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UMS
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UMS
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pkli899
Supreme |
06-Mar-2020 15:21
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Yes, yes, I do recall. Myself is more an investor for passive income than a trader. Hence, my reaction is somewhat different... ![]() Just hope everyone huat despite this.
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WL123456
Supreme |
06-Mar-2020 15:17
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You did the right thing by conserving cash. Two weeks ago, the red flags are there. I am just lucky I had data on hand ahead of others and I was shock by those consumption numbers. And it?s going to get worst from airlines to cars to entertainment and dining. The domino effect is horrible. What makes it worst is the supply chain disruptions so it?s a double whammy if weak sales figures to the virus and supply chain disruptions. Hang in tight.
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pkli899
Supreme |
06-Mar-2020 15:15
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I think Executive Chairman of AEM is not even a SSH (own about 2% only). He must have sold for some reason unrelated to current situation IMO. Just look at the contracts won as at Feb 20, already much more than the whole of 2019. The potential is tremendous, I don' t think he is bothered by near term volatility.
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zandlery
Supreme |
06-Mar-2020 15:13
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I did mention I experience 2 years effort wipe out in 2 months before since I hold for years. So kinda take a cautious step for me.
Anyway the dividend X.D date in May. If price hit attractive before that will be a awesome buyback with more holding to enjoy the dividend.
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zandlery
Supreme |
06-Mar-2020 15:07
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"effectively" is a understatement. I seen the video.. China government basically send in a Medical SWAT team in if the suspect didn't comply......lock them in a Van and send quarantine.
Rest of the world will have concern regarding human rights. Once in peaceful time their hypocrisy almost flood into Singapore but lucky our ministers shut them off.
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s100125
Elite |
06-Mar-2020 15:06
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This one even own chairman also selling as market sentiment is very bad.
The whole world can't escape a recession as the covid virus spreading rapidly
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pkli899
Supreme |
06-Mar-2020 15:02
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Yes, agreed. But I different strategy. Based on my buy price, the yield is about 6%. Just wait out the situation while collecting quarterly dividend. Take it like a 6% interest time deposit. If dropped to my buy price, I' ll buy more.  
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WL123456
Supreme |
06-Mar-2020 14:56
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$0.85 first. Tonight will be NFPayroll and I don?t think the announcement will help even if the number is positive. Everyone is staying in and not spending. Consumer discretionary spending is down by a whopping margin that I am just waiting to see how bad it is from official figures. The mood and sentiments is indeed sombre. The market has not fully priced in the impact of the virus had on business and its only the start for Korea, Japan, Europe and USA. Imagine when it is full blown. This countries might not be as effective as China in controlling the virus. At least China can effectively carry out the quarantine.
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zandlery
Supreme |
06-Mar-2020 14:48
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I sold all at 92.5c
The market sign do tally with what WL said IMO... Thus the selling. I will sideline to buy back when price is right.
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pkli899
Supreme |
06-Mar-2020 14:43
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80 cents was the price I came in, if back to 80 cents I' ll dig my coffin $ to buy more. Yesterday bought some at 90 c already. |
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WL123456
Supreme |
06-Mar-2020 14:39
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Actually all the electronic related companies will be affected by this downturn. Hi P, AEM, frencken, valuetronics, UMS venture. In the coming weeks, I expect their price to drop another 20-30%.
Target price : Hi p $0.85-$0.90 AEM $1.70-$1.80 UMS $0.75-.$0.80 Frencken $0.70-$0.75 Valuetronics $0.55-$0.60 The situation has worsen and the period will be prolonged. The impact on the economy will be unprecedented. On hand I have datas that are devastating. Next qtr results will show steep drop. Please take care. |
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lovetoshare
Elite |
06-Mar-2020 13:32
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AEM also dropped....... but too much room for dropping...
don't dare to buy first.
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zandlery
Supreme |
06-Mar-2020 13:22
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Don't focus on the price, focus on market sentiment to catch the bottom. Now sentiment is just bad. | ||||
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lovetoshare
Elite |
06-Mar-2020 10:29
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next level 83
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WL123456
Supreme |
06-Mar-2020 10:21
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I think this strategy now is the best coz you cannot know the bottom. 30/30/40.
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satruz
Master |
06-Mar-2020 09:55
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Looking to slowly accumulate ....
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WL123456
Supreme |
06-Mar-2020 09:30
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Trading technicals:
Not bad, looks like the selling is well absorbed. You con consider and plan you batch by batch buying. Likely to rebound to 0.90 and like have to see how from there base in buying interest. |
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WL123456
Supreme |
06-Mar-2020 09:14
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If company has good fundamental, average down during a black swan event is a good strategy. Put your money harder to work.
Anyway I think 0.90 is critical for today. If it hits the 0.90 ceiling and can hold, not too bad. Otherwise take care.
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zandlery
Supreme |
05-Mar-2020 17:16
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In that case, well...... If ever hit there I will buy back. Batch by batch....
Still believe this company but most of the time market dominate the share price..... Poor sentiment shit up a lot of good fundamental companies....
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WL123456
Supreme |
05-Mar-2020 16:42
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I just mention for the sake of those who pm me. I can?t be replying everyone so they tell me just post in forum. I can?t benefit all bro so those who still holding please take care.
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