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Global Logistic
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KopRed75
Veteran |
28-Feb-2017 14:21
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It will claw its way back to 2.70 or even higher by market close. It has been a good field day for the big boys. Just look at how much they have collected around the price of $2.64. | ||||
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Dostalgia
Member |
28-Feb-2017 14:00
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Am hoping the price drop more, so I can pick up more =p | ||||
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seanpent
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28-Feb-2017 13:55
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very true .....
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alexchew
Master |
28-Feb-2017 13:55
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What changes daily is the market price, and not the book value. So, know what you buy, and you can sleep peacefully. 
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jeremyow
Master |
28-Feb-2017 13:42
Yells: "Passionate business investor" |
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For companies like GLP which is pending announcement on its strategic review in one or two months time, the movement of the share price eventually could be very strong. It could go either way. If a favourable outcome is announced one to two months down the road, then those investors/ traders who stayed the course will be greatly rewarded. But if the outcome is not favourable, then the big boys will exit and expect the share price to plunge very fast. Today is just a prelude to observe how fast the share price could plunge upon proft taking and selling of some shares from mainly the big boys in just under 20 minutes of market trading making the share price lose up to about 7.2% value in fast time. For retail investors (whether long term investors or short term traders) caught in such a situation, it maybe very difficult to exit especially should there be a great gap down very fast.      
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latebird2000
Member |
28-Feb-2017 13:42
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just saw the price, i thought i saw wrongly. Lucky got margin, if not i will get panic as well |
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RedAnt
Member |
28-Feb-2017 13:32
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For small retailer investor, it not worth to fight the flow. I getting out at this moment with a bit of profit. Let the dust settle before re-entry. Good luck to those that stay to fight. |
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mailaileh
Veteran |
28-Feb-2017 13:23
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In addition, market is likely expecting abit more disclosure for the strategic review (in terms of timeline, bidders, price, structure of investment) soon. However yesterday disclosure is as good as no disclosure. They didn' t even confirm on who are the bidders even though market rumours have spread. So some retractment in prices for those who want to recycle capital into something with a bit more proportionate reward-risk ratio. 
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jeremyow
Master |
28-Feb-2017 13:22
Yells: "Passionate business investor" |
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Small retail investors like us are at the mercy of these big boys and our only way to make profits is to buy ahead of them and sell ahead of them. It means to buy shares when the big boys have not begun to push up the share price but there is accumulation interest by these big boys in the particular share. And also not to be too greedy to stay too long and sell too late. This is because when the big boys start to sell shares and exit, the share price will fall faster than it previously rose up to the current level. 
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amandayoung
Elite |
28-Feb-2017 13:18
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你 买 1% 他 买 1。 5% 妳 买 0。 5% 她 买 2。 5%。 。 。 。
多 少 啦 ?
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amandayoung
Elite |
28-Feb-2017 13:16
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Deal or no deal talk later
Increase stakes 1st....
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jeremyow
Master |
28-Feb-2017 13:14
Yells: "Passionate business investor" |
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It is not surprising how the market function which is mainly affected by big boys (institutional funds and professional traders) with large funds to move the share prices. These big boys should already have stop loss points in place at their various entry points and taken all possible ways to protect their trading capital in the event that market turns against them. They do not deal in few thousands of dollars capital. They deal in 6 digits of capital upwards. So, at the price of $2.64 if indeed some of these big boys entered few months ago is also a point they could have set up higher stop loss to protect their capital and also any profit made should the market turns against them. Of course small retailers like us do not move the share prices that much. So today' s selling is from some or all of the various big boys reacting to the news about GLP. It could be that the stop losses were triggered and thus the continuous sharp plunge in share price. That is why share price of GLP could tank so much this morning losing as much as about 7.2% in just the first 20 minutes of market opening. 
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amandayoung
Elite |
28-Feb-2017 13:14
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Soon...the China funds may use proxies to buy into GLP. Accumulate as much as possible. US funds selling ? Ok thank you.
: ) China funds happy : )) 谢 谢 |
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mintymint
Member |
28-Feb-2017 13:11
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I use ara as a basic reference. Early nov 2016, ara announced the offer to privatise and the completion is expected to be 2017 1H if the deal materialises. GLP will probably takes longer since it is still at the stage whereby non-binding proposals have just been received.
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amandayoung
Elite |
28-Feb-2017 12:59
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Those who Bid UE now ....saves 12 cents per share on dividends : )
That is A LOT OF SAVINGS
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amandayoung
Elite |
28-Feb-2017 12:55
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They are Scholars : )
Me 2. I am Sekolah : ) Sama sama. |
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amandayoung
Elite |
28-Feb-2017 12:44
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UE is ....
COUNTRY CLUB MANUAL EXCLUSIVE MEMBERS ONLY MANUAL
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gopguppy
Veteran |
28-Feb-2017 12:43
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That tells you that there is a large number of traders (BBs & retailers) looking to make a quick buck in anticipation of ' very soon' take over exercise. They were disappointed that any deal will only take place at least 1-2 months down the road. So they sell to reduce opportunity cost. Seems like the market has ' reset' back to a price 1-2 months ago (2.64). It may slowly climb back to 2.75 again when the results from the shortlisted bidders are announced in 1-2 months. Funny how the  market might time itself so perfectly !!
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amandayoung
Elite |
28-Feb-2017 12:40
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SOP
BOOK 3 MANUAL VOL. X PAGE Y SCHOLARS MANUAL SOP - must do a then b then c
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mintymint
Member |
28-Feb-2017 12:33
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I dont get it how GLP' s announcement yesterday or the Edge news could lead to a sell-down today. Arent all the clauses in GLP' s announcement are standard clauses to protect their interest and to advise people to dyodd? I see their announcement as some sort of news outlet for their shareholder since most shareholders were expecting to hear updates from the strategic review by end of Feb/early March. The announcement also mentions  GLP will make an appropriate announcement in the event of any material developments  > >   this probably suggest that the matter requires time before any further updates. 
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