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Upside or downside
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ogos2992
Member |
29-Oct-2007 21:52
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Cheong!!!!!!! |
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ericsim
Senior |
23-Oct-2007 19:40
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my advise - hold a bit longer maybe until the fund is in somewhere in nov moreover 3Q result is coming out. I maybe wrong, final decision/choice is your....good luck |
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chengcheng36
Member |
23-Oct-2007 19:24
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Thanks for sharing KiLrOy, I hold on to this becz of recognising its potential for investment. But the price seems to be quite stagnant and not much volumn.... but, I think I will hold on for a while more and may want to put some $ in Sinostar as advised by Veteran |
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KiLrOy
Master |
22-Oct-2007 20:41
Yells: "I buy only what I can see." |
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CE entered oversold (doesnt mean its a buy signal) territory today with the downward trend showing strength. With today's gapped down session, its a total of six lower low sessions. Testing 1.30SGD support in the coming sessions again. For the value investors, this is a good opportunity to accumulate when the trend starts to reverse. |
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chengcheng36
Member |
22-Oct-2007 19:42
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Hi Veteran, Thanks for the advice. Quite bad now, the price of CE went down further... good to cut lost and switch as everything seems so unclear... |
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787180
Master |
21-Oct-2007 22:32
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sold off mine my China Energy xxx at $1.72 on 1 oct and switch to Sinostar with all the cash bought 63 to 70cts..sinostar's profit is ab the same as CE....hve been holding CE since its first day of listing..bought at 92cts..may be using all the profits to bank on sinostar again shd it drop to 65 to 70cts |
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chengcheng36
Member |
18-Oct-2007 20:57
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Hi all, I'm new player in this share, look not promising. Any sharing on this? |
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zhuge_liang
Supreme |
17-Oct-2007 10:59
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Sinostar may be another China Energy? In that case, Sinostar will be in for trouble. Deutsche Bank downgraded its investment recommendation for China Energy to "hold" from "buy", citing rising costs due to higher global methanol prices. |
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787180
Master |
28-Sep-2007 14:28
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Sinostar may be another ChinaEnergy... |
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stocker2007
Member |
28-Sep-2007 14:20
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Coincidence, the stock moved on warrant expiry. See that many china-related stock moved also, most likele anticipating the buying of the china funds on singapore exchange red chip. |
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techsys
Master |
27-Sep-2007 12:23
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Just hold tight here ... no much prospect to this counter ... but still can move up.. Will up only because of oil price. This counter is the opposite of Ouhua. Once DME has completeed their research think market will have competitor. Not big, but think that that's only its product. Good news is, goverment gives them support. |
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idesa168
Elite |
27-Sep-2007 12:18
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Hi Kilroy....din get to see your posting here, I din keep track of this thread. Yah, I saw China Engery going down (my guess) and too bad, my guess was right, another leg DOWN. If you have picked up at 136-138, I think is safe. 10 lots at 138, per 1¢ jump is $1000, good $$ right.....! SO you decided to quit kopi $$ now...hahaha. FYI, I am at Synear and PFood, good return. Still holding and may hold for longer term. Well, if you still keen in kopi $$, SYNEAR, should have another leg UP, probably $1.82 before coming down...no harm considering...lol....I am not so lucky lah, Sometime oni. |
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solar2000
Member |
21-Sep-2007 01:50
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Can anyone enlighten me on how the ML holding warrants with expiry coming forces the price down?!?? I know too little about warrants. |
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KiLrOy
Master |
20-Sep-2007 16:09
Yells: "I buy only what I can see." |
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China Energy huh? This one nearly got me dead if not for idesa168's luck. Idesa168, I think I didnt tell you I bought similar size lots at 1.43SGD days back to average my price and when it went back up to 1.46, I unloaded all. Still make a little but nerve wrecking. Enuff doing the kopi $, back to my boring portfolio style for SG Stock. :) |
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stocker2007
Member |
20-Sep-2007 15:16
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i think this is really a test of your patient, can see most pple all gone liao. |
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blu_tooth
Member |
15-Sep-2007 12:45
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need to hv patient wid tis stock |
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stocker2007
Member |
14-Sep-2007 12:03
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Merill lynch has got a batch of warrant (48000 lots, 1:2) going to expire in Sep 28, going at $1.2 strike price. Not sure the recent CE price being capped at 1.45 - 1.49 might be due to this. CE going too high , ML going to lose. Let see whether CE will change after sep28 or closer to that date. |
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idesa168
Elite |
11-Sep-2007 13:23
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GOOD LUCK! |
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KiLrOy
Master |
11-Sep-2007 13:13
Yells: "I buy only what I can see." |
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Overall daily chart may seems bearish and I must agree with you. I drew a downward regression channel and was expecting 30 AUG session to drop right back into the channel but it didnt. It then became a range play between 1.46 - 1.51 and I am playing that range. You may be right that there MAY be a possibility of another downward price action as the trend tends to follow the recent one which is down. Lets hope I can cover on a bounce before the avalanche starts. ;) |
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idesa168
Elite |
11-Sep-2007 12:43
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Kilroy, are u sure with this counter? My view is that there will be another leg DOWN to about 139/140 range. Just watch out...I may be wrong. Good Luck! |
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