WB2F, I hope u will recover all losses asap. Yes csc will perform well, next qrt result is good. Chinwell I'm not sure but I'm still holding coz avg <1.50
I BOUGHT CHIN WELL RANGING FROM 1.73 TO 1.79. THE REASONS TO BUY ARE: CHIN WELL HAS STRONG & HEALTHY BALANCE SHEET, (2) REASONABLE HIGH DIVIDEND BASED ON 40% OF EPS. (3) KYY RECOMMENDED THIS COUNTER. Mr KYY WILL NOT SIMPLY RECOMMEND ANY COUNTER WITHOUT DETAIL STUDY, OF COURSE, SOME COUNTERS RECOMMENDED BY HIM DID NOT PERFORM WELL BECAUSE HE OVERLOOK CERTAIN FACTORS. TRUST HIM, HIS RECOMMENDATION IS GENIUNE & WITHOUT ANY BAD INTENTION.
I DON'T UNDERSTAND WHY PEOPLE KEEP SELLING. IT MAKE ME FEEL SUSPICIOUS OF THE COMING 1st QUARTER RESULTS OF 2017. LAST QUARTER THE COMPANY REPORTED "Barring any unforeseen circumstances, the Group anticipates satisfactory performance and growth in the next financial year". FROM HERE I EXPECT THE PERFORMANCE TO BE GOOD. HOPE THAT THE COMPANY DON'T BULLSHIT.
"The Company has, on 18 October 2016 received a notification from Mr. Lim Chien Ch'eng, a Director of CWHB that he intends to deal in the securities of CWHB between 20 October 2016 up to 18 November 2016 during CWHB’s closed period."
Dealing can be acquiring or disposing shares during 20 October 2016 up to 18 November 2016 Mr Lim has 5,893,650 shares 1.97% Usually will acquire or dispose shares within range 0.0x %.
This is just a normal sideway. Nothing related with KYY. As i know he only buy in after last quarter report come out and will sell only if the result turn bad which same case as FLBHD. Some people doubt why he sell so late and only sell based on report. I am agree with KYY to hold it until result turn bad. Be patient, I grab it at 1.45.
I have to thanks to that environment news or else I won't be able to get my avg holding <1.5 My view is authority will only issue administrative fine, so many reference cases already.
On July 28, Dong Nai Province’s environment police, in coordination with the Department of Natural Resources and Environment, discovered Chin Well Fasteners Vietnam Co., Ltd was using one of its two underground pipelines to discharge untreated wastewater directly into the environment., the Malaysian-owned firm that manufactures bolts and screws has denied the claim, saying the water is used to irrigate trees.
Authorities also found a large amount of waste buried on the site, news site VietnamPlus reported on August 12, quoting Vo Van Chanh, vice chairman of Dong Nai People’s Committee.
Taiwanese company Formosa hit the headlines recently for causing one of the biggest environmental disasters in Vietnamese history, killing tons of fish across four coastal provinces. The company’s test-run led to the discharge of toxic substances into the sea, including phenol, cyanide and iron hydroxide.
The company has officially apologized to the Vietnamese people and promised to pay compensation of $500 million to make up for the damage.
Hopefully Chin Well will not be committed as the company has denied the offences.
Whether or not KYY awares of this news. If yes, probably we can see how his response to this news. But so far there is no panic selling. Taiwanese company Formosa has officially apologized to the Vietnamese people and promised to pay compensation of $500 million. This is a very huge sum. However in Chin Well's case, no injury or death are caused to any fish, animal or human life. There may be a small fine or penalty if found guilty.
Nothing significant. The amount of pollution they did was negligible. This is a stock to collect, you look at the graph and financials. People are definitely collecting it, just waiting to burst up only.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
LouisLim
224 posts
Posted by LouisLim > 2016-10-15 20:19 | Report Abuse
I bought Chin Wel around 1.68. Just little paper gain, hope will up soon.