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China Minzhong Food forum
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khlixin
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29-May-2012 08:58
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I wonder if only one bb plays itself on this stock to create momumtum ?
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Bintang
Elite |
28-May-2012 17:48
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Its momumtum is weak now .
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khlixin
Member |
28-May-2012 14:50
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Will it likely or able to go thr 60 cts this week ?
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churnw
Senior |
28-May-2012 13:42
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it rebounding .... up up up... | ||||
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JesseTyler
Member |
28-May-2012 10:53
Yells: "MONEY MONEY MONEY !!!" |
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I expect CMZ to fall to close to $0.50 in this 2 weeks .
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khlixin
Member |
28-May-2012 10:46
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ya,time to pick up some @ such low price.
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orangejuice2
Member |
27-May-2012 16:15
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I think CMZ likely to fall further soon
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sk6666
Veteran |
27-May-2012 10:57
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yap! in fact I collected a small qty   on 16 oct 2008 at 29c to test water.
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khlixin
Member |
26-May-2012 19:32
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I checked and the lowest price of YZJ was 27 cts, and it traded in Oct 08. Please let me know if I am wrong. Thanks.
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whencanchange
Member |
26-May-2012 17:45
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cosco bottomed in March 2009.and not during 2008.  
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whencanchange
Member |
26-May-2012 17:40
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you are blur dreaming! YZJ has never hit 35 cts b4 in their 5 years listed in SGX! So how did u sell at the price of 35 cts for YZJ?!  lol
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khlixin
Member |
26-May-2012 16:26
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I sold off YZJ when it dropped to 35 cts, and see what is the price now. So, All depend on individual co. If big bb willing to hold and take risk, just follows the trend. Good luck.
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churnw
Senior |
26-May-2012 16:03
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this case is like 2008, when cosco and yanlord  drop to 0.60....... then it raise back to $1 plus...... this company still in profit and temporary sold down due to europe issue. I believe it will raise back to it value..... somemore GIC got stake in it.. |
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whencanchange
Member |
26-May-2012 13:15
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the prices that the funds got vested is NOT important becos nowadays most funds  LOST money too. Look at was it blackstone that got vested in CAH at around 35 cts......So many forumners were saying how can blackstone buy into something to lose money, they saying SO the delistment price for CAH is a no-brainer common sense must be higher than 35 cts but now the news come out delistment price only 30 cts, hence the FUND lost big money liao. So many other examples Fidelity, Templeton, Prudential, they lost money/huge paper loss   in their stocks investment too. Last time also got 1 BIG FUND invest in China Hongxing at $1.10 plus but CHX plunged to below 30 cts
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khlixin
Member |
26-May-2012 11:17
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This is old infor. Anyway, they only sold off 2% of their holding. They still holding 27.57m shares , about 4.94% of the capital. I just wonder what is the average price they invested ?
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Jackpot2010
Master |
25-May-2012 23:09
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Lim & Tan Securities (25 May): CHINA MINZHONG: yet another  fund manager, Prudential, sold shares and in the  process, ceased to be a substantial shareholder. It sold  575,000 shares on Jan 4th (but only reported yesterday)  when the stock closed at 87 cents. (GAM Singapore  sold almost a million shares on May 11, just before the  release of the disappointing results.) |
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Bintang
Elite |
25-May-2012 21:05
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If the market sentiment is too bad , I think we may see a lower target at 42 cents .
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khlixin
Member |
25-May-2012 16:30
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All market future index are positive now.
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churnw
Senior |
25-May-2012 16:29
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NAV at $1 plus . ... getting the share at a discount of 30 - 40 % is still not that bad..... | ||||
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churnw
Senior |
25-May-2012 16:23
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Yes , got 15 lots at 0.71 . loaded some more 0.59......... but i believe this stock for chance to go back up........ even it goes down ........ chances is low.....   |
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