China Medical Share Discussion Threads

[azalea] 25/2/2010 07:55

dasv
WCC(I hold) has not listed yet, but will be doing so in Q2.

[dasv] 24/2/2010 18:12

azalea - I missed that statement. WCC benefited from an HK listing - CMSH will too IMHO.

[azalea] 24/2/2010 16:22

Ticking up nicely, at this rate by the time of the FY results I am looking for it to at least regain its earlier January 2010 high of circa 595p(offer). results.IF the previously mentioned H.Kong listing is 'firmed up',then coupled with the results(expected to be well up on 2008), we could see the share price continuing to rise. DYOR

[azalea] 18/2/2010 16:07

DASV
Did you pick up on the 13/1/10 statement which included "it is exploring the possibility of listing its shares in Hong Kong? Judging by the rises in the share price of RCG and ACHL after they listed, if CMSH announces the submission of an application to list,it could put further steam behind the share price

[azalea] 18/2/2010 07:59

Yes, if the share price can leap back up( as quickly as it inexplicably fell) ahead of the FY results in April, all will be back on track.

[dasv] 17/2/2010 16:35

quite a bounce. Came much faster than I expected.

[azalea] 17/2/2010 16:14

Looking good, onward and upwards!

[azalea] 17/2/2010 12:59

Off we go and I'm 'in' for the ride!

[dasv] 17/2/2010 12:04

Yes perhaps the market won't let us have shares in the 300s.

[azalea] 17/2/2010 11:33

droid
As buyer start to nibble,it could be a sign that the fall has come to an end with the tide on the upward turn! If so it could well be a buying opportunity.

[dasv] 17/2/2010 09:34

Yeah me too.

fibb retracement levels:-


Downside active targets on P&Fs represent buying opp levels IMHO




bull run intact according to daily ichimoku


PEG 0.1! Div well covered, good balance sheet

[azalea] 17/2/2010 08:04

Barring skeletons coming out of the cupboard, I would be a buyer @ sub 350p.

[stegrego] 16/2/2010 23:11

Id say the drop is just because the price got ahead of itself. Doubt any bad news.

Sub 350p would be a decent buy again.

[dasv] 16/2/2010 17:20

boadicea - I have similarly sold initial investments in WCC leaving the rest to ride. I like SFT too but dont' hold. I got out of RCG purely on technicals in the summer after holding since 2007 to no avail.

regarding CMSH - on updata traderpro, rolling PEG is now 0.1 for 2011 which is extremely cheap (I haven't seen much cheaper). CMSH pays a dividend which is going to grow and broker estimates are for strong EPS growth.

I completely agree the price was due a pull back and congrats on your percentage profits.

[dasv] 16/2/2010 11:19

my guess is either there is a distressed seller or something is up which has not been reported on yet.

[azalea] 16/2/2010 10:54

Have the MM picked up something untowards in the anouncements that PIs have missed which would account for the significant drop in just days? The share price has now fallen through the 460-475p support range, I really do not envisage sub 300p, if that happened, I would suspect something seriously negative was afoot.

[dasv] 16/2/2010 08:39

Support is either here in the 460-475 range, 400's or 220.

[dasv] 15/2/2010 14:06

That's quite a fall for a single day - I wonder what the story is.

[dasv] 15/2/2010 10:22

My current holding is 100% free ride so not bothered. I might add some more when downward momentum is finished.

[azalea] 15/2/2010 10:15

dasv
Judging by the movement this a.m. you could be right. Watching closely.

[azalea] 12/2/2010 14:48

U.S. stock futures were lower Friday after China hiked its reserve ratio escalating worries over global economic growth.

[dasv] 12/2/2010 11:42

Maybe topped out now.

[hannahh] 03/2/2010 11:16

Positive trading update supports strong rerating

R&D activities spun off, leaving sales / marketing / distribution focus

Possible listing in Hong Kong has valuation implications

For free reports on China Medical and other undervalued companies log on to: