What your view on HEETON?

[chipmunk]

IPO price is 21 cents while the price is now 0.235
NAT should be around 38 cents. I know property stock NAT is usually higher but still feel that its a good time to get in now. Feel like buying 15 lots of it and hold it for perhaps a quater or 2

[bolts]

You should take a look at how much the management is paying themselves and the perks he have relative to other stocks.

It was shocking.

I would prefer a company whose interest is towards shareholders value by giving out dividends rather than keeping a significant portion of profits.

[chipmunk]

Originally posted by bolts
You should take a look at how much the management is paying themselves and the perks he have relative to other stocks.

It was shocking.

I would prefer a company whose interest is towards shareholders value by giving out dividends rather than keeping a significant portion of profits. another lesson learnt.

[chipmunk]

Originally posted by bolts
You should take a look at how much the management is paying themselves and the perks he have relative to other stocks.

It was shocking.

I would prefer a company whose interest is towards shareholders value by giving out dividends rather than keeping a significant portion of profits. Did u pocket a lot from today trading?

[bolts]

Originally posted by chipmunk
Did u pocket a lot from today trading?

The STI dropped a bit compared to yesterday. It wasn't as much as I hoped. So, I didn't make any trades. I will be keeping my eye on the DJ today. It's Friday morning in NY now - triple-witching day for them.

Monday may give me a chance to buy in.

P.S. : I only sell poor performers in my porfolio like Hyflux. To sell my winners will be like pulling out the flowers and watering the weeds. Example, Neratel which I brought during Iraq war at $0.265. I think it's around $0.55 today. (a 1-bagger),

[chipmunk]

Originally posted by bolts
The STI dropped a bit compared to yesterday. It wasn't as much as I hoped. So, I didn't make any trades. I will be keeping my eye on the DJ today. It's Friday morning in NY now - triple-witching day for them.

Monday may give me a chance to buy in.

P.S. : I only sell poor performers in my porfolio like Hyflux. To sell my winners will be like pulling out the flowers and watering the weeds. Example, Neratel which I brought during Iraq war at $0.265. I think it's around $0.55 today. (a 1-bagger), Neratel was really flying. Remember it was ard 0.27 to 0.29 3 mths ago.... Wondering why my semitech not flying yet? Can give some comments on this?
How is transview? Low P/E now. Wondering if it is time to enter, but the price will be enticing if it fall below 0.15

[bolts]

Originally posted by chipmunk
Neratel was really flying. Remember it was ard 0.27 to 0.29 3 mths ago.... Wondering why my semitech not flying yet? Can give some comments on this?
How is transview? Low P/E now. Wondering if it is time to enter, but the price will be enticing if it fall below 0.15

Stock price only go up if there is a demand for it. The stock market have effectively forgotten the tech bubble of 2000. You can now see people chasing up prices of tech stocks.

If semitech price didn't go up, it's because no one is interested in buying at a higher price. Smitech lost money in 1H 03 : -294K.

I played at Transview golf courses before. It deals in gold equipment and country clubs. The earnings only go up when people play more golf. It has never given out any dividends in the last 3 years......what value do you see in this??

[chipmunk]

Originally posted by bolts
Stock price only go up if there is a demand for it. The stock market have effectively forgotten the tech bubble of 2000. You can now see people chasing up prices of tech stocks.

If semitech price didn't go up, it's because no one is interested in buying at a higher price. Smitech lost money in 1H 03 : -294K.

I played at Transview golf courses before. It deals in gold equipment and country clubs. The earnings only go up when people play more golf. It has never given out any dividends in the last 3 years......what value do you see in this??
Semitech lost money in first half was mainly due to SARs if i am not wrong. Global demand for HDD had increase thus leading to business for SEMITECH as it is link to MAXTOR & SEAGATES. Think it will be in black for the second half as festive seasons will push up demand for such stuff. Anyway Recently it had clinches refurbsing contracts from compaq,nokia, samsung etc...
It sought out to be a cheaper ACCS...

[bolts]

Originally posted by chipmunk
Semitech lost money in first half was mainly due to SARs if i am not wrong. Global demand for HDD had increase thus leading to business for SEMITECH as it is link to MAXTOR & SEAGATES. Think it will be in black for the second half as festive seasons will push up demand for such stuff. Anyway Recently it had clinches refurbsing contracts from compaq,nokia, samsung etc...
It sought out to be a cheaper ACCS...

If you keen on a supplier riding on the trend of HDD recovery, one of the best stocks to own is Unisteel. If you have bought it 2 months back, it would have made a nice 60% increase in share price.

Unisteel makes tiny screws for HDDs. It owns a mind-boogling 56% of the global demand for these kind of screws, making it the dominant leader. In other words, number 1 in the world in supplying screws to HDDs. It's margin on tiny screws is a mind-boogling 27-30%. It's ROE has remained at 27% for the last 2 years (That's as good as Coca-Cola)!

Amazing company. Unfortunately, share price have run up significantly and it's no longer cheap. I only own a few lots in this one. :(

If you want to buy a supplier, buy the dominant one!

[chipmunk]

Originally posted by bolts
If you keen on a supplier riding on the trend of HDD recovery, one of the best stocks to own is Unisteel. If you have bought it 2 months back, it would have made a nice 60% increase in share price.

Unisteel makes tiny screws for HDDs. It owns a mind-boogling 56% of the global demand for these kind of screws, making it the dominant leader. In other words, number 1 in the world in supplying screws to HDDs. It's margin on tiny screws is a mind-boogling 27-30%. It's ROE has remained at 27% for the last 2 years (That's as good as Coca-Cola)!

Amazing company. Unfortunately, share price have run up significantly and it's no longer cheap. I only own a few lots in this one. :(

If you want to buy a supplier, buy the dominant one! Thanks for your advise :D