| Latest Forum Topics / SPH |
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SPH - A new diversified conglomerate
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rocketman
Master |
02-Mar-2021 16:43
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Up 12 Cents on Friday session. Drop 14 Cents afterwards today. Patience is the key in my humble opinion to wait for a better entry price again.. | ||||
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softdrink
Member |
02-Mar-2021 16:38
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I think it is pretty safe around that price.
Personally, I think the pull back max would be around 1.24-1.25 region. However, that being said, you will never know. There might be news on good reap of investment from SPH news which might suddenly pop up! (Maybe iFast got the licence or Facebook and google will engage SPH to some settlement like Australia?) |
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des_khor
Supreme |
02-Mar-2021 14:46
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
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Is it save at 123 ?
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rocketman
Master |
02-Mar-2021 14:17
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Intelligent Brain guess .. Wait Patiently for it to consolidate back at 1.23.. then re-enter.. Waiting is Free as usual in my humble opinion. | ||||
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Ipoh123
Senior |
02-Mar-2021 13:20
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Smart boys dont pump and dump at this low price, haha.   |
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fuzzyshares
Veteran |
02-Mar-2021 10:03
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We now know selling on announcement holds true again. It was a typical case of buying on opimism and selling on disappointment.
But one can take comfort in the fact that it descended to the baseline price of 1.28. Interestingly, the price was already elevated from 1.24 to 1.28 just a couple of days earlier thus already factoring in the news. Even though the news was good, it was just not good enough. This will be a crucial week as it will test the resilience of the counter to selling pressures. Again it will be a case of optimism versus pessimism.
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rocketman
Master |
02-Mar-2021 10:03
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Some love the slow movement of vintage cars.. 
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ckmpd1
Supreme |
02-Mar-2021 09:51
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Agree with you.  That is why i remain vested at $1.30
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cltlighter
Senior |
02-Mar-2021 09:37
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The current trend is going up as Covid19 peak is over.  Previously SPH share price dropped mainly due to Covid19.  Coupang is the latest good news.  Think more good news will be coming in this year.  For me, $1.29 is the attractive price to enter.    Better than keeping my money in bank deposit for pathetic interest.  This is my own view!
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ckmpd1
Supreme |
02-Mar-2021 08:47
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regular fluctuations can be expected.  Not to worry.  The point is whether it will contiune to rise above $1.30
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rocketman
Master |
02-Mar-2021 08:46
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My intelligent prediction will be WAITING IS FREE AS USUAL.. Smile.. Wait for better entry price in my humble opinion. | ||||
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rocketman
Master |
02-Mar-2021 08:45
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Given the share base, only add about 4 cents.. the 12 Cents pop on Friday is too much.. hence it fall back all the gains the next day.. Smile in my humble opinion
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ysh2006
Supreme |
02-Mar-2021 08:41
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Was told $4700M.....need to wait Korean ecommerce IPO in USA but anybody know when IPO ?![]()
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cltlighter
Senior |
02-Mar-2021 08:33
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0.1% of USD50 billions.  Is it a small amount?
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rocketman
Master |
02-Mar-2021 06:59
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Irrelevant since it holds just 0.1% in my humble opinion..
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walter8867
Member |
02-Mar-2021 06:25
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https://www.theedgesingapore.com/capital/brokers-calls/cgs-cimb-potentially-sphs-tp-160-should-coupang%E2%80%99s-ipo-proceed | ||||
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rocketman
Master |
01-Mar-2021 23:57
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I think they invested in quite a number of companies via its subsidiary, SPH Ventures.. You never knows.. finger crossed.. Smile
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desmlee
Member |
01-Mar-2021 23:49
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What is interesting is if SPH has any other of such potential unicorns and gems within its portfolio that may be ripe for capital recycling to unlock further intrinsic value in the company?
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rocketman
Master |
01-Mar-2021 23:44
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Nope. If it looks very attractive, there wont be a Dump today back to square one. The 0.1% in coupang i guess add about 4 Cents to the share base. Hence it will consolidate again at 1.25-1.32 for quite sometimes again.. Smile Widely ...
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cltlighter
Senior |
01-Mar-2021 23:37
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Don' t think it is hot cakes now.  The current price looks very attractive.  You must be shorting a lot on this stock. 
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