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China Aviation
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China Avation Oil to hit above $1.60?
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SgYuan
Supreme |
06-Mar-2018 23:07
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I have told u in 19 Jan this is in abcde correction base on EW.
To be more precise it is in d up cycle. So the e cycle is going down. The e cycle now is a dntrend EW Fr 1.71. Now on w5. Hopefully w5 endd at 1.47. Then a new EW start from here. New uptrend EW 1.47 w1 1.55 w2?1.49 w3?
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SgTrader17
Elite |
06-Mar-2018 20:59
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Understand that those three are surging high. But to me it's too high now, meaning too much risk level for me to enter at this point. Creative down from 10 today, if I really greedy and took the plunge, probably already on a losing ground without any funds to hold. At least, I know China aviation wouldn't suddenly go into no business or any much lower for the coming future and the only way for CAO to go will be advancing upwards from current lows with less risk of downside at current level. Holding onto CAO will give me better sleep than holding Creative. Not that it would not go up even more, but going up without knowing what's next to come, is not safe for me. Those bought 10 today wouldn't expect it to drop to 8.40, I suppose. That's what I mean. Not for me to play those kind of risks. Gd luck to those into it. I will still stick to CAO.
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Berani
Elite |
06-Mar-2018 20:27
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why bother stay to this stock... go creative, delong or AEM la... so exicting
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SgTrader17
Elite |
06-Mar-2018 20:21
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1.50 may be the best price you can get now. Hope it can stay at this price for March so I can add a bit more before end of the month. Profits with dividends payments before mid of 2018 will not be too long time for me to wait it bear fruits. We shall see. Vested, will add again this month while price at a good discount. | ||||
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famouspinky
Supreme |
06-Mar-2018 19:28
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.
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commando
Master |
06-Mar-2018 16:22
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Sti surge so much.....but this one laggard leh | ||||
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SgTrader17
Elite |
06-Mar-2018 12:51
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Party will resume when the XD date is getting closer and the acquisition news near. 1.50 is the baseline and good accumulation point. By May to June if still at this price, you can sell to me. Haha... | ||||
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msksmsks
Supreme |
06-Mar-2018 10:09
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Selling pressure shld ease soon...... Once 1.52 resistance cleared, the party wl resume .    Looking fwd to soar higher  Cheers |
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kelvintan84
Veteran |
01-Mar-2018 23:22
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Really... Think about it, they have the biggest market, but they are also the biggest ah beng ard. Don't let ppl in, copy people's stuff, then outdo the stupid ang mo and sell back to them.
All these while the angmo still cannot decide if they like or dislike their own president... What a joke
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lionking
Member |
01-Mar-2018 22:31
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i will buy CAO whenever it drops. I cannot think of any reason not  to buy in, it is a way to get invested in China aviation industry, in furure China will be like America, people will take planes between cities in China, if you want to see how big the potential is, just google America domestic flights, the amount of planes and flights daily is crazy. China is still growing and had not reached America standards yet. |
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famouspinky
Supreme |
01-Mar-2018 22:23
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Haha i already forcasted to 1.48. I wont be wrg.
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SgTrader17
Elite |
01-Mar-2018 22:20
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I don't think it actually will take 3 months to return back to $1.60. Today closed $1.51 although low was $ 1.47. With more business in FY 18, and acquisition possibly coming by 1st or 2nd quarter of this year, those hoping to gain from CAO's future prospects will buy in and support the share price up. I will top up a little bit more this month, and hope for the next upside to $ 1.60 or higher. This counter can't sink. Why? Because it is not boat business, it is plane business. Haha haha!! Vested. Dyodd. | ||||
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famouspinky
Supreme |
01-Mar-2018 22:11
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This is a gd one
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kelvintan84
Veteran |
01-Mar-2018 22:06
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I actually think it's possible.
Very hard to find a monopoly nowadays... Only the China govt can do such things. Block fb & watsapp =tencent was born, block Google = Baidu monopoly, block amazon = alibaba wins... Just buy what the Chinese govt block lor
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famouspinky
Supreme |
01-Mar-2018 21:59
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Lol
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Andy80
Senior |
01-Mar-2018 15:16
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You have my support.  Its a solid company, with good revenue this year, at least 4.5 cents of dividence. I' m also vested!
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kelvintan84
Veteran |
01-Mar-2018 09:54
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hmm... guess it' s just the few of us here... But i am seldom worried about CAO. Just leave it ba... they have virtually no competitor... if anything they will only die from their own stupidity (wrong bet on oil derivatives).. I feel safer in this than in some of my other blue chip investment. | ||||
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SgTrader17
Elite |
01-Mar-2018 09:53
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Give it three months, at most. Sure back above $1.60. Mark my words. | ||||
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SgTrader17
Elite |
01-Mar-2018 09:50
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3% dividend yields with strong cash position. | ||||
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msksmsks
Supreme |
01-Mar-2018 09:46
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Shorts at opening wl cover their position once price stage reversal @ 1.52 Cheers  
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