Penny stocks ended because ....

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12 years 4 months ago #9746 by cheongwee
Replied by cheongwee on topic Re:Penny stocks ended because ....
This week like i said on last weekend, was profitable, so will be next week.
I will taking some money off the table for counter that run up alot.
hope all are profitable.
have a good weekend with your loved ones.

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12 years 4 months ago #9754 by Guest
Replied by Guest on topic Re:Re:Penny stocks ended because ....
Can share which one u will be taking profit?

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12 years 4 months ago #9758 by Serendipity
Replied by Serendipity on topic Re:Re:Penny stocks ended because ....
i looked at this stock before. financials look okay with minimal debt, and the business is good with the qualifications to tender for all proj. plus, other than construction they have expertise in other areas (eg. engineering segment) which can be complementary and serve as an advantage when bidding for more complex projects. (which is their strategic plan going forward anyway)
But i worry about the tighter foreign manpower quota. don't know how serious it will be and if rising labour costs will have a signficant impact on its profits.. past year profits are good but don't know if the good profit margin will only be a one-off. cos from what i remember sales dint really grow remarkably for the past few years. increasing profits seem to be due mainly from increasing profit margin instead of increasing sales.. so rising profits may taper off without a corresponding increase in revenue..
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[cheongwee 29-06-2012]:

UE E&C ..i buy little here..58c, It is very illiquid, got to be patient, but this one it financial is very excellent. Personnally,  think it is worth the same as civmec..that isard 90c, any diefferent opinion, pls comment.
This counter also pay good dividend. Solid backing form UE.
You go and read it yourself. This is not for trading ,but who know, as market soar this one will soar as well.

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12 years 4 months ago #9767 by cheongwee
Replied by cheongwee on topic Re:Re:Re:Penny stocks ended because ....
I will take profit as with the trend, so i willl see on Monday morning.
From now on, it is 2 step up, one step down , hopefully till Q4.
[hr]
[Guest 30-06-2012]:
Can share which one u will be taking profit?

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12 years 4 months ago #9775 by cheongwee
Replied by cheongwee on topic Re:Re:Re:Re:Penny stocks ended because ....
Took profit for most counter, except acc GSH again from 7.3 to 7.6c.
cut my loss on TT int, very unfortunate abt the bad news, but i have re-enter today at 8c. to 7.4c.
dont think play is over fr this counter.
Look to buy back tomolo afternoon.
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[cheongwee 01-07-2012]:

I will take profit as with the trend, so i willl see on Monday morning.
From now on, it is 2 step up, one step down , hopefully till Q4.
[hr]
[Guest 30-06-2012]:
Can share which one u will be taking profit?

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12 years 4 months ago #9776 by cheongwee
Replied by cheongwee on topic Re:Penny stocks ended because ....
Have you people look to s-chip?? Acc. more today for Qingmei, Foreland.and a few other.
Slow and steady, before they soar. Why buy now?
I believe these price have hit bottom, downside limited,

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