Latest Forum Topics /
Seatrium Ltd
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Genting SP Next Move
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LoudShout
Master |
07-Jun-2024 09:41
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I meant as apparent from immediate price collapse after the share buyback, it shows that buyback is not to enhance shareholders values, but for the Co own purpose | ||||
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SAVIORFOREVER
Supreme |
07-Jun-2024 09:20
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See next year. Now business just pick up. This one is no.1 shortsell stock so KNS BBs are giving us opportunities to accumulate as low as possible.
As long as no contra buyers matgin buyers here then price should recover back some ground. SBB is just formality. Trade with value and DYODD
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LoudShout
Master |
07-Jun-2024 09:11
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On 4th June 2024, Co did first share buyback under the approved $100 m mandate.  Bought around $1.77 price for around $1million. Trumpeted in the press, for enhancing shareholders values.      Subsequent to buyback, share price tumbled to now 1.67 .. no follow-up buyback on 5th and 6th June. More of destruction of shareholder value through this intermittent buyback. ..without further support when share price subsequently drops. This is quite common for SGX co, they do buyback not to enhance shareholder values as apparent in the price collapse.   |
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SAVIORFOREVER
Supreme |
07-Jun-2024 08:26
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Who is selling to you?
Trade with curiosity and DYODD
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Chansenghoe1971
Elite |
07-Jun-2024 08:24
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164 | ||||
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SAVIORFOREVER
Supreme |
07-Jun-2024 07:25
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Go in now is less risk than last week. Buy must hold.
Trade with no contra buy no short and DYODD
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pikachu
Master |
07-Jun-2024 07:00
Yells: "Holy Cow!" |
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Can go in now? | ||||
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SAVIORFOREVER
Supreme |
07-Jun-2024 00:20
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Buy confidently? All the small potato add up also no match for one KNS BB aka shortseller.
Trade with tag along and DYODD
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SAVIORFOREVER
Supreme |
06-Jun-2024 23:39
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Don't hope for that to happen.
Trade with you will be very disappointed and DYODD
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beng1102
Elite |
06-Jun-2024 23:19
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76.4 million potential buy back for short covering plus SBB.  Can' t help to think that share price is going to retest 1.92 soon.
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Joyoftheworld
Master |
06-Jun-2024 23:01
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Think safer to buy in August, just before H1 result announcement. Til then, always keep your safety belt on.
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SAVIORFOREVER
Supreme |
06-Jun-2024 22:54
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Your thought is killing many longs.
Trade with the fittest will survive and DYODD
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Chansenghoe1971
Elite |
06-Jun-2024 20:57
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Let be true. There is no natural and real buyer for this.
Shortists are needed because they will buy back later The issue for retailer is to ride the right wave. Buy when shortlist cover. Don buy when shortlist naked sell. Seems now is still downtrend. Safer bet will be end June i think
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beng1102
Elite |
06-Jun-2024 19:57
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Short covering bougth back more than 90 million shares in the week ending 31 May.  Remainding open short of    76,434,833  million shares likely to buy back as price soon as price is now much lower.
SEATRIUM LTD 20240510 146,905,719
SEATRIUM LTD 20240517 162,689,573
SEATRIUM LTD 20240524 168,360,178
SEATRIUM LTD 20240531 76,434,833
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Chansenghoe1971
Elite |
06-Jun-2024 18:27
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I will be patient to wait for my next loading at 164 and second at 159. | ||||
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SAVIORFOREVER
Supreme |
06-Jun-2024 17:58
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100m only. If they use 500m then shortsellers might be scared a bit. 🤣 🤣 🤣
Trade with SBB and DYODD
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Chansenghoe1971
Elite |
06-Jun-2024 17:52
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That s a few k losses
Anyway don brag here Btw it seems hard to breach 170 now It should be 165-170 and then occasionally sub 165 before the results. No more catalyst. Sbb will only backfire Better mgt return $200m cash back to shh or $0.05 per share if I am right.
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vicloo
Supreme |
06-Jun-2024 15:32
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350-400k of profit is from several times of buy low sell high.... in range of 1.5+ to 1.8+. Each time profit taking make 100+k.... already 3-4 times realized profit... if keep holding there is no realized profit yet haha.
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MrBear12sfan
Member |
06-Jun-2024 14:46
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Would have been half a mil if u didnt short 183.
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eugesun
Elite |
06-Jun-2024 14:27
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The shares have been accumulating since last 6 months...just hold...huat ahhh
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