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OKAYCAN Master	15-Jun-2020 09:25        OKAYCAN About Contact  Quote this Post!
x 0   x 0  Alert Admin	This BB really like to flush weak holder LOL
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ferarri79 Senior	15-Jun-2020 09:23        ferarri79 About Contact  Quote this Post!
x 0   x 0  Alert Admin	doubt bb accumulating now.  believe it drop more
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WL123456 Supreme	15-Jun-2020 09:16        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	One of the good thing about this stock is if it?s in a uptrend momentum, whoever short it will likely lose money. There is no script to borrow and with limited sellers, shorters have to end up buying up at an even higher price.
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OKAYCAN Master	15-Jun-2020 09:15        OKAYCAN About Contact  Quote this Post!
x 0   x 0  Alert Admin	BB want to push up higher but sadly got alot seller. But now seems like they will accumulate at 805/810
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Shareskiat89 Elite	15-Jun-2020 09:15        Shareskiat89 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I thought dow recovered back a bit? spec008      ( Date: 15-Jun-2020 09:12) Posted: If not for the stupid dow...we be much higher...
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spec008 Veteran	15-Jun-2020 09:12        spec008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If not for the stupid dow...we be much higher...
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spec008 Veteran	15-Jun-2020 09:10        spec008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very steady this counter💪 💪 💪
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chipchip66 Elite	15-Jun-2020 09:10        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	its moving..
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spec008 Veteran	15-Jun-2020 09:08        spec008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Steady 💪 💪 💪
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OKAYCAN Master	15-Jun-2020 09:06        OKAYCAN About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmmmm haha i think futures red then got people scare and sell at opening. But i' m surprised got hidden buyer at 0.8 Shareskiat89      ( Date: 15-Jun-2020 09:04) Posted: a bit small sad, didnt gap up eventually. OKAYCAN      ( Date: 15-Jun-2020 08:42) Posted: Currently at this timing, top glove matching gap up, UG also gap up a little. Lets see if today will be strong
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Shareskiat89 Elite	15-Jun-2020 09:04        Shareskiat89 About Contact  Quote this Post!
x 0   x 0  Alert Admin	a bit small sad, didnt gap up eventually. OKAYCAN      ( Date: 15-Jun-2020 08:42) Posted: Currently at this timing, top glove matching gap up, UG also gap up a little. Lets see if today will be strong
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Longtermer Elite	15-Jun-2020 08:47        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	Yes, Tommie Goh is one of Sg top investors. UG is chicken feed to him but his picking of this counter speak vol about the potentials and value of UG. My guess is free floats trading in the mkt is about 80 to 85% incl those Securties companies holders. So if the buyers momentum is strong, it can be cornered with Shorts lossing BIG. Trade w care. Hope this few days can go basecamp at 90c before pushing for summit )   WL123456      ( Date: 15-Jun-2020 07:38) Posted: Current shareholding structure: 20 of its largest shareholder holds close to 90% of UG stocks. Over the last 3 years, the shareholdings didn?t change much, meaning only about 10% of UG?s public float is tradable which is about 19mil so any volume above 19mil is churning. If there is a strong buying momentum, which currently there is due to Covid19 helping UG to increase its sales tremendously and helped by Super results from it?s peers such as Top gloves, then the price of UG is unlikely to go down much. Management has already issued a note to shareholders that it is currently operating at maximum capacity and at higher margin( the increase in margin should likely be around 30%, similar to TG). UG also count some of the richest investor in Singapore. There is a few familiar names on the Top 20 shareholders, Tommie Goh being one of them. He owns a fleet of Ferraris which alone should be worth more than 20m, not including his McLarens. If you happen to drive past a house with a giant American silvered eagle, you know you can see his beautiful collection. He is probably worth a billion. He probably can launch a takeover of UG easily if he wants to. Potential Given this backdrop for UG, it should be one of those performing companies to benefit from Covid19 due to Super earnings. It?s should not trade relative to indices and should be view as a defensive stock in the current volatile market. WL123456      ( Date: 13-Jun-2020 10:14) Posted: If the buying momentum is there, this stock can only go up. Last night I did a lot of insight into this stock and make a lot of realisation. I can confidently say that if the buying of UG is strong with the buyers in big volume, then the price can only go up. Even if it retrace, it won?t move down much unless the main 70-75% shareholders participate in the market. This stock cannot based the buying on charts.
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OKAYCAN Master	15-Jun-2020 08:42        OKAYCAN About Contact  Quote this Post!
x 0   x 0  Alert Admin	Currently at this timing, top glove matching gap up, UG also gap up a little. Lets see if today will be strong
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WL123456 Supreme	15-Jun-2020 07:41        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Whoever is stronger wins. anyway take a look at the charts. It?s bullish with support at 0.72. The resistance of $0.80 has now been breached and will probably form the new support from here. Shareskiat89      ( Date: 13-Jun-2020 11:47) Posted: yea, i hesistate to enter because it looks overbought and the Qs are actually are thin, very easy to move up/down. but like you say buying is strong, when buying is more than selling, very hard to see it move south. i just don' t know this buying is mostly retailer or BB. but seems to me BB distributing some, only to end up having strong retailer buying sentiments. everyone is aiming for $1. WL123456      ( Date: 13-Jun-2020 10:14) Posted: If the buying momentum is there, this stock can only go up. Last night I did a lot of insight into this stock and make a lot of realisation. I can confidently say that if the buying of UG is strong with the buyers in big volume, then the price can only go up. Even if it retrace, it won?t move down much unless the main 70-75% shareholders participate in the market. This stock cannot based the buying on charts.
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WL123456 Supreme	15-Jun-2020 07:38        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Current shareholding structure: 20 of its largest shareholder holds close to 90% of UG stocks. Over the last 3 years, the shareholdings didn?t change much, meaning only about 10% of UG?s public float is tradable which is about 19mil so any volume above 19mil is churning. If there is a strong buying momentum, which currently there is due to Covid19 helping UG to increase its sales tremendously and helped by Super results from it?s peers such as Top gloves, then the price of UG is unlikely to go down much. Management has already issued a note to shareholders that it is currently operating at maximum capacity and at higher margin( the increase in margin should likely be around 30%, similar to TG). UG also count some of the richest investor in Singapore. There is a few familiar names on the Top 20 shareholders, Tommie Goh being one of them. He owns a fleet of Ferraris which alone should be worth more than 20m, not including his McLarens. If you happen to drive past a house with a giant American silvered eagle, you know you can see his beautiful collection. He is probably worth a billion. He probably can launch a takeover of UG easily if he wants to. Potential Given this backdrop for UG, it should be one of those performing companies to benefit from Covid19 due to Super earnings. It?s should not trade relative to indices and should be view as a defensive stock in the current volatile market. WL123456      ( Date: 13-Jun-2020 10:14) Posted: If the buying momentum is there, this stock can only go up. Last night I did a lot of insight into this stock and make a lot of realisation. I can confidently say that if the buying of UG is strong with the buyers in big volume, then the price can only go up. Even if it retrace, it won?t move down much unless the main 70-75% shareholders participate in the market. This stock cannot based the buying on charts.
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Straight-Forward Member	14-Jun-2020 17:07        Straight-Forward About Contact  Quote this Post!
x 0   x 0  Alert Admin	Totally agree. We should remember to contribute to the less fortunate in our community. Good karma all round!!
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tofudidi Supreme	14-Jun-2020 17:06        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Any idea what time dow futures open in Sg time?
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ckyee82 Member	14-Jun-2020 16:57        ckyee82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	u r right...just pay it forward everyday... let ' s all win and win to have better tml and income for our kids in future.
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Superfast Supreme	14-Jun-2020 16:26        Superfast About Contact  Quote this Post!
x 0   x 0  Alert Admin	Absolutely... Couldn't agree more... Longtermer      ( Date: 14-Jun-2020 15:11) Posted: Yes, trade within our means and best can hold till results come. No play contra, no emotional stress and fear. Also agreed that we are all so blessed to be able to invest and win here. Have a generous spirit and give freely. Blessed to be a blessings. We Huat to help.. the less fortunate.  Cheers   uncle2020      ( Date: 12-Jun-2020 20:48) Posted: LIK
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Djsoul80 Master	14-Jun-2020 15:54        Djsoul80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Give you loads of like! We are indeed very blessed here.. Count our blessings. Longtermer      ( Date: 14-Jun-2020 15:11) Posted: Yes, trade within our means and best can hold till results come. No play contra, no emotional stress and fear. Also agreed that we are all so blessed to be able to invest and win here. Have a generous spirit and give freely. Blessed to be a blessings. We Huat to help.. the less fortunate.  Cheers   uncle2020      ( Date: 12-Jun-2020 20:48) Posted: LIK
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