China Gaoxian

As we talk, the stock keep bombing, it close to 22% fall now...Seriously, I think the prominient investors must be cursing the KOSPI.
Although not nursing a loss, but really feel like joining in the dumping, its really breaking new low every hour.
Not just that, the rest of the s-chip I am looking at are also tanking, for no good reasons as well...
Rally has turn bearish, hope th earning season provide some uplift.

Don't you just love Singaporeans.
 
If they make money from stocks, it is because they are smart and brainy and 100% their own credit.
 
When they lose money from stocks, it is all other people's fault, speculators, stupid investment banks, fraud management etc....
 
I love to watch how this exciting drama carry on.

after the S-chips earthquake, what are safe to invest in for .....slow & steady capital gain, & no sleepless night?


a) construction
b)  REITS
c) banks
d) SIA, SPH.....


Anyone can share his view? 

Gaoxian closed at 34 cents, still 79% higher than 19 cents when they announced KDR listing plan.

I am curious what you all think about the price level at which you would buy Goaxian.

a) 30-34.
b) 27-29.5
c) below 27.

 

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[Dello 25-01-2011]:

Gaoxian closed at 34 cents, still 79% higher than 19 cents when they announced KDR listing plan.

I am curious what you all think about the price level at which you would buy Goaxian.

a) 30-34.
b) 27-29.5
c) below 27.

  Wait for it to stabalize first imo. High volume drop with a close at the low is never a good sign.

I think current price is still not cheap.... for me, i pick up small amount along the way down instead of waiting for a certain price level. However not suitable for shorter term players as 4th qtr result is near the concern.... anything can happen. On the long term horizon, i think still a good counter but it can take 1-2 years or maybe more and provided that the management is able to executive their plan well coupled with good economic condition.