[soberguy]

Happy New Year!

Sorry for the lack of update on this thread since I was busy. The last time I had a view on the market was before Christmas where I would expect the market to be quiet due to the long holidays in Europe and US. However, I was taken by surprise that given limited trading days, the market couldn't escape a bloodbath which I will highlight a few below that is more interest to investors or has taken serious beating during the Christmas & New Year period.

TinTin130670 294
GodsentSYT -64
chinaboy -7
Zhou Shihai -16

Looking at the situation, it seems that fund managers were taking a dressing on their portfolios resulting in bloodbath in a few sectors, particularly those shares with ZhuHai portfolio. GodsentSYT has dropped more than 100pts, 200% down. Investors are panickly with the news on their latest development that everyone is shifting their portfolio to safer haven.

Inevitably, the subsidaries chinaboy & Zhou Shihai took a beating as well since their forecast ain't promising as there are insider news that both subsidaries may need to pump their coffrets to substain the parent GodsentSYT.

However, their competitor TinTin130670 has escaped the bloodbath mainly due to the sound management and its capital size. Together with the new plan in the pipeline, investors are putting their faith with a support level at 290+.

Lastly, one particular take on this stock which still remains unpopular is jameschong. Althought at its attractive valuation given the cheap pricing, tt seems to face persistant selling pressure from investors. It has dropped from 16pts to its current -8pts thought we do not see heavy volume in this stocks. There is a HOLD call for this stock pending to the company announcement in mid Jan.

jameschong -8