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China Aviation
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China Avation Oil to hit above $1.60?
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kandinsky
Master |
09-Mar-2020 22:43
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Just take it that the share price going to drop 50% so you won't feel so upset. I am setting my sights on the bottom to pick up, waiting for signs of the bottom eagerly.
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SgTrader17
Elite |
09-Mar-2020 22:42
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Yes, I am in China Aviation Oil. Vested. Just heard from the news that China Wuhan airport is gradually opening up, starting this coming Thursday, if I am not wrong. That's a good kick start for China Aviation Industry. Slow ... But at least will see some kind of gradual improvement. All depends on the company policies now, and if CNAF directors or management can give some clear direction to steer the company towards a better tomorrow. Hopefully they make good use of the cash on hand, be it acquisitions or utilize for current tough situation. Dyodd. Good luck to all vested in CAO.
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zandlery
Supreme |
09-Mar-2020 18:51
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Hmm.....still vested here?
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iluvgambling
Master |
09-Mar-2020 18:35
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last time was the financial markets....this time oil market ? | ||||
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SgTrader17
Elite |
09-Mar-2020 18:33
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Who knows, some big hands are actually shorting oil before those big drops of 30%. They made big profits from their shorts and letting price slides freely. These people can do what they want and no one will be able to say anything wrong about it. This is the way the world of rich make money from the poor. After this crisis, the rich will be richer while the poor will suffer even more. Which govt will care? None. | ||||
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iluvgambling
Master |
09-Mar-2020 18:03
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Today is Monday....will it be a black one.......drop 20% !!!! scary thought
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brchkho1
Master |
09-Mar-2020 17:58
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Saudi is showing the World, Who is the boss..... Tradewar, Brexit, Covid-19, step aside, please. US future dropped by 1,303.78 and hit the limit, but open could be worst. Not sure if the circuit breakers of 7%, 13% and 20% will be hit later. 
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kandinsky
Master |
09-Mar-2020 17:50
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U-shape recovery
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brchkho1
Master |
09-Mar-2020 17:00
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No one knows where the bottom is. This price range of 90 plus were in 2018, I believed 60 plus cents were the bottom way back in 2011 to 2016. How likely it will go to that kind of price level? Especially, this company is a oil trader and not involved in manufacturing and also involved in supplying aviation oil in most of the China airport for domestic flights as well as some airpots in some other countries. I will pick up once the market is more stable.
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SeePehJiaLat
Senior |
09-Mar-2020 16:53
Yells: "Can or not?" |
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With the current sentiment, this is to be expected ! Given a little longer timeframe, this event will appear like a blip on the chart   &hellip &hellip
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Observers
Elite |
09-Mar-2020 16:29
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seems like investors not confident the company can navigate this kind of oil price shocks profitably in an inherently thin margin industry. | ||||
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SeePehJiaLat
Senior |
09-Mar-2020 16:12
Yells: "Can or not?" |
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not sure where is the bottom...... but this price is good for me ! 
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ZERO99
Member |
09-Mar-2020 14:03
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Wah! Another stock below $1 | ||||
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kandinsky
Master |
09-Mar-2020 13:54
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Below 1 liao | ||||
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brchkho1
Master |
05-Mar-2020 06:36
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Agreed with SeePehJiaLat on the mood swing. Look at the past chart of this counter, it was traded near $1 in Dec 2018 and went up to $1.4 in Apr 2019. Now it' s coming back to the same level due to the market sentiment over the Covid-19 which I believed it will be over somedays later. If the price is expected to go up to $1.30, that' s a good opportunity to go in at current level.     
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SgTrader17
Elite |
05-Mar-2020 01:35
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The increase in dividends, although only from $0.045 to $0.047, is the 'most significant' move so far. It's rewarding shareholders, showing company think for its shareholders too. But share price kind of disappointing for about close to one year soon. Hope they get some good acquisition on the way soon or CNAF to give some push to the company to add value to its business model. Good luck ... !
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kandinsky
Master |
04-Mar-2020 22:31
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I think negativity is everywhere, not just this page. If I am not hopeful about this counter, I would have cut loss long ago.
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SeePehJiaLat
Senior |
04-Mar-2020 20:55
Yells: "Can or not?" |
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I have been observing the general reaction......... it seems that the mood change with the price !!! When the price is up, the mood turn positive. And when the price is down, all the negative comments flowing non-stop. We are on this blog trail because we are hoping for $1.60, right    ???
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kandinsky
Master |
04-Mar-2020 17:55
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I would rather not collect any dividend and the price recover to 1.3.
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SgTrader17
Elite |
04-Mar-2020 17:16
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Hope will see a bottom soon. I bought at $1.33. Now $1.09. No sign of going back up anytime soon. Collect dividends $0.047, also need 5 years to get back my capital loss. Lol. Don't know why, each time I trusted a China relates business or company, each time it failed to live up to its expectations. Really need to think twice next time when I want to buy a China company. If share price is not going up, all that is good are rubbish in realistic value. Sibei sianz.
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