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 STOCK MARKET DISCUSSION 118, Yat Yat Fatt - Apple Free

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foofoosasa
post Apr 26 2012, 02:36 PM

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QUOTE(SKY 1809 @ Apr 26 2012, 01:56 PM)
That reminds me of Public Mutual Funds investing into China.

First few China FundsĀ  are wondering, then people think of only of buy buttons , forgetting the sell buttons.

I do not think PM buy China penny stocks, but in deep longkang too.
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People like to buy overvalue things mahh icon_idea.gif
During pre 2008, so many uncle aunty go sapu those fund, buy and buy believe stupid story like Shanghai index will go up exceed 10000 points (watever)..

Now still in 2xxx point, scare already..many of them loss 50% of principal. Reluctant to buy more.

But I truly believe it is golden time to buy China stocks now especially those blue chips ( H shares) listed in HKSE. drool.gif

This post has been edited by foofoosasa: Apr 26 2012, 02:39 PM
foofoosasa
post Apr 26 2012, 02:57 PM

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QUOTE(Icehart @ Apr 26 2012, 02:48 PM)
Bursa here got. Check out 5155. PE 2.34 only.  biggrin.gif
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Not sure whether this is blue chips. but it is quite new company...less than 5 years history.This type of company play a bit ok la. Sure You know how dirty / not transparent the accounting treatment in China. Everythings can turn into profit. Even check cash flow analysis on those company also useless. laugh.gif I treat this kind of company like gamble. Thanks for your suggestion, will have a look on it.
foofoosasa
post Apr 26 2012, 06:37 PM

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QUOTE(Icehart @ Apr 26 2012, 03:00 PM)
The company established since 1995.
Just recently make way into Bursa.

You can check out their page: http://www.xingquan-international.com/about.html

Kind of informative too if you look into their annual report. Aggressively expanding with double digit growth.  smile.gif
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thanks for your correction flex.gif talk too much rubbish recently without looking clearly. But I have bad image on those small to medium china listed company in oversea. Always use the law loophole to cheat oversea investors. Plus weak protection from the supervision. Too much fraud detected.
QUOTE(SKY 1809 @ Apr 26 2012, 03:03 PM)
Not only China lah.

Angmoh Blue Chips also got problems ones.

US and Europeans too.

Latest news is they pay their CEO with sky high pays and " hidden "  from shareholders .

Many CEOs treat these co as though their own companies and some use wire tapings  , same as CowGate hmm.gif
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Of course tai goh,
Just in general term, statistically the fraud detected is much more higher compared to the US/ European co. I thin CEO get excessive pay are much more better than some of those Chinaman in China purposely list their company in public to cheat investor.I just favor to invest in more matured market when comes to Small or medium cap.

But I think the current china situation is quite similar to what happen in US during 1960's - 1970's. A lot of opportunity are there. Predict there will be a Super bull run for next 20 to 30 years (like what happen US after 1970's drool.gif drool.gif drool.gif drool.gif drool.gif ).

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