Foreland, still looking pretty

The 1Q results ain't bad as what the CEO said in 2011 AR.   In the 1Q report, he again said 2Q will be ok, so can sleep well in the next 3 mths lol. 
info.sgx.com/webcoranncatth.nsf/VwAttach...ment.pdf?openelement

I found this  report in the net today which really cracked me up. This analyst wrote 5 long pgs and downgraded Foreland from 9 cts to 8 cts.   His 2012 forecast  - PER 2.2X, EPS 4 cts , P/B 0.3 and divided yield 6.7% ….. ooh , these numbers are so terrible. Is this the new benchmark for S-Chips?   
   www.remisiers.org/index.php?option=com_c...6:research&Itemid=16   

Who is the analyst???more important is whether  BB is interested, even if it a lose making coy it can soar like those empty penny now in the top vol today.
analyst can go home, they are only good for outdated data.
[hr]
[relaxing 10-05-2012]:

I found this  report in the net today which really cracked me up. This analyst wrote 5 long pgs and downgraded Foreland from 9 cts to 8 cts.   His 2012 forecast  - PER 2.2X, EPS 4 cts , P/B 0.3 and divided yield 6.7% ….. ooh , these numbers are so terrible. Is this the new benchmark for S-Chips?   
   www.remisiers.org/index.php?option=com_c...6:research&Itemid=16   

I believe this one will be next qingmei, it will be play soon. watch out.
[hr]
[cheongwee 10-05-2012]:

Who is the analyst???more important is whether  BB is interested, even if it a lose making coy it can soar like those empty penny now in the top vol today.
analyst can go home, they are only good for outdated data.
[hr]
[relaxing 10-05-2012]:

I found this  report in the net today which really cracked me up. This analyst wrote 5 long pgs and downgraded Foreland from 9 cts to 8 cts.   His 2012 forecast  - PER 2.2X, EPS 4 cts , P/B 0.3 and divided yield 6.7% ….. ooh , these numbers are so terrible. Is this the new benchmark for S-Chips?   
   www.remisiers.org/index.php?option=com_c...6:research&Itemid=16   

for performance, this is better than QM. But QM has almost double cash /share. So considering cash, QM is still better.

 
The best analysts are deployed to cover blue chips while junior staff or jokers cover pennies, sigh!  Downgrade means “ better sell quickly ”. But the stock went up by 3 % today – maybe reverse psychology lol ?  Can’t just follow analysts blindly.
Agree with Cheongwee that without the BBs, both QM and Foreland will be stuck below 10 cts .   I think last Thurs over 10m Foreland shares were done?   
[hr]
[cheongwee 10-05-2012]:

I believe this one will be next qingmei, it will be play soon. watch out.
[hr]
[cheongwee 10-05-2012]:

Who is the analyst???more important is whether  BB is interested, even if it a lose making coy it can soar like those empty penny now in the top vol today.
analyst can go home, they are only good for outdated data.
[hr]
[relaxing 10-05-2012]:

I found this  report in the net today which really cracked me up. This analyst wrote 5 long pgs and downgraded Foreland from 9 cts to 8 cts.   His 2012 forecast  - PER 2.2X, EPS 4 cts , P/B 0.3 and divided yield 6.7% ….. ooh , these numbers are so terrible. Is this the new benchmark for S-Chips?   
   www.remisiers.org/index.php?option=com_c...6:research&Itemid=16