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Trading For A Living
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dyingcat
Veteran |
19-Dec-2016 11:52
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Fri selldown not declared yet. Believe partly from Ang Bros.
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ahmah00
Senior |
19-Dec-2016 11:50
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JOSEPH ANG CHOON CHENG reduced stake from  28,699,386shares to  25,549,386shares. sold  3,150,000 shares for  S$677,270.29 (avg sold price $0.215) LIM TECK CHUAN increase stake from  23,932,561shares to  28,432,561shares. bought  4,500,000shares for  S$1,052,550 (avg buy price $0.2339) ONG MUN WAH increase stake from  26,023,000 shares to  27,523,000shares. bought  1,500,000shares at  S$319,755.00 (avg buy price $0.213) so who is exactly the goondu who sold down till $0.096 on Friday? Ans: panick retailers. |
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ahhuat08
Elite |
19-Dec-2016 11:19
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Thanks for the info.
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dyingcat
Veteran |
19-Dec-2016 11:12
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Noble chairman did that during nil-paid rights trading period. Ang used to manipulate its share price. Not surprised if he did it again. Bag in easy $ first. Defend his job later.
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ahhuat08
Elite |
19-Dec-2016 10:51
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Never seen a ssh after disposing part of their holdings and buy back the next day. So unlikely todays buying is by ang bros. my 2 cts.
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ahhuat08
Elite |
19-Dec-2016 10:47
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  After the Ang bros sold out, think, lim , ong n tseng will prevail. The question is now why the angs wanna give up at this critical juncture, tot the 1st egm they hv the upper hands? |
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ysh2006
Supreme |
19-Dec-2016 10:45
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Wow, Ang brother buying back their shares at cheaper price to fight ?....Mr Lim & gang lost close to half millions dollars   just two days transaction....
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dyingcat
Veteran |
19-Dec-2016 10:41
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So far no big selldown is detected. Either Ang Bros have finished their dumping last week (not declared yet for Fri dumping), or they start buying low today. Good sign to go up. But only buy within your limit.
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papayaface
Supreme |
19-Dec-2016 10:35
Yells: "This is the best time to enter....when everythings uncertain" |
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This company would be better off taken private since there will be a substantial savings in directors fees as well as listng fees. Maybe the individual shareholders should get together to form an independent force and vote out all the 3 directors earning $1.5 million each. Then they will ensure survival of the business. Good luck  
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papayaface
Supreme |
19-Dec-2016 10:30
Yells: "This is the best time to enter....when everythings uncertain" |
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Worse of all, when they sold off the switch gear business for a huge profit, they paid out the proceeds via 7.5 cts dividend to shareholders, leaving little $$$ to go into other businesses (hence the placement of 27 million shares to Ng to raise funds). Can' t comprehend why they had to enrich themselves. They deserve to be slaughtered. Good luck . 
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papayaface
Supreme |
19-Dec-2016 10:24
Yells: "This is the best time to enter....when everythings uncertain" |
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Dont think the directors are so charitable. It' s survival of themselves and the business. Imagine 3 directors earning over $1.5 million each in a small listed aircon company, how to survive? Its minority shareolders who will lose out in the end. Good luck.    
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papayaface
Supreme |
19-Dec-2016 10:20
Yells: "This is the best time to enter....when everythings uncertain" |
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Am talking about situations where a SSH buys and exceeds 30% as an example. Good luck 
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teeth53
Supreme |
19-Dec-2016 10:15
Yells: "don't learn through life, learn to grow with life " |
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Don think they 1 2 hit 30%
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tankoksee
Supreme |
19-Dec-2016 10:13
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this whole show might be jz a set up....for insiders to get out??   |
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papayaface
Supreme |
19-Dec-2016 10:12
Yells: "This is the best time to enter....when everythings uncertain" |
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Also if you buy a share cum dividend or rights and sell it ex-price, are you entitled to the dividend or rights? No right? So Ang and Lim are still able to buy up till Wednesday and be entitled to vote.Good luck. 
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amandayoung
Elite |
19-Dec-2016 10:09
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papayaface
Supreme |
19-Dec-2016 10:08
Yells: "This is the best time to enter....when everythings uncertain" |
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If u buy a share and exceeds 30%, is the takeover triggered on the purchase date or date of crediting the share? So if you contra off the share before due date, do you need to make the takeover offer? Just thinking. ... Good luck 
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mistiq88
Veteran |
19-Dec-2016 10:03
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today buy can credit to their account before EGM??
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papayaface
Supreme |
19-Dec-2016 09:57
Yells: "This is the best time to enter....when everythings uncertain" |
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I' m quite sure that the aggressiveness is either from Ang or Lim or maybe Tsng or all parties because the stake if very high.   Good luck
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papayaface
Supreme |
19-Dec-2016 09:53
Yells: "This is the best time to enter....when everythings uncertain" |
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If you monitor, buyers are very aggressive. I reckon price will hit at least 15 today. Good luck.
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