29 March 2012: Templeton Worldwide, Inc. increased its deemed interest in China Minzhong with the purchase of 6.611 million shares.

China Minzhong in good mood +2 cents today, 99.5 cents still below $1, hahaha... cheap

If you say so then it must be so, it cannot be otherwise.

Congra you on choosing millionaire making penny.

wish you all the best.

and i am still learning especailly from you ,i am no expert, but so far lucky to make my fortune.

may you be well and happy.

i am here becos my e-mail notify me a message was posted here in nextinsight.

You are just an self-centred empty vessal that that talk nonsense!

If one asks those experienced middle-aged to elderly that make tons of money from stocks b4, it is pennies stocks that made them millionaires from working-class origins. Of course must be able to choose those multi-baggers GOOD FA penny stocks which is why FA in penny stocks is very important,

Only morons and ego-manics with 10 cent-size brain will say never vest in pennies stocks and FA in pennies are not important at all,

u don't try to pretend to be an expert about stock investing when u in fact u know very very little

Look even this site here, nextinsight talk about sapphire was how good, and some s-chip, especially sapphire,  from 34c, today it is only 15c!!! miserable. 

those who bought i think still hold them tight like their love ones.

Are you one of them, hisey???

never vest in penny is one lesson i learn.

penny are strictly for trading like in this rally.

they got no fumental to talk about, if they are so good, then those BB would have take over and privatise them, why just buy a stake in it if they are so confident.

Penny are for trading, they have got no fundamental to talk about.

If you think they are, and if you say so then it got to be.

But you must be prepare to be penniless in due course.

I never like penny, and i dont bother to read about their fundamental.

I only like blue chip.

ask those of them here who bought penny, till today, they are still deep in red.

You talk NONSENSE!

What FA of a penny stock is not important??!

In a rally, fundamental no longer valid, look at all those lossing penny, just because some well known BB buying a stake in it does not make it any more profitable than mkt assume they are, because the BB buying the counter.

Just ask, if they are so good, why not buy up and take it private, why buy only a stake in it. Ask Peter Lim why he bought Thomson medaical and take it private, but not the rest of the counters he got interest in??? They can if they really want to.

They are there for a purpose best known to themselves, and i know why? but that is subjective, we end up arguing no end. Just profit from their action and get off before the music is over will be fine, dont talk fiundamental for penny, I never like penny, but except to trade them fast in and out.

WHY FEAR WHEN THE TREND IS CLEAR.

By the time you finish doing your due diligent, this rally, will be over.

If you still are stubborn, like those way back in Oct, most of my friend, they are crying foul, but they still say, the crises is far from over, who dont know? Greece got no money to pay. BB rule the mkt, we play according to their rule, they dont play according to " your due deligent" or so call fundamentally good stock, What so good if nobody is interested in them.

A stock is only good if it is liquid, and BB are in it. If you buy a fundamentally good stock and wait but BB are not in it, your money will rot here by the time this rally is over. That is opportunity cost. People are making money in this rally except you.

Go with the trend and not against if you want to make money in this mkt.

You all know this Kevin Scully, he always say buy this and wait for mkt to realise their value and in the meantime collect div., but most of his stock are not liquid, you wait and wait, but nothing happen, 

So while waiting, what shd we do, go play golf with him!!!

never buy a stock for it div. it sound good, but you see other counter going up 20 to 30% in a short time, so what so good abt your 5% to 10% div.

Ride the trend to summer, you be glad you did, have a stop loss for the just in case, there are not sure thing in life.

may you all be well and happy.

hisey, you sound very anxious. Two things i can share with you:

a. GIC is still a shareholder with 17% stake.
It cannot sell its stake without the world knowing about it, since it has to make declarations. Its 17% stake is mentioned in this article:

Kim Eng: CHINA MINZHONG growth intact

b. GIC's stake, however, is no guarantee that China Minzhong is a profitable stock investment for you or anyone else. It depends on the price you bought.

A few days before last Xmas, this stock was below 70 cents. It would have been a superb buy then. I was too distracted by the Greek noise and didn't buy it. At $1.00 currently, it's not an expensive price but only with hindsight ( a few months from now) will we know if this was a good price to enter at.

You ask, but how many dare to stick out their neck to give opinion, but this stock is unlike s-chip.

I think you should buy on dip and hold till June for capital gain.

I believe it is easily 1.3 to 1.5 stock by then.

but you have to be responsible for your action, there are truthly no sure thing on earth, otherwise , pig would fly. I would have been level with WB.

i am in a mood to post today, somehow, hope my post bring you profit for this counter.

may you be well and happy.

any views on why this counter fall to below $1 today? any news??

Thought read in SI forum recently past few wks got ANG MO BBs bot at 1.14 and above 1.05

Target $1.68? So much higher than stock price now of only $1.015

CMIB raised china minzhong's target price to s$1.68 from s$1.43 and kept its outperform rating!!!

Last week, Macquarie report: We expect Minzhong to deliver revenue of Rmb837m and adjusted EPS of Rmb0.41 during the seasonally strong second quarter, representing 54% and 48% YoY growth, respectively.

Today, actual results: Only 19.4% and 11.8%, respectively, no wonder the stock is down 4.5 cents to $1.105.

Macquarie was tooooo optimistic.
Angmo doesn't mean zhun, ok.

Hi Yeh,

A quick look at the trading volume and patterns during the past week suggested a different story.

There are some big buyers coming in and the stock looks poised for another upside in Jan-Feb 2012.

I have bought some stocks purely on trading ideas.

Expect the unexpected.

Just announced today by Prudential Asset Mgt that it is no longe a Subst Shareholder of China Minzhong. This is a late announcement as Pru had sold 575,000 shares on 4 Jan and went below 5% stake.  Don't understand why Pru sold so cheap a price. Probably around 90- cents. This will cause anxiety in the market and the share overhang will not go away so soon.