At one stage it hit 4.2 cents which is a large drop of 37%. I am not too positive on this one.... I am sure SGX will ask them why is there a large movement in stock price. Better to wait and see.

It may be related to the new project that is

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C00ACEE32BD302C648257A09003599BA/$file/Announcement-Clarificationonforeignmediaarticles.final.pdf?openelement

Or maybe there is something that we don't know....as one of their independent director and member of audit committee has opt not to seek re-election. He is only 42...

http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/556AF092735E2B10482579D10033EF01?opendocument

Taisan has a horrible fall this morning by 30%. What is happening? On FA, it looks fine with cash of 15 cents or so. compared with 5 cents stock pruice.

I am reducing my weighting on China Taisan despite its cheap value and deploy the fund elsewhere.

Reason: Executive Director which is the key man taking care of sales and marketing has just resigned on 16th March 2011. Maybe i am too kaisu but there are plenty of cheap sales on the market. Better to be safe than sorry.

more good years ahead

Every 2-4 years there are major world sports event ..... Olympics game , Asian games , World Cup , Commonwealth games , YOG ......

New jerseys , new equipments to be made each time

Buy before CD and XD

IN NET CASH POSITION OF RMB 688.4 MILLION

ROE : 25.3%

P/E : 3.2

NAV : 21.5c

Look at their FY result presentation here :

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E70120C5E06042F748257848003125B8/$file/ChinaTaisanPresentation4Q2010.pdf?openelement

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Net profit up 136.3% yoy to RMB252.0 million on further margin improvements

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