Back

Latest Forum Topics / China Minzhong

Post Reply

China Minzhong Post Reply Rate topic
angmohlin Member	17-May-2012 20:38        angmohlin About Contact  Quote this Post!
x 0   x 0  Alert Admin	From Feb to May 12, One foreign institution  accumulating  CMZ shares from 4.92% to 11.11% and in Feb 12 they have  bought 2.139 million shares at $1.14 per share. It seems that  if you are buy now you are smarter than institutions. Something is fishy why the share price crash so much.
Useful To Me  Not Useful To Me
angmohlin Member	17-May-2012 20:24        angmohlin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Please check their annual report thru SGX website.
Useful To Me  Not Useful To Me
khlixin Member	17-May-2012 19:03        khlixin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can anybody confirm that GIC has 16% stake in this co ? Thanks. khlixin      ( Date: 17-May-2012 19:01) Posted: Can anybody confirm GIC has 16% stake in this co ? Thanks. khlixin      ( Date: 17-May-2012 18:46) Posted: No more than 25m shares(less than 5%  of total  issed shares)  traded these few days and the price was pressed down so hard. So may be is the good chance to invest in such a good co. Please do your homework and good luck.
Useful To Me  Not Useful To Me
khlixin Member	17-May-2012 19:01        khlixin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can anybody confirm GIC has 16% stake in this co ? Thanks. khlixin      ( Date: 17-May-2012 18:46) Posted: No more than 25m shares(less than 5%  of total  issed shares)  traded these few days and the price was pressed down so hard. So may be is the good chance to invest in such a good co. Please do your homework and good luck.    churnw      ( Date: 17-May-2012 18:20) Posted: I mean that.... This Company got profit..... and no losses...... Same here 1st time see counter press down to that low........
Useful To Me  Not Useful To Me
khlixin Member	17-May-2012 18:46        khlixin About Contact  Quote this Post!
x 0   x 0  Alert Admin	No more than 25m shares(less than 5%  of total  issed shares)  traded these few days and the price was pressed down so hard. So may be is the good chance to invest in such a good co. Please do your homework and good luck.    churnw      ( Date: 17-May-2012 18:20) Posted: I mean that.... This Company got profit..... and no losses...... Same here 1st time see counter press down to that low........
Useful To Me  Not Useful To Me
churnw Senior	17-May-2012 18:20        churnw About Contact  Quote this Post!
x 0   x 0  Alert Admin	I mean that.... This Company got profit..... and no losses...... Same here 1st time see counter press down to that low........
Useful To Me  Not Useful To Me
neutral Member	17-May-2012 16:49        neutral About Contact  Quote this Post!
x 0   x 0  Alert Admin	yah, very shocking.........In my 4 years in stocks , 1st time see got profit counter NO Loss(somemore outlook  quite ok)  and yet price crash from 84 cts to 58 cts in a few short days...........Really even those sai profit warning lnet osscounters also never crash this badly in a few short days. Some more got BIG FUNDS templeton buy from open market somemore
Useful To Me  Not Useful To Me
churnw Senior	17-May-2012 16:05        churnw About Contact  Quote this Post!
x 0   x 0  Alert Admin	got profit .........no losses.............. big fish sell down . then suddenly push up
Useful To Me  Not Useful To Me
Jackpot2010 Master	17-May-2012 13:38        Jackpot2010 About Contact  Quote this Post!
x 0   x 0  Alert Admin	my guess is rights issue or placement coming. BBs can play this trick - press down the mother share b4 pricing the rights issue and then mob up more rights share to increase their holding %. neutral      ( Date: 17-May-2012 13:16) Posted: very shocking, this good FA counter crash from 84 cts to 58.5 cts just now within a short few trading days........... even other counters that annouce profit warning like Wilmar and Midas also never crash so badly like CMZ..... Anyone knows what is the real reasons for CMZ's crash this past  3 days?? Today market positive but yet CMZ is still dropping despite alrady plunge so much is the past few days
Useful To Me  Not Useful To Me
neutral Member	17-May-2012 13:16        neutral About Contact  Quote this Post!
x 0   x 0  Alert Admin	very shocking, this good FA counter crash from 84 cts to 58.5 cts just now within a short few trading days........... even other counters that annouce profit warning like Wilmar and Midas also never crash so badly like CMZ..... Anyone knows what is the real reasons for CMZ's crash this past  3 days?? Today market positive but yet CMZ is still dropping despite alrady plunge so much is the past few days
Useful To Me  Not Useful To Me
neutral Member	17-May-2012 13:11        neutral About Contact  Quote this Post!
x 0   x 0  Alert Admin	I read from another forum which  1 forumner  said CMZ crashed this few days is becos CMZ missed their earnings forecast on 14th May, can you or any forumner verify is this true or not? angmohlin      ( Date: 15-May-2012 21:53) Posted: Is China Minzhong value for money? Share price of $0.69 has almost reached all-time low of $0.665 and is about 43.44% lower than the NAV of $1.22. Currently this counter is under serious oversold. EPS for the past three years are $0.206, $0.216 & $0.214 respectively. GPM 40.0% to 41.5%. Nowadays, no much company can have so good profit margin. IPO in 2010 at $1.20 per share and all-time high is $1.90. GIC owns 16.91%. Top 20% shareholders owns 97.42%. From Feb to May 12, One  Worldwide Fund Manager  accumulating  shares from 4.92% to 11.11%. I have vested today.
Useful To Me  Not Useful To Me
whencanchange Member	16-May-2012 22:55        whencanchange About Contact  Quote this Post!
x 0   x 0  Alert Admin	u bought how many lots at average what price? BTW, at what price will u cut loss yr CMZ lots without hesistation  if it were to fall to that price? Or u will hold on regardless how low it falls to? angmohlin      ( Date: 16-May-2012 20:43) Posted: From the technical point of view, it may be a good idea to  cut loss and buy back later. Support turned resistance now. Just my 2 cents. I have vested yesterday and now suffered a loss but I will keep for mid/long term since this is a good counter from the fundamental point of view. Consult your broker before action.
Useful To Me  Not Useful To Me
angmohlin Member	16-May-2012 20:43        angmohlin About Contact  Quote this Post!
x 0   x 0  Alert Admin	From the technical point of view, it may be a good idea to  cut loss and buy back later. Support turned resistance now. Just my 2 cents. I have vested yesterday and now suffered a loss but I will keep for mid/long term since this is a good counter from the fundamental point of view. Consult your broker before action.
Useful To Me  Not Useful To Me
whencanchange Member	16-May-2012 13:12        whencanchange About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like quite confirmed will close below 66.5 cts. Now 64.5 to 65 cts so if really close below 66.5 cts today, do u suggest for those vested to cut 1st and wait to buy back at lower levels?? angmohlin      ( Date: 16-May-2012 11:37) Posted: My opinion is that from the fundamental point of view, this is a good counter. PE is around 3.5. The counter is under serious oversold.  At current price, the risk & reward is 1:5. 66.5 cents is very important support. Closing price below that signal cautious.  I may not want to sell off if small rebound in these two days and to keep for at least 20% profit.
Useful To Me  Not Useful To Me
angmohlin Member	16-May-2012 13:00        angmohlin About Contact  Quote this Post!
x 0   x 0  Alert Admin	This counter was well-covered by 9 research houses from foreign & local institutions with the average of target price of $1.58 (ranging from $0.95 to $2.35). The weakness is this counter is not so popular despite earning not bad.
Useful To Me  Not Useful To Me
angmohlin Member	16-May-2012 11:37        angmohlin About Contact  Quote this Post!
x 0   x 0  Alert Admin	My opinion is that from the fundamental point of view, this is a good counter. PE is around 3.5. The counter is under serious oversold.  At current price, the risk & reward is 1:5. 66.5 cents is very important support. Closing price below that signal cautious.  I may not want to sell off if small rebound in these two days and to keep for at least 20% profit.
Useful To Me  Not Useful To Me
whencanchange Member	15-May-2012 23:08        whencanchange About Contact  Quote this Post!
x 0   x 0  Alert Admin	at roughly what price will you sell the CMZ lots that u bought today? angmohlin      ( Date: 15-May-2012 21:53) Posted: Is China Minzhong value for money? Share price of $0.69 has almost reached all-time low of $0.665 and is about 43.44% lower than the NAV of $1.22. Currently this counter is under serious oversold. EPS for the past three years are $0.206, $0.216 & $0.214 respectively. GPM 40.0% to 41.5%. Nowadays, no much company can have so good profit margin. IPO in 2010 at $1.20 per share and all-time high is $1.90. GIC owns 16.91%. Top 20% shareholders owns 97.42%. From Feb to May 12, One  Worldwide Fund Manager  accumulating  shares from 4.92% to 11.11%. I have vested today.
Useful To Me  Not Useful To Me
angmohlin Member	15-May-2012 21:53        angmohlin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is China Minzhong value for money? Share price of $0.69 has almost reached all-time low of $0.665 and is about 43.44% lower than the NAV of $1.22. Currently this counter is under serious oversold. EPS for the past three years are $0.206, $0.216 & $0.214 respectively. GPM 40.0% to 41.5%. Nowadays, no much company can have so good profit margin. IPO in 2010 at $1.20 per share and all-time high is $1.90. GIC owns 16.91%. Top 20% shareholders owns 97.42%. From Feb to May 12, One  Worldwide Fund Manager  accumulating  shares from 4.92% to 11.11%. I have vested today.
Useful To Me  Not Useful To Me

                                                         First   < Newer   41-58 of 58   Last