Market has been very quiet recently, maybe due to long holiday season. As long as it can maintain above 0.125 then we will be fine. Also, the RSI has already turned upward from below 30%. It's a sign of bullish. Let see how it reacts after the new year when most traders have returned from their holiday.
This one is china company, if want to enter china market must try try malaysia china listed counter....if not when you go to invest your money at china ....die fast.
management a company is not an easy thing, 2015 begin to profit, 2016 i think will return to 2013——16sen EPS, even this company is not a Growth Stock, but now the price is going to pn17 time, this is a change to investor,
last quarter of 2015 financial report will announcement soon. (31 Dec is CSL financial year) i think the china stationary limited will continue profit,
may be you will ask me, but now company already going profit, why stock price stand at 0.13 ? this is because stock price already up 118% from 0.08 to the 0.175, some people may be sell at the moment, make the price going down to 0.13.
so, if you have a lot of patience, i think you will find that , this is a change for investor. higher price , higher risk.
2 weeks no major movement....I think the problem is on the low sentiment of traders on the market as a whole. Weakened Yen currency, tumbled China stock market, lower global economy growth, all has an effect on the stock.
All China stock under water . Investors avoid china stock .double good news (uo lifted pn17 n good profit) share also same. The ball with the boss hand. Shares issue billion..lol
Today touch 0.110 the lowest since few months ago. If it breaks 0.110, then next support is 0.09. I believe many would want to buy in at that price with the consideration that this is a profitable yet undervalue stock. I'm gradually adding more shares to my portfolio since 0.145. Latest buy in at 0.115. Will continue to do so until 0.09.
Price has been bearish since it touch multiple years high at 0.175. Initially I thought it was simply a correction before rebound higher. Looks like this "correction" is stubborn. I hope this is the final correction which should not break below 0.08-0.09, otherwise the whole bullish scenario simply does not exist. :/
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....
peter123
2,125 posts
Posted by peter123 > 2015-12-28 20:52 | Report Abuse
0.15 coming soon