Back

Latest Forum Topics / Nico Steel

Post Reply

Something fishy going-on - VALUE ASSETS Selling? Post Reply Rate topic
gravity8888 Supreme	30-Nov-2017 11:28        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is OK.. Anyway u lose come. This counter is highway to hell... Just wait for it to go 1 cts
Useful To Me  Not Useful To Me
Chewbecca Senior	30-Nov-2017 09:34        Chewbecca About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bought .005 yesterday sold today at .005. When will i learn ?
Useful To Me  Not Useful To Me
n2e9w0 Member	30-Nov-2017 09:01        n2e9w0 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just sold all my nico steel holdings today.. lucky to b able to sell it @ 0.005... loss of 40% but I will prepare to come in at 0.001.. all the best
Useful To Me  Not Useful To Me
Tommy12356 Master	29-Nov-2017 22:38        Tommy12356 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is very sad for some of the old investors. Should have just stay as Strike Engineering. Anyhow change will result in this current stage.......... I think this one can accumulate at 0.001. Cannot lose much unless it de-list. Berani      ( Date: 29-Nov-2017 22:16) Posted: My opinion.. If got short rebound... sell it, dun hold. see those stock with convertible instrucment, everytime ppl convert it drop. Part some of your money at magnus energy.. this is strong buy call. lims0087      ( Date: 29-Nov-2017 20:56) Posted: I got 6 million shares currently, should i sell it？
Useful To Me  Not Useful To Me
n2e9w0 Member	29-Nov-2017 22:32        n2e9w0 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If I'm not wrong.. the minimum conversion is 0.001... they cannot convert any price less than 0.001 SaltyCake      ( Date: 29-Nov-2017 22:23) Posted: they actually do get to buy in the stock at 0.0009, but they sell in open market at 0.001 earning 10% as well.  This can be seen through magnus energy -- their RCB just ended, and no sign of new RCB n2e9w0      ( Date: 29-Nov-2017 20:14) Posted: is unfair... but what can we do... the EGM was passed without much objection.. I cannot remember how much was being converted out of the SGD 50,000,000 commitments... but just today, they merely converted an amount of SGD 250,000.00  (a small bit of SGD 50,000,000.00) to 50,000,000.00 shares and sell it off right away... the stock price dropped... they will continue to do it until the share price is 0.002. because they got a discount of 10% of the average price.. therefore if the share dropped to 0.001... they are not gaining any advanatage... 0.001 * 0.9 = 0.0009 but the min is 0.001.. therefore for them best is to drop till 0.002 and they convert @ price 0.0018.. then they can sell it off.... that is my thought... not giving any buy/sell analysis... DYOD
Useful To Me  Not Useful To Me
SaltyCake Senior	29-Nov-2017 22:23        SaltyCake About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	they actually do get to buy in the stock at 0.0009, but they sell in open market at 0.001 earning 10% as well.  This can be seen through magnus energy -- their RCB just ended, and no sign of new RCB n2e9w0      ( Date: 29-Nov-2017 20:14) Posted: is unfair... but what can we do... the EGM was passed without much objection.. I cannot remember how much was being converted out of the SGD 50,000,000 commitments... but just today, they merely converted an amount of SGD 250,000.00  (a small bit of SGD 50,000,000.00) to 50,000,000.00 shares and sell it off right away... the stock price dropped... they will continue to do it until the share price is 0.002. because they got a discount of 10% of the average price.. therefore if the share dropped to 0.001... they are not gaining any advanatage... 0.001 * 0.9 = 0.0009 but the min is 0.001.. therefore for them best is to drop till 0.002 and they convert @ price 0.0018.. then they can sell it off.... that is my thought... not giving any buy/sell analysis... DYODD ticktock      ( Date: 29-Nov-2017 19:55) Posted: That seems unfair to shareholders? Is it legal and allowed
Useful To Me  Not Useful To Me
Berani Elite	29-Nov-2017 22:16        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	My opinion.. If got short rebound... sell it, dun hold. see those stock with convertible instrucment, everytime ppl convert it drop. Part some of your money at magnus energy.. this is strong buy call. lims0087      ( Date: 29-Nov-2017 20:56) Posted: I got 6 million shares currently, should i sell it？ n2e9w0      ( Date: 29-Nov-2017 20:14) Posted: is unfair... but what can we do... the EGM was passed without much objection.. I cannot remember how much was being converted out of the SGD 50,000,000 commitments... but just today, they merely converted an amount of SGD 250,000.00  (a small bit of SGD 50,000,000.00) to 50,000,000.00 shares and sell it off right away... the stock price dropped... they will continue to do it until the share price is 0.002. because they got a discount of 10% of the average price.. therefore if the share dropped to 0.001... they are not gaining any advanatage... 0.001 * 0.9 = 0.0009 but the min is 0.001.. therefore for them best is to drop till 0.002 and they convert @ price 0.0018.. then they can sell it off.... that is my thought... not giving any buy/sell analysis... DYOD
Useful To Me  Not Useful To Me
Tommy12356 Master	29-Nov-2017 22:13        Tommy12356 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Conversion Shares will rank pari passu in all respects with and carry all rights similar to Shares in issue then, save for any dividends, rights, allotments and other distributions, the record date of which falls on or before the date of the issue of the Conversion Shares. Following the allotment and issuance of the Conversion Shares on 29 November 2017, the Company&rsquo s total number of issued shares has increased from 592,166,176 Shares to 642,166,176 Shares. They are getting at 0.005. (I think they will sell and there are more to convert) TigTig      ( Date: 29-Nov-2017 21:51) Posted: If price goes to 0.002 as anticipated, it' s better to clear at 0.005.  More than half the value gone if you don' t.      This company is fishy, better to steer clear, don' t touch.
Useful To Me  Not Useful To Me
Tommy12356 Master	29-Nov-2017 22:08        Tommy12356 About Contact  Quote this Post!
x 0   x 0  Alert Admin	i recommend sell, but you need to consult your financial adviser. lims0087      ( Date: 29-Nov-2017 20:56) Posted: I got 6 million shares currently, should i sell it？ n2e9w0      ( Date: 29-Nov-2017 20:14) Posted: is unfair... but what can we do... the EGM was passed without much objection.. I cannot remember how much was being converted out of the SGD 50,000,000 commitments... but just today, they merely converted an amount of SGD 250,000.00  (a small bit of SGD 50,000,000.00) to 50,000,000.00 shares and sell it off right away... the stock price dropped... they will continue to do it until the share price is 0.002. because they got a discount of 10% of the average price.. therefore if the share dropped to 0.001... they are not gaining any advanatage... 0.001 * 0.9 = 0.0009 but the min is 0.001.. therefore for them best is to drop till 0.002 and they convert @ price 0.0018.. then they can sell it off.... that is my thought... not giving any buy/sell analysis... DYOD
Useful To Me  Not Useful To Me
TigTig Master	29-Nov-2017 21:51        TigTig About Contact  Quote this Post!
x 0   x 0  Alert Admin	If price goes to 0.002 as anticipated, it' s better to clear at 0.005.  More than half the value gone if you don' t.      This company is fishy, better to steer clear, don' t touch.
Useful To Me  Not Useful To Me
lims0087 Member	29-Nov-2017 20:56        lims0087 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I got 6 million shares currently, should i sell it？ n2e9w0      ( Date: 29-Nov-2017 20:14) Posted: is unfair... but what can we do... the EGM was passed without much objection.. I cannot remember how much was being converted out of the SGD 50,000,000 commitments... but just today, they merely converted an amount of SGD 250,000.00  (a small bit of SGD 50,000,000.00) to 50,000,000.00 shares and sell it off right away... the stock price dropped... they will continue to do it until the share price is 0.002. because they got a discount of 10% of the average price.. therefore if the share dropped to 0.001... they are not gaining any advanatage... 0.001 * 0.9 = 0.0009 but the min is 0.001.. therefore for them best is to drop till 0.002 and they convert @ price 0.0018.. then they can sell it off.... that is my thought... not giving any buy/sell analysis... DYODD ticktock      ( Date: 29-Nov-2017 19:55) Posted: That seems unfair to shareholders? Is it legal and allowed
Useful To Me  Not Useful To Me
n2e9w0 Member	29-Nov-2017 20:14        n2e9w0 About Contact  Quote this Post!
x 0   x 0  Alert Admin	is unfair... but what can we do... the EGM was passed without much objection.. I cannot remember how much was being converted out of the SGD 50,000,000 commitments... but just today, they merely converted an amount of SGD 250,000.00  (a small bit of SGD 50,000,000.00) to 50,000,000.00 shares and sell it off right away... the stock price dropped... they will continue to do it until the share price is 0.002. because they got a discount of 10% of the average price.. therefore if the share dropped to 0.001... they are not gaining any advanatage... 0.001 * 0.9 = 0.0009 but the min is 0.001.. therefore for them best is to drop till 0.002 and they convert @ price 0.0018.. then they can sell it off.... that is my thought... not giving any buy/sell analysis... DYODD ticktock      ( Date: 29-Nov-2017 19:55) Posted: That seems unfair to shareholders? Is it legal and allowed? SaltyCake      ( Date: 29-Nov-2017 19:50) Posted: i believe... they usually sell first, and then buy back at cheaper price. So this 0.005 purchase price could then be... to cover their previous selling from 0.011 to 0.007
Useful To Me  Not Useful To Me
gravity8888 Supreme	29-Nov-2017 19:59        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	U mean there are ppl still buying this con stock?
Useful To Me  Not Useful To Me
ticktock Master	29-Nov-2017 19:55        ticktock About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	That seems unfair to shareholders? Is it legal and allowed? SaltyCake      ( Date: 29-Nov-2017 19:50) Posted: i believe... they usually sell first, and then buy back at cheaper price. So this 0.005 purchase price could then be... to cover their previous selling from 0.011 to 0.007  ticktock      ( Date: 29-Nov-2017 19:44) Posted: Shouldn't it go up tomorrow since the conversion price is .005 so that VC can offload at profit? DYODD this is a question, not a buy call.
Useful To Me  Not Useful To Me
SaltyCake Senior	29-Nov-2017 19:50        SaltyCake About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	i believe... they usually sell first, and then buy back at cheaper price. So this 0.005 purchase price could then be... to cover their previous selling from 0.011 to 0.007  ticktock      ( Date: 29-Nov-2017 19:44) Posted: Shouldn't it go up tomorrow since the conversion price is .005 so that VC can offload at profit? DYODD this is a question, not a buy call.
Useful To Me  Not Useful To Me
ticktock Master	29-Nov-2017 19:44        ticktock About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Shouldn't it go up tomorrow since the conversion price is .005 so that VC can offload at profit? DYODD this is a question, not a buy call.
Useful To Me  Not Useful To Me
n2e9w0 Member	29-Nov-2017 19:14        n2e9w0 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well mayb they thought it is a steal... n realised from the news announcement after the market closed... shit.. gone...
Useful To Me  Not Useful To Me
Tommy12356 Master	29-Nov-2017 19:08        Tommy12356 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am surprise why so many people buy at 0.005 if it is going to 0.001 n2e9w0      ( Date: 29-Nov-2017 19:03) Posted: All thanks to the management... minimum 0.001.. many ppl gonna dump the shares and try to get at 0.001... well done... don't understand why the management actually agreed to this idea...
Useful To Me  Not Useful To Me
n2e9w0 Member	29-Nov-2017 19:03        n2e9w0 About Contact  Quote this Post!
x 0   x 0  Alert Admin	All thanks to the management... minimum 0.001.. many ppl gonna dump the shares and try to get at 0.001... well done... don't understand why the management actually agreed to this idea...
Useful To Me  Not Useful To Me
Tommy12356 Master	29-Nov-2017 12:47        Tommy12356 About Contact  Quote this Post!
x 0   x 0  Alert Admin	There will be a fair amount of conversible shares coming from the $50 million red packet..... Berani      ( Date: 08-Nov-2017 18:58) Posted: tis stock NAV is 167 cents.. why the share price only 7 cents? redbull888      ( Date: 07-Nov-2017 21:19) Posted: cant get today...tomorrow Que agai
Useful To Me  Not Useful To Me

                                                         First   < Newer   1361-1380 of 1788   Older>   Last