| Latest Forum Topics / Southern Arch Last:0.002 -- |
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Blumont- Objective discussion only.
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Jeromelow
Senior |
10-Nov-2015 23:30
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so where did you get the information that soon will be 0.001 and 0.002? are u the director of the company?  are u so confirm that it will be 0.001 as new silkroute? 100 percent confirm? |
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HazardKoh
Master |
10-Nov-2015 23:27
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Market depth, got to subscribe from ur brokage firm
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Bigmama
Elite |
10-Nov-2015 23:22
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Soon it will be 0.001 buy 0.002 sell.
Those that hold will lose 33% soon
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frozeex
Member |
10-Nov-2015 23:21
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Hi Hazard, may i ask where u get that demand infomation ? Is there anywhere i can look for it ?  
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HazardKoh
Master |
10-Nov-2015 23:09
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1) First of all, our market SGX su_cks... and next few years will be entering bear market 2) this blumont has negative NTA and is having rights issue asking for $$ and diluting the share base. Based on past history, a loss making company with negative NTA and issuing right shares will end up like New Silkroute. By the way, the 0.002 u talking about is just a few shares traded. eg: Buy volume for 0.001 10000 lots vs 0.002 300000 lots. Then 0.002 only  very low volume  traded. Is almost impossible to sell at 0.002 becos the BBs already queue (long dated sell queue) every day at 0.002, u would not have the chance to sell at 0.002. haha and lastly is ur $$$, not mine. I just giving my views, no need to get so worked up. U can sweep all the blumont shares at 0.003 tomorrow if u want. No problem with me anyway cos I not interested in blumont. As u mentioned, u can always hope that some BBs will pump up blumont BUT u are at the mercy of the BBs in that case becos they can pump up OR they can pump down.  Once u buy at 0.003, is quite difficult to sell even at 0.003, u can only sell at 0.002 if u want. So if market crash or disaster happens and u want to cut loss, it would mean u can only cut at 0.002, which is 33% loss. Summary: If u buy blumont at 0.003, u are actually already making a 33% loss  instantly becos u cant sell at 0.003 as the sell queue is huge and with this 33% loss, u are hoping BBs will push the share price up.
market havent start already got ppl queue to sell at 0.003.    
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Jeromelow
Senior |
10-Nov-2015 23:00
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does the CAD investigation affects the company bussiness and the whole operation of the company? anyone advised? |
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nngeeh
Veteran |
10-Nov-2015 22:53
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The question now is why do you think the chance of Blumont hitting 0.004 (33% gain) is low? Is the really as low as Sunderland betting MC? Each year, Sunderland has only 2 chances per year to beat MC .... and you lose all if that didn' t happen. For Blumont, will it really delist and lose all like betting on Sunderland beating MC (and what are the chances of that happening in the next 1~2 years)? If you look at New Silkroad, there was a short period that it was tradining at 0.002 (100% gain from those who bought it as 0.001), Jasper from 0.004 to 0.011, OlS from 0.004 to 0.013 (before dropping back to 0.009), WE from 0.004 to 0.006. None of these counters above that were trading less than 0.005 got delisted, and has some point, gone up above 33%. If all these counters managed to get pump up, and making more than 33% gain (and in some cases more than 100%), why is the chance of Blumont winning is extremely low?
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HazardKoh
Master |
10-Nov-2015 22:38
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I think u got it wrong.. is 90% drop to 0.1 and 10% goes up to certain price in this type of market and in SGX.
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Jeromelow
Senior |
10-Nov-2015 22:25
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Okay that this is a example 10 percent of the is current price is drop till 0.001 , u will lose . In different view , chance of rebounding is 90 percent up to certain price. Why not gamble one time. U don what coming next ..... |
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HazardKoh
Master |
10-Nov-2015 22:23
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haha.. one word: GREED.  Risk takers like to buy underdogs cos the rewards is higher although the chance of they winning is extremely low. I admit i sometimes do buy underdogs .. u see if u buy underdogs beating chelsea this season, u win :) But out of 100+ penny stock, perhaps only 2 or 3 would end up like CEFC... the rest will make u lose  until cry also no  tears..    
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Dyna__
Senior |
10-Nov-2015 21:54
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Yes precisely. Since chance is low, why punt to lose?? 
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HazardKoh
Master |
10-Nov-2015 21:53
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" For Blumont, the most the price will slide from 0.003 to 0.001 (2 pips). If one is prepared to lose, what' s 2 pips? "   Brother, not quite right leh, misleading ... I give example.. Let say u use $3000 to buy at 0.3 cents, u can buy 1000 lots. If it drops to 0.1 cents, u only can back $1000 leh, that' s a whopping 67% loss.    
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HazardKoh
Master |
10-Nov-2015 21:47
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err... like tat is like buying Sunderland to beat Manchester City... Ya, it happens but chance is low, but still happens. So I would think u buy Blumont is like betting on Sunderland to beat Manchester City :) Is for risk taker definitely
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Bigmama
Elite |
10-Nov-2015 21:38
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Aghh Isolator........ Pity
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Dyna__
Senior |
10-Nov-2015 21:22
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There is no need to punt with a view of losing. Punt with a view of winning. No such thing as punt with what you can afford to lose. You should punt with a view to win only. That is positive punting. Otherwise do investment. It is better over the long run. I am a good example. 
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Bigmama
Elite |
10-Nov-2015 21:09
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It is a 40-60
40%reach 0.005 60% reach 0.001
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nngeeh
Veteran |
10-Nov-2015 20:10
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Like what Isolator used to say " The choice is yours.... Long and enjoy..." ..... At 3c, i' m inclined to Bigmama' s advice. BUT at 0.002 or 0.003, i' m a " Isolator" believer. I' m queuing few thousand lots to buy at 0.002 each day .... and guess what, 1 thousand lots now cost only 2K (not $2Million 2 years back).  |
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nngeeh
Veteran |
10-Nov-2015 20:03
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Again, one must be prepared to lose all when punting this counter (This is NOT investing). It' s a bet that is might get pumped up like Jasper 1~2 days back. Don' t put in money that you can' t afford to lose. Let' s look at Blumont & New Silkroad (From SGX url) Blumont: Shares Outstanding 2,866 mm (I think it should be 4000mm shares now after the rights issue) New Silk Road: 30,000 mm (if i' m not wrong, can' t seems to pull this out from SGX). The number of shares for New Silk Road is 7.5x. It' s much harder to New Silk Road to move up when the number of shares are too high. This share has been stuck at 0.001c for 1~2 years ... and it has not collapsed. For Blumont, the most the price will slide from 0.003 to 0.001 (2 pips). If one is prepared to lose, what' s 2 pips? If New Silk Road can survive being just 0.001c for so long, surely, Blumont can survive that long. Furthermore, we can still hope that CAD will clear Blumont, which will be the catalyst for the share to go up. There is something to look forward too for Blumont. If Blumont' s price is 2c, i probably won' t even bother to write anything here like what Bigmama said. But at 0.003, the reward surely outweight the risk.  
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HVRRVH
Elite |
10-Nov-2015 19:34
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WTF. How can this counter commanded more than $2 not too long ago? Market cap higher than some bluechips? I think in SGX we better don' t buy individual shares but ETF, if we must by SGX ' products' lol 
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HazardKoh
Master |
10-Nov-2015 19:27
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By the way, I have not shorted blumont , I just giving my view. So I hope no one come accusing me of shorting blumont just becos i give negative views for blumont. Just that i feel in this lousy SGX, even good company share price kana whacked down, let alone this negative NTA blumont..
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