer after profit guidance.

http://www.remisiers.org/research//SinoTechfibre-131008%5B1%5D.pdf

Andrew ( Date: 13-Oct-2008 23:11) Posted:

They spend 600M RMB on equipment and plant upgrade. A bit high don't you think.

Cash is 171M RMB as of Aug14.

CIMB today buy call @75cts from 1.23.....I think they or their preferred customer are stuck with alot of sino stock.

Top 20 Shareholder:

Merit Asia Int Ltd 60.73%

UOB Nom PL 6.06%

Citibank Nom S PL 4.61%

DB Nom S PL 3.74%

HSBC S Nom PL 2.31%

Yeap Lam Hong 1.52%

.....CIMB-GS Sec. PL 0.45%

Plus all the major securities houses in SIN.........

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Andrew
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13-Oct-2008 23:11

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Rodentang
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13-Oct-2008 17:02

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anybody know what happen? someone know the insider news? share drop 30% at one day, 0.14..terrible!

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jackjames
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13-Oct-2008 16:53

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$0.14????

no way, drop until like chinaoiltech ????

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jackjames
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12-Oct-2008 12:56

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just released a profit guidance, in other words, profit warning... beware.

3Q results would be released on November 14, 2008...

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jackjames
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10-Oct-2008 14:52

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this counter is not spared too.

bh704428 ( Date: 19-Sep-2008 10:31) Posted:

Now trading at 29.5 to 30 cents oredi. Those that bought heavily even at 25.5 to 26 cents few days ago are greatly rewarded now!

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