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do not bet against the sg bank shares
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MANFREDTMK
Master |
13-Apr-2022 13:17
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Chag TAI TAI, forget about Bali. Sell your SM before NEWCO is born. You can always enjoy in Singapore. Go to KTV and and spread your chicken wings and thighs wide open. You will get High, don't need Bali. Wear a Tuxedo with $1,000 bills stitching all over it and you will see a long queue outside your house.
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Chagataii
Veteran |
13-Apr-2022 13:14
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30c will be better yet waiting that long could be worse I am Not That Savvy to plan so far | ||||
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eugesun
Elite |
13-Apr-2022 13:13
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Lol, don't foget the toasted bears...all the way cover to 20 cents..
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limhokok
Master |
13-Apr-2022 13:10
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For some strange reasons, this thread is unusually caustic. Some of the comments are flagrantly vile and exhibits childish connotations repeatedly, yet those members are not banned from the forum, and are allowed to continue postings. Incidentally, I am not a naysayer or negativist commonly labelled in this forum. My learned friend named Mr Ari Shankar had made his very first one and only single harmless posting on 9 April 2022 at 14:25 in the Sembmarine Demerged forum and he was immediately banned from that forum just barely hours after his posting at 14:25 was made. Here is his posting as follows: A savvy investor would never ever need to average down the price of the stock they had bought. Having purchased 50 lots for $10,000.00 (20 cents ea), and then purchased another 950 lots for $77,900.00 (8.2 cents ea), in order to average the price down to 8.79 cents ea is mind boggling indeed. What is the probability of any investor with a $10K stake on a stock having the ability to load up another $77.9K for the same stock? Is this savvy or is it reckless? There is a subtle difference between an investor and a punter. Your friend is now enjoying a nice gain based on the 10.4 cents closing yesterday. I am sure there are many in this forum making similar profits like your friend. Only losers need to justify unendingly. After Ari Shankar was banned, another forum member posted at 22:17 on 9 April 2022 mocking Ari for having appeared suddenly and then leave after making savvy comments. For the record, Ari did not leave. He was abruptly banned from this thread. I understand further from Ari, there were other forum members being blatantly attacked and ridiculed, only after they had been banned from this thread. Ari and I manages others wealth and none of our clients openly boast about the 7 and 8 digits profits they made. In a faceless environment, it is very easy to distinguish who are the have and have not, from the way they write. One forum member had humbly said his net worth had recently crossed into 8 figures in his posting on 1 April 2022 at 21:38 in this forum (Sembmarine Green), and barely an hour half later at 23:03, he was scoffed at by the author of this forum:  Hahaha you meant you JUST crossed 8 figures that is a bit slow. Again, it takes no intelligence to establish who is not there yet and is merely a narcissist. As a fund manager, I cannot help but to comment that none of the information posted on SM in both the Sembmarine Green and this forum are privileged information that are not publicly available or were information that were ahead of time when they were posted in both forums. Some members had brazenly challenged other members to provide substantiations for their comments. As no member is managing the funds of the other, neither party needs to provide any substantiation for their comments. Substantiation is a paid service in the business world. So whatever forecast by any member should be viewed as their exclusive right to comment and is not mandatory for anyone to accept or reject. Neither is making a positive or a negative comment a contingent for acceptance as a member in the forum. Winning and losing on a stock is a natural thing. In order to have winners, there must be losers, and vice-versa. There is no need for ridicules and banning of members. I wonder if I will also be banned for publishing this unbiased non-contemptuous writing, and if I do get banned just like Ari, I hope other members will not think that I had ran away, like they thought the other banned members purportedly had, when as a matter of fact, none of them had ran away. They were utterly deprived of any decent opportunity to respond to all the vociferous attacks that came about only after they had been banned. I like to take this opportunity to wish everyone well and prosperous in all their investments.
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ahhuat08
Elite |
13-Apr-2022 13:05
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chartwise, last yr 24/6 to 25/6 there was a big gap from 12.3 to 11.2,  prices now attempting to cover this big gap, once gap is flled, the sky' s the limit, i was once skeptical about this counter, i only went in recently when i saw the trend change.   |
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Chagataii
Veteran |
13-Apr-2022 13:05
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Yup about 13c I can break even. I will Not break even after all these years of holding. 20c will be reasonable for all the opportunity costs withered away. I will wait I will keep in Cold Storage for 2 More years MUST be above 20c which it will be then off to Bali | ||||
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MANFREDTMK
Master |
13-Apr-2022 12:59
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I know you are obsessed with my ManFried banana after it swell inside your mouth. Joke aside, I remembered you mentioned averaging down at 9.1 cents, so your effective costs should be much more lower than 12.7. Unless you average down on Whiskey Gold or Gordon Bleu, then you better off finding a Bomoh
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Chagataii
Veteran |
13-Apr-2022 12:46
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Look at it this way.. there is over fried banana there is under Manfried banana and there is Golden brown just nice fry banana.. | ||||
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MANFREDTMK
Master |
13-Apr-2022 12:46
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Bro, don't tell me you never subscribe to the Rights issue. If you did, your average cost should be around 12.7 cents only not 20
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Chagataii
Veteran |
13-Apr-2022 12:42
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Do not be Negative. Must be Positive. | ||||
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MANFREDTMK
Master |
13-Apr-2022 12:41
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I think you ask a Bomoh to help you
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Chagataii
Veteran |
13-Apr-2022 12:34
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Must be 20c then Get Out | ||||
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MANFREDTMK
Master |
13-Apr-2022 12:26
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We shall get out once the merger announcement is made at all costs before NEWCO is born. Newly born always CRY
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MANFREDTMK
Master |
13-Apr-2022 12:24
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I can only tell you there are many ex-fund managers, research analysts, financial accountants, investment bankers in this forum, including perverts. They are the unsung heroes. God assembles them together here. 🙏 🙏 🙏
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pkli899
Supreme |
13-Apr-2022 12:04
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baybefaze
Senior |
13-Apr-2022 12:02
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Very strange Suddenly all the naysayers withered |
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ICXGOLD
Master |
13-Apr-2022 12:00
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Only giving out my view in doses, so people can digest it. | ||||
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pkli899
Supreme |
13-Apr-2022 11:54
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I like your optimism......or rather your view. I was still a little doubtful when u first mentioned we will see 12 by this week. I' m believing u now.
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eugesun
Elite |
13-Apr-2022 11:53
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Oh yes...shorts covering...burning..
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ICXGOLD
Master |
13-Apr-2022 11:48
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As mentioned yesterday 5% up today. We just need to now hold 11.5 cents today and form a base here, the volume need to go up to atleast 400M today to create a decent support and we could be at 12 before close tomorrow. Once again DO NOT SELL, we have atleast 300M of short covering remaining and the Q1 Business update pending. Forget Merger these two alone can take us between 16 ans 20 cents
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