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Friday, August 20, 2010

Finally managed to buy China Animal Healthcare Limited shares

After waiting and waiting and waiting for the right price for almost 2 months, I finally managed to get my hands on China Animal Healthcare Limited [EP4.SI] shares at S$0.290 per share. ChinaAniH ended at S$0.295 today.

Though TA may indicate a downtrend, it should be temporary since fundamentals are strong with a healthy debt-to-equity ratio indicating net cash. This company remains one of the safest Chinese company having highly likely well-audited financial reports since world's largest fund management company Blackstone have vested interest in it. Blackstone must have done a detail audit of this company before investing.

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