| Latest Forum Topics / China Star Food |
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CHINA STAR FOOD : RICH UNDERVALUED GEM
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Goodgoing
Master |
30-Jun-2020 19:33
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Take over offer 8.8 cent okay boh?😀
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johnng
Supreme |
30-Jun-2020 19:26
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wait for takeover like luzhou trading below NAV | ||||
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Goodgoing
Master |
30-Jun-2020 08:24
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Cash rich company, hope they can announce special dividend😊 | ||||
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Goodgoing
Master |
29-Jun-2020 22:39
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Wish can see 5 cent this week😀 Nav 0.15 ,market is pushing to see each counter true value.
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borneo2017
Member |
27-Jun-2020 13:26
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Yes i am long at 3 cents
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Goodgoing
Master |
27-Jun-2020 12:48
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The Group?s financial position in terms of its positive working capital as well as strong cash and bank balances available to the Group.
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Goodgoing
Master |
27-Jun-2020 12:30
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borneo2017
Member |
27-Jun-2020 11:22
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Look at its reporting to sgx. China star is expected to report a loss for fy and its expected to report by jul 2020 so rem to watch out in the next few weeks. Also the lady shareholder last sold 2.6m in Dec 17 2109 and currently holds 4.83% (bal 29m) hence no need to declare. From recent volume she should have sold also on 6/1 14m 6/2 8m and yes 6/26 21m when volume during these 3 days were a lot higher than on 12/17 when total volume was only 3m. Her bal should be very little by now. | ||||
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shadow11
Veteran |
27-Jun-2020 10:24
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Nice pick.
I also see star can up till 9-10c. Bb seems collected enough and control the script.
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Goodgoing
Master |
27-Jun-2020 08:10
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U can see the medtecs, ssh dumping all the way from 20 cent to 9cent. Share price now is 34 cent. 😊
Of course case by case.
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johnng
Supreme |
26-Jun-2020 22:59
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Got 1 lady director dumping big time..at 30
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Goodgoing
Master |
26-Jun-2020 22:31
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Up😀 Today volume very high, maybe can test again 3 cent next week.observe 2.7 cent wuite a lot buying accumulation. I wish this one can hit 10 cent coming mth. China kunda can, China star also can.
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Goodgoing
Master |
26-Jun-2020 13:23
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NAV 15 cent. Cash in hand 0.048😊
Dun sell first. Hold until market show the true value.
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gravity8888
Supreme |
26-Jun-2020 11:41
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Vol is there today. Getting to run up after lunch? | ||||
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Goodgoing
Master |
26-Jun-2020 10:03
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This one is undervalued GEM. Will follow China kunda, China star blink blink to 5 series😁
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Bull_Runner
Member |
26-Jun-2020 09:29
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Previously this follows Anan. Today Sunmoonfood rockets.. This one will runs soon.  Wall very thin.. Easily can shoot if BB push.  |
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johnng
Supreme |
25-Jun-2020 08:48
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WAH you write one ah????
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Goodgoing
Master |
25-Jun-2020 08:25
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$China Star Food(42W.SI) RISING STAR WITH NET CASH OF $30M VERSUS MARKET CAP OF $10M I am highlighting 1 Stock in the Consumer Staples Food Snacks business called CHINA STAR FOOD. Many people have tell me to avoid Chinese S-chips listed on SGX but many may not know that it is a local incorporated company in the 'REPUBLIC OF SINGAPORE'. With Cash of RMB $150m or $30m SGD sitting in its bank account, China Star Food is basically trading at just one-third of its market cap of $10m. Basicaly you are paying one-third of the price and getting two-third for Free. I analysed the Net Asset Value(NAV) of the company at $0.77RMB or $0.16 SGD cents and it is at trading at a huge discount of 85% vis-a-vas the last done price of $0.024 today. Is this a Value propoistion play leading up to a Potential Merger and Acquistion interest from bigger China consumer staples coy or international coy wanting a Pie of the growing chinese appepite? I remembered back in 2011 Candy Snack maker Hsu Fu Chi was delisted for $2.1b by Nestle.(https://www.theedgemarkets.com/article/nes...-...) China has resume business as per normal after the COVID-19 crisis lockdown in WUHAN lasting from 23 JAN 2020 to 8 APRIL 2020. Many stocks in SGX has sinked to levels not seen before since the Global Financial Crisis in 2009 (Saw this from other forum, hope to see 16 cent soon) 😊 | ||||
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Goodgoing
Master |
18-Jun-2020 18:06
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Haha, okay. Wish u huat😊
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98mich98
Master |
18-Jun-2020 17:27
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Run road liao. Sold at 22.
No volume play
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