| Latest Forum Topics / MM2 Asia Last:0.003 -- |
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MM2 Asia [1B0.si]
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ThankYou
Supreme |
29-Mar-2021 16:51
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If I know I would have shorted this stock in the morning. Wasted! Thanks anyway! Will know what to do.
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makdatok
Supreme |
29-Mar-2021 16:50
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Hv to convert my R liao | ||||||
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ThankYou
Supreme |
29-Mar-2021 16:47
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Yes, you should have told me then I would have sold. But I was thinking Long term.
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Contratrader
Elite |
29-Mar-2021 16:46
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As mentioned , friday run up probably because of 2M buy in... that disturbed the momentum of rights trading...usually rights dont trade higher until rights cease trading...That was why i said " pleasant surprise " ...anyway..after rights shares credited in..it should have some selling pressure but long term this stock should be " nice" !!...can hold still ok la |
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ThankYou
Supreme |
29-Mar-2021 16:39
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About 5 M shares want to buy back at 1 cent. | ||||||
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Blowyouoff
Veteran |
29-Mar-2021 16:39
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Last night when I replied bobby08, I hinted when I said: ' base on above timeline, you figure out what are the possibilities on the price of R from Monday till 1st apr' a lot of people don' t quite understand Right issues and the timeline of the rights   
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ThankYou
Supreme |
29-Mar-2021 16:37
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By the way, I believe there will be players shorting and buying back 2 days later as usually the rights price will go lower. | ||||||
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ThankYou
Supreme |
29-Mar-2021 16:34
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No lah, I did not know it will go down today, or else I would have sold yesterday then buy again today. Anyway, I am serious about holding it. Just did not know the swing is so great.
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Contratrader
Elite |
29-Mar-2021 16:33
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Probably BB  want to play few rounds la...v smart BB.. | ||||||
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Blowyouoff
Veteran |
29-Mar-2021 16:32
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Bro, earn enough better run... genuine advise...only left 3 trading days.. After you exercise, there are few days you cannot trade because the shares aren' t deposited into your accounts until 16th....  many things can happens in those few days... 
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ThankYou
Supreme |
29-Mar-2021 16:31
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3 more days for rights to trade. | ||||||
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Blowyouoff
Veteran |
29-Mar-2021 16:28
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The TERP is 0.0835.... it' s trading at only 0.064 now. The rights are at 0.01 and it seems even at this price, it looks cheaper to buy to convert but yet demand is still limited  next 2 days expect more to release their rights after they realised how these rights issues works 
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ThankYou
Supreme |
29-Mar-2021 16:22
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Let us see what happens during the last 30 minutes. | ||||||
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ThankYou
Supreme |
29-Mar-2021 16:20
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Why would anyone buy Mother shares at 6.4 cents when they could buy rights shares at 1.2 + 4.7  cents? The reason should be they are covering their shorts earlier on, correct? | ||||||
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ThankYou
Supreme |
29-Mar-2021 16:12
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After adjusting for the rights, pre-Covid is trading at around 22 cents. | ||||||
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Supreme |
29-Mar-2021 16:09
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Year end should be more than that.
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Goodgoing
Master |
29-Mar-2021 16:07
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BB using the right price to control the mother share. If u think this counter will go higher. Just buy and hold tight. I expect year end can touch 10 cent.
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Supreme |
29-Mar-2021 16:05
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Just guessing the rights might rebound to 17/18. | ||||||
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Supreme |
29-Mar-2021 16:03
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Later when rebound it will be one big mouth by one big mouth.
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ThankYou
Supreme |
29-Mar-2021 16:01
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Bought some more at 1.1 cents to convert. At 5.8 cents, it is a good deal considering how much it has plunged. DBS target price of 9 cents, reopening of cinemas soon, possible merger with golden village, it cannot be expensive even at 7 cents.
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