View Full Version : CX stock...worth buying ?
R.OCKAPE
13th Oct 2008, 21:55
did a quick search but couldn't find any reference... I want to ask if I may if any of you guys have CX stock price looks ok at the moment... I don't work for the company... tia
mephisto88
13th Oct 2008, 22:34
Must have been a really quick search.
Have a look at the listings on the HK based Hang Seng,
Cathay code is 0293 I believe, about HK$10-11 at present.
geh065
14th Oct 2008, 04:39
It might go lower and probably will continue to drop slightly, although if you are in for a long term gain then for sure one day it will head back to where it was before...around the $20 mark.
...however if you are after profits on the stock market then there are probably much better places you could be than buying CX shares!
Rule 1. Always do the opposite to your flight deck financial adviser. Saying that, you could have bought cx shares at 8 dollars and sold them at 13, 3 times since I've been here. When it hits 8, I'll be onto it. Up to you wontok.
R.OCKAPE
14th Oct 2008, 13:36
good pelaman tenk yu tru...
so_tired
14th Oct 2008, 17:15
buy! buy! buy!
bye... zzzzzzzzzzzzzzzzzzzz
:zzz:
Kitsune
15th Oct 2008, 08:25
Well, as the financial genii bought 10,000,000 CX shares at an average price of HK$15.35 (approx) since the announcement of the share buyback (just before the much heralded financial crisis) they must be worth MUCH more now.......... :cool:
VR-HFX
15th Oct 2008, 08:52
Don't touch them...when I was tempted to top up what I had to have...I read Warren Buffet's note saying that if he had been at Kittyhawk when the Wright Brothers cleared the surly bonds of Earth, he would have shot them down.
Airline stocks have lost many times their total asset value many times over since the first one went public.
Be scared, very scared.
Kitsune
15th Oct 2008, 10:23
....and of course, if TT and his cronies thought that buying back shares at HK$15+ was such a good deal, no doubt they will be buying back lots more at the current price to show their confidence in the management of the company.......:cool:
daamazin
16th Oct 2008, 00:14
been hanging around $15 for years. hit low of $13 during fuel crisis and then last week hit a new low at $11.86 when asian markets took a beating. historically they have been good at recovering value - definitely more of a long term buy.
ron burgandy
27th Oct 2008, 09:11
Hey Kitsune the genie could have bought 20,000,000 @ 7.07 today!
Cumguzzler
27th Oct 2008, 11:21
I went out on limb today and bought 10000 shares.
Sleeve_of_Wizard
27th Oct 2008, 14:20
I would have bought 10 Long Call Options instead of 10000 shares. Much better return if the price does indeed go up. But I'm not that Bullish yet.................
jonathon68
28th Oct 2008, 10:26
CX closed at 9.20 today, so a nice tidy 30.1% profit in one day.
I suspect that there will be some profit taking in the market tomorrow!