| Latest Forum Topics / Shen Yao Last:0.002 -- |
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ThinkEnv name change to Liongold Corp
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Mk8080
Senior |
07-Dec-2020 18:24
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I think what I see might be, BB if it is, is trying to force out weak hand and at the same time profit from 2-3 and 3-4 and while squeezing they sell and buy... but for us when we brought at either 2/3/4 and intend to hold we will not be affected. However lets say if I brought at 2 and want to sell at 4, I got 50% profit, but when I try to get back into the game of getting at either 2-3 I got to Q last into the line. Cause I dun think bb will just squeeze and load and not masking a cent out of it. However from the TA it speaks differently for the past 5-7 years... price was never above 4, yes not doubt then not taking over and so call bb accumulate action seen. But the question is how long will it last? And if so dun thinkBB would just load and not make isn' t it. | ||||
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black_white
Master |
07-Dec-2020 17:54
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Bro, you need to know. Blumont is a different ballgame - Blumont price shot up due to a potential takeover with a share price offer. And because it shot up too fast, and now the takeover seems to be in limbo, it is bound to drop quickly too. Liongold on the other hand, has been on strong fundamentals with the release of good news. The takeover was done ' quietly' and in a different manner from Blumont. These new owners are smart - They have bigger targets then just those 0.1 cents gains. If they wanted to just make quick money, they would have done so already - Like the way Blumont went. But these new owners of LG are building a strong base for a gradual rise. You can see the invisible hand in play too. And the invisible hand' s actions are basically telling everyone to stay away from playing and manipulating with their stock - It is their game, and they plan to play it out in the long term. Either we wait with them or just stay away. They will make sure those who are not serious investors are burnt badly, or stuck for a period of time longer than what the quick investor wanted.  But I believe, once it hits 0.006, I believe it will be in a much stronger position than Blumont and will continue to climb steadily. 
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lailai
Elite |
07-Dec-2020 17:44
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Think it is going to be a long drawn journey from even 003 to 006. Not likely in weeks or even in months. Even if can hit 006, it will be like a touch and fall, just like its cousin Blumont. Blumont touched 007 a couple of weeks ago, managed to stay there for 2 days only, and now back to 003 buy, and 004 sell. Think B-W' s comments hv been correct and logical most of the times, and are worth following for guidance, imo. Cheers! ![]()
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black_white
Master |
07-Dec-2020 16:51
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Yes. To squeeze out weak hands. It will be a repeat of last week. But expect this to last longer. Last week' s was suppsoed to last longer, but was catalysed faster by the good news. So now, with the goal post shifted, means the next wall will take longer to clear.
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churnw
Elite |
07-Dec-2020 16:41
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this week will be going 3-4 range for st least 1 week  
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Ushnisambatha
Senior |
07-Dec-2020 15:03
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This important message will long be remembered as THE only message worth noting in 2020. Esp for all  forum friends holding at 1-3 cts. Gold price was near US$2100 quite recently in August and I am sure  will attempt US$2200-2300 within the next few months.No nation is happy with US flaunting all the  IMF rules other than joining them printing as well. .Eventually,China and Russia will have these wild printers for breakfast. If you keep on printing,what will be the end goal? It has to be the dissolution of the USD.
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ThankYou
Supreme |
07-Dec-2020 15:02
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because 0.3 up by 0.1 is 33.3% bro.
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black_white
Master |
07-Dec-2020 14:55
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why questionable? This is a very very very very controlled rise. THose who have been long enough in this forum and seen our discussions will know that this counter is not your typical counter with meteoric rise in a few days type. Those who are here to short will die terribly.  I have my suspicions that this is not a local BB. He/they don' t seem to function like our typical local BBs.
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timetowakeup
Member |
07-Dec-2020 14:48
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very questionable that even with such a confident strong news from the convertible bond. no increase in pip . | ||||
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black_white
Master |
07-Dec-2020 14:44
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Squeezeeeeeeeeeeeeeeee. So that there will be a strong base :D I prefer a slow rise with strong base than a meteoric rise that leads to lao sai later. | ||||
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Ushnisambatha
Senior |
07-Dec-2020 14:10
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As I said,it' s usually personal and based on needs. I' m afraid your situation is out of context in my advice.The 50-50 is only good for people in a profitable state but undecided. Sorry for the misguide.
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ThankYou
Supreme |
07-Dec-2020 13:48
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I sell half means cut loss. Average 2.3 cents. So I can only buy more at 0.1-0.2 cent.
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Ushnisambatha
Senior |
07-Dec-2020 13:41
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I am a firm believer gold' s long term is worth its weight in waiting.However I also understand both long and shorter terms are a question of personal views and needs. For me,my usual advice is take the 50-50 route,i.e. sell half and keep half.If it goes down,you still have half and if it goes up,likewise.Kappish?
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Eatall
Veteran |
07-Dec-2020 13:38
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Loaded | ||||
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Isolator
Supreme |
07-Dec-2020 13:33
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Listen to the markets..... do not go against it.... long to enjoy... | ||||
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black_white
Master |
07-Dec-2020 13:31
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Yup. I just wanted to quote this to silence those who question the NAV portion for LG. 
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ThankYou
Supreme |
07-Dec-2020 13:30
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Bro, this one Long term lah. No need to see. Wait for results in February should be good. By then maybe 1 cent already!
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black_white
Master |
07-Dec-2020 13:27
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Let me post something here from cusmedia who did some calculations: Rev in 2020 estimate about 160Mil with 4.49M profits and let say gold price at 1800USD. Gold will surge when US start printing money and in 2021 when gold hit about 2400USD = 33%, the Rev will increase by 53M and this will add with base profit of 4.49M = 57M Profits. If AVG P/E about 15, the Market Value = 867Mil Stock price will be 2.8cts That why investors coming in. These computation exclude Fundmanagement business. If Gold hit higher... the market value will be much higher.... Cheers!!! |
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Ushnisambatha
Senior |
07-Dec-2020 13:04
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To help you search,it' s Tai Sin Electric,listed on SGX Mainboard abt 20 years ago.I am sure Bob will be happy to know you.Few can afford like you to place $3.8m on a penny stock. BTW, Tai Sin has never stopped giving dividend for the past 20 years.Cheers!
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Shifu8888
Supreme |
07-Dec-2020 12:43
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Ok Tai sin
Sorry. I go find out who this company is. Seems never heard of.
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