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As Duty Free is trading at 52 weeks lows, most investors who invested in the past 2years went in above 0.30. Whether the news is true but not announced, it will be improper to release early to influence the price. Worst case, if the news is false... and it is purposely release to influence the price and caused retailer to dump the shares.... they can complaint to sgx/MAS.

They can ask the admin to check on the user who made these false news on public forum. Normally, the system will log the userid, user' s device IP addresses and time stamp. Few years back, someone downloaded films illegally... and they are able to trace it to the users using just ip addresses.

its dangerous to post unsubstantiated news on public forum as a mean to influence the share price that can cause retailers to lose money. I think it' s better for bro to clarify his source of the news that is similar to gmg.

kelvintan84 ( Date: 16-Oct-2017 19:25) Posted:

Bro, learn to take forum inputs with a pinch of salt. Some people are like that one.. Go ard "predicting".. He say 10 companies drop.. Got one really drop he will blow trumpet loud loud ma..
Have faith in your own research.

nngeeh ( Date: 16-Oct-2017 13:21) Posted:

Hi Bro, Couldn' t find any news on the internet relating to " Duty Free" that resembles the offer that " GMG" receive !!

Please share the link ...

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Hi Bro, Couldn' t find any news on the internet relating to " Duty Free" that resembles the offer that " GMG" receive !!

Please share the link ....

nngeeh ( Date: 16-Oct-2017 10:53) Posted:

Thanks bro. Can you share the link to this news?

Are you referring to the offer made by Halcyon to GMG?

andychew.eh ( Date: 16-Oct-2017 10:33) Posted:

Something similar to GMG

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Thanks bro. Can you share the link to this news?

Are you referring to the offer made by Halcyon to GMG?

andychew.eh ( Date: 16-Oct-2017 10:33) Posted:

Something similar to GMG.

nngeeh ( Date: 16-Oct-2017 10:28) Posted:

Bro, I just looked at the chart for duty Free. The last time Duty Free reached 0.21 was in 2012. Unless something drastic happen, why will the price drop till 0.21 (back to 2012 price) when it' s still drowing (NAV has just gone up from previous qtr), it' s paying div ?

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Sorry, i mean " when it is still growing" :)

nngeeh ( Date: 16-Oct-2017 10:28) Posted:

Bro, I just looked at the chart for duty Free. The last time Duty Free reached 0.21 was in 2012. Unless something drastic happen, why will the price drop till 0.21 (back to 2012 price) when it' s still drowing (NAV has just gone up from previous qtr), it' s paying div ?

nngeeh ( Date: 16-Oct-2017 10:14) Posted:

Bro, why do you think it' ll drop to 0.21? On what basis or publish facts? Care to share?

- It' s trading at almost 52 wks low
- Major shareholder is Berjaya group
- No debt
- Cash 90M SGD
- NAV - ard 0.16SGD/share (up from 0.15/ share from previous quarter)
- Profitable (PE around 17 or 18) ... if i recall correctly.
- Dividend yield - 1.78% (just based on interim div)
- It' s doing share buyback

I don' t think it' ll drop to 0.21. If it drop ... I will average down. Yes, there is a gap from NAV .... but if you compare Starhub which is currently trading at $2.7, it' s NAV is only 0.228/ per share (PE around 15). I won' t believe Starhub will drop to 0.228, right? For growth stock, it' s based PE ... rather than NAV.

Based on their latest HY reports, it looks good. Do you have other published information that you can share that make you think it' ll drop till 0.21? If it' s based on hearsay .... i don' t think we will want to trade based on that :) It might go down to 0.21 ... but it might also go back up to 0.4. Appreciate if you can share any information that make you think it' ll drop till 0.21. Thanks

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Bro, I just looked at the chart for duty Free. The last time Duty Free reached 0.21 was in 2012. Unless something drastic happen, why will the price drop till 0.21 (back to 2012 price) when it' s still drowing (NAV has just gone up from previous qtr), it' s paying div ?

nngeeh ( Date: 16-Oct-2017 10:14) Posted:

Bro, why do you think it' ll drop to 0.21? On what basis or publish facts? Care to share?

- It' s trading at almost 52 wks low
- Major shareholder is Berjaya group
- No debt
- Cash 90M SGD
- NAV - ard 0.16SGD/share (up from 0.15/ share from previous quarter)
- Profitable (PE around 17 or 18) ... if i recall correctly.
- Dividend yield - 1.78% (just based on interim div)
- It' s doing share buyback

I don' t think it' ll drop to 0.21. If it drop ... I will average down. Yes, there is a gap from NAV .... but if you compare Starhub which is currently trading at $2.7, it' s NAV is only 0.228/ per share (PE around 15). I won' t believe Starhub will drop to 0.228, right? For growth stock, it' s based PE ... rather than NAV.

Based on their latest HY reports, it looks good. Do you have other published information that you can share that make you think it' ll drop till 0.21? If it' s based on hearsay .... i don' t think we will want to trade based on that :) It might go down to 0.21 ... but it might also go back up to 0.4. Appreciate if you can share any information that make you think it' ll drop till 0.21. Thanks

andychew.eh ( Date: 16-Oct-2017 09:15) Posted:

May drop to + - 21 cts range.

Can jeep later. Patience lah. Wait.

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Bro, why do you think it' ll drop to 0.21? On what basis or publish facts? Care to share?

- It' s trading at almost 52 wks low
- Major shareholder is Berjaya group
- No debt
- Cash 90M SGD
- NAV - ard 0.16SGD/share (up from 0.15/ share from previous quarter)
- Profitable (PE around 17 or 18) ... if i recall correctly.
- Dividend yield - 1.78% (just based on interim div)
- It' s doing share buyback

I don' t think it' ll drop to 0.21. If it drop ... I will average down. Yes, there is a gap from NAV .... but if you compare Starhub which is currently trading at $2.7, it' s NAV is only 0.228/ per share (PE around 15). I won' t believe Starhub will drop to 0.228, right? For growth stock, it' s based PE ... rather than NAV.

Based on their latest HY reports, it looks good. Do you have other published information that you can share that make you think it' ll drop till 0.21? If it' s based on hearsay .... i don' t think we will want to trade based on that :) It might go down to 0.21 ... but it might also go back up to 0.4. Appreciate if you can share any information that make you think it' ll drop till 0.21. Thanks

andychew.eh ( Date: 16-Oct-2017 09:15) Posted:

May drop to + - 21 cts range.

Can jeep later. Patience lah. Wait.

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Bet some ..... if it falls, will go in more

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There are still a few REITs that have not issued rights yet - Mapletree GCC, Far East HTrust, Frazer Centerpoint Trust, Ascendas Indian Trust. All have potential to issue rights.

laksaman57 ( Date: 23-Sep-2017 13:32) Posted:

May follow Cache, issuing rights to reduce its high gearing of 41.3%

nngeeh ( Date: 23-Sep-2017 13:09) Posted:

Ireit issued rights before

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Ireit issued rights before.

laksaman57 ( Date: 23-Sep-2017 12:34) Posted:

Ireit ?

Observers ( Date: 22-Sep-2017 08:33) Posted:

$1.363. Massive discount to closing price of $1.695. Subscribe or be diluted.

Following on the heels of Maple Log, Manulife, Cache. Still left which reit havent rights issue? But their timing is interesting. Institutional investors are flushed with cash?

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Another interesting article to read - https://www.ft.com/content/8c94a2f6-fdcd-11e6-8d8e-a5e3738f9ae4

Electric cars: China&rsquo s battle for the battery market

Since 2012 China has spent billions of renminbi subsiding its electric carmakers, turning Shenzhen-based BYD, in which Warren Buffett&rsquo s Berkshire Hathaway has a stake of about 10 per cent*, into the world&rsquo s largest electric car and bus maker with a market capitalisation of $18.7bn.

BYD has particularly benefited from government support. Beijing has provided subsidies for electric buses using lithium-iron phosphate (LFP) batteries, a type used by BYD but not by many foreign manufacturers due to its lower power capacity. As a result BYD sold 11,000 of its e-buses last year, up from virtually zero in 2013, according to Macquarie.

Ronjon ( Date: 18-Sep-2017 23:20) Posted:

Thanks, read the article.

nngeeh ( Date: 18-Sep-2017 23:17) Posted:

Bro, You can also read the report from edge regarding Asiaphos. Let' s see if they can continue to grow in the next few quarters.

https://www.theedgesingapore.com/asiaphos%E2%80%99-p4-business-shows-promise-turnaroun

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Bro, You can also read the report from edge regarding Asiaphos. Let' s see if they can continue to grow in the next few quarters.

https://www.theedgesingapore.com/asiaphos%E2%80%99-p4-business-shows-promise-turnaround

Ronjon ( Date: 18-Sep-2017 22:27) Posted:

I took another look at the presentation slides by Asiaphos. It just said 10 - 15% is used in Lithium batteries and growing fast.
But the real test surely is in the price of phosphate itself, so I went to look for a chart, here it is.
Phosphate price is flat to declining, which is why Mosaic' s price is getting bashed. Mosaic would be one of the biggest producers of phosphate, so they would be the first to benefit from the " increasing price of phosphate" due to the scale of production.
Asiaphos went public in late 2013 at 25cents per share, price shot up to 48.5 cents on the first day, price stayed at 16 cents level until mid 2014 when it went below and continued declining till now. Those who subscribed to the IPO must have regretted. That' s the price history, going forward, two things determine the performance of the share price, first ability to mine more phosphate, and second price of the phosphate mined. If phosphate has such a great future, then the price of the mineral should reflect it. Look at the phosphate price chart and see if it is consistent with high growth?

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Jim Roger was one of the key investors when it was listed way back in 2013. However, i couldn' t find his name under the substantial shareholder' s name now. I look through the past announcement, i also couldn' t find any announcement that he has offloaded the share. If he started out with owning 5%, if he offloaded it, there should have been an announcement ( only those below 3% doesn' t need to make announcement). Is anyone aware if Jim Roger is still a shareholder of AsiaPhos?

http://www.straitstimes.com/singapore/asiaphos-soars-on-trading-debut

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You can also read about this on http://www.relionbattery.com/blog/why-lithium-iron-phosphate-battery-applications-are-limitless

nngeeh ( Date: 18-Sep-2017 21:20) Posted:

Bro, Please refer to their corporate presentation http://infopub.sgx.com/FileOpen/20170816_2Q17_AnalystBriefing_CorporatePDF_v3.ashx?App=Announcement& FileID=467363 slide 28.

Every LiFePO4 battery in an electric car contains 60kg of phosphorus.

The lithium iron phosphate (LiFePO4) battery, also called LFP battery (with " LFP" standing for " lithium ferrophosphate" ), is a type of rechargeable battery, specifically a lithium-ion battery.

The name of LiFePO4 already contain the word Phosphate.

Ronjon ( Date: 18-Sep-2017 20:55) Posted:

Bro, there' s no phosphate? Thought I read otherwise, but I could be wrong

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Bro, Please refer to their corporate presentation http://infopub.sgx.com/FileOpen/20170816_2Q17_AnalystBriefing_CorporatePDF_v3.ashx?App=Announcement& FileID=467363 slide 28.

Every LiFePO4 battery in an electric car contains 60kg of phosphorus.

The lithium iron phosphate (LiFePO4) battery, also called LFP battery (with " LFP" standing for " lithium ferrophosphate" ), is a type of rechargeable battery, specifically a lithium-ion battery.

The name of LiFePO4 already contain the word Phosphate.

Ronjon ( Date: 18-Sep-2017 20:55) Posted:

Bro, there' s no phosphate? Thought I read otherwise, but I could be wrong.

Atom99 ( Date: 18-Sep-2017 20:08) Posted:

DYODD and DYOR.

Cathode Type	Chemistry	Example Metal Portions	Example Use
NCA	LiNiCoAlO2	80% Nickel, 15% Cobalt, 5% Aluminum	Tesla Model S
LCO	LiCoO2	100% Cobalt	Apple iPhone
LMO	LiMn2O4	100% Manganese	Nissan Leaf
NMC	LiNiMnCoO2	Nickel 33.3%, Manganese 33.3%, Cobalt 33.3%	Tesla Powerwall
LFP	LiFePO4	100% Iron	Starter batteries

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If you look at their corporate deck, 85%~90% still goes to fertilizer. Currently, only 10%~15% is going to non fertilizer market which also include the Lithium Iron Phosphate battery. However, this area is a new growth sector ... so ... the potential is definitely there.

Ronjon ( Date: 18-Sep-2017 19:27) Posted:

The Mosiac listed in NYSE is mining phosphate, their sales are to fertilizer companies, so I' m a little puzzled on why they have not sold to lithium battery companies.

nngeeh ( Date: 18-Sep-2017 19:23) Posted:

China and other countries are pushing into electric car and moving away from fossil fuel.Anything that is related to battery such as lithium will be played up. Asiaphos mines phosphorus which is used in LiFePO4 (Lithium Iron Phosphate), a new reliable battery material used in electric vehicles will be in focus. BB might use any electric car news to push this coy up. Beside battery, it' s is also used in Fertilisers, Oral hygiene products, Beverages, Metal treatment/paint, Fire retardants, Pharmacy Products, LCD/Semi-Conductor.

If you refer to their announcement dated 16 Aug (Corporate announcement), there is a slide that shows the comparison with other mining companies. Asiaphos which is profitable now, but trading below NAV, but other mining companys (which many are still losing) are trading way above their NAV. Furthermore, Asiaphos price drops below NAV just less than a week after announcing profit. I believe this is due to accumulation ... purposely press the price down to accumulate.

I' m also bullish on this counter ... if they continue to show profitability in the next Q ... i believe it' ll fly further north. It should be trading way above its NAV ... like other mining counters too.

https://www.bloomberg.com/news/articles/2017-09-10/china-s-fossil-fuel-deadline-shifts-focus-to-electric-car-race-j7fktx9z

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China and other countries are pushing into electric car and moving away from fossil fuel.Anything that is related to battery such as lithium will be played up. Asiaphos mines phosphorus which is used in LiFePO4 (Lithium Iron Phosphate), a new reliable battery material used in electric vehicles will be in focus. BB might use any electric car news to push this coy up. Beside battery, it' s is also used in Fertilisers, Oral hygiene products, Beverages, Metal treatment/paint, Fire retardants, Pharmacy Products, LCD/Semi-Conductor.

If you refer to their announcement dated 16 Aug (Corporate announcement), there is a slide that shows the comparison with other mining companies. Asiaphos which is profitable now, but trading below NAV, but other mining companys (which many are still losing) are trading way above their NAV. Furthermore, Asiaphos price drops below NAV just less than a week after announcing profit. I believe this is due to accumulation ... purposely press the price down to accumulate.

I' m also bullish on this counter ... if they continue to show profitability in the next Q ... i believe it' ll fly further north. It should be trading way above its NAV ... like other mining counters too.

https://www.bloomberg.com/news/articles/2017-09-10/china-s-fossil-fuel-deadline-shifts-focus-to-electric-car-race-j7fktx9z

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But there are times where BB just push down to collect ... and the share will rise after they have finished accumulation. If you look at Raffles Medical... it was pushed down to 1.05 range (from 1.3) and today ... it shot back up to 1.12+ today without any news.

It' s really up to BB. But for Duty Free, when it was at 0.31 ... you were so sure. Thanks for the warning.

HazardKoh ( Date: 13-Sep-2017 16:15) Posted:

ya.. thats why i warn ppl before about buying at 32 cents... hope no one kana stuck at 32 cents..

There is no reason for it to chiong unless the coming results is good as I mentioned. But i think some users here are confused/misled? by the share buyback. They thought duty free would buy back 120000+ lots which would mean the share price chionging to the sky. But is a totally wrong idea ... they will never (almost ALL companies) will never buy back their " allowed" allocated amount of shares for buyback.

In this case, duty free is " allowed" to buy back 120000 lots, but usually for so many years, they only buy back the most 7000 lots which happened this year and then stop buying already.

nngeeh ( Date: 13-Sep-2017 16:07) Posted:

Hi Bro, You are right. It was a pump and dump .... with the highest 0.315 and now back at the 0.28. It was trading at 52 weeks low ... and the public float for this share is not high - 25%. How did you tell that it' ll fall back to 0.28-0.29 range? At 0.28~0.31 ... as it' s at the lowest ... it can be a real accumulation too ... waiting for maybe some big news. What did you see? Hope you can share :)

The share has dropped to 0.275 - 0.280. If you look at the chart for the past 5 years ... 0.27 seems to be a good support. Is the current price safe to go back in again

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Hi Bro, You are right. It was a pump and dump .... with the highest 0.315 and now back at the 0.28. It was trading at 52 weeks low ... and the public float for this share is not high - 25%. How did you tell that it' ll fall back to 0.28-0.29 range? At 0.28~0.31 ... as it' s at the lowest ... it can be a real accumulation too ... waiting for maybe some big news. What did you see? Hope you can share :)

The share has dropped to 0.275 - 0.280. If you look at the chart for the past 5 years ... 0.27 seems to be a good support. Is the current price safe to go back in again?

HazardKoh ( Date: 01-Sep-2017 19:49) Posted:

yup agree with u... perhaps reach a price of 31 (if market sentiment poor, like North korea missile test during weekend) or 33 as you mentioned if mood is bullish.

BUT i think it will only stay at the peak for awhile and then profit taking will send it back below 30 cents..

I dun think chasing high is a good move... shd had chase low when it was 28-29 cents when it was pushed down by the BBs

jack2906 ( Date: 01-Sep-2017 19:39) Posted:

yesterday buying up pattern high probably by agolrithm with consitently 1.6k share per transaction...
the seller take profit, guess mostly from those bought below 0.30... I bought some at 0.295 to see who is the seller, it is not from invesment firm...

Yes... it could be pump and dump... pumping still in progress... who know it keep on pump and attract other BB to join the pumping, get the shortist killed... something like Best World pattern recently~

expect it will reach 0.33 then only see some retrace or dumping~ 0.295 to 0.315 attract too little follower.... once investment bank/firm raise a BUY recomendadation call, it is the time to sell all... BB just manipulate the price movment to lure investor to join, and investment bank/firm specialist BUY recomendation is giving them a big hand

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Breakout on thursday before the long weekend !!! normally, people will dump before long weekend. If this due to share buyback or possible news? Or just pump and dump (but i seldom see this done before long weekend).

mogambo ( Date: 30-Aug-2017 12:02) Posted:

Hazard company has so far bought back 9.6 million shares from the market as per their recent filings.... Another 112 million shares to buy back from the market. and it is not finding any sellers at the moment. we are near to the 5 year low price Is it good time to add or wait for the results to add more

HazardKoh ( Date: 29-Aug-2017 10:06) Posted:

yes, based on the current project yield of around 3 to 4% dividend yield, the share price will trade from 28 to 30 cents and whether it will fly back to 32 cents or tank below 26 cents will depend on nexy quarter results..

Ok, the sea games depends on whether majority of the participants arrive at Malaysia by air or by sea/land. Most of duty free outlets are located on land and there is one/two in the airport. BUT the airport business is shared among major duty free players: Eraman (main duty free shop at the airshop) and BE duty free shops , so the increase in profit from airport is limited due to the competitions from the big duty free players.

The increase comes from land.. border between thailand and malaysia etc...

Maybe u can go check up whether the thailand participants arrive in Malaysia through air or land? and the supporters ...

In the meantime share price will ding dong between 28 to 30 cents as it reflects the yield of 3.5 to 4

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I still think it' s accumulation. However, as HazardKoh mentioned below, we' ll need to wait until the next Q result to know if the share price will fly or tank.

I was only aware that Berjaya Group owns 74% after looking at the announcement dated 4 Aug. There is a possibility that the next Q result might be better than Q1 because of Sea Games. As ringgit is still under performing, and the SEA Games participants might help to boast up the next Q result. My thought.