Good. When everybody say time to sell is golden opportunity to buy. Early this year when i look at this stock is at .61, now .16 can get. And the fundamental for this stock not much diff, just the sentiment towards china stock diff only. Oct 26 start when hongkong can buy china stock, it will be a v different story. No need wait anymore, .16 grab
If u compare Ultrasonic Ag (china shoe company whose Ceo last week ran away with company cash) yesterday closing, Xdl price actually drop more (in terms of % to its year high), Amazing. Xdl has got our PM bro in key position, no such nonsense will happen in this company.
At the price of .16, it is as if the company cash is not exist, just the business, the new factory and the listing status alredi worth this amount. What to worry. Wack 160/165
China shares is in major uptrend now. Yesterday when hong kong hang seng drop more than 500, shanghai composite is still positive. Buy when the shark has pressed so hard to this price, and not when shark has alredi goreng up.
When goreng time, target price is at least its rights issue offer price at .35 . Buy now at 160/165, risk is 10%, profit potential >100%. Worth to take the bet? U decide
Ultrasonic was listed in Frankfurt. The stock has plunged from 6.25 euros on Sept. 16 before the company announced it couldn’t find the two key managers. The incident marked the second time an executive from a Chinese company listed on the Frankfurt Stock Exchange had disappeared this year, spurring investor concerns.
Wu Qingyong resurfaced in China last weekend and told Chinese web portal Sina.com in a video interview posted on Sunday that reports he absconded with several billion yuan were “purely rumors”.
Wu, who still holds a 52 percent stake in Ultrasonic, said yesterday he hadn’t disappeared and was on holiday in Hong Kong. He then traveled to the Philippines, and said he couldn’t be reached because he lost his mobile phone while in Manila.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ct888
885 posts
Posted by ct888 > 2014-09-28 13:41 | Report Abuse
Good. When everybody say time to sell is golden opportunity to buy.
Early this year when i look at this stock is at .61, now .16 can get. And the fundamental for this stock not much diff, just the sentiment towards china stock diff only. Oct 26 start when hongkong can buy china stock, it will be a v different story.
No need wait anymore, .16 grab