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原帖由 mm008 於 2007-6-28 10:08 PM 發表
投資建議：
Nanyang Holdings Limited (0212.HK)
最近很火紅，可留意。
http://hk.finance.yahoo.c ...

This is one of my favorite stocks.  I have 36,500 shares and my average price is $10.24, net of dividends.  Although NAV is now around $40, at $18.20 and recently ex-div of 70c, the upside potential might be limited.

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原帖由 ytt 於 2007-6-29 04:13 PM 發表
for 212 my EQ is less good
got it at 9.5 one year ago
and sold at 15 in March this year when it started to soared up
not dare to chase again

At this price, I think there's little downside risk.  

You must have got it longer than a year ago @ $9.50.  I bought my first batch at around 18 months ago @ $9.60 and it has not looked back since.

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原帖由 peninsula 於 2007-6-29 05:19 PM 發表

Excellent. Such a great profit on paper!

Yes, and the best part of it is, one could place a bigger bet on it but could still sleep well at night, as there was zero risk then.

One can easily find a stock that can gain that much in a day, but would one put a big bet on it?

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原帖由 peninsula 於 2007-6-30 02:36 PM 發表

Any such "zero" risk stocks still available & undiscovered?

I have one stock #224 but unfortunately, it was zero risk when I started to buy it in April, but has risen in the last two months to now become a minimal risk stock at today's level.

They are due to announce full year's results on July 11 and I have no doubt that it is a very good one and I have at least 5 good reasons to supoort my view.  But whether the market will give them the credit they deserve, I don't know, and that's the only risk that's involved.

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原帖由 ytt 於 2007-6-30 01:17 PM 發表


I checked again and find that you're right, it was mid 2005. Time goes so quick when your're earning money

and time goes slow when you're sitting on the boat

I bought my first batches on Sep 20, 05 @ $9.70 and on Sep 21, 05 @ $9.60.  

Today, 21 months later, it hits another milestone.  It's now trading @ $19.50, over 100% gain.  And this is despite a recent special div. of 70c.

It has been hitting consecutive new highs every day for almost two weeks.  No sign of stopping.

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原帖由 Sharp902 於 2007-7-6 03:34 PM 發表


Thanks for your advice. But the daily volume is so low and the spread is quite high, it may not be easy to sell when you wanna exit.  What do you think?

This is always the problem with thinly traded counters, but I never worried about that.  I only worried about not able to buy enough and I am empty handed this week despite bidding everyday.  And I am worried about a lower than expected financial result due next week. All you need is patience and I will keep trying.  I have been a shareholder since 1992 and they have had bad years.  When you have had a string of bad years, the stock would be ignored by the market.  During the lean times, this counter had periods when there was zero transaction for months.  After all, the stock is closely held by connected persons with relatively little held by general public.

The result announcement is due on Jul 11 and unless I missed something (like write-offs),  I see no reason why they don't deliver a great result.  In a way, some positive results have been laid on the table for us to see if you have been following what they are doing.  If the result turns out to be in line with my analysis, the interest in this counter will be mounting at least for the short term.

In short, when the spread is so big, chances are, you are able to buy in at a lower than fair market price as there are always desperate sellers.

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原帖由 peninsula 於 2007-7-9 02:23 PM 發表

I got in on #224 but such large BUY/SELL spread. My average cost @$0.91.

How could you possibly get in at 91c recently.  All recent 91c trades belonged to my friends.  As a matter of fact, literally all bids around that level in recent days were from me and from my friends.

[ 本帖最後由 dejavu2003 於 2007-7-9 14:33 編輯 ]

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原帖由 dejavu2003 於 2007-7-6 02:32 PM 發表


I bought my first batches on Sep 20, 05 @ $9.70 and on Sep 21, 05 @ $9.60.  

Today, 21 months later, it hits another milestone.  It's now trading @ $19.50, over 100% gain.  And this is despite a recent special div. of 70c.

It has been hitting consecutive new highs every day for almost two weeks.  No sign of stopping.  

It has gone crazy.  I sold 2,000 today just for fun.  I've learned the lesson and will sit on it unitl it hits $27, which is about 40% discount to NAV.

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原帖由 dejavu2003 於 2007-7-9 08:45 PM 發表


It has gone crazy.  I sold 2,000 today just for fun.  I've learned the lesson and will sit on it unitl it hits $27, which is about 40% discount to NAV.

Almost half way there @ $24 today.

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原帖由 peninsula 於 2007-7-11 09:20 AM 發表

Yes, very good. Are the BUY orders of #224 and #212 from you & your friends?

On #224, I had 100K out of daily volume of around 200K.   Some of the remaining might be my friend's wife's.

I start to be a seller on #212, not buyer.

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原帖由 peninsula 於 2007-7-11 11:15 AM 發表

I was going to get into above 2 today. #310 is on the move again. Is it still a BUY now?

I am not selling my holding based on the advice from .....

But I am not buying as I don't know exactly what they are doing and I am not comfortable.  May be I am too cautious but if I have to give you advice, I am inclined to say don't buy.

#224 is due to announce their result today.  They made $129 million last year, and if they didn't earn $250 mil this year (after revaluation), they must be hiding their profit somewhere.  My quick and dirty calculation is that htey might be making as much as $300 million, makiing the PE under 3X.  But I just wonder, why so little buying interest recently.  Apart from me and my friends, there are few bidders.

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原帖由 peninsula 於 2007-7-11 12:14 PM 發表

Thanks for info. I will put in a small order for #224.

Dill La Ma.  #224 is hiding their profit ($57 million) in reserve.  They put the damned thing under Asset Available for sale and don't have to put the revaluation gain in the P&L.  They put $57 million gain (from memory) last year in reserve from their holding in #662.  I'll find out what they put in Asset available for sale when they issue the Annual Report but I guess it's the property of KLN City Plaza and 68 Yee Woo Street (in a joint venture with MS Proerty Fund.  Brotther B4321 pls take note.  This is an alternative to buying MS Asia Proerty Fund).  How long can they hide the profit from us?

I missed out on the forecast on only one thing this year.  The revaluation of the Pioneer Building in Kwun Tong.  Everyone knows that Industrial Building + Kwun Tong is the hottest thing in the past year.  They had it on the book at around $800 per sq. ft and they only revalue it for $110 p.s.f.  I had the revaluation at $500.  I learned from the tenants that they only renew the leases for everybody to a same date next year, and this is a sign for sale or re-development.   I am going to 鬥長命 with you suckers.

[ 本帖最後由 dejavu2003 於 2007-7-14 18:09 編輯 ]

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原帖由 dejavu2003 於 2007-7-14 06:04 PM 發表


Dill La Ma.  #224 is hiding their profit ($57 million) in reserve.  They put the damned thing under Asset Available for sale and don't have to put the revaluation gain in the P&L.  They put ...

When you hold an asset (#662) for over 10-20 years, and you want to put them under Asset Available for Sale??  This is not possible.  You have cross-holding with Asia Finance.

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原帖由 peninsula 於 2007-7-14 06:07 PM 發表

Then, I will put in a large order nest week but cannot use HSBC so I need to move some funds first. Watch out for either Hantec and/or Chief. What price to buy?

Thanks.

I always use the logic on this thinly traded counters that there's always desperate buyer who are fed up with no transaction for a long time.  I always put a lower than market bid and hope for the best.

Although, this turns out to be poor decision recently.  I changed my mind at the last second even though I could pick up 100K at around 72c.  I ended up buying at 91c & 97c.

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原帖由 peninsula 於 2007-7-14 06:19 PM 發表

You mean 92 cents, right?

No, it was 72c around May or something.  I picked up the phone to the broker but hanged up.