Just quick summary to bring this to your attention; more detail will hopefully follow.

This stock floated yesterday at 10p and has since doubled. It has, needless to say, suddenly become very popular on another BB.

The company is profitable already and trading on an estimated (by yours truly) forward PE for the current year of 9 at SP 20p. EDIT: Hoodless Brennan estimate EPS for Full Year 2006 will be 2.18p - see article (link below).

Free float is 11.4% of the 81.2 million shares in issue - most are held by the directors.







Extremely useful Investegate article LINK


Extremely useful Hoodless Brennan analysis LINK


PDYOR, etc.

Falling away fast now - AS EXPECTED AND PREDICTED BY....well PP :)

Sometimes is just so obvious what the rampers are up to.........and how easily they fail as well.

Denial in these market times is the worst enemy of the private investor.

They try to deny things are bad, they do this as they do not want to "sell at a loss" - they fervently search for people or writings that give hope and then comfort themselves that someone else is bullish.

They deny themselves the chance to benefit from market bottoms, by refusing to sell when markets tank, and then having no spare cash when markets really do bottom (FTSE circa 3K or 3.5K ?).

The deny to themselves that the rampers are rampers, that the people desperately trying to ramp prices up are in fact the same as them, trying to not sell at a loss, hoping that ramping will get prices up and they can sell at breakeven.

Denial is what causes PI's to lose - and sadly lots of people today appear to be in denial.


A simple an effective tool in bull and bear markets is, 20% down and sell. Any stock that falls 20% below the price you purchased, dump it, admit you were wrong to buy it at that time, preserve your capital, and move on. If its dropped 20% since buying, its plain obvious you purchased at the wrong time.....is it not ?


Beware of denial, its the PI's worst enemy.

Don't like some of your posts but in this case I agree with you.

What you say is true. The problem is that it is human nature to behave like that particularly in these markets and thus very difficult to change.

No excuse for ramping though and there has been enough of that recently on these boards.

Is this the same PapelPower that was ramping several stocks including Ast and Ipl
recently that have lost around 80% of their value ?
You create the impression of a person who lives in a fantasy world, you seem in
denial at all the very bad tips that you have gave out over the last 12 months and
you have this arrogance of a person who refuses to accept they are not very good
at what they do.
Sorry PapelPower but i can understand others that take a great dislike to you on here and other bulletin boards, you are a hypocrite and you contradict yourself on
many occasions, it all seems a ploy by you to gain attention, i dont think there is
any money involved here, you probably invent trades up, when a stock suddenly
jumps or tanks you have suddenly closed a short the day before or opened one
the day before.

Your credability is zero i'm afraid.

Good trading (if you actually do trade)

Perhaps you could name your trades ahead fo them showing to prove to others
that you are the expert you crave others to believe.

PP wrote, and quite accurately too, even if it is not his own "thought" .... A simple an effective tool in bull and bear markets is, 20% down and sell. Any stock that falls 20% below the price you purchased, dump it, admit you were wrong to buy it at that time, preserve your capital, and move on. If its dropped 20% since buying, its plain obvious you purchased at the wrong time"

however, it is a human trait that most are optimists and hate to crystalise losses and would rather take a (small) profit in Share A to realise cash than to cut out that dog of Share B.

Good advice there cynic!

I always use TA when opening a trade and setting a SL.

Under certain circumstances though (during generally poor market performance for instance) I will sometimes lower my stop but never by very much. In cases where the support/s I was counting on fail, then however bullish I may feel about the stock, I tell myself that exiting may provide the oppertunity to re-enter at a lower price.

-May not be a bad idea to simply follow your 20% rule but depending upon the volatility of the sp and the support levels, this level may not always be appropriate (sometimes too much, sometimes too little).

paul56, you appear to be a new name, and obviously one who is a little bit emotional that your stocks are losing.

The two examples you quote of AST and IPL, it shows you do not even research stocks and prices, you simply pick on two stocks you know nothing off, and start mouthing off about them. Is this because a couple of my stalkers have been posting rubbish about them ? LOL

Before I put you on squlech, which means I will no longer read any of your posts, let me point you in the right direction.

AST, many BB's (as I will update them from time to time).

First purchase was way back at 8p levels, since then it has risen to 34p, and fallen now back to 5.5p levels. Over that period of time from 8p to 34p and down to 5.5p if you have not made money, well, I give up.

IPL, many BB's (first purchases were in the 40p levels, then there was the West Bukha-2 drill success and rises to 60's, then it fell back, then RAK purchased the production assets of IPL giving all holders a special 60p dividend before a 1 for 5). At this point all my initial IPL shares become free and with profit. Since then I have added a few more at 20p levels.


So there, now you know. I would like to ask how you think you know how I trade stocks ? What price I buy, I sell, I rebuy, I resell, I short, I buy back etc....

You do not, you are simply just another voice of the sad failed rampers that are losing so much money that they get all emotional and nasty, however have to resort to total lies and falseness in order to do so.

Makes me laugh :)

So anyway, I will now put you on to my squelch list, so good bye paul56.

And if anyone is interested currently I have 4 posters on squelch.


Users you currently have squelched

zscrooge
coeliac1
holmes9
paul56


.

.

stop losses ..... in very volatile stocks or markets, you may feel more comfortable with a guaranteed SL, which guarantees the price at which you will be closed out .... an ordinary SL does not

PapelPower

Your angry response last night seems to suggest i was maybe a little close to the mark about you.
I've not revealed anything about me but suddenly i am a failed ramper who is bitter hence i've turned up here to have a go at you.
As i said before you are in denial, as a long term lurker of advfn i have watched you tip numerous stocks and it is/was quite clear you were long of these stocks just before they crashed but you again are incapable of being honest.
I think anybody who invests in a stock is entitled to be bullish just as much as somebody who bashes a stock they are short in, you are equally as guilty in that department by attacking certain stocks that i doubt you have a position in, i doubt you actually trade much at all, it does not add up.
And what do you do when somebody challenges you ? you run away.

All the best

Paul

The TAIH rampers running for the hills now ??????? ;) LOL

Hardly PP, real holders still there and not budging. Spread bets and roll overs maybe, or chancers who cant afford to invest with spare money being forced out. Their own fault, if they cant wait as long as it takes. You must be getting desperate the ammount of de ramping on a stock you reckon you no longer hold. Personnally, I wouldn't waste my time on something that I didn't hold or wasnt looking to hold. You either have a hidden agenda or nothing else to do.

sorry oily, but i don't agree ..... i take an active interest in all sorts of stocks that i don't hold and for all sorts of reasons

in this particular instance, i side with PP insofar as i have never liked either the stock or its chinese parentage, and have posted as such in late july last year when sp was 20s and been duly pilloried

Link to Annual Results PDF that contains more info than Results RNS :-

Taihua AR 2007 PDF

Whoops... !!!


Taihua plc
("Taihua" or the "Company")

Annual General Meeting Statement

At the Annual General Meeting of the Company, to be held at 9.00am (UK time) today, the Chairman, Richard Tanner, will make the following statement:

Following on from my report in the annual report and accounts, in respect of the twelve months to 31 December 2007, I am pleased to provide shareholders with an update.

In the six months to 30 June 2008, sales volumes of both Paclitaxel and Homoharringtonine are ahead of last year. However, adverse exchange rate fluctuations between the Renminbi and the US dollar have impacted upon the value of sales.

Although new Traditional Chinese Medicines ("TCMs") are ready for introduction into the market all TCM licences issued to Chinese companies since 2005 are under review. This lead to a suspension of production.

As mentioned in the annual report and accounts, we have submitted application to the European Directorate for the Quality of Medicines for a certificate of suitability for paclitaxel, through our regulatory agents Beijing Canny. We are still awaiting their feedback which is expected before the end of the year.

Finally, I can confirm that the Company has commenced the process of seeking regulatory approval for the payment of the dividend and a further update will be provided in due course.

Funny really, now if any of the rampers had bothered to check, they can quite easily see that Chinese exports (on lots of goods) are done in US$ but the US$ rates have not been corrected for the strength of the RMB.

So they are all still selling at 2007 US$ prices - say 100K US$ for "x".

But that was based on the RMB conversion of an RMB price into US$ in 2007. Prices remain static - RMB appreciates - sales levels in RMB go down the pan, along with margins.


And thats today's lesson in the perils of Chinese companies........ :)


Expect lots more margin erosion at the next results.........as I kept on about :)

All production is halted it seems :

Although new Traditional Chinese Medicines ("TCMs") are ready for introduction into the market all TCM licences issued to Chinese companies since 2005 are under review. This lead to a suspension of production.

sorry to see old pal oily getting whacked on this share, but i see neither dynamix nor kate barnes telling me that my warning a year ago was right and they were wrong .... why would that be do you think?

More trouble ahead for Canada.........door shutting there ? Will North America all be the same ahead......... ?


http://www.cbc.ca/consumer/story/2008/07/18/bc-tradition-chinese-medicine-regulation.html

Traditional Chinese doctors fight federal regulation under Bill C-51

Last Updated: Friday, July 18, 2008

Doctors of Chinese medicine across Canada have joined forces to fight the federal government's controversial Bill C-51 a proposed law that critics say will make many natural health products unavailable, including Chinese herbs.

If approved, the federal bill would treat natural health products like herbs, vitamins and minerals as drugs, making it harder to import, sell or dispense them.

Doctors of traditional Chinese medicine, or TCM, say their herbs would have to pass Western-style clinical trials under Bill C-51.

Dr. Henry Lu, who runs the International College of Traditional Chinese Medicine in Vancouver, said that's like saying, 'You can speak Chinese but use English grammar.'

"You should allow TCM practitioners to practise the way they have been practising," Lu said.

Peter Wood, who heads the TCM Association of B.C., said the bill would hobble Chinese medicine, and be a giant step backward.

"It's basically taking choice away from Canadians on which model of medicine they'd like to use," Wood said.

Five-thousand years of history has already proven TCM is safe, he said.

"I don't know of any cases of anything going awry. And if there are, there are far fewer than there are deaths that happen from pharmaceutical drugs," Wood added.

Bill C-51 draws national opposition
Those opposed to Bill C-51 are hoping to rally public support to quash the bill before it becomes law, which is expected to happen in the fall. Websites and online groups have sprung up across the country imploring people to lobby their MPs to halt progress of the bill.

Critics believe Bill C-51 will outlaw up to 60 per cent of natural health products currently sold in Canada, and penalize parents who give herbs or supplements to their children.

They also argue that the government could designate any natural health product a prescription drug, making it available by prescription only, forcing smaller companies out of the market.

Many natural health product retailers and holistic health practitioners maintain major drug companies lobbied for the bill, but the government has maintained it's about safety.

Federal Health Minister Tony Clement has defended the bill, saying that it will allow the federal government to continuously monitor the safety of products even after they have been approved.

Clement's office says the government will be proposing amendments to the bill if it passes second reading and goes on to the committee stage in the fall. If the amendments are adopted, natural health products would be defined within the legislation as a unique category apart from food and drugs.

Another proposed amendment would ensure that regulations specific to the approval of natural health products recognize the value of traditional knowledge and history of use in assessing benefits and risks, as is already the case.