3 months ago, I wrote... (see below) and now it has materialised -- S-chips are turning around. /such is the market. /
specifically, China Minzhong is a favourite of mine. Waiting for it to hit $1.00
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[Jill 23-09-2012]:
S-chips present a very interesting inv. opportunity, in my view. Don't think that these counters are written off forever. In the big pic, China could be at a turning pt in its economy somewhere just ahead. The recovery will lift many s-chips by big % gains --- as earnings come roaring back. The fear of accounting fraud etc will not disappear completely among investors but the greed for profits among investors will overpower that. Imagine if Minzhong runs every day, people will go back in to join the party. Minzhong by the way is a pretty good counter imho.
Bro. Jill, you are great in predicting. Now my prediction is, many S-Chips's price will be doubled or tripled in next few months bec's of the sign of forthcoming Chinese bull market. Of course, referring to penny stocks like Hankore, China Taisan, Qingmei, China Essence, China Fish and so on. For more expensive stocks, it is also possible, but a bit less likely.
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