auto credit is definitely more convenient. got my div credited to my bank acct on 21 Sep.

Next support line is 0.1

@lclwyp thanks for the comment. @0.002 dividend, the 1 bid for it to retrace is almost negligible. As it is, Xinghe is already ding donging between 7 and 7.5 cents. IMHO the downside risk is minimal.

Below is my analysis. Tai kors pls comment if incorrect.

If one is able to get at 7 sen. Dividend is 0.2 sen. ie 2.86% ROI in 2 months. Annualized it => 2.86% * 6 => 17.14% p.a.

If, 7.5 sen then 2.67% ROI in 2 months, Annualized => 2.67*6 => 16% p.a.

Not a bad investment with potential capital gain as well. Definitely better than putting in FD imho..

@albert63, yup.. that's the plan. just trade the range. of course, i'm keeping some in case it shoot up higher than 10c. eg. Buy 200k @ 8.5c or 9c. Sell 100k @ 10c and keep the rest. When it goes down, can buy back @8.5c or 9c. If shoot up, then u still have something to enjoy the ride. If goes down, you don't have to curse and swear.

Sold at 10c.. waiting for 9c. This counter have nice swing trade pattern. Not necessary for stocks to go up all the way to make money..

This stock can be good or bad depends on how you see it. From a TA perspective, the support and resistance are clearly defined. From Oct 2014, if one buy and sell between 9cents and 10cents, each time you make 1k for every 100k share traded I'd say you would have made a tidy sum. Of course hind sight is always 20/20. The question now is, will this trend continue or would there be a breakout? If the trend continue, then one just need to trade in this range. Look at the chart and think for yourself. Those who depends on rumour? Well, nobody is more concerned about your money than yourself.

Haha.. lots of so called inside news, ended up ppl buy more and more to average down.. do a bit of your own research even if you get the so called inside news. nobody is more concerned about your money than you. "Aim not to lose rather than aim to earn big bucks.." think about it. cheers

QvvQ, your question should be made before you buy rather than after you bought :p and if you are looking at fundamentals, you should be looking at companies like Maxis, DIGI, Tenaga etc as these are companies with good fundamentals. Stocks like Sanichi are what is termed as penny stocks. More for speculation.. ie when the sharks will come and goreng.. To swim with sharks, you need to be prepared to be bitten.. Doesn't mean you should, just mean that take necessary precautions.. Cheers.

Depending on what kind of profile you are. If you are swing trader, then support is at 0.08. if it goes below 0.08, then can consider cut loss. Otherwise can consider accumulate at 0.08 or 0.085. 2 resistance level. R1 is at 10 cents, R2 is at 14 cents.

You can buy cheap cheaper cheapest.. Or you can do some research and homework. Nobody is more concerned about your money than you.