QUOTE(spring onion @ Jul 3 2014, 10:21 PM)
for CSL case, who ever bought it sendiri cap sang la, but everywhere now and then, sure got party who likes to goreng such shares
Oiii... onion.
CSL again meh?
Really?
Yes, I AGREE with you that any BAD, LOUSY and CHAP LAP shares can be goreng
Fried until hangus.
As can be seen lately, half baked fundamentals also can be used as reason to fry a stock.
This is how the stock market is....
However.... the risk of course.... if you are
not lucky (sarcasm deeply intended

) you would run into a share like CSL.
Anyway, just the start of this thread...
post #3QUOTE
Dunno how many times must say.....
NEVER TRUST THE CHINA MAN STOCKS!!!!
And for the matter of CSL....
Would it surprise you that I have warned against the punting of this share since...... April....... 2013!!!!!!

LOL! Bragging time lor....
See post #102QUOTE
good NOT.
Good stock don't simply simply IPO and then die until so low.
You can see the classic reply....
QUOTE
But last year, year to year got growth wo. hmm.gif
And technically it is at over sold zone 22 like that hmm.gif
Anyway, I just look see look see only for now
My blunt reply.
QUOTE
I won't buy.
The downtrend in the stock is so unreal.
What is low today could be a high in another month's time.
But if you like you go buy.
another reply of mine....
QUOTE
Last month, I read comment on this stock before on a blog.
Currently, it's cash is more than the traded price.
When the cash is more than the traded price, that means the stock is free, yes?
The owners should be aware and they should be the ones sweeping up the shares.
Sapu finish, kasi private.
CSL owners did none of that.
Instead, they were seen selling shares at 0.60!
doh.gif doh.gif
Their IPO price was 95 sen!
doh.gif doh.gif
Cash per share is NEVER EVER a 100% safe indicator cos CASH LEVELS (esp as seen in several Chinaman stocks) can be easily faked.
Of course, many don't believe these kind advices...
For example:
QUOTE
See its NTA how much and now how much ....
I think got external/third party auditor to check one , right? .....
Why was I so convinced that the CASH levels were fake then?
QUOTE
Yes cash on hand can easily be manipulated.
The biggest giveaway that something is not right is when the owners disposed shares at 60 sen when the company's cash per share is more than 60sen!
And this is the stock market.
Many can be seduced to trade/invest/punt in a stock for all the wrong reasons...
They see the stock trading at a huge discount over the stock's highest price.
Buy low sell high is what they always have been taught.
They then see the NTA. (duh!)
They see the low PE (duh!)
And sometimes (and more so in a hot bull market) whatever advice we can offer goes in one ear and out another.
The man with the wok and the cooking oil... LOL
He the man yo!
He can fry it until no Aunty can recognise!
For the record: last April 25, CSL traded at 34 sen.
Yesterday CSL closed at 7.5 sen.
This post has been edited by Boon3: Jul 4 2014, 08:43 AM