| Latest Forum Topics / Thomson Medical Last:0.055 -- |
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Rowsley is brewing!
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lailai
Elite |
17-May-2019 07:40
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Looks like BBs also not pushing, so how to go up. With NAV at 2.18c, cih at 0.47c, and a trailing pe of 231, it' s hard to get retailers to buy up current price of 6.7c, if there is no pumping. The share issue has already been so inflated to 26.44Bil, any pump likely to be met by disappointed stuckists who bought on high in the past, just opinion.
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ysh2006
Supreme |
17-May-2019 06:15
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This news seem PLim don't care the market let it be ? The lady forumer whose post were deleted by admin maybe were true ...this price still expensive.
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hotelgrand
Master |
16-May-2019 16:14
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Gone case stock..PL also don't care liao | ||||||
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destinykraze
Elite |
16-May-2019 10:26
Yells: "Reality is only a matter of perception" |
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Don' t make sense to short a highly manipulated counter, that is asking for it. But it doesnt mean the share price will appreciate in the short term- mid term.
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Showmethemoney
Member |
16-May-2019 10:05
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Abo, you can also short it. Or ignore it. Each person takes his own stand. As long as don' t fabricate numbers, it will be greatly appreciated.
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destinykraze
Elite |
16-May-2019 09:50
Yells: "Reality is only a matter of perception" |
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Projection, hope and faith. Heard once too many times. Might as well wait for miracle. In any case, not at time soon, there can be more things to go wrong in the meanwhile.
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Showmethemoney
Member |
16-May-2019 09:31
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Got lah. Seems to have cleared the trees. Can also see large machinery on site in Google Satellite Map. Piling works ongoing as reported in the news on Feb 2019. 2023 due to be completed. By then the target price should near the piggyback warrant price or overshoot that - that' s the projection and hope.
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destinykraze
Elite |
16-May-2019 08:55
Yells: "Reality is only a matter of perception" |
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Yes, That I agree. But you may have to hold for a long time. God knows how long.
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destinykraze
Elite |
16-May-2019 08:51
Yells: "Reality is only a matter of perception" |
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The main question is, at the current price thomson medical 
Look at their Finance statement and their business operation. Do you think it' s worth $1.8 billion? It might be worth $1.8b if thomson medical hub is already up and running, but as it stands now, not a single brick has been laid since 2013. The price only looks cheap, but it is largely overvalued because there are  26.072 billion SHARES.
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Showmethemoney
Member |
16-May-2019 08:49
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So far the points are that: 1. Float is very low and possibility of compulsory buyout at low prices by major shareholders. (Not definitely if they respect the NAV). 2. Land not developed according to plan. 3. PL may not see it through (supposing he has disease or decides otherwise). 4. Financing costs hurting the bottom line. All these are true, and already duly reflected by the dwindling share prices. My belief is there is a right price, and an under-price and over-price for any stock. If any or all of the above 4 points are overcome, this will not be the price seen today.  It is already at or so near rock bottom with NAV of 9c per share. Even if there is share consolidation, the NAV per share will also go up accordingly. What are the actual risks of hanging onto it? Nonetheless, can' t see much upside at the moment of course.  Most importantly, we can disagree based on facts, and not purposely down-stating the actual cash position. This may cause huge losses for people who short and then have to be forced to buy back when the facts are revealed.
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noslen
Veteran |
16-May-2019 08:38
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Read somewhere it's over 88% already for the major shareholder (the other unchanged at 2.1% i think).... but taking it private is boring so keep it as it is.
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runaway
Senior |
16-May-2019 07:36
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From SGX website: Shares outstanding: 26.54 BILLION Float : 9.48% Top two shareholders  own 87.5% and 2.1% respectively  With these statistics, why are you still playing?   |
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Showmethemoney
Member |
15-May-2019 23:28
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It?s fine to have a valid view and beat down any stock.
Totally cool with that angle.
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destinykraze
Elite |
15-May-2019 23:25
Yells: "Reality is only a matter of perception" |
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Yes. But this is a very low grade penny stock. It has only survived this long because of peter lim' s name. Not many cares because new investors are not likely to buy low grade penny stocks like this.  Doesn' t take a genuis to know most of the ppl here promoting the stock is stuck. The management is infamous at this point. Without Thomson medical hub, what this the use of this stock. The money is going to evaporate slowly.   
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Showmethemoney
Member |
15-May-2019 22:15
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Interesting thing is The Edge value was correctly stated as 124 million cash. Somebody transferring over had shrunken it 1000 times smaller.
So really, everyone must DYODD, especially if vested.
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tonytan44
Supreme |
15-May-2019 18:47
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haha i didnt misquote i just use what is written...........As at end-March, cash and cash equivalents stood at $124,000, down from $135.8 million a year ago. anyconfusion look for the edge singapore
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Showmethemoney
Member |
15-May-2019 16:19
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I finally understand why the fake news law is so important. To short something, just go and fry bad news about it. Misquote its cash position by 1,000 times pretending to quote official sources. Claim its major owner has cancer. Then ask them to explain themselves. Really win! The company is not run by him even if he has whatever illness claimed. What does that have to do with the stock performance and product offering? He is not like Steve Jobs is to Apple. In any case, the current quarter performance is lousy. But numbers are numbers and facts are facts. To use these kind of tactics to influence the price to one' s advantage is quite a low thing to do.  |
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ysh2006
Supreme |
15-May-2019 15:56
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Why nofollow up news ?....this is bad for this stock if it is true!!...everybody wait for him to fry !!
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destinykraze
Elite |
15-May-2019 15:29
Yells: "Reality is only a matter of perception" |
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What the share price already factored in is it' s assets and liabilities + earnings. With no progress in thomson medical hub, this penny stock is just a waste of time for ppl with any financial knowledge. Just leave it to the gamblers here. Good luck. I will probably post when 2-3 years has passed, probably see it consolidate 1 :10 or see the price drop to oblivion.
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eric998
Supreme |
15-May-2019 15:17
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hope the shortists at 73 cover and push up the price.. create some waves to play.. dont take the number publish here freely.. always check with the official source.. if not really not doing own due diligence..
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