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Bro if you are looking at it going up to $1 and sounded confident,, why need to queue at 0.8? Just grab at 0.9 to clear the path lor.... 50 mil lots sounded chicken feet to you, what is 0.1 cents difference to you? It' s only $1000 per mil
i grab at 0.9 without hesitating even though I am not as confident/ambitious as you it will go up to $1.. just joining in the fun
ThankYou ( Date: 12-May-2021 01:57) Posted:
Queuing at 0.8 cents...
black_white ( Date: 11-May-2021 23:05) Posted:
| I forgot to add. This is precisely why I mention this hedge fund will be targeting the ultra rich Chinese, to put their money here in Singapore... |
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Bro you may want to add up all of 2019' s volume transacted in 2019. Can check from sgx website. It' s around 1000 mil, equivalent to approximately $1mil only for whole of 2019 if base on 0.001
for 300+ days of trading, $1 mil isn' t a lot
newbieliu ( Date: 10-May-2021 22:41) Posted:
There were really a lot of volume at 0.001 in 2019 and i was upset my investment got halved right away but i bought it with just few k. Worst is to lose that few k which happened to me for the lousy China Hongxing and Ezion... so this could be my last bet for penny stocks . no more of such penny stocks investment for me lol huat ar
Blowyouoff ( Date: 10-May-2021 21:15) Posted:
| it' s weird.. when this counter was trading at 0.001/2, only 3-4 days did the volume went above 50mil/day. And mostly transacted at 0.002 in those days.. so many claims of pick up durians at 0.001. I got a friend who genuinely bought 250 mil in those days and mostly at 0.002. I wonder the other bought their shares from where. Black market?? |
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Many people can afford $100k
Blowyouoff ( Date: 10-May-2021 22:07) Posted:
I know.. but have you taken at look how much volume was only transacted in whole 2019? Perhaps on a single day transacted now is equivalent to the whole of YR2019.. which means whole of 2019 transacted value is only $100k at 0.001
spursfan ( Date: 10-May-2021 21:35) Posted:
| back in 2019 you can get at 0.001 as much as you can afford. no buy q because the sell q was at 0.001 |
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I know.. but have you taken at look how much volume was only transacted in whole 2019? Perhaps on a single day transacted now is equivalent to the whole of YR2019.. which means whole of 2019 transacted value is only $100k at 0.001
spursfan ( Date: 10-May-2021 21:35) Posted:
back in 2019 you can get at 0.001 as much as you can afford. no buy q because the sell q was at 0.001.
Blowyouoff ( Date: 10-May-2021 21:15) Posted:
| it' s weird.. when this counter was trading at 0.001/2, only 3-4 days did the volume went above 50mil/day. And mostly transacted at 0.002 in those days.. so many claims of pick up durians at 0.001. I got a friend who genuinely bought 250 mil in those days and mostly at 0.002. I wonder the other bought their shares from where. Black market?? |
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it' s weird.. when this counter was trading at 0.001/2, only 3-4 days did the volume went above 50mil/day. And mostly transacted at 0.002 in those days.. so many claims of pick up durians at 0.001. I got a friend who genuinely bought 250 mil in those days and mostly at 0.002. I wonder the other bought their shares from where. Black market??
bobdog ( Date: 10-May-2021 19:30) Posted:
| Sounds like everyone is a BB. |
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Hope you managed to seize the opportunity to sell today..
LONERANGER ( Date: 10-May-2021 16:26) Posted:
I will sell 5million shares at 0.005 and 5million shares at 0.006.
Let see who is the hero. |
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Lots were stuck when it peaked at 6/7 in nov/dec... hope it won' t be another round of people getting stuck again.
Isolator ( Date: 10-May-2021 14:39) Posted:
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Just buy and hold.. it will soon
Andrew123 ( Date: 10-May-2021 14:29) Posted:
when this jalan again?
Blowyouoff ( Date: 15-Apr-2021 14:29) Posted:
| 102 mil sounds a lot but actually it' s only $500k... just need 1-2 heavy weights to pave the way... |
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Please sell.. am picking up
jesmarnew ( Date: 10-May-2021 11:31) Posted:
| Sell now for the dividend!!!!.. Today u sell tomorrow buy back 10 cts cheaper better than wait for end of month dividend!!! Watch my heavy selling.... |
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Bro, many people have the same way of thinking when Oceanus was flying and thus they miss opportunities and remain poorer than their counterpart
bishalnb ( Date: 10-May-2021 10:29) Posted:
wondering whether to chase SY which flew and at 1cents now... or bet on Blumont that is still at 0.005  |
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Like I said, Renaissance bid volume too low. Long wait...time wasted is money.. 15% Renaissance makes more sense
tankoksee ( Date: 10-May-2021 11:11) Posted:
good idea..50% renaissance..25% shen yao n 25% blumont.. |
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Renaissance not much volumes in the bidding leg.. good to spread your monies
tankoksee ( Date: 10-May-2021 10:37) Posted:
renaissance seems most attractive among these 3 fellas..la
bishalnb ( Date: 10-May-2021 10:29) Posted:
| wondering whether to chase SY which flew and at 1cents now... or bet on Blumont that is still at 0.005 |
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You are only seeing from one angle bro.. need to look at the bid volumes too
if you purely look at ask volumes, CWX even easier to clear as compared to renaissance
superstartup ( Date: 10-May-2021 10:37) Posted:
At least much thinner than SY.
Easier to clear 100m compared to almost 300m at each level.
And the Asks look thin at each subsequent level.
I hope to see this counter catch up with SY happy liao.
(Please do your own DD)
kvyang ( Date: 10-May-2021 10:33) Posted:
| Another 100 Mil thick thick wall @ 5. ~_ |
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Ok this is propective.. good. There are plentiful of people who can afford to hold bro. No worries. Stay by the sideline and salivate:))).. what' s holding for 3 months?
ETLee8 ( Date: 09-May-2021 21:26) Posted:
Next week when the floodgates open, there will be stampede at the door.
Do not be hero unless u are prepared to hold for the next 3 months.
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Retrospectively then you say ' as expected' .. why didn' t you project early in the morning?
ETLee8 ( Date: 07-May-2021 18:59) Posted:
Today as expected the drop is subdue, likely Chng Kay has not sell its intended amount of stocks yet.
Going forward it will be range bound
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It' s normal post XD price will dip because of the divided payout
But having said this, many times due to other factors, price went up against pre-XD
if for sure it will crush, why not try shorting it?
Gnoixed ( Date: 09-May-2021 14:28) Posted:
| Usually XD will crash further, all eyes on Wednesday. |
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Bro, no one knows the answer unless a poll is conducted
I speak from my own perspective and I had not factored it in. Hedge fund is still at the infant stage at most and if someone is to factor it in, the person must be a very inexperienced investor.
from the conversation in this thread, I think few factored it in... some are still confused what fund SY is into and many probably won' t know what hedge fund is all about.. thus from my observation, it ain' t factored in..
WiseInvestor ( Date: 09-May-2021 14:35) Posted:
yes turnaround in 2020. It may be due to gold price surge. Based on my observation of last few days' trading volume, i reach conclusion that hedge fund is a factor. Not probably gold factor. Maybe if gold price soar to US$2k, it can lead to much speculative trading. Similiar to oil factor for Rex International.
Blowyouoff ( Date: 09-May-2021 14:18) Posted:
I don' t think the current surge is due to the hedge fund project,,, if hedge fund is factored, the surge will be way much much more
SY did turn from a loss in 2019 into a profit in 2020.. |
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I don' t think the current surge is due to the hedge fund project,,, if hedge fund is factored, the surge will be way much much more
SY did turn from a loss in 2019 into a profit in 2020..
WiseInvestor ( Date: 09-May-2021 14:08) Posted:
| SY is likely high speculative. It is based on what is highly expected of SY in coming months even though there is not yet solid progress now. Hedge Fund seems powerful words to attract traders as it is a very booming industry, even during pandemic. |
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Oh yah, the man who was so enthu and claimed he visited the kanada-ya ramen owned by aspen when it was opened in Singapore.. hope he has digested his bowl of ramen that left him with fond memories
Checkerman ( Date: 07-May-2021 13:02) Posted:
yes Mr $1 Bullish
zandlery ( Date: 07-May-2021 12:26) Posted:
Thanks to them at the first place for me. When I see in a thread there are someone overly optimistic and interact without sense I know something not right.
And right after interactions, the dodgy news annouced.
For shareholders at least the price hold.
Make decision from there no regrets later IMH |
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https://www.shenyaoholdings.com/quantitative-hedge-fund
hem2998 ( Date: 09-May-2021 09:56) Posted:
yes -- Fund Management was the official announcement...but i infered from the job description from SY which i had posted in December.
reproduced here just in case you missed it.
*******
heres a clue to whats coming. Recently they put up a position:
Title of Job : Job Vacancy Graduate Quant Trader Singapore
Company Name : SHEN YAO (SINGAPORE) PTE. LTD.
Responsibilities:
- Hedge gold and FX exposure
- Conduct empirical analysis and modelling on financial data to develop actionable insights
- Develop software for R& D purposes and prototyping
Requirements:
- M.Sc or PhD in quantitative field (Statistics, Mathematics, Financial Engineering, Quantitative Finance) from a top-tier institution, an exceptionally high and demonstrable level of mathematical ability
- The ability to work under high pressure, react quickly to changing circumstances and make effective decisions
- Proficient in Python or C++ OOP
- Experience of researching, implementing quantitative models for commodities or FX
- Handle global trading hours
- Strong written and verbal communication skills in English and Mandarin, ability to convey the ideas behind complex research in a clear and precise manner
- Knowledge of statistical arbitrage, risk management theory and volatility products
black_white ( Date: 08-May-2021 20:01) Posted:
| I need to correct you on this so that your statement won' t give false impression that the hype this week was based on nothing. News was announced then - But never did it ever mention that it was Hedge Fund. It was simply Fund Management. These 2 terminologies spell big differences. For the latter, I can keep incurring losses without risk to my base commission. |
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