| Latest Forum Topics / Shen Yao Last:0.002 -- |
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Shen Yao (Miracle Medicine?): New Beginning!
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spursfan
Supreme |
08-May-2021 09:50
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haha!![]()
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Shifu8888
Supreme |
08-May-2021 09:45
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Let me provide 3 fundamental positives why SY is on a positive trajectory and since I had said in jan this will be the stock to watch for 2021:
1. COVID will continue and even surge. This augurs well for safe haven Gold. 2. Analytics business investment. More development news will be the next catalysts. 3. Hedge Fund Business. Now that a new entity is happening, any news will be a huge catalyst if the target market is China where ipo is hot and capital markets is alive than other bourses. What next: They may dispose the Gold Asset. Now that the price is good, they should fetch a better price. With the money, they can re invent the business to 2 and 3. They may also engage in capital reduction by using proceeds to reward shareholders (Yaoists holding the bulk and I am sure they may want to unlock). This may not be so likely though. Well.... nobody knows what will happen next but one thing for sure. This is on a positive trail of trajectory. They really need to punch through 1 and make it a floor. Friday was an appetiser for all. Have a good weekend. Huat...... |
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black_white
Master |
08-May-2021 09:20
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Slow and steady wins the race | ||||
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19437E
Member |
07-May-2021 23:21
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SY has about 32 billion shares. If   declare dividend of 1c per share,   so 32b shares gets $320m. The profit needs to be $320m at least to give 1c dividend. So if you have 1m shares, your dividend is $10,000.  
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19437E
Member |
07-May-2021 23:07
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Looks like gold price is secondary. Instead, the hedge fund is the primary concern. If done well, SY will fly to the moon.   |
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black_white
Master |
07-May-2021 20:41
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SGX query is nothing - The company did not keep mum when they got real news. Instead of providing speculated news like some other counters on the exact things they are gonna do, but end up not doing or end up kena withdrawn (e.g. deals that were withdrawn, deadlines postponed), SY management is smart enough to keep quiet and only release news when things are concrete and firmly in place. E.g. the Hedge Fund company. Did they say they were doing hedge fund in the first place before even setting up the company? No. All they said was fund management as they were still exploring. So do they give empty promises and illusions to the public? No. DYODD |
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makdatok
Supreme |
07-May-2021 20:35
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Gold spike again..Now I believe in 19 for EOM..heh heh | ||||
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WiseInvestor
Elite |
07-May-2021 19:53
Yells: "Forex Biz Opportunity for traders!" |
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This is right. Hope it will be SY's intention
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hem2998
Veteran |
07-May-2021 19:14
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What a wonderful response to SGX query. Enjoy your weekend. | ||||
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Blowyouoff
Veteran |
07-May-2021 18:50
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For local catalyst company trying to get into mainboard, they need to satisfy SGX MTP of 20 cents and   thus share consolidation is inevitably necessary 
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Blowyouoff
Veteran |
07-May-2021 18:43
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Bro, this is text book and Google and you will find all the answers. to attract institutional investors, the consolidation makes the ' penny' looks more attractive too.. am asking him what mades him so certain to come up with his   ' prognosis' that it' s ' inevitable' for share consolidation for SY
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specific
Senior |
07-May-2021 18:40
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This wont happen so fast....only if this counter price hit certain level and want to transfer to main board. They will consider this option. Now still at 9 hair also havent grown yet. Let the hair grow first...
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WiseInvestor
Elite |
07-May-2021 18:33
Yells: "Forex Biz Opportunity for traders!" |
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Share consolidation is necessary to meet the requirement of institutional investors, saying at least 10 cents per share. No worry, really no loss of value arising from share consolidation. Assuming 10:1 consolidation to 10 cents, the issued capital will be 3.2 billion shares at 10 cents instead of 32 billion shares at 1 cent. SY consist of three biz segments: Gold mining, Investing and private equity and hedge fund. Millionaire to Billionaire Tycoons need to be secured first to provide stable income for SY in the last two latters.   |
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Blowyouoff
Veteran |
07-May-2021 17:40
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His ' prognosis' is interesting because he uses to word ' inevitable' If a patient has cancer, it' s inevitable this patient has to either go through chemo or surgery or else the patient cannot live long i wonder what' s the consequence to Shen Yao if it doesn' t share conso, that he uses the word ' inevitable' .. maybe 2998 can enlighten us regarding his ' prognosis'
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Blowyouoff
Veteran |
07-May-2021 17:34
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Actually I am long... that' s why querying his share consolidation' s ' prognosis' ....
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TraderBen
Supreme |
07-May-2021 17:32
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Siao like that also kena query.. crazy sgx | ||||
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bobdog
Veteran |
07-May-2021 17:30
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Join us long la.
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Blowyouoff
Veteran |
07-May-2021 17:22
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Serious ah? Can explain to me why ah? I am really interested what makes you give this prediction.... 
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Stocksguru
Master |
07-May-2021 16:37
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yes likely and will see the price drop.
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BlueSnake
Member |
07-May-2021 16:32
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The truth, another wall will be 0.015 and 0.020
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