Xinquan

CIMB issued a important bullish buy call report on 9 Feb 2012. But Xinquan share price did not break-out nor close with high volume on the same day. Why? if the news is real, insiders/smart money would have taken the first move. Observe the price and volume surge since end Jan 2012. This report was issued at the point where share price hitting a strong resistant level 0.95. So traders be aware. That is how market is being play up. Remember:

1. Market is driven by emotion in short run, fundamental value is irrelevant. - "Market is voting machine in short-run and weighing machine in long run".
2. Market is manipulated by syndicate and smart money.
3. Market is designed for the benefit of the rich.
4. Research house / Analyst do not work for you, but the rich.


Still finding out how to post a PDF file here. Can someone teach me.

Summary:
1. Two small-cap casual wear stock - China Outfitter (COH) & Active Group Holdings (AGH) listed in HK in Q411 trading at PE of 7-8x Cy12.
2. Xinquan trading at unwarranted PE of 2x
3. Xinquan is piling up cash - two possibility
(i) privatisation
(ii) dividend payment

With the issuance of this report it is interesting to trade as it will generate lots of waves, get ready of your surf board to sail through the tide.