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Delong   

"DE LONG"(Get Dragon)

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rheng87
    08-Jan-2018 21:51  
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i have a tiny position in this too.. i am hoping that the price will drop more for me to collect.. best is sub-$2
 
 
Berani
    08-Jan-2018 21:47  
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I think some ppl will start to short this counter tomorrow.

1 thing to note.. never ever forget the NAV is 8 dollar plus.. and this stock follow same pattern like last quarter.

dun blindly short.

My position is small that is why dun hit me alot

SgYuan      ( Date: 08-Jan-2018 21:41) Posted:

When I quote this , it is at 2.55.
Wave b uptrend EW w5 ended at 3.39.
It should start wave c.

 
 
SgYuan
    08-Jan-2018 21:41  
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When I quote this , it is at 2.55.
Wave b uptrend EW w5 ended at 3.39.
It should start wave c.
 

 
TigTig
    08-Jan-2018 21:10  
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thanks, it has gone up quite a bit, also don' t understand the business, so this one give it a miss.
Saw 9 months results super super good, so maybe can spike some more, but I don' t buy a stock i don' t understand. 

SgYuan      ( Date: 08-Jan-2018 21:06) Posted:

Tig, I happen to analyze delong on 6 Dec and do a projection base on EW.
It Look like following quite well on EW.
So I just highlight it.

TigTig      ( Date: 08-Jan-2018 21:01) Posted:

Huh, simi stock?    good?


 
 
SgYuan
    08-Jan-2018 21:06  
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Tig, I happen to analyze delong on 6 Dec and do a projection base on EW.
It Look like following quite well on EW.
So I just highlight it.

TigTig      ( Date: 08-Jan-2018 21:01) Posted:

Huh, simi stock?    good?

 
 
SgYuan
    08-Jan-2018 21:03  
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I posted this ew on 6 Dec.

SgYuan      ( Date: 08-Jan-2018 21:00) Posted:

I had monitored hi-p, float is less then 15%.
It still work.
But of course, not all stock follow EW.
But I see w5 ending.
Hope I am wrong.

Berani      ( Date: 08-Jan-2018 20:54) Posted:

Certain stock .. with alot of ppl playing.. I agree your method.

Certain stock not so active, wave method might not work.

 


 

 
TigTig
    08-Jan-2018 21:01  
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Huh, simi stock?    good?
 
 
SgYuan
    08-Jan-2018 21:00  
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I had monitored hi-p, float is less then 15%.
It still work.
But of course, not all stock follow EW.
But I see w5 ending.
Hope I am wrong.

Berani      ( Date: 08-Jan-2018 20:54) Posted:

Certain stock .. with alot of ppl playing.. I agree your method.

Certain stock not so active, wave method might not work.

 

SgYuan      ( Date: 08-Jan-2018 20:43) Posted:

As I said, this is a long term EW.
Wave b tgt 3.54. It hit 3.39 miss by a fair bit.
Fr the chart, the EW w5 end at 3.39.
It may start wave c.
And wave c is terrible.
Not going to project.
Hope it never come


 
 
Berani
    08-Jan-2018 20:54  
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Certain stock .. with alot of ppl playing.. I agree your method.

Certain stock not so active, wave method might not work.

 

SgYuan      ( Date: 08-Jan-2018 20:43) Posted:

As I said, this is a long term EW.
Wave b tgt 3.54. It hit 3.39 miss by a fair bit.
Fr the chart, the EW w5 end at 3.39.
It may start wave c.
And wave c is terrible.
Not going to project.
Hope it never come.

Berani      ( Date: 07-Jan-2018 10:28) Posted:

after dec.... this share up like crazy again.... same pattern

hit 4 dollar again soon...

dun miss the boat ya.


 
 
SgYuan
    08-Jan-2018 20:43  
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As I said, this is a long term EW.
Wave b tgt 3.54. It hit 3.39 miss by a fair bit.
Fr the chart, the EW w5 end at 3.39.
It may start wave c.
And wave c is terrible.
Not going to project.
Hope it never come.

Berani      ( Date: 07-Jan-2018 10:28) Posted:

after dec.... this share up like crazy again.... same pattern

hit 4 dollar again soon...

dun miss the boat ya..

Secret_Squirrel      ( Date: 06-Dec-2017 21:36) Posted:

Delong becomes Wulong. Updown updown😂


 

 
Berani
    08-Jan-2018 17:13  
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sien o not..

this SGx always ask the same question. The rise due to best performance la.

Somemore.. the NAV is so much undervalue.

Berani      ( Date: 08-Jan-2018 10:29) Posted:

those not yet grab the shares... grab the shares now...

dun lose this golden opportunity.

NAV is 8 dollar.

Secret_Squirrel      ( Date: 07-Jan-2018 12:14) Posted:

Looks like people Already know that this quarter will be good. 
I remember it started to Chiong a few days after the previous quarter ended. 


 
 
Berani
    08-Jan-2018 10:29  
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those not yet grab the shares... grab the shares now...

dun lose this golden opportunity.

NAV is 8 dollar.

Secret_Squirrel      ( Date: 07-Jan-2018 12:14) Posted:

Looks like people Already know that this quarter will be good. 
I remember it started to Chiong a few days after the previous quarter ended. 

Berani      ( Date: 07-Jan-2018 10:28) Posted:

after dec.... this share up like crazy again.... same pattern

hit 4 dollar again soon...

dun miss the boat ya.


 
 
Secret_Squirrel
    07-Jan-2018 12:14  
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Looks like people Already know that this quarter will be good. 
I remember it started to Chiong a few days after the previous quarter ended. 

Berani      ( Date: 07-Jan-2018 10:28) Posted:

after dec.... this share up like crazy again.... same pattern

hit 4 dollar again soon...

dun miss the boat ya..

Secret_Squirrel      ( Date: 06-Dec-2017 21:36) Posted:

Delong becomes Wulong. Updown updown😂


 
 
Berani
    07-Jan-2018 10:28  
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after dec.... this share up like crazy again.... same pattern

hit 4 dollar again soon...

dun miss the boat ya..

Secret_Squirrel      ( Date: 06-Dec-2017 21:36) Posted:

Delong becomes Wulong. Updown updown😂

SgYuan      ( Date: 06-Dec-2017 21:17) Posted:

Ext w5 EW 1.41 to 4.28 abc end 2.35.
This main EW start Fr 0.30 to 4.28 abc
This EW start Fr 1 Mar 2017, very big EW.

This is long time frame.
Wave a 2.35 (30days)
Wave b tgt 3.54
Wave c tgt 1.61


 
 
Secret_Squirrel
    06-Dec-2017 21:36  
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Delong becomes Wulong. Updown updown😂

SgYuan      ( Date: 06-Dec-2017 21:17) Posted:

Ext w5 EW 1.41 to 4.28 abc end 2.35.
This main EW start Fr 0.30 to 4.28 abc
This EW start Fr 1 Mar 2017, very big EW.

This is long time frame.
Wave a 2.35 (30days)
Wave b tgt 3.54
Wave c tgt 1.61

 

 
SgYuan
    06-Dec-2017 21:17  
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Ext w5 EW 1.41 to 4.28 abc end 2.35.
This main EW start Fr 0.30 to 4.28 abc
This EW start Fr 1 Mar 2017, very big EW.

This is long time frame.
Wave a 2.35 (30days)
Wave b tgt 3.54
Wave c tgt 1.61
 
 
Secret_Squirrel
    05-Dec-2017 21:44  
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Today it is the top counter rising 38 cents

Berani      ( Date: 05-Dec-2017 18:20) Posted:

such a bad news today... but share price up

Tommy12356      ( Date: 03-Dec-2017 21:33) Posted:

This is a control stock ....


 
 
Berani
    05-Dec-2017 18:20  
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such a bad news today... but share price up

Tommy12356      ( Date: 03-Dec-2017 21:33) Posted:

This is a control stock .....

Secret_Squirrel      ( Date: 03-Dec-2017 17:31) Posted:

If you look at the 3rd quarter report, the earnings from other income is also quite impressive.
3rd quarter in 2017 other income is RMB 33,002,000.
3rd quarter in 2016 other income is RMB 12,217,00


 
 
Tommy12356
    03-Dec-2017 21:33  
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This is a control stock .....

Secret_Squirrel      ( Date: 03-Dec-2017 17:31) Posted:

If you look at the 3rd quarter report, the earnings from other income is also quite impressive.
3rd quarter in 2017 other income is RMB 33,002,000.
3rd quarter in 2016 other income is RMB 12,217,000

Straight_Shooter      ( Date: 01-Dec-2017 12:09) Posted:



I don&rsquo t think we should write off a stock just because it rose many folds.

It is still trading below its EPS for 9M2017 of S$3.30 and NAV/share as at 30/9/17 of S$8.20 (Delong' s EPS for 9M2017 is RMB15.82 and its NAV as at 30/9/17 is RMB39.36: use fx rate of 4.8). Delong' s 9M2017 results is a record performance since Delong&rsquo s inception due to the strong turnaround in the steel industry in China.

Currently it is trading below PE of 1.0X which is inexplicable given that comparable listed steel companies in our region are trading at PEs from 7.5X to 22.0X. In particular, China Oriental Group (China steel producer) listed in HK is trading at a PE of above 8.0X (check Bloomberg).

Read COG' s Chairman report in its 6M2017 announcement to appreciate how the steel industry is turning around in China. Prices have risen by 54.8% due to China government&rsquo s &ldquo Supply-Side-Reform&rdquo policy. (check COG&rsquo s 6M2017 report).

Delong share is grossly undervalued based on financial analysis and given the turnaround in steel industry in China.
 


 
 
Secret_Squirrel
    03-Dec-2017 17:31  
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If you look at the 3rd quarter report, the earnings from other income is also quite impressive.
3rd quarter in 2017 other income is RMB 33,002,000.
3rd quarter in 2016 other income is RMB 12,217,000

Straight_Shooter      ( Date: 01-Dec-2017 12:09) Posted:



I don&rsquo t think we should write off a stock just because it rose many folds.

It is still trading below its EPS for 9M2017 of S$3.30 and NAV/share as at 30/9/17 of S$8.20 (Delong' s EPS for 9M2017 is RMB15.82 and its NAV as at 30/9/17 is RMB39.36: use fx rate of 4.8). Delong' s 9M2017 results is a record performance since Delong&rsquo s inception due to the strong turnaround in the steel industry in China.

Currently it is trading below PE of 1.0X which is inexplicable given that comparable listed steel companies in our region are trading at PEs from 7.5X to 22.0X. In particular, China Oriental Group (China steel producer) listed in HK is trading at a PE of above 8.0X (check Bloomberg).

Read COG' s Chairman report in its 6M2017 announcement to appreciate how the steel industry is turning around in China. Prices have risen by 54.8% due to China government&rsquo s &ldquo Supply-Side-Reform&rdquo policy. (check COG&rsquo s 6M2017 report).

Delong share is grossly undervalued based on financial analysis and given the turnaround in steel industry in China.
 

 
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