So am I still bullish!!!!!!

  • cheongwee.
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12 years 5 months ago #9417 by cheongwee.
Replied by cheongwee. on topic Re:So am I still bullish!!!!!!
I think we better be ready to go long, anytime now, i believe so,, no sure thing, but i think about time. 
 
Sani cost averaging is not a bad ideas. Can do that to blues chips.
 
And i still think dow 14000 by yr end is possible.
 
I will be ready to cover my short soon.
 
 

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  • cheongwee.
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12 years 5 months ago - 12 years 5 months ago #9418 by cheongwee.
Replied by cheongwee. on topic Re:Re:So am I still bullish!!!!!!
German lose some 400 b, and years of poor growth if Greece defaulted.
 
I dont think German come this far to allow Greece to leave.
 
I think next year market play out when PIGS really got no money to pay because of deep recession, that is when reality sink in.
 
Maybe this period will be buyng time for rally to yr end, JMO.
 
I am looking to buy bank.
 
[cheongwee 06-06-2012]:

I think we better be ready to go long, anytime now, i believe so,, no sure thing, but i think about time. 
 
Sani cost averaging is not a bad ideas. Can do that to blues chips.
 
And i still think dow 14000 by yr end is possible.
 
I will be ready to cover my short soon.
 
 
Last edit: 12 years 5 months ago by cheongwee..

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12 years 5 months ago #9419 by relaxing
 
Am surprised Eratat crashed to this level as it’s cash/share is abt 14 cts and NAV 35 cts.  In a way, good that weak  holders are flushed out.  I think many investors are trapped at  22 to 25 cts during the aborted CMIA share placement early 2011. Their yearly div since listing is a consolation ( YE2011  div 0.5 cts coming next mth ).
Their 2Q12 results are visible, which is the balance of the Rmb 380m orders. Waiting for the ann of the Autumn/Winter orders which should be out soon. If the orders are same as 1H, their YE2012 EPS should be abt 4 cts. ( or 6 cts if excluding renovation subsidies ). My views only.  
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[viviene 06-06-2012]:

Being optimistic at this point requires deep pockets and a faith in the system. For those wishing to take a bite, consider Hi-P International (67.5 cents) and Eratat Lifestyel (only 8.6 cents). Just my 2 cents worth.

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