its dirt cheap. its NAV is around $0.60

Under value baby + Huge potential to crack $1.00 in mid term.

I strongly recommend you to buy right now and hold it ! It has huge potential.

Milk product is widely used in most food products, and the population of China is 1.3 billion. Each of us everyday are using milk products in one way or another.

The government are working closely with producer to ensure they can meet its growing domestic demands. China Government will try to meet its domestic demand without heavily relying on overseas import. Thats why Joint Venture took place between the coy and PRC government.

This is a True Gem in the making. Furthermore Strict checks are in place from the PRC government to ensure the safety of its milk supply. A recent survey and roadshow has proven its confidence level is returning to its domestic milk products.

Good luck.

 May Everyone HUAT :)

Risktaker,

You are right on the spot.  Will buy some more on Monday

I "Might" massively buy in China Milk on Monday :)  As i have other commitments atm "other shares"

To me anything below $0.50 is a dirt cheap buy.

1) SUM YEE LOONG (- 100,000 - Open Market Purchase ) 09/12/2009

2) http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1DF230A4B01255B948257682003F73E7/$file/CM_Announcement.pdf?openelement  - I believed the Deal is sealed :) We are just waiting annoucement from China Milk in a few days. The deal is expected to have positive impact on the groups earning.

3) China Milk Net Assets has been increasing every year with low gearing ! Its direction, expansion policy and goals are perfect !  

4) Milk price is expected to raise in 2010 as confident return to its domestic market. We will see some strong results for this coming quarter !  

these are the few things we discuss about china milk yesterday night. I can only share 1 counter :)

Join in the Ride :)

HUAT AH

tonylim      ( Date: 01-Jan-2010 19:04) Posted: Start milking from this cash cow this year! susan66      ( Date: 31-Dec-2009 21:57) Posted: Strong support now should be at 0.30 but now is bottoming, so don't need to worry too much. Just wait a while may go back to your price. It may move fast if able to break 0.36. Enjoy your New Year!