ShareJunction - Member Posts

x 0

sold some short term holdings here and shifted to Duty Free International as price is quite stable there at the 52 week bottom now.

x 0

90% of the 622K @28.5 cents is a false sell order... big bulls should evaluate and take a piece of pie like the company is doing buying at the bottom prices and to hold for long term, Yesterday company bought another 320K to support the bottom price on long term charts. we have seen volumes over 15 million on 3 occassions since 2016 and over 10 million on 2 occasion since the beginning of 2016.... Something is fishy as I have never seen these volmues of shares exchanged in this counter since 2011... I am holding on my investments here till some clarity is seen. In 2015 prices stayed in 27 to 31 cents for one full year and then spiked over 40 cents. Some game in the backend still going on.. Not sure what is happening though over the shorter time frames. Problem is short termers are making quick gains on price spikes and I am joing the gang too to make merry and enjoy the coffee money by earning 3 to 4 cents on small lots.

x 0

as I am saying company is always buying back at the lower end..... today 622 lots are on sales and these big bears are putting the downwards.. good opportunities for the big bulls to snatch all the false sell orders. .. If you see the volumes on the charts there has been pretty good action and volumes in this counter... Some long termers have exited and Heinemann has taken over the 10% stake .. Company is just providing support in the buy back as we are at the 5 year low price... .200 SMA on long term is at 33 cents. so, good opportunity for long termers to keep snatching and nibbling at the bottom

x 0

I think it is all set to retest the previous highs of 0.345 highs of 2009/2015.... good going and might breakout too is things go to exteme bullishness with huge volumes.

x 0

Yes the exact information is available on SGX too..... I just checked for the sharebuyback in 2012 (0.2249%) and 2014 (0.27%) only. So, you mean to say for 2017 (0.612%) the shares buy back is over and the company may not buy back unless they have to support the price below long term 200 moving average on long term charts. anyway the current price is moving with the 200 SMA unless good results going forward we can see good returns right.. Anyway, I am still on with my long term holdings. cheers.

mogambo ( Date: 08-Sep-2017 11:30) Posted:

yes Hazard bro you are correct the buyback in 2012 and 2014 are partial and only less than 1% of the authorised shares were bought I could not find the info on SGX but checked on the Duty Free website in the company websites News Room..... Investors can double check the details. Anyway I dont provide any tips to buy or sell...every individual investors can do their due deligence by checking with their financial advisors or by their own self study. What I post here are my views which may be incorrect to a large extent as I may be biased with my investments too. My apologies if I hurt any traders sentiments here .. and thanks for guiding us all with your knowledge on this scrip.

HazardKoh ( Date: 08-Sep-2017 10:55) Posted:

I hope u can clarify ur misrepresentation on the share buyback

x 0

yes Hazard bro you are correct the buyback in 2012 and 2014 are partial and only less than 1% of the authorised shares were bought I could not find the info on SGX but checked on the Duty Free website in the company websites News Room..... Investors can double check the details. Anyway I dont provide any tips to buy or sell...every individual investors can do their due deligence by checking with their financial advisors or by their own self study. What I post here are my views which may be incorrect to a large extent as I may be biased with my investments too. My apologies if I hurt any traders sentiments here .. and thanks for guiding us all with your knowledge on this scrip.

HazardKoh ( Date: 08-Sep-2017 10:55) Posted:

I hope u can clarify ur misrepresentation on the share buyback.

mogambo ( Date: 06-Sep-2017 14:56) Posted:

Hazard bro not true .. Please check the companies buy back of shares records for 2012 and 2014 and they have bought back 100% of the entire buy back quantity .. so this time also before the AGM they have to complete the formalities.

Duty Free International Limited (SGX:5SO) announces an Equity Buyback for 122,850,039 shares, representing 10% of its issued share capital.

Source: Capital IQ Buybacks Database
Type: Buyback Transaction Announcements
From: 14/Jul/2017

Duty Free International Limited (SGX:5SO) commences share repurchases on July 13, 2017 under the program mandated by the shareholders in the Annual General Meeting held on June 29, 2017. As per the mandate, the company is authorized to repurchase up to 122,850,039 shares, representing 10% of the issued ordinary share capital. In case of on market repurchases, the maximum price that will be paid by the company for repurchases will be 105% of the average closing price over the period of five market days in which transactions in the shares on the SGX-ST were recorded before the day on which such purchase is made. While in case of off-market repurchases, the maximum price that will be paid by the company for repurchases will be 120% of the average closing price over the period of five market days in which transactions in the shares on the SGX-ST were recorded immediately preceding the date of offer by the company. The repurchased shares will be cancelled or will be held in treasury for subsequent resale for cash, or for transfer for the purposes of or pursuant to an employees&rsquo share scheme or for transfer as consideration for the acquisition of shares in or assets of another company or assets of a person or cancellation or for sale, transfer or otherwise use as treasury. The company will use its internal sources of funds and/or external borrowings, to finance the repurchase program. The share repurchase program will provide the company with a mechanism to facilitate the return of surplus cash over and above its ordinary capital requirements in an expedient and cost-effective manner. It will also provide the Directors with greater flexibility over the company&rsquo s share capital structure with a view to enhancing the EPS and/or NTA value per share. The share repurchase program shall expire at the earliest of the date on which the next Annual General Meeting of the company is held or is required to be held, the date on which the share buy-backs are carried out to the full extent mandated or the date on which the authority contained in the share buyback mandate is varied or revoked.

x 0

i am telling investors not to invest with leveraged money as some traders here are swinging the price with circular trading. yeah the buyback story is true but i am not luring them let the investors do their due deligence study the long term prospects and decide. i entered as investor but when i found the truth decided to swing with the trade and earn some coffee money on small lots

HazardKoh ( Date: 08-Sep-2017 10:49) Posted:

Are u talking about urself? Who are u referring to when u mentioned the group will spread panic saying the price will go low etc..??

I think u are the one spreading false information on the share buyback saying that duty free will buyback all the authorised 100000+ lots which then lured new investors to buy at 31-32 cents after reading ur comment and now they are trapped.

mogambo ( Date: 08-Sep-2017 10:44) Posted:

as i told you all there is a syndicated group of traders here who snatch shares for ignorant investors at the bottom anf then take it up momentarily trapping new investors with greed to make quick money. the group then swing back the price and apread panic saying the price will go low and the new investors on leveraged to force sell their shares. just dont fall into their trap rather keep buying into the bottom where the owner/ promoter will support the price line. good luck

x 0

as i told you all there is a syndicated group of traders here who snatch shares for ignorant investors at the bottom anf then take it up momentarily trapping new investors with greed to make quick money. the group then swing back the price and apread panic saying the price will go low and the new investors on leveraged to force sell their shares. just dont fall into their trap rather keep buying into the bottom where the owner/ promoter will support the price line. good luck

x 0

some more blue whales bought bigger trade quantities one blue whale bought 62.3k at 11:00 am precise, some more blue whales followed up with larger quantities one blue whale bought 51.3K at 11:14am and another subsequent blue whale also bought 50K at 11:20 am all price action for 29.5 cents.. Investors just dont get fooled by the blue whales and blue sharts just understand the money flow and make money and gains.

x 0

if you understand the trading patterns of the blue sharks a lot of money can be earned just by studing the price action. .. I made my biggest loot in this scrip just by studying the price action and the volatility in this scrip.

jack2906 ( Date: 07-Sep-2017 11:36) Posted:

beware of 0.295 endless sell volume, this is the trap... pretty sure it will go below 0.29 soon~

mogambo ( Date: 07-Sep-2017 10:41) Posted:

Some blue sharks started buying today one blue shark bought 21.8k and the other blue sharks followed up with SMA smaller buy quantities of 12k, 5k and so on. There are many blue shark Traders just keep watching their buy and sell patterns. You will understand the price action in this scrip to understand its trading pattern.

x 0

Some blue sharks started buying today one blue shark bought 21.8k and the other blue sharks followed up with SMA smaller buy quantities of 12k, 5k and so on. There are many blue shark Traders just keep watching their buy and sell patterns. You will understand the price action in this scrip to understand its trading pattern.

x 0

Hazard bro not true .. Please check the companies buy back of shares records for 2012 and 2014 and they have bought back 100% of the entire buy back quantity .. so this time also before the AGM they have to complete the formalities.

Duty Free International Limited (SGX:5SO) announces an Equity Buyback for 122,850,039 shares, representing 10% of its issued share capital.

Source: Capital IQ Buybacks Database
Type: Buyback Transaction Announcements
From: 14/Jul/2017

Duty Free International Limited (SGX:5SO) commences share repurchases on July 13, 2017 under the program mandated by the shareholders in the Annual General Meeting held on June 29, 2017. As per the mandate, the company is authorized to repurchase up to 122,850,039 shares, representing 10% of the issued ordinary share capital. In case of on market repurchases, the maximum price that will be paid by the company for repurchases will be 105% of the average closing price over the period of five market days in which transactions in the shares on the SGX-ST were recorded before the day on which such purchase is made. While in case of off-market repurchases, the maximum price that will be paid by the company for repurchases will be 120% of the average closing price over the period of five market days in which transactions in the shares on the SGX-ST were recorded immediately preceding the date of offer by the company. The repurchased shares will be cancelled or will be held in treasury for subsequent resale for cash, or for transfer for the purposes of or pursuant to an employees&rsquo share scheme or for transfer as consideration for the acquisition of shares in or assets of another company or assets of a person or cancellation or for sale, transfer or otherwise use as treasury. The company will use its internal sources of funds and/or external borrowings, to finance the repurchase program. The share repurchase program will provide the company with a mechanism to facilitate the return of surplus cash over and above its ordinary capital requirements in an expedient and cost-effective manner. It will also provide the Directors with greater flexibility over the company&rsquo s share capital structure with a view to enhancing the EPS and/or NTA value per share. The share repurchase program shall expire at the earliest of the date on which the next Annual General Meeting of the company is held or is required to be held, the date on which the share buy-backs are carried out to the full extent mandated or the date on which the authority contained in the share buyback mandate is varied or revoked.

HazardKoh ( Date: 06-Sep-2017 11:07) Posted:

They have stopped share buyback long time ago already (last month, u can read their annoucement in SGX) and it is NOT compulsory for them to buy back all the 10% of the issued shares and it is NOT their intention to buy back all the 10%. They only buy back the most 1%, if u look at their past history of buying back shares and no companies according to my many years observation had buy back 10% aka the full 10% shares.

The price wun shoot up from share buyback, reasons:
1) They only buy back around 1% the most.
2) Buyback is to " support" share price and not push share price.

They had carried out several share buybacks through out the years. U can go to SGX and look at their annoucements for the past 5 years.

Is a simple pump and dump by some BBs...

mogambo ( Date: 06-Sep-2017 10:43) Posted:

Owner is trying to spread fear along with the big bears to eat all quantitiyies below 30 cents. But small investors keep filling up the GAP below 30 cents as the owner still has to buy back 115 million shares within 3 months time time frame. For the average monthly volumes below 5 million the owner has to Ho in a agressive mode to fill up his kitty to fill up another 93% volumes in a very short period of time.👍 👍 start filling up your kitties before the price shoots up beyondbuiur imagination. Cheers

x 0

Owner is trying to spread fear along with the big bears to eat all quantitiyies below 30 cents. But small investors keep filling up the GAP below 30 cents as the owner still has to buy back 115 million shares within 3 months time time frame. For the average monthly volumes below 5 million the owner has to Ho in a agressive mode to fill up his kitty to fill up another 93% volumes in a very short period of time.👍 👍 start filling up your kitties before the price shoots up beyondbuiur imagination. Cheers

x 0

looks like a syndicate is behind the price manipulations and owners are hand in glove with them..... Company is going debt free but business is still on the edge if it recovers it will recover remarkably provided the owners are not considered fraudulatently manipulating .. survillience team is investigating lets see what is in store for long term investors. The owners are not buying at this level looks like a hidden agenda to me.

x 0

Good Investment plans for good growth ahead?

August 29, 2017 Singapore-listed Tiong Seng Holdings and Ocean Sky International are jointly buying Sloane Court Hotel and a small adjoining plot for a consideration of S$80.5 million ($59.4 million) for redevelopment, the companies announced in pre-market exchange filings on Monday (Aug 28). The proposed acquisition is conditional upon the approval of shareholders of the vendors of the sites. Located in prime district 10 along Balmoral Road, the hotel with the small adjoining plot has a combined site area of approximately 3,617.9 square metres (38,943 square feet). The land is zoned for residential use, with a gross plot ratio of 1.6.

x 0

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%

nngeeh ( Date: 29-Aug-2017 09:30) Posted:

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.

x 0

we will be soon heading for the 5 year high at 1.24 and probably more fireworks from that point when investor see the growth story unfold before their eyes with new plant going into production mode and the output capacity goes up further. Hold I am enjoying my ride from 83 cents and still enjoying ha ha aha

x 0

lol I am talking to my self here ... but value investors please dont miss this gem and add it to you portfolio list cheers.

x 0

yeah brother it is a performing and undervalued company in singapore markets. Not to worry at all you will see with better performance you will see 1.2 and above in the next. So, relax and watch it once a month perform and go up higher and higher. cheers.

mogambo ( Date: 02-Aug-2017 10:07) Posted:

wow i am just impressed seeing the deadly bullish hammer on weekly charts... time for it to show performance and then really take off like a rocket

x 0

wah never say die still going strong undervaued by industry std wo can deedinerlt cqn see 1 pllus aftera strong performancè