| Latest Forum Topics / Shen Yao Last:0.002 -- |
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ThinkEnv name change to Liongold Corp
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mattohoh
Elite |
08-Dec-2020 22:38
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Have been hovering around 0.003-0.004 hopefully we can see 0.005 and above soon dyodd
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Isolator
Supreme |
08-Dec-2020 22:37
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No fear... long to enjoy... | ||||
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black_white
Master |
08-Dec-2020 22:36
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When you can have 500 million 5 years down the road, 100 million now is nothign to you. But what is opportunity costs? Again, you just want to criticise and don' t bother to read the in-depth discussions we had here with various other forumers.  I' ll leave it as here to let others judge. Market actions will tell. And if you want to prove us wrong, please go and short this counter if you are very confident. We are all waiting at 0.003 and 0.002. SOmeone shouted to short during sunday. I dont think he succeeded over 2 days.... walls too thick for him to sell down or eevn buy up also. 
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black_white
Master |
08-Dec-2020 22:33
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Someone answered you liao. And to add on, it is small money in the bigger scheme of things. 
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Operator81
Senior |
08-Dec-2020 22:33
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You are talking to yourself and not answering to my question. Is $100 mil small money to them from just 1 micro penny counter?
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black_white
Master |
08-Dec-2020 22:32
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Certain things, such as the options, put in place before new management took over cannot be controlled by them. But what they can do is how they react and manage its history of baggage. Hence we will need to see what Premier Equity Fund does tomorrow or the next few days, and how LG management reacts to it that will be the key to ascertain the details. What we have provided thus far are all hypotheses. None have been proven thus far. But the trend so far, before this share option activation announcement, has shown that the company is bent on creating value for its shareholders (and mind you don' t be so myopic to think that shareholders means we all retail investors. Because the majority of shares is with that guy)
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black_white
Master |
08-Dec-2020 22:26
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Simplistic evaluation and conclusion without depth of assessment. Go and study their management portfolio. Someone said no pictures of them cause shareholders scared whack them right? Go and read through every single one of my posts before you all conclude that " no picture" as a fact. I have even posted links to show Mr Yao' s photo.  WHat has not changed? Yes, you are right. the intent and aim of making money - which listed company in SGX isnt? It is how they make the money.  Any concrete steps taken to show how they are going to make the money? Yes, compared to the past. Go do yourself a favour to read my posts on the analysis and research beyond simply charts and what past management had done.
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Operator81
Senior |
08-Dec-2020 22:22
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You mean this is new management, what happen before no count. The precedence is they want to make money from the market. What has changed? Do you mean the new management/fund want the retail investors to make money from them? Nothing has changed. 
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black_white
Master |
08-Dec-2020 22:18
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Ya lor. Like you said mickey mouse market. So China man come here. EIther he mickey mouse us jialat jialat, or he make sure he reaps as much of  the profits himself.  And like my posts much much much earlier - they are selfish. They want it all to themselves. But they want it big for themselves. 
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black_white
Master |
08-Dec-2020 22:16
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We also had this conversation much much much earlier...... And as mentioned, LG in not in SGX financial watchlist. If you hold the mentality to short the stock and look for quick gains, which many are like that in SGX, then you are right. But look who is the biggest shareholder now - Not a Singaporean. 
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Operator81
Senior |
08-Dec-2020 22:14
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No lah, 0.001 to 0.004 is small profit not multibaggers, lol. I never know money so easy to make from our mickey mouse market.
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black_white
Master |
08-Dec-2020 22:13
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They are not kind. Obviously, you are not vested and never bothered to read my earlier posts for the past 2 weeks. I have emphasised again and again - they are selfish and want everything for themselves. You all must be so blind to these conversations we had in this forum.  Bro/Sis, this is new management. What is precedence no longer applies. Last time police also wear shorts. 
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Wealth98
Veteran |
08-Dec-2020 22:09
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Have you seen this movie The Crazy Rich Asian ?  Singaporean is the The Crazy Rich Asian .. and yes , $100 millions is huge but it is no big deal for Singaporean . Singaporean has the spending power in this Mickymouse Market and this Mckymouse can digest it .  
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NothingWrong90
Member |
08-Dec-2020 22:00
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You think the fund and owners are so kind let you multi-bagger your ' investment' ah? You notice their past RCB deal all done with option to covert at dirt price, at 0.001 (i.e. SGX minimum bid price), whilst enlarge the share capital base each time, their company' s valuation continue to increase (i.e. minimum bid price X ever-increasing issued shares as a result of these unfair RCB deals). And they easily cash out selling at 0.002/0.003 at no loss to them. These funds/owners are essentially milking from the public on the exchange, giving the false impression that the company is turning around while they are busy cashing out behind their nominee accounts (probably not fully/timely disclosed in the public). Guess what, the proceed from these unfair RCB deals are even used to fund their ' working capital' i.e. directors' remuneration / keeping few employees fed for impression of surviving. The owners don' t even dare to post their photos in their annual report... i guess they scared kena whacked by angry shareholders :p   |
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Operator81
Senior |
08-Dec-2020 21:38
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What is small profit? You think $10 mil-$20 mil is tiny profit? I am not saying the share price will collapse, i am saying the absolute value of their holdings today: 1) Yao brothers 21 billion [email protected] is $84 mil. 2) Economist' s convertible bond 3.3 bil [email protected] is $13.2 mil 3) Premier Equity Fund option 500 mil [email protected] is $2 mil Total about $100 mil, small money? The hard truth is our mickey mouse market cannot digest it.
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black_white
Master |
08-Dec-2020 21:30
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You know. As I think deeper, I am quite happy this is happening: 1. The price rise will be controlled and not explosive - This is good for longer term prospect rather than a sudden burst and with possibility of trending downwards. Also, for everyone who are hoping for this to be better than Oceanus, I am certain it will be in the longer term prospect. Liongold was never in the SGX financial watchlist. Profit more than Oceanus also. Isn' t it a wonder why it has not yet skyrocketed like Oceanus? Don' t forget who was the smart one diluting peoples' shares and ensuring he has the majority of the shares at about 85%! It can only mean one thing like what I mentioned before. The prospect of this is a once in a lifetime opportunity. :D I bought at 0.002, 0.003 mostly.10% of it at 0.004.  $0.10 is my target without any share consolidation. With shares consolidation, I am looking at a potential of $0.20 and above depending on the extent of consolidation. 
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OngBak
Veteran |
08-Dec-2020 20:56
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We here quite a number of is bought 001, even reach 004 also didn't let go.
Will the Fund dump with some small profits?? Yes, maybe they are hard up and need some pocket money.
But what I believe is they know best that even Tomson took up a bond of $10m.
To me, I take it that the investors trust the current team to bring up the company.
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Thiamm
Veteran |
08-Dec-2020 20:56
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just  saw your explanation which I missed earlier, good details  
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Operator81
Senior |
08-Dec-2020 20:55
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The interesting part about black and white is not about his analysis. It is his intented or unintentional unwavering blind faith about liongold.  Let me share the following: 1) The " economist" can have up to 3.3 billion shares via convertible bonds 2) Premier Equity can have another 500 million shares via options. 3) Total 3.8 billion shares. 4) Never assume that they will not sell. By selling 500 mil shares between 0.003-0.004, that is 200% to. 300% returns. 5) This VCAM or premier equity fund, how it function, you go around ask your rich friend, they will tell you, i feel they are short term opportunistic in our local context, aka quick return. 6) Wait, the Yao brothers still have many billion shares, their cost is 0.001, do you think they will sell some?
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cycy818
Master |
08-Dec-2020 20:11
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LG need 100x supporters like you. It will rocket high🚀 🚀 🚀 🚀
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