SYKN

SYKN | Joined since 2013-09-05

Investing Experience Intermediate
Risk Profile Moderate

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2014-04-23 08:32 | Report Abuse

Looks cheap now; I went back in to buy some more at 27 cents. A lot now depends on whether it has booked more gains in the coming Quarterly report, as one analyst predicted.

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2014-03-21 08:10 | Report Abuse

I guess that's why GLP made a huge investment into logistics warehousing properties in Brazil, as a form of diversification. But its primary focus is still very much China, and I guess it just have to roll with the punches. This stock appears to have pretty high beta, so I expect the volatility to be high in this market.

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2014-03-19 09:18 | Report Abuse

Yes, I also added a few more lots but the price went further down! Scarry, eh? But in this case, I believe that those willing to be patient will be rewarded. Already the 9M earnings have exceeded annual earnings for all the previous years. When the FY results come out in May, we should see a surge in share price as people discover its positive FCF.

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2014-02-07 22:40 | Report Abuse

Lady, even blue chips can turn blue-black if you buy at the wrong time. If you are not so familiar with the stock market now, I recommend that you go for ETFs (although I never try it myself), because stock picks have inherent risks involved, always. Just my 2 cents worth of advice.

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2014-02-07 14:07 | Report Abuse

Agreed. Its really good track record has only been the last 2 FY, which is not very long. I am vested a little bit, but going long, in case it's a dark horse, although this dark horse is now very popular and not so dark anymore.

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2014-02-07 14:03 | Report Abuse

CFGL fell from a 52-week high of 85.5 cents to 31.5 because before acquiring Copeinca, it was doing badly. The greatest challenge in this acquisition is whether what is essentially a Chinese company can integrate and synergize the fishing operation of a Peruvian company and do well. My own assessment is that the jury is still out, so though I am vested (I'm a newbie and my valuation skills were terrible then), I dare not buy more. In any case, after all the hullabaloo this morning, the share price has only risen 1 cent from yesterday's closing, so you won't lose much if you dive in to get some more now.

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2014-02-07 09:26 | Report Abuse

I think market is very nervous with its change of top leadership and also the recent debacles with S-chip shares like Eratat. Unless there is undiscovered fraud, I believe its value will come back up with time. I may be wrong, but I take the profit warning positively because they don't have to do this unless they care about shareholders' loyalty.