| Latest Forum Topics / Shen Yao Last:0.002 -- |
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Shen Yao (Miracle Medicine?): New Beginning!
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spursfan
Supreme |
10-Mar-2021 13:02
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the comparision to oceanus debacle at current level is really odd.  oceanus was 0.003 in mar 2020 and went up to    > 7cts  last month.  shen yao was 0.001 and now move only  three pips to 0.004 in one years with improve outlook . is that excessive and consider a bubble?  | ||||
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darrenzz31
Member |
10-Mar-2021 12:56
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Nice. I wish I have your confidence level.
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black_white
Master |
10-Mar-2021 12:53
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Just got in another 5 million shares at 0.004 | ||||
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ThankYou
Supreme |
10-Mar-2021 12:31
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By 7 cents I will clear all my shares. I promise.
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Thi654321ABCDEF
Master |
10-Mar-2021 12:29
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yes , no doubt Example , ocean
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Supreme |
10-Mar-2021 12:23
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When it moves, it should move fast, not much difference I think. Imagine I loaded 0.2/0.3 Oceanus instead of Lion Gold then, I would be able to Sell Oceanus at 5 cents and then buy Shen Yao at 0.4 cent. Can afford to buy 250 M shares at 0.4 now.
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colincheong
Senior |
10-Mar-2021 12:18
Yells: "Huat Ah...." |
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Alway believe in take if there is profit  Never believe to wait for it to chiong higher and higher. Though it may happened, but normally it would fall back  What goes up will come down.   |
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Thi654321ABCDEF
Master |
10-Mar-2021 11:38
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You all say long ,long , long , thats why I say , what will happen if you long long , i gave same company example. Now See ocean , If long what will happen. I never say , donot buy , you can buy , quickly sell , my exp in SGX.
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properganda89
Senior |
10-Mar-2021 11:24
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if you load up more then your dream can come true earlier? hahaha
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ThankYou
Supreme |
10-Mar-2021 11:20
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Very well said. I was thinking of loading up when it comes to 3. Now need to consider 4.
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spursfan
Supreme |
10-Mar-2021 11:15
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looks like news is well received.  good buy up at 0.004. | ||||
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Supreme |
10-Mar-2021 11:14
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As we talk, the sell volume keeps reducing. Will my 1pip $20k, 50 pips 1M comes true? I will sell at 6-7 cents if it really fries up! | ||||
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AttasBoss
Elite |
10-Mar-2021 11:12
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10c lol
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ThankYou
Supreme |
10-Mar-2021 11:10
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Oceanus will stabilise around 1.5-1.6 cents. Time for Shen Yao to move.
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Supreme |
10-Mar-2021 11:08
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Now I know why the share price did not jump like Oceanus, they are waiting to buy cheap and get more shares first before the pump. What price will they dump? | ||||
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hem2998
Veteran |
10-Mar-2021 11:08
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solid conviction by owners.  pumping in $7m is no small change. confidence UP! *****EXTRACT***** The Options proposed to be granted to the Group A Subscribers shall be exercisable in accordance with the following schedule: (i) fifty percent (50%) of the Options shall be exercisable immediately on the date of the grant of the Options (ii) an additional twenty-five percent (25%) of the Options shall be exercisable on the first anniversary of the date of the grant of the Options and (iii) the remaining twenty-five percent (25%) of the Options shall be exercisable on the second anniversary of the date of the grant of the Options.  On 30 September 2020, Shareholders approved the expansion of the Company&rsquo s business to include engaging in financial investment activities as principal and undertaking the business of fund management (the &ldquo Business Diversification&rdquo ). As set out in the Shareholders&rsquo circular dated 7 September 2020, the rationale for Business Diversification includes the following: (a) The Business Diversification will reduce the Group&rsquo s dependence on the existing business of gold mining and provide a more diversified business and income base (b) The Business Diversification is expected to provide additional and recurrent revenue streams with a view to achieving long term growth (c) The Business Diversification may provide additional funds for expansion of the Group&rsquo s existing business and (d) The Business Diversification will give the Group the flexibility to enter into transactions relating to the financial investment and fund management businesses in the ordinary course of business.
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black_white
Master |
10-Mar-2021 11:05
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Why you comparing apple to pear? 1.68 was when it was udner a different management, and a different business model. Now is new management with different level of experience and exposure to different products (new business model).  Also, why you taking a time when " policeman wears shorts" with a time when " policeman wears long pants" ? The enivronment is completely different now because times are different. How do you know this fund maangement of theirs is not into cryptocoins, etc? We don' t even know as we are still waiting for more news on it. Sell on news - That' s the take. Look at Oceanus and so many other counters. Ramp up to good news. When good news out, just drop like flies. SY not time yet. When it starts rising, then must see carefully liao. Now is still loading phase lor.
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black_white
Master |
10-Mar-2021 11:01
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IMO, once Oceanus reach 0.017 or around 0.02, should stabilise. Then we will see 2nd phase of movement for the penny stocks. 0.017 for Oceanus was when the Directors inside bought it. Hence strong support should be around 0.017-0.02. Then with stabilisation, gradually funds will come into other penny stocks and less profit taking on SY and other penny stocks where the same players had profited.  SY will then be poised to go further up after the EGM. The EGM for the share option to Directors and CEO will not be just for the sake of approving this share option, but also likely to divulge on the more detailed plans of the use of these funds (will need to wait for the actual publication on the EGM). After share option activated, then we will see a significant rise.   |
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Thi654321ABCDEF
Master |
10-Mar-2021 10:57
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you ask yourself la ,  it comes from 1.68 to 0.004 If long from 1.68 to now , die no die , you imagine.  
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properganda89
Senior |
10-Mar-2021 10:48
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Nice, the use of proceeds if exercised will be 70% expansion plan and 30% working capital. Guess moving in the right direction~ 
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