| Latest Forum Topics / China Fishery Last:0.076 -- |
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Getting to LIfe
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calvino
Member |
20-Aug-2015 09:18
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Share HALT on HK stock exchange on 19/8/15
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lglg666
Supreme |
20-Aug-2015 09:04
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Sorry bro...cannot read, btw what is it all about? Good or bad news?
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Observers
Elite |
20-Aug-2015 08:57
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Can you read Chinese? If you can then you will know what' s happening with the halts. http://www.pacificandes.com/attachment/2015081912320100072290845_tc.PDF |
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lglg666
Supreme |
19-Aug-2015 22:55
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Until they lift the halt...we will never able to say for sure what is going on.
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Qanghoo
Supreme |
19-Aug-2015 22:24
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One possible positive news is that they re-float Copeinca? 
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Qanghoo
Supreme |
19-Aug-2015 19:58
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This seems a good coy to invest in.  So, like so many forumers here have pointed out, doing self research on stocks doesn' t pay off - maybe listening to rumours are more rewarding.  Anyway trading has been halted.  If it' s due to some bad news (which I fear it is) then we shd again be asking the same old qn (don' t expect any answers of course) as to whether there was unfair insider trading. 
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moron101
Supreme |
19-Aug-2015 19:33
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Price has dropped almost 50% from 27c to current 14.2c. And now needs share consolidation to continue the dropping. Another sucker kena killed by a sucking rule of SGX.. all sucked together for SG50!! | ||||
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taxiuncle
Veteran |
19-Aug-2015 16:18
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Guess must be good news here. |
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lglg666
Supreme |
19-Aug-2015 15:48
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Halt together with Pac Andes therefore hope it'll be good news soon | ||||
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moron101
Supreme |
19-Aug-2015 09:05
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Why halt? Shortishs siao liao.. | ||||
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lglg666
Supreme |
18-Aug-2015 23:56
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Yes...so sad to see becoz it was one of high flying S-chip during its hay day. Now a goner depending on catching ikan bilis. How to fly anymore? End up like ikan bilis too. Once do share consolidation also will do again soon, btw just done right issues.
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Leongsan
Senior |
18-Aug-2015 19:53
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Wait    el nino will be clearer.let him play with dead fishes or playing with himsef? 
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Qanghoo
Supreme |
18-Aug-2015 10:45
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This is another one.  Keep falling day after day like a bottomless pit, not even a chance of a technical rebound.  N it' s happening when the coy is turning around. See how mkt here operates?  When there was so much uncertainty, px kept pumping up n probably a lot of retail suckers hopping it.  Now with much of the uncertainty behind it (baring EN) there seem to be no end to the fall.  For the benefit of those who might have missed, the coy has indicated that it has caught it' s full Peruvian anchovy quota for the A fishing season which can be processed into 150k tons of fishmeal.  At an estimated gross profit of USD300/ton, gross profit' s gonna be 45 mil USD or 63 mil SD.  But investors are well advised to be careful cos u may still be catching that falling knife.  |
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Qanghoo
Supreme |
13-Aug-2015 18:00
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This is spore mkt.  It' s the norm to continue killing a stock at chng kay' s whimsical will.  But maybe after they' ve engineered a collapse to 5c, we' d get big stories bombarding us that the stock is grossly undervalued n by some magic, px goes up 10x within a wk or so.  When a stock is in super penny territory, like CFG is now, it' s very easy to bring it up a few 100% after it' s squeezed dry.  At today' s closing px, CFG is trading at < 30% NAV.  But if we think it' s cheap, it' s not the only one.  People shd envy investors here for being spoilt for choice - there are lots of counters on sgx trading substantially < NAV. 
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lglg666
Supreme |
13-Aug-2015 17:37
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Closed with new low for the price...:(
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lglg666
Supreme |
12-Aug-2015 23:12
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Another stock for good as a bear trap for retail punters. | ||||
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Qanghoo
Supreme |
12-Aug-2015 16:28
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Think chng kay target to bring down or close < 16 today.  |
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Qanghoo
Supreme |
11-Aug-2015 21:38
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My guesstimate is cfg will probably clock in with abt the same profit as last fy for the full yr.  This shd work out to abt spore 2c a share, giving a pe of 8.6 at current px.  NAV is abt 53 sing c.  Whether px is deemed attractive depends on perceptions of  pe n pb  for the industry.  But as one of the largest anchovy coys in the world, current px  does appear  reasonable.  Problem though is, in this country, a lot of coys are trading a very low single-digit pe n px still seem to keep falling every day. 
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moron101
Supreme |
11-Aug-2015 21:08
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Both CFG & PARD qualified for share consolidation. With very bad Q3 results for both.. shares may sink further to become nearly worthless.. may be just a few cents for cfg.. | ||||
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Qanghoo
Supreme |
11-Aug-2015 20:15
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Results out.  Very low profit.  Expected due to ' no fishing' for B season last yr.  But going forward result shd be pretty strong.  Caught 100% of TAC during recent A season n TAC for B season also encouraging.  Financial costs greatly reduced, margin improvements due to efficiency gains.  But share px?  This is the million dollar qn cos in spore, share px keep tumbling for no apparent reason. 
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