InnoTek has very big swing in their profit/Loss.

2006 - Loss 29m

2007 - Profit 68m

2008 - Loss 6m

2009 - Profit 9m

To me, this company is too unstable to Buy.

My Long Counters.

I'm holding C&O Pharm, Wilmar, HKLand US$, GoldenAgr, HL Asia, Noble Grp, Capitaland, SoundGlobal and UE.

I'm looking to Buy SembMar and StraitsAsia.

My Short Counters.

I'm holding short position for DBS and OCBC Bk.

I'm looking to Short CapitaMall, Genting Sp, HL Fin, KepLand, SIA and SIA Engg.

Please note these are just my position and plan. This is not a call to Buy or Short. You invest at your own risk.

novicetrader      ( Date: 23-Jul-2010 01:18) Posted: Hi Alex Thank you very much for the technicals. It is very comforting and reassuring to know that the technicals are still intact. Unfortunately not many of us are well verse with the chartings, hence any technical analysis is always welcomed and appreciated and of great help to novices like me, a novicetrader. I rely a lot on the recommendations by the stock brokering houses and have lost my trousers following their recommendations. Care to share what other counters you are in? Have you considered starting Alexchia blog , I am sure you will get a lot of followers there. Tonight DJI is cheong, at the present moment it is up 220 points, or 2.18 %, and Nasdaq 2.55%. Tomorrow will be a bountiful day for STI...cheers

Ha ha... I also regret I did not load up when it was at $0.405.

I was waiting for the jump because I only want to Buy at the beginning of the run, but I did not expect the jump to go 0.430.

Anyway, all technicals are still intact.

1. Support Level at 0.405 and Resistance Level at 0.455.

2. MACD lines are about to cross and move up. Crossing is a confirm Bull Signal.

3. Stochastic lines are still in oversold region and heading up. This is a good time to Buy, with lots of room for profit.

4. RSI at 47% and going up. Crossing over 50% is also a Bull Signal.

5. Price is moving closer to MA20. Crossing above MA20 is Bull Territory.

20 Jul was the Best Time to Buy C&O Pharm, but now is still not too late.

This is still a Good Time to Buy C&O Pharm.

novicetrader      ( Date: 22-Jul-2010 22:53) Posted: Have full confidence on this counter. Held on to all my shares even after XD on July 7. Only regret is that I did not load up when it went down to$0.395. I am quite heavily loaded up on this counter.. Glad to note that the momentum has picked up on this counter. Noted that Alexchia loaded up at $0.425 today, which is a very comforting and reassuring news. Let's hope it will cheong all the way to the next XD on August 26. Putting aside the divident payout of $0.04, my buy price was $0.435. Cheers

I also brought at $0.425.

I'm monitoring C&O Pham everyday.

I know that momentum is building up, but was expecting a $0.005 to $0.010 move and planning to Buy once it move.

This huge jump took me by surprise, but I buy anyway because I know the chances of C&O Pham moving higher is great.

Good luck to you.

i remember i saw it somewhere as well, after they sold the HK asset, which add to their EPS. 

Some analyst "speculate" if their Q4 result still on target, they might end up with extra cash, if no use, will become dividend

I am not young enough to remember all detail, please verify the fact if you choose to believe my word...

Hi Novice trader,

I saw your write up about c no pharm. I wonder if it is indeed true that c n o is planning to dish out another 1.2 cents div before the year end?  Do you remeber where you read that?