| Latest Forum Topics / Shen Yao Last:0.002 -- |
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Victorious Spirit Eagle
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Ushnisambatha
Senior |
30-Jul-2020 13:31
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Hey,no need to be so vitriol. LG with and without debt are two different entities.Let' s see the results before labelling others are  inferior to yourself.
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Operator81
Senior |
30-Jul-2020 13:11
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You are super wrong, it is not worth 0.2 cents. If Raymond Tan wants, he would have increase his stake at 0.1 cents when he was the CEO. So you see how goondo you can be in misleading others.
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Ushnisambatha
Senior |
30-Jul-2020 13:01
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We have a millionaire standing right in front of us,i.e.Dato Raymond Tan. He has just bought 500million shares at 0.2 cts and that' s 3.3 times the number queuing today at this price.What more do we need?   He is pledged to lend another $2.5m without interest to LG.Simply put,the management of  LG can easily wipe out the queue selling at 0.2 cts through conversion of worth of $2.5 m(1.25 b shares at 0.2 cts) balance loan. So why are they not doing it? Obviously reluctant to dilute and the rest is up to your imagination.
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ssw518
Supreme |
29-Jul-2020 18:08
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tomorrow 500,000,000 shares issue thru convertable loan (@ 0.002 current market price, let see if he pushes the market or any BB interested. Time will tell, cycy818, we hold hand, added small small today. | ||||
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cycy818
Master |
29-Jul-2020 16:46
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look like justy need few more pokes the 0.002 will gone... Any miilonaires here want to experiment? | ||||
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ssw518
Supreme |
29-Jul-2020 14:07
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Totally agrre if you use the word BB, they are there to sux your money. But never say never cos if you can see what the BB is doing, you won' t be here. Not going to argue, i see appotunity i share, take or not your call, at least i come with clean heart n data. |
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Thi654321ABCDEF
Master |
29-Jul-2020 13:57
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Totally agree , it is good stock compared all stocks but what is the point when share price stuck at 1 and 2 When the gold price ia at 1950 , Others very bad , but share price shoot up  example CNMC , WILTON , MEDTECTS , UG . Now days good or bad is not matter , only BB , See BB are good or bad , if you feel good , then buy 
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Operator81
Senior |
29-Jul-2020 13:44
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You are right to say whether stock price up or down depends on BB. Nobody use fundamental or technical analysis for micro penny stock. There is a few things to fine tune in your observation: 1) We cannot be sure BB cost is 0.1 cent, it can be lesser. 2) They are not looking to sell all 32 billion shares at 0.2 cent. 3) It will not be the 2   " Yao Xiu" to sell their shares because they will buy to push up price if it ever moves. 4) The syndicates will be the one offloading to you guys.  
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Operator81
Senior |
29-Jul-2020 13:34
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Firstly, you must learn to differentiate " Underwater" from " Undervalue" stock. | ||||
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cycy818
Master |
29-Jul-2020 13:19
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This is how you discover undervalue stocks. Go read up books how to pick up a good stock. To be frank with you, Wilton cannot make it (empty xxxxx company) and CNMC another alternative to LG for Gold stocks.
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Thi654321ABCDEF
Master |
29-Jul-2020 12:52
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Every one talking unrelated points to stock price rise. I am talking , to go up share price , BB is key player . If BB is good and want to bring up share , sure will fly even zero profit.  We have seen this in many shell companey in SGX.  Share price raise is not related to profit or loss ,production , gold price , NAV , divident , rights , 32 billions , It purely depends on BB
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ssw518
Supreme |
29-Jul-2020 12:51
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Why you say 6 month to clear not drop to 1pip meh? As long as gold price stay above 1700 for 6 month i happy liao cos, it confirm LG clear their debt. Say put 1k here for 6 month, 6 month later chace to get back 1.5k is so damn high, This good lobang you don' t want but go play contra in med stock which ran up so much?
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cycy818
Master |
29-Jul-2020 12:42
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Where you get the numbers?  Do you think China business man will sell away LG now? 30 millions profits per year if good price stay at $1900 USD.  Gold price predict to rise to $3500 USD and by that time profits is at least 130 millions with 40,000 ounce of gold and net asset = ??
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ssw518
Supreme |
29-Jul-2020 12:19
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Don' t say say leh, you so confident, short at current price, key in 5mil share sell at 2 pip. We need shorist in fact. go read their report debt is only 5m, with 3.5mil going into their bank soon. LG profit for last 2 year which gold price is still much lower, go do your maths  
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Thi654321ABCDEF
Master |
29-Jul-2020 12:11
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32 billions of shares bought at 0.001 , to clear 32 billions at 0.002 , need at least 6 months at this rate
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Thi654321ABCDEF
Master |
29-Jul-2020 12:06
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today only 10milli traded at 0.002, if start buying more at 0.002 , dumping will start , otherwise no point of Q at 0.002
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Thi654321ABCDEF
Master |
29-Jul-2020 12:02
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News totally no use , every one know this is profitable , but what is the use  , tell me more about BB , important is BB , My 20 years exp
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cycy818
Master |
29-Jul-2020 11:16
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Looks like the 0.002 wall is clearing slowly. I think few rounds will see 0.003 soon 
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Operator81
Senior |
29-Jul-2020 08:57
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Gone case.
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ssw518
Supreme |
29-Jul-2020 06:40
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(Reuters) - Goldman Sachs < GS.N> on Tuesday raised its 12-month gold price forecast to $2,300 per troy ounce (toz), aided by expectations of more downside in U.S. real interest rates and a favourable environment for the safe-haven metal. The surge in gold prices is being driven by a potential shift in the U.S. Fed towards an inflationary bias to account for political tensions and an expectations that coronavirus infections will rise, Goldman said. Increased safe-haven buying has pushed spot gold prices 27% higher so far this year, as bullion surged to a record high of $1,980.57 on Tuesday. " We have long maintained gold is the currency of last resort, particularly in an environment like the current one where governments are debasing their fiat currencies and pushing real interest rates to all-time lows," Goldman said. Real concerns around the longevity of the U.S. dollar as a reserve currency have started to emerge, it added. " We see inflationary concerns continuing to rise well into the economic recovery, sustaining hedging inflows into gold ETFs alongside the structural weakening of the dollar, we see gold being used as a dollar hedge by fund managers," Goldman said. |
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