Latest Forum Topics / China Taisan | Post Reply |
Aoyee ! Aoyee! Ao! Ask Jane for help !!!
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ianong
Member |
08-Sep-2011 17:11
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Any big problem? Why it keep dropping? Tks. | ||||
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ppdghius
Member |
18-Aug-2011 20:54
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Buying opportunity coming again |
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GuavaXF30
Master |
12-Aug-2011 21:04
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2 Q results not so good. Profit plunge 75%.....
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belgeran
Veteran |
22-Jun-2011 11:52
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hmm.. am planning to take the scrips.. i  intend to keep longer than 1 month from now..so i'm keepin the scrips... doubt it will move within the month up to 0.23... or 0.20 for that matter... if u intend to sell off your holdings within  1 month from now, i would suggest taking the cash.. but its up to you =) |
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Ankh82
Member |
22-Jun-2011 00:49
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Hi, For those who r holding ChinaTaisan, I'm sure you have received the letter to choose whether scrip dividend or cash. The pros and cons are already explained here: (http://www.investopedia.com/ask/answers/05/stockcashdividend.asp#axzz1PvgeGjeR). But what are you guys' advice? Just like to hear anyone's opinion. Thanks! =) |
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krisluke
Supreme |
20-May-2011 15:39
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China Taisan too good to be true (CIMB) China Taisan Technology Too good to be true? BUY TP:S$0.23 Price @19/5/11: S$0.14 52-week range (SGD): 0.135 0.24 1Q11: Below Whats up (doc)? 1Q11 below. Sales formed 15% of our full year forecast. Net profit was 12% of full year forecast. 1Q11 performance hurt by revenue decline and gross margin erosion. Cost structure little changed yoy. Hmm .. In our FY10 results note, we highlighted the possibility of more intense competition depressing ASPs which unfortunately came true in 1Q11 results. In addition, 4Q10 performance was boosted by some customers bringing forward their requirements, leading to a 33% qoq and 12% yoy decline in volumes. We believe 2Q11 and 3Q11 could mirror 1Q11s performance which means yoy declines in both quarter given the high base in FY10. We expect Taisan to remain profitable in FY11 though not as high a target as we previously anticipated. ..... So, is it heaven or hell? With 2 unexciting quarters ahead, we cut our target price to S$0.23 (from S$0.39 based on 5.4x CY12 P/E) pegged at parity to CY11 book value. With the TDR proceeds, the Company is sitting on historical net cash per share of S$0.128 or 91% of share price. Debt is just Rmb 40m versus cash of Rmb 779.1m. EV/EBITDA dips below 1x given the net cash of Rmb 739m versus market cap of Rmb 799m. The share price appears to be discounting 1) potential risks relating to integrity/safety of cash balances and 2) possibility that Taisan could be on the cusp of an earnings decline a la FY09 again. Share price could also face some pressure as we understand that major shareholder Mr Choi still plans to reduce his stake from the current 32.3% (as at 16 March 2011) though we believe he will eventually retain a double digit stake in the Company. The other major shareholder, Mr Lin is likely to maintain his current holding of 9.5% in the Company. Planned capacity expansion of 12,000 tonnes (FY12) is likely to go ahead but we believe management may take their time in rolling this out. We do not take this capacity expansion into our revenue forecasts. |
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belgeran
Veteran |
14-May-2011 22:53
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hmm... not fantastic results | ||||
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belgeran
Veteran |
03-May-2011 10:10
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hmms... should collect again at 15c? | ||||
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freeme
Elite |
29-Apr-2011 23:55
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investors just didnt wan to realise the potential in them.. so now back to nice level.. 15cts can in again, when 17-18cts sell it.. 
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warrenbegger
Elite |
29-Apr-2011 22:06
Yells: "Anyhow Buy Anyhow Die ^_^" |
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I advise play safe and run if any surpise come liao. I think px wont drop too much liao, around 0.150 still can hold. The rest u think yourself ba, wait i kanna F**K if i wrong :) Warning S-cheat can cause halt+suspension  or 100%  captial loss, just play those u can afford to throw to drain if u want to risk gain :) Wish those BBs just in dont run road, if want die then die together. I dont hold any S-cheat ATM :)
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belgeran
Veteran |
29-Apr-2011 17:55
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eh.... still holding my 30%... sigh.... on hindsight, should have threw with freeme..haha.. anyhow, the AGM is today... so the results should be out today as well.. ? with china fibretech making a pretty decent earning, i suppose taisan shouldn't fare too badly as well.. ? |
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knightrider
Elite |
29-Apr-2011 17:03
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" Si pa jialet" , after it hit S$0.18 for 1 day and now back to S$0.15 !!! Lousy ! | ||||
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cheongsl
Master |
24-Apr-2011 08:43
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Don't intend to sell until it hit the long term resistance at around 0.23. Current break through  is supported by high volume if it did not retrace to back to 0.17 area to find the  support with previous resistance,  then this might result in breaking of the long term resistance also. Might give up 1/2 of current accumulation at 0.225, if it retrace to around 0.17 and move up to reach around 0.23. |
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freeme
Elite |
22-Apr-2011 09:38
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it doesnt matter small or what.. in terms of percentage maybe u doing much better than me.
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belgeran
Veteran |
21-Apr-2011 17:04
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haha... but i'm a small player... 1 bid only 100-200... not like yours.. i was thinking that this might be the consolidation range and will likely dip back to 0.17 or 0.165 before moving up again.... seems like i'm wrong on that..heh...
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freeme
Elite |
21-Apr-2011 16:57
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Well done.. if i delay selling for 2hrs i can keep another 1.75k.. lol.. always like tat. sell den move higher.. 
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belgeran
Veteran |
21-Apr-2011 16:47
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hmms... sold 70% @ 0.18... wanted to clear all but i stop when i saw them starting to chew 0.185.. |
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freeme
Elite |
21-Apr-2011 15:01
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i clear off all my taisan at 17.5. even i think its still cheap bec they had rebound fr 13 to 18cts so hitting low.. moving high in short term maybe nt easy.. out with 350lots .     |
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belgeran
Veteran |
20-Apr-2011 19:45
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ahh!... wasn't at comp during afternoon :( |
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freeme
Elite |
20-Apr-2011 16:10
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18 le.. back to normalise px range of 17-20cts.. hao xiong di is back.. | ||||
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