CHIN WELL HOLDINGS BHD

KLSE (MYR): CHINWEL (5007)

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Last Price

0.95

Today's Change

-0.03 (3.06%)

Day's Change

0.94 - 0.97

Trading Volume

341,700


3 people like this.

2,603 comment(s). Last comment by ITreeinvestor 15 hours ago

oi88

51 posts

Posted by oi88 > 2016-03-11 00:20 | Report Abuse

SMA 200 for Chinwell around 1.62, if below RM1.62, major selldown will continue.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-11 00:53 | Report Abuse

this is not a super bull price. You don't cut loss. Period.


by oi88 > Mar 11, 2016 12:20 AM | Report Abuse

SMA 200 for Chinwell around 1.62, if below RM1.62, major selldown will continue.

sell

2,456 posts

Posted by sell > 2016-03-11 05:35 | Report Abuse

Why keep dropping? More laosai ahead?

ngjheng

33 posts

Posted by ngjheng > 2016-03-11 08:33 | Report Abuse

Appreciate if anybody can help to find out the % of translation gain due to forex for Chin Welll based on latest quarterly result

hng33

20,463 posts

Posted by hng33 > 2016-03-11 09:34 | Report Abuse

Sold at 1.65, realize slim contra profit

cutie

1,690 posts

Posted by cutie > 2016-03-11 09:43 | Report Abuse

throwing again....cannot hold 160, further throw

oi88

51 posts

Posted by oi88 > 2016-03-11 09:49 | Report Abuse

Dont panic, as long as not below RM1.6, Chinwell may able to rebound.

Tipster

752 posts

Posted by Tipster > 2016-03-11 09:55 | Report Abuse

u guys are just hoping for miracles....

papaya

3,086 posts

Posted by papaya > 2016-03-11 09:59 | Report Abuse

oi88.....people panic or you the one ...hehe..statment kasi sedap hati...

papaya

3,086 posts

Posted by papaya > 2016-03-11 10:03 | Report Abuse

people fedup.....that's why throwing this shares....better move to other growing stock

enning22

2,933 posts

Posted by enning22 > 2016-03-11 10:37 | Report Abuse

the reality is Chinwel has entered unchartered water, facing severe competation from Chinese companies for EU market, whatever will be , will be.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-03-11 11:22 | Report Abuse

Such good company also can drop from 2.34 (7 Jan) to 1.64 today, almost 30% gone in 2 months time, how to invest now? Tough lah

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-03-11 11:23 | Report Abuse

RM weak play also can't help this company. Macam ini susah lah, where is other motivating factor?

VenFx

14,784 posts

Posted by VenFx > 2016-03-11 11:36 | Report Abuse

Mr market rated Chinwel at this level 1 first, if qtr result signalling weak sentiment ahead it will fall to level 2. Tongher has make the lead, is Chinwell in any unique conditions that can prevailing the fall this round ? Let's see... the insider hit the ball

oi88

51 posts

Posted by oi88 > 2016-03-11 11:38 | Report Abuse

Smart money disposing slowly, looks hard to entice buyer.

VenFx

14,784 posts

Posted by VenFx > 2016-03-11 11:48 | Report Abuse

This is something not predicted by Desa..

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-11 12:26 | Report Abuse

Can get 1.6 million shares done only down 2 sen....plenty of buyers .

michaelwong

3,072 posts

Posted by michaelwong > 2016-03-11 12:39 | Report Abuse

No more sweet and honey like usual .

hng33

20,463 posts

Posted by hng33 > 2016-03-11 14:23 | Report Abuse

Ringgit strengthen further....RM 4.09

Superb99

6,604 posts

Posted by Superb99 > 2016-03-11 14:56 | Report Abuse

sigh....not dare to average this counter, just took some profits from Gamuda WE

Posted by kokchengkai > 2016-03-11 15:08 | Report Abuse

my turn. 1.63 buy in..i believe chinwel can bring me at least 15% return in two month time

enning22

2,933 posts

Posted by enning22 > 2016-03-11 15:16 | Report Abuse

i return to traditional ,non replaceable ,unique products with large demand ,----wood/log, , ie TAANN

Posted by shazali6609 > 2016-03-11 15:50 | Report Abuse

1.5 below i only will consider..still downtrend in technical point of view

papaya

3,086 posts

Posted by papaya > 2016-03-11 16:35 | Report Abuse

hopefully flush all the contra players....hehe

Superb99

6,604 posts

Posted by Superb99 > 2016-03-11 17:04 | Report Abuse

there are more than 10k queuing to buy this counter but the price still zzz, may be those are fake q...

kk123

1,964 posts

Posted by kk123 > 2016-03-11 20:09 | Report Abuse

Steel sector is a dead sector.

kk123

1,964 posts

Posted by kk123 > 2016-03-11 20:13 | Report Abuse

Imported steel product much better and cheaper..

Posted by Activetrader > 2016-03-12 01:12 | Report Abuse

re mufacturing of nuts..bolts.. which with lesser risk compare to those steel bar... steel plate companies like annjoo and masteel.

papaya

3,086 posts

Posted by papaya > 2016-03-12 08:41 | Report Abuse

i thought chinwell selling end product of steel like bolt, nuts not steel plate or bar like anjoo or masteel...erhmsss.....there's lot of different

oi88

51 posts

Posted by oi88 > 2016-03-12 15:21 | Report Abuse

USD to RM 4.07, what will happen to exporter?

Posted by Mohd Fahmi Bin Jaes > 2016-03-12 15:22 | Report Abuse

might be down

Icon8888

18,659 posts

Posted by Icon8888 > 2016-03-12 15:39 | Report Abuse

Not only usd , Euro also down 1.4%

Their sales a lot in Euro

oi88

51 posts

Posted by oi88 > 2016-03-12 15:53 | Report Abuse

Let c chin well can drop below RM1.6 or not monday.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-12 16:18 | Report Abuse

Chin well latest result is slightly below expectations but the share price is oversold, has become a laggard and a value position.

The share price will improve, then you can decide what you want to do.

Icon8888

18,659 posts

Posted by Icon8888 > 2016-03-12 16:22 | Report Abuse

Not a bad company, but Timing is off

RM strengthening

soros228

2,039 posts

Posted by soros228 > 2016-03-12 16:33 | Report Abuse

Well said Icon8888.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-12 16:39 | Report Abuse

There is a fair value for every thing.

The fair value of CW lies north of the current price.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-12 16:40 | Report Abuse

3 million shares done......price down by 2 sen....
Plenty of buyers.

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-12 16:44 | Report Abuse

HaHa stockmanmy the next time you see the Taiwan boss... use one of his products on him....screw him and ask him how come no announcement made in the EU thingy to shareholders... instead just disclosured to analyst??

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-12 16:45 | Report Abuse

These are the people that you admire.....

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-12 17:06 | Report Abuse

The Taiwanese have never sought much publicity.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-12 17:07 | Report Abuse

This is a low profile company.

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-12 17:10 | Report Abuse

Aiya... they told the IB analyst about the EU thingy... what no publicity??

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-12 17:12 | Report Abuse

The price has came down from 1.72 to 1.6x in one day after that... are you aware or not???

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-12 17:12 | Report Abuse

Every listed company has an IR department for analyst briefing.

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-12 17:13 | Report Abuse

How about IR inform the shareholders first??

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-12 17:13 | Report Abuse

A lot of buyers at this level.

r°Moi

5,802 posts

Posted by r°Moi > 2016-03-12 17:14 | Report Abuse

Fact is... there were people have sold at higher prices before you cause they tipped off before you...

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-03-12 17:21 | Report Abuse

Everyday got people buy and sell

The high volume yesterday with such a small drop is a source of comfort , not a source of concern.

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