the new under the oldrse, page-140

Disagree, every trade should be on its merits. This is knife catching and you just have to back your buy by holding longer term unless you get lucky and make a quick 10% if that is your aim. I'm after more then 10% and will target around $1.50 for a long term trade. They could earnings downgrade but if it is not too severe SP should be factored in. If flat or better then $1.50 should be an easy hit.

This is a smaller large cap, almost blue chip that pays a decent dividend and is worthy of the risks imo at these prices. China is not a dead market but a growing market long term.

Could be wrong so be prepared to have to hold for a few years and hope the dividend remains the same. Risk vs reward @ $1.10 is in our favour going long.