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There won' t be another such opportunity to offload in next 2-3 months
Blowyouoff ( Date: 20-Apr-2021 23:20) Posted:
Smart will sell on news and use this opportunity to offload
novum is such a small establishment... the joint establishment only cost $150k which novum will pump in ' $15k' ....
I doubt the story of the venture will sell well... only fool will fall for it
Ligaya ( Date: 20-Apr-2021 22:15) Posted:
confirmed 61 no chance haha
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Was on this boat before they set sail with the new name Alset
Ligaya ( Date: 20-Apr-2021 23:58) Posted:
| If you been stalking ah chan as long as some of us do here, we are used to chan wayang shows.
Enjoy the wayang show.
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Smart will sell on news and use this opportunity to offload
novum is such a small establishment... the joint establishment only cost $150k which novum will pump in ' $15k' ....
I doubt the story of the venture will sell well... only fool will fall for it
Ligaya ( Date: 20-Apr-2021 22:15) Posted:
confirmed 61 no chance haha
tec96157 ( Date: 19-Apr-2021 20:59) Posted:
Look like tomorrow no chance on 61 :(  |
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This hole is much deeper than I originally thought. There is no end to this well.
I am surprise so many so call supreme and master didn' t see this coming since the beginning of the RTO, and still continue to be sucked in
Smarty ( Date: 19-Apr-2021 19:42) Posted:
Everyday for the past week hitting new low
0.35 is just a whisker away get your bullets ready
MC has already plunged almost 40% from high |
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Everytime I see comment about ' accumulation' , I wonder how you tell there is accumulation?
for every share bought, there is a seller for that share.... how is there accumulation?
the way I see is the sellers who let go today do not foresee the price going up future... and on the other hand, those who bought think it will go up.,.
iinvestor ( Date: 19-Apr-2021 11:27) Posted:
Accumulation on-going for next leg up...very well supported.
let the weak holders throw their rights for small profit......big fishes aim big. 😉 |
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102 mil sounds a lot but actually it' s only $500k... just need 1-2 heavy weights to pave the way...
giftedmind ( Date: 15-Apr-2021 14:16) Posted:
Where did the 102 millions $0.005 sellers come from???? |
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True about Fintech.. but not sure why since day 1, I don' t have a good hunch about MC. Perhaps it' s after all the old artivision and that' s why don' t feel good about it
look@bright ( Date: 07-Apr-2021 08:28) Posted:
Bro, Fintech worth the bet, trade with spare money, no contra 😊
Blowyouoff ( Date: 06-Apr-2021 23:50) Posted:
| Bro I was looking back at the last time(mid feb) we discuss over this counter. After so long, you are still hanging on to some hope. Am very impressed with your perseverance |
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Bro I was looking back at the last time(mid feb) we discuss over this counter. After so long, you are still hanging on to some hope. Am very impressed with your perseverance.
look@bright ( Date: 06-Apr-2021 15:44) Posted:
Lol the selling resume. maybe still got multi millions to sell
czmczmczm ( Date: 06-Apr-2021 14:51) Posted:
| Dk why but it looks like every time it rises, it gets sell down soon after/big resistance : |
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It seems many are stil not familiar with rights issue
Now mother share is already trading ex right. The dilution also happened and it' s not based on the dates shares are received in cdp
i see Terp being brought up now. It' s no longer relevant.. that' s why it' s call theoretical ex right price. 0.047 was a discount price offered to share holders because of the dilution of shares. Previously it was trading at around 0.12. Ex right it was 0.08+ and it dropped further since then
tritonyeah666 ( Date: 05-Apr-2021 13:37) Posted:
| But if x rights date is 08 april, after that wouldn't mother share px drop back to 0.047-0.060 levels?
Considered a dilution of share price right? |
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Good decision
Keppellongist ( Date: 01-Apr-2021 15:13) Posted:
| Sold the son liao.. Decide not to pick it up. |
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What makes you think this way? From 2nd to 16th, you won' t hold any mother shares.
take note mother shares had been on downward trend(since 2 years ago) before these rights were traded on 24th apr.
and not much volumes traded prior to recently. It may slip further before 16th apr
Keppellongist ( Date: 01-Apr-2021 10:06) Posted:
Good move.. Thinking of doing that too.. Cos chances for mother being push higher before 8th April is really high.
Contratrader ( Date: 01-Apr-2021 09:56) Posted:
Can buy some too..53/54 for rights share if hold a while i think pretty attractive la...or can see closing later ..but look like quite stabilise liow..
..hahaha I bought both. |
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Unlikely bro. Notice the volume for mother is low. This won' t change much tomorrow because there is a gap between rights and mother.. people rather buy rights to exercise because it' s cheaper...
makdatok ( Date: 31-Mar-2021 16:40) Posted:
| Hoping for mother share to ciong tmr onward...lol |
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Bro, 0.005 liao... no one wants to buy at 0.006 liao. Market for 0.006 gone Liao.. anyway volume(value) so low, even if it' s 2 mil in queue, anyone can just throw $12k to open the path to 0.005
ThankYou ( Date: 31-Mar-2021 16:38) Posted:
| Tomorrow going to go down again! Why people still buying? Should sell more at 0.6 correct? |
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0.009... not much volumes anyway. This counter can only trade for the fun of it because other counters also happens to be bored wahahaha
sames goes to Yinda... SGX broke the thrill of major orgasm!!!
ThankYou ( Date: 31-Mar-2021 16:25) Posted:
This comment make the volume at 0.6 go higher already. What price you shorted?
Blowyouoff ( Date: 31-Mar-2021 16:16) Posted:
Beware bro... tomorrow those who see the gap between mother shares and rights+exercise may decide to sell mother and buy rights to exercise... and the gap may narrow tomorrow.
1162 million rights were issues base on 1-to-1...
so far around 300-400 million traded these few days.. there are holders of around 700 million rights who have not done anything, either they intend to exercise or they don' t know they have to do something to convert them or tomorrow they urgently sell them... |
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Soon buying will be at 0.005
ThankYou ( Date: 31-Mar-2021 16:15) Posted:
So many people keep buying at 0.6 cent for what?
ThankYou ( Date: 31-Mar-2021 16:14) Posted:
| Have not buy back means no profit yet |
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Beware bro... tomorrow those who see the gap between mother shares and rights+exercise may decide to sell mother and buy rights to exercise... and the gap may narrow tomorrow.
1162 million rights were issues base on 1-to-1...
so far around 300-400 million traded these few days.. there are holders of around 700 million rights who have not done anything, either they intend to exercise or they don' t know they have to do something to convert them or tomorrow they urgently sell them...
ThankYou ( Date: 31-Mar-2021 15:58) Posted:
| Looks like got slight reversal. Tomorrow will have more meat to short. |
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Bro, because in the beginning, it shouldn' t be so high!
it went up to from 0.007 to 0.021. Mother shares was dipping prior to the rights being sold in market. The increasing price of rights pulled up the mother shares, or else people might as well buy mother shares if it' s lower than rights+exercise...
those who are familiar with rights issues will know... price was expected to drop from Friday...
anthony2978 ( Date: 31-Mar-2021 15:08) Posted:
how come the mm2 rights price become lower n lower
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Yes bro... the purpose of these few days of trading of rights are meant for those holders who rights to trade and to allow non holders to buy to trade or to exercise
take note the exercise price of 0.047 is a discounted price, which is meant to ' reward' the past holders of the mother shares... by selling off those rights, those past holders are in a way losing out because the ex-rights price is lowered due to the dilution of shares..
Eyxm86 ( Date: 31-Mar-2021 15:10) Posted:
So those Not a main shareholder able to purchase for the rights?
Blowyouoff ( Date: 31-Mar-2021 14:50) Posted:
Correct.. those who have the mother shares prior to the rights offering(cut off data was 18 mar) would have receive a document that has all the information.
can see from this thread majority aren' t past holders. You can visit their website under announcement.. |
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0.005 coming soon...
Blowyouoff ( Date: 31-Mar-2021 14:52) Posted:
You can short and cover by 5pm today. I am queuing to cover at 0.005
Keppellongist ( Date: 31-Mar-2021 14:49) Posted:
| Can't short now, rights will be stop trading after tmr. Am I right? |
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Yes all details are there...
hope you either sold the R when it rose few days ago..
Goodgoing ( Date: 31-Mar-2021 14:58) Posted:
I got the form few s day ago, send to my house.
Blowyouoff ( Date: 31-Mar-2021 14:50) Posted:
Correct.. those who have the mother shares prior to the rights offering(cut off data was 18 mar) would have receive a document that has all the information.
can see from this thread majority aren' t past holders. You can visit their website under announcement.. |
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