| Latest Forum Topics / Tritech Last:0.008 -- |
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STI to cross 3000 boosted by long-term investors
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StevenKan
Master |
22-Nov-2019 08:25
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I remember somebody posted before the valuation of the company should be around 0.05+. So placement of shares at current price is already a good buy for the investor who want to come in now. Hopefully it will fly high and higher from today onwards.
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hmmhmm
Elite |
22-Nov-2019 08:16
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Hmm.....making honey together.....
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TeoMark
Veteran |
22-Nov-2019 08:13
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Issue shares to fund working capital. When a company use reason like working capital. Have to be cautious ba. | ||||
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Justice888
Supreme |
22-Nov-2019 08:08
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But they are willing to pay current price for the placement ... means good ba. Hello we talking about money .... they must have seen prospect then buy in
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Trader-101
Supreme |
22-Nov-2019 08:01
Yells: "Don't trust what i say, Trust your decisions. " |
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Low liquidity lor plus good news all like bees attracted to honey come buy up
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hmmhmm
Elite |
22-Nov-2019 07:58
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Hmm.....price surged nearly 100% ard a week....placement..... It seems like freq of placement is a bit.....and size of placement is getting.... lets see how it will progress post annoucement.... | ||||
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Trader-101
Supreme |
22-Nov-2019 07:53
Yells: "Don't trust what i say, Trust your decisions. " |
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By the way out of the potential people who are taking part in the placement, 3 of them are sort of a major shareholders alr (Above 5 million for all 3 of them) This shows confidence in the company Btw.  | ||||
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StevenKan
Master |
22-Nov-2019 07:43
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Thanks for the sharing.
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Justice888
Supreme |
22-Nov-2019 07:42
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But at the same time cash go into co . NAV will not reduce
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StevenKan
Master |
22-Nov-2019 07:41
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Let's wish and hope HUAT HUAT HUAT & CHIONG CHIONG CHIONG GO UP!!! | ||||
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Trader-101
Supreme |
22-Nov-2019 07:41
Yells: "Don't trust what i say, Trust your decisions. " |
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Yes the law of supply and demand.  I remember in the statement released - it said that the buyers are not expected to sell the shares or something like that u can check it out  if that is the case then the liquid supply in the market will stay the same because for example Company A has 10 shares but 6 are held by major shareholders which means the remaining 4 are the liquid supply on the market. When the company conducts a placement of additional 5 more shares, the total shares now is 15 but the liquid supply stays at 4 shares only.  The Mgt did very well in the placement of shares, by finding investors themselves. Imagine if they let market decide whether to invest or not, the liquid supply will increase to 9 already as per the above example.  Disclaimer : I have bought quite an amount of shares in this counter so if u do not want to trust what I am saying, so be it. I am not in any way trying to influence or help the share price because I believe this counter has the potential to do well.   
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guards80
Supreme |
22-Nov-2019 07:33
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Tritech: Request for Lifting of Trading Halt :: Request for Lifting of Trading Halt | ||||
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Trader-101
Supreme |
22-Nov-2019 07:28
Yells: "Don't trust what i say, Trust your decisions. " |
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Lol did u look at the FS of this year and compare with other years ? It is on track to recovery. Check it out urself. Dear valuations ? IMO i think it is reasonable...the company employees, talents and software etc are all those not included in FS because it cannot be recorded. The willingness to pay high price shows that they are seeing the value of the company not based on its accounting value but rathers its business value. Sexy narrative ? Thanks yes it is attractive for investors just like how u are attracted to a girl because she is sexy (if u are a guy). The company is and looks healthy as of last FS released, dun find any problems with it ? Sudden interest ? LOL it is because nobody bothered to come here in the first place, if here can help share price to go up more i will be talking here more oftenly lol.  You seem new to this stock or not involved in this stock yet, looks like u dont really know this company very well yet. If this stock smells to fishy for u then go and find another fish then.
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ysh2006
Supreme |
22-Nov-2019 07:27
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I just think price will go toward 3.8c that level...look at Chip ES same pattern ..
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StevenKan
Master |
22-Nov-2019 07:21
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Theoretically, placement of new shares means more shares available, supply becomes more, price should drop but for this case, the support line is 0.038 which means it has been valued at least at this level and got buyer. Not sure how the market is moving towards to later. Anyone have better view, feel free to comment | ||||
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Justice888
Supreme |
22-Nov-2019 07:18
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Can explains
1) why terrible fundamentals ? 2) why dear valuations ?
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bayduck
Member |
22-Nov-2019 06:56
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This smells too fishy. 1) terrible fundamentals of business, 2) dear valuations, 3) announcing a sexy narrative about going into fintech, 4) sudden interest amongst various members that only appeared recently to talk up interest Pretty sure this is a speculative security prone to pump and dump. I can&rsquo t forecast short term share movements, but I am certain this company is a goner within 3 years. |
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Trader-101
Supreme |
22-Nov-2019 05:39
Yells: "Don't trust what i say, Trust your decisions. " |
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Finitely won' t go down lol company will control it  If the placement price lower than the share price everyone just buy on market Liao Hahahaahahaah So dun worry short term shld be above 40. |
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kuanyong1109
Member |
22-Nov-2019 02:36
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previous in july placement 0.029   the share price cant maintain and slowly slide down now is see wether the placement and the ooway news able to push the price higher  |
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kuanyong1109
Member |
22-Nov-2019 01:27
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or hope later got more news relating to the ooway sure will gap up   |
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