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Its making a U turn slowly.
If you can buy more
SGPhantom ( Date: 23-Nov-2020 15:06) Posted:
Range bound, 80% volume done at 1.33-1.35.
Unfortunately, this range is at / near the intraday lower end, meaning Selling pressue is still ON. |
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I was looking at that level too but decided SIA is not going down below $4
trademaster ( Date: 23-Nov-2020 15:53) Posted:
| likely price in postive travel bubble news , will drift down till next catalyst, looking at 3.94 support to be retested |
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You have been good 👍
Sparrow999 ( Date: 23-Nov-2020 15:49) Posted:
| SIA might turn green for todays closing. I expect SiA to close at $4.10 today. Base on the support is quite strong and vaccine good news |
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Today selling is the result of last week on 17 Nov when someone dumped at 1.38
zandlery ( Date: 23-Nov-2020 13:41) Posted:
Sentiment change as easy as BB mood... Literally.
Crowd investor sentiment will change when BB change their position.
You see everyday drop, u short.
When u see suddenly keep rising not knowing what's the reason I believe many will follow.....
This is what I see for this many years of investing...
Flyingtask ( Date: 23-Nov-2020 13:33) Posted:
Hello, please follow the thread. RS is not doing only healthcare business.
What is your position here |
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The market controls the price.
If I am only an investor then I don' t sell
But as a trader, I have to follow the market
WhereI ( Date: 23-Nov-2020 14:03) Posted:
You may as well have kept your stocks bought Low at 330. It would have been worth more and you dun have the hassle of selling and buying back and having to time the market.
investor999 ( Date: 23-Nov-2020 13:56) Posted:
| I bought at 3.30 and sold at 3.90
Now I am averaging down from her |
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I bought at 3.30 and sold at 3.90
Now I am averaging down from here
WhereI ( Date: 23-Nov-2020 13:42) Posted:
You sold at 391 and buy back at 4.07? Does not make sense
investor999 ( Date: 23-Nov-2020 13:36) Posted:
| Have you bought?
Still have tim |
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Have you bought?
Still have time
investor999 ( Date: 23-Nov-2020 13:34) Posted:
You need to buy back
4.07 and below are good buy
ffff152100ffff ( Date: 23-Nov-2020 08:47) Posted:
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You need to buy back
4.07 and below are good buy
ffff152100ffff ( Date: 23-Nov-2020 08:47) Posted:
How come buy at 4.07?
investor999 ( Date: 23-Nov-2020 08:43) Posted:
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You need to buy at 4.07
ffff152100ffff ( Date: 23-Nov-2020 08:10) Posted:
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If there are new cases, the more urgent is the push for vaccine.
The lockdown will not happen again.
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Funds buying SIA is looking at long-term.
The vaccine news is more important.
FDA is in the process of approving the vaccine in US.
WhereI ( Date: 22-Nov-2020 21:47) Posted:
Confirmed this is true.
please see he official website for latest on
https://chp-dashboard.geodata.gov.hk/covid-19/zh.html |
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I suggest you just buy..
I was looking at buying at $4 but I don't think I will succeed.
Tomorrow SIA will rise above 4.15 towards 4.25
Take care
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Yes it is in your account ( CDP ) . Not your brokers account.
If you want to margin it you need to transfer
SGPhantom ( Date: 21-Nov-2020 23:59) Posted:
Check your CDP ACC, it should be in already by now.
cheng8888 ( Date: 21-Nov-2020 22:03) Posted:
| Would like to check with you all, do anybody use the Utrade account? Do you all get the bonus share already?
Because till today the bonus share have not credit to my account. |
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All in too
Flyingtask ( Date: 20-Nov-2020 09:27) Posted:
Yes, he is also a factor i am all in.
Lastly, EPF support for this RS is much higher than other glove counter ( exclude top 4 glove manufacturers )
Bongbong ( Date: 20-Nov-2020 09:22) Posted:
although boss wong past couple of days did not buy, but he has shown to us he is still confident in this company.
we still sincerely thank you here! |
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$4
But now I am buying Riverstone.
Accumulate even more today at 1.32
alleyboy ( Date: 19-Nov-2020 10:14) Posted:
Weakness? What level u looking at?
investor999 ( Date: 19-Nov-2020 06:50) Posted:
| I revise my target for SIA.
Buy on any weakness.
The next immediate target is 4.15.
There will be a large sell Q at 4.15. It will be taken.
Cheong A |
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I bought SIA from 4.25 all the way down to 3.20
This is the kind of persistence
investor999 ( Date: 19-Nov-2020 11:10) Posted:
I have bought more at 1.32
Once decided to support means I will keep buying
yamseng ( Date: 19-Nov-2020 11:08) Posted:
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I have bought more at 1.32
Once decided to support means I will keep buying
yamseng ( Date: 19-Nov-2020 11:08) Posted:
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I revise my target for SIA.
Buy on any weakness.
The next immediate target is 4.15.
There will be a large sell Q at 4.15. It will be taken.
Cheong Ah
ffff152100ffff ( Date: 19-Nov-2020 01:57) Posted:
Very hard to say. Have alot of vaccine good news, but covid-19 look like keep increasing and especially now some countries getting cold and covid-19 virus were increasing more...
investor999 ( Date: 18-Nov-2020 23:24) Posted:
| Actually I sold some to divest to glove company..
Needed to take some profits off |
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Maybe the extra shares of the Company can be placed to some investors for capital
investor999 ( Date: 19-Nov-2020 00:05) Posted:
Must be forward looking. Sentiment can change almost instaneously.
There is a reason why direct buy back own shares despite expanding share numbers.
Increase ownership of shares? - not sure yet
Increase liquidity - yes
Increase shares capital - not sure how yet.
I am making a guess. Maybe it is for expansion. Splitting shares is fair to shares holders instead of issuing new shares..This way the early investors get rewarded.. Later investors buy the shares splitted from early holders.
SGPhantom ( Date: 18-Nov-2020 23:53) Posted:
| I don't understand all these back N forth debating.
The fact of the matter is with Vaccine news, sentiment towards this sector remains poor.
Just as during March crash, regardless of fundamentals, almost everything got short down, until they are oversold.
Is this sector oversold now, or more to come?
There is no fundamentals at play, until sentiments improve.
Even then, recovery is arduous.
I AM a shareholder, who booked half my profits earlier and staring at losses for remaining half.
Is RS a good company with good fundamentals, no doubt. Does the world still needs gloves? That's a dumb question. BUT do not under estimate market sentiments.
Tomorrow will remain red, or even in short term, sadly.
I wish I am wrong. |
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Must be forward looking. Sentiment can change almost instaneously.
There is a reason why direct buy back own shares despite expanding share numbers.
Increase ownership of shares? - not sure yet
Increase liquidity - yes
Increase shares capital - not sure how yet.
I am making a guess. Maybe it is for expansion. Splitting shares is fair to shares holders instead of issuing new shares..This way the early investors get rewarded.. Later investors buy the shares splitted from early holders.
SGPhantom ( Date: 18-Nov-2020 23:53) Posted:
| I don't understand all these back N forth debating.
The fact of the matter is with Vaccine news, sentiment towards this sector remains poor.
Just as during March crash, regardless of fundamentals, almost everything got short down, until they are oversold.
Is this sector oversold now, or more to come?
There is no fundamentals at play, until sentiments improve.
Even then, recovery is arduous.
I AM a shareholder, who booked half my profits earlier and staring at losses for remaining half.
Is RS a good company with good fundamentals, no doubt. Does the world still needs gloves? That's a dumb question. BUT do not under estimate market sentiments.
Tomorrow will remain red, or even in short term, sadly.
I wish I am wrong. |
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