$China Sunsine(CH8.SI) Once it goes below $1.10, I think it's a good time for me to start accumulating. I'll keep my stop loss around $0.90 (1 year low). The upside is $1.60 (1 year high). This makes the risk-reward ratio ~ 1 : 2.5. Praying for it to reach my buy-zone in the next few days. :-)

Let me know if you guys have anything to add. :P

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26 comments
winstonwisdom

I have input my limit orders for China Sunshine. Staggered my purchases from $1.10 to $1.05. Will release all if it plunges below $0.90.

winstonwisdom

My day order to buy @ $1.10 never filled. Sadz. :-(

juliancyk

Try to chiong, but boh lat. Tomorrow will not be better

rafaellohyis

Reply to @FA_TA : Haha in my watch list. Looking for a good ep!

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FA_TA

if sunsine don't lose money, maintain say v v conservatively 15 cents eps. how many years it will be a net net stock at current price? excluding whatever divvy u get?

btw sunsine sell rubber chemicals, not sell cars. though there's correlation la

chanchan1

Technically it reached your buy zone liaos, got buy?? I bought at 1.22 few days ago

winstonwisdom

Reply to @chanchan1 : After market close today. Yeah, 90% jeep already. :-)

Hope I don't become the sucker. Haha...

winstonwisdom

Already hit my buy point. I wait for today's close to decide what to do next. Thanks for your opinions!

Appleman

O really? Then I shall keep selling to you.

Master_GongJiaowei

I think you can prepare to buy at the one year low instead

FA_TA

Reply to @winstonwisdom : lol.. u got ur plan and valuation but kena scared so easily. @Master_gongjiaowei cfm not vested nor shorting, his style u must understand

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ljunyuan

The past few days the sellers are in control. The MACD is deep into downtrend, and RSI is way below its oversold levels. Gotta be very careful when investing in this company now...

winstonwisdom

Reply to @ljunyuan : Which makes it appealing for me to jeep :-/

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