China Medical Share Discussion Threads

[fr4dge] 20/10/2009 13:47

Agreed dasv.

I was trying to remember that saying the other day.

I often think that it's vey apt - though not much comfort when you want it to get cracking on behaving like a weighing machine.

[dasv] 20/10/2009 13:41

Market short term is a voting machine and long term it's a weighing machine.

That's the beauty of picking up quality small caps which offer deep value after a wider market crash.

[fr4dge] 20/10/2009 13:38

Surprised no-one has posted on this today.

Looks like the market is finally beginning to cotton on to this share's many attributes.

Rapidly growing profits / turnover.

Great sector / geographic market - Pharma / China

Great balance sheet - net tangible assets cover over a quarter of the share price.

[azalea] 16/10/2009 18:28

I have been trading CMSH and have never taken a loss; nice little tick up today.

[fr4dge] 16/10/2009 14:59

Me too b.

Think we are at the start of the story for this one though.

40=% growth in EPS for the next 5 years should do wonders for the share price.

[boadicea] 16/10/2009 14:58

Thought I got a good deal at 160p in mid July.

[azalea] 16/10/2009 11:23

When I bought my dealer told me that Winterfloods offer was @ 280p.

Edit: 13:27hrs.online limit of 100 to buy!

[stegrego] 16/10/2009 10:42

Bought some at a cracking 137p - (was in May though ;) )

[kannerwas] 16/10/2009 10:34

bought 5k @ a cracking 267p - brokers. That was two days ago, though.

[radarlove] 16/10/2009 10:28

Added 1K @ a cracking 266.4p - Selftrade.com.

[azalea] 16/10/2009 10:14

Added 2K @ a cracking 268p - iDealng.com.

[stegrego] 13/10/2009 12:50

30-40% earnings growth ought to deserve a premium p/e rating.

However, this is Chinese so its doubtful that will happen.

[dasv] 13/10/2009 10:22

I'm not joking when I say 500p easily and I don't ramp shares. I make this claim on valuation and earnings growth grounds.

[azalea] 13/10/2009 08:19

With 90% of shares in major holders hands that leaves just 5m in free floate minus shares held in PI hands. The rise yesterday despite only modest buying reflects how few shares are out there. Hold tight!

Edit:correction to my post earlier. I meant to say "Do I hear 300p" not 400p. That said, my error could be just temporary.

[azalea] 12/10/2009 13:06

Do I hear 400p?

Edit:
Radar: The rise is simply the result of modest buying when the number of shares in free float are very small; that said, it is up only 7%. When significantly positive news is announced the share price will rise disproportionately if the buyers move and force the MM hand - trying to find sellers to fill the orders. As you will know. we had cracking H1 results and the prospects are as good if not better for H2/FY. Thus the share price has been left behind somewhat in the booming Chinese domestic market.

[radarlove] 12/10/2009 10:47

Just wish some positive news would appear to assist this upward move. I note there was a trading update last December. Perhaps, that is the best we can hope for.

[azalea] 12/10/2009 10:41

Just goes to show what a few buys can do when there are so few share in free float.

[dasv] 12/10/2009 10:00

finally it wakes up ;)

[azalea] 08/10/2009 09:20

O/T
As you can see from reading the thread, my favourite non China stock is DIA.

Of course lets not forget what is right under are noses, CMSH has just announced an important deal in a joint venture for baby food products. I believe the only way this company will gain the recognition it deserves is by continuing to produce current performance levels.

Edit: 1014. DIA on a roll.

[fr4dge] 08/10/2009 09:05

Mattjos,

Well worth looking at Geong (GNG) too.

Another Chinese gem - rRapidly growing - market leader in a rapidly growing sector.

Amazing blue chip client base.

Share price 90+% covered by net tangible assets.

Looks like a total no-brainer to me.

[mattjos] 07/10/2009 23:25

azalea .... Your post did leave me smiling! I've also waited here in vain since taking a profit after H1 results, firmly expecting a retrace but it's swallowed the divi and not gone back ...... now just waiting for a shake one day (might just be wishful thinking).. suspect I'll just be doing the same as you any day now .... having read one of your other posts today we seem to be in the same stocks right now .... WCC, HAIK, CHNS etc ..... there is one though that has sneaked past me & maybe some others on the Chindia front .... have you had a look at IIP? No positon yet (unfortunately) but I like the look of it, subject to a further drains up this weekend & some good posters there. GL here

[azalea] 05/10/2009 16:06

Having waited in vain for a dip, I bought this pm, H1 numbers were excellent, a repeat or more for H2 should move the share price up significantly.

[stegrego] 24/9/2009 12:33

'with an oversubscription rate of almost 600 times for Sinopharm Group Co., China's biggest drug distributor, which rose 16 percent on its debut yesterday'

Floated yesterday in HK - nice to see interest in same sector / location