Latest Forum Topics /
CNMC Goldmine
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Goldminer
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guards80
Supreme |
29-Jul-2020 23:36
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not china. Think malaysia company. Their also have .MY http://www.cnmc.com.my
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michaeltan
Master |
29-Jul-2020 23:23
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Is this china company? If it' s China company then must be very careful....there are plenty of fraud gold in China. Even gold expert also get con by fake gold. Recently reported 2 billion of loans backed by fake gold in China.  
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guards80
Supreme |
29-Jul-2020 22:53
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u see their website also .HK liaoz what do u think? They will sure want to listing in HK http://www.cnmc.com.hk
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Chrishenghuat88
Member |
29-Jul-2020 22:31
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CNMC dual listing was rejected by HKSE in Dec 2018 as it failed to meet the required market cap of HK$500million ($87.7 million). At that time, CNMC shares closed at 19.8 cents, with  a market cap of S$80.7 million or about HK$458 million. However, given today' s closing price of $0.36 and market cap valued at S$146.77million, this far exceeds the required market cap to list on HKSE, at almost double. Should CNMC decide to revisit the dual listing on HKSE, it will certainly be valued as a valuable alternative investment by HK and Mainland investors, particularly China' s institutional and insurance funds who are looking to hedge against this Covid-19 slump. If it achieves dual listing on the HKSE, its valuation and share price will certainly rocket and in turn correlate with SG' s price to breakout, supported by the gold spot price pushing to test and break the psychological barrier of US$2,000. Once this barrier is broken, the resistance above is weak, supported by global recession due to gold' s inverse relationship.  This is definitely a value play, supported by fundamentals of strong gold spot price and future plans of dual listing on HKSE. We also get paid with dividends while we wait. Vested with 200lots, entry price of S$0.35. Target TP of S$0.50 with 40% returns.    |
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muifan
Supreme |
29-Jul-2020 22:26
Yells: "Take the leap of faith dont regret 20 years later!" |
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For those that feel XD will drop already sold today.. and the counter still holding well. I feel the CD is negligible and even XD wont cause much drop. Still depend on macro sentiment on GOLD
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guards80
Supreme |
29-Jul-2020 21:58
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2am gold rally 👌
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tccroy
Elite |
29-Jul-2020 21:49
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Tell to hold on and u will see surprise after tomorrow
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tccroy
Elite |
29-Jul-2020 21:48
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When retailers sell to close position after T+3 BB will start collecting. He is waiting for the bait at low end buying price.
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FreedomAngelz
Veteran |
29-Jul-2020 20:07
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It happens before to CNMC one time after giving dividend, the stock price continue to rise. It really boils down to world / economic events and gold price.
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guards80
Supreme |
29-Jul-2020 18:40
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Gold Wins Over New Buyers From Pension Funds to Private Wealth http://investing.com/news/commodities-news/gold-wins-over-new-buyers-from-pension-funds-to-private-wealth-2244725 |
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ssw518
Supreme |
29-Jul-2020 17:49
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I think the key is still gold price, weather cd or xd, not much diff.
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guards80
Supreme |
29-Jul-2020 17:06
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Yeah. Huat ah ☕
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muifan
Supreme |
29-Jul-2020 17:04
Yells: "Take the leap of faith dont regret 20 years later!" |
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tonight collect kopi $ enjoy :)
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guards80
Supreme |
29-Jul-2020 17:01
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Previous history in cnmc no. Why u scare drop? Since u are holding. And yet gold price $1950
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cookiemonster
Member |
29-Jul-2020 16:46
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kinda bound range between 0.355 and 0.365 today do you guys think this will dip tomorrow after exdiv date? or continue rise tomorrow because gold price still increasing? |
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guards80
Supreme |
29-Jul-2020 16:23
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oh ya
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lighter87
Master |
29-Jul-2020 16:21
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I mean tonight 0000.
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guards80
Supreme |
29-Jul-2020 16:20
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ex date 30 july
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guards80
Supreme |
29-Jul-2020 16:19
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shiok ah i have $600. soon going above 40cents dbl earning :P
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lighter87
Master |
29-Jul-2020 16:10
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Most prolly nothing much today due to xd tonight. Market makers have to balance out all their outstanding positions. | ||||||||||
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