Sino Grandness

for those that did not go to the EGM..a few Q& A can be found here..
http://www.nextinsight.net/index.php/sto...-to-thrive

one good thing to note besides the "incredible" growth of GF juices, is the canned food segment which recorded a surge in sales in 3Q.

http://infopub.sgx.com/FileOpen/Sino%20G...eID=324723

SINO GRANDNESS 3Q14 NET PROFIT UP 30.0% TO RECORD HIGH OF

 3Q14 domestic canned food products sales surged 127.7% to RMB140.3m on higher
orders for Grandness canned fruits


for photos of the canned food...click here.. https://www.hightail.com/download/UlRSUX...R2R3SGNUQw
and the canned fruits are sold in canned bottles in different outlets.

http://www.nextinsight.net/index.php/sto...ss-aspects

did you all miss out this?

anyway good run today!

contra some and converted it into shares.

(05-01-2015, 11:07 AM)trade4life Wrote: http://www.nextinsight.net/index.php/sto...ss-aspects

did you all miss out this?

anyway good run today!

contra some and converted it into shares.

It seems VB has more traders on board, rather than value investors, or new buddies interested on value investing.

(03-01-2015, 12:00 AM)trade4life Wrote: Hi all,

i have been trading for many years. and i noticed this counter with a very strong upcoming trend.

wanted to know how is it that for a new product it is able to sell so well since the failure rate for this business is pretty high.

in any case, i took some so as not to miss the show. my experience tells me this is something exciting!

yup agree that coming out with new brand of juices has high failure rate but once you make it ....its boom time charlie.

GF tasted success after a few failures, they did not get it right in the beginning. Thanks to loquat they found success. You can say that they are lucky or they took the opportunity well. Now its time for them to grow this business and brand name throughout China and this takes time.

Somehow, TheNextInsight and UOB-Kay Hian seems to be feverishly pushing this counter. I am not surprise if there is some pump and dump activity going on. Much like Valuetronics awhile back.

Advice fellow buddies to practice caution..

(vested)

(05-01-2015, 08:39 PM)Wildreamz Wrote: Somehow, TheNextInsight and UOB-Kay Hian seems to be feverishly pushing this counter. I am not surprise if there is some pump and dump activity going on. Much like Valuetronics awhile back.

Advice fellow buddies to practice caution..

(vested)

I chose to stay on the sideline as current price is way too high above placement price. Having said that, Alibaba bought into SingPost at $1.42 a share and the price shot right up to $1.78 and it is now still way above $1.78. Price may or may not drop despite recent surge.

Short-term price swing, no idea, tml can crash back down to <40c.

Long-term wise if books are real, the fair value should be closer to $1.

found this post from nextinsight posted by BNN

quite interesting...on human behaviour and psychology.



~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

While it' s a fact that Sino Grandness is trading at less than 3X PE, investors are also getting into the stock because of its positive momentum. Investor psychology can drive the stock price further up, going by this chart (which is clickable):
[Image: cycle_chart.jpg]





At below 40 cents, amid worries caused by Newman9, the stock was at No.10 in the chart. That was the point of maximum financial opportunity but the sellers didn' t know it.

Now, at 53 cents, I think we are at No. 11 or No.12.

Excitement (No.2) will come if the stock hits $1.00, I think.

Euphoria ? What price do you think it would be at?
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My comments:

1. There is nothing inevitable about what will happen next. Please be careful not to learn the wrong lesson.
2. Instead of "Excitement (No.2) will come if the stock hits $1.00", how about "Excitement will drive the stock to hit $1.00"?