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THE BEST IS YET TO BE
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1035834
Senior |
12-Apr-2019 11:33
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ppls or institution sell on rumours , see the trend of this counter, when there is big drop followed by another rising sooner , as the franchising is increasing from last Q4 and the company just began to enter the china market for first year.   
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positivity88
Veteran |
12-Apr-2019 11:29
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I view as funds profit taking and getting out since there is uncertainty... check sgx lending pool .. if this continues to increase I think it?s a no brained that it?s being distributed to the retail
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JarBinx
Member |
12-Apr-2019 11:28
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Institutional investors pricing in fraud / accounting scandal.. don' t think even a slowdown in China demand will warrant this level of selling. But for a consumer goods company with a strict no-refund policy.. how likely is the accounting manipulation? Even company and directors are buying back shares also.
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1035834
Senior |
12-Apr-2019 11:23
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how worst it can be ?   zero debt with hundred million of cash and keep paying dividend from certain portion of profit. the drop  is fierce selling by ang moh , just bought some all is angmoh selling . it is chance to accumulate the share when ppls just selling at no reason. few articles or report can kill a company without justifying.  i |
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Superkilat
Elite |
12-Apr-2019 11:18
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Nobody will dare to touch with latest allegation. | ||||
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beng1102
Elite |
12-Apr-2019 11:16
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Founder should consider delisting and transfer to Hong Kong since free public float is only 303million shares and with 200million cash only need to come out 400 million cash to delist the counter.  SGX is not conducive for listed companies.
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Superkilat
Elite |
12-Apr-2019 11:16
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Remind me of SinoGrandness. From 70 cents to now 5.8 cents. | ||||
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SgYuan
Supreme |
12-Apr-2019 11:14
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The stage is set
- dn trend ew w0 215 w1 198 w2 211 w3? w1 17 w2 13 w3 28 tgt 183 dn 161.8% - px hit 179 delta 32 dn 188% - once uturn w4 start w4 12 tgt 191 w5 17 tgt 175 - or 25 tgt 166 dn 50% of w1+w3=49 range 175 to 166
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like2learn
Veteran |
12-Apr-2019 11:08
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BW goes up and down very fast since Oct/Nov last year, dun think the trading follow any fundamentals anymore. i am guessing directors/share buyback support(if there are) shd have been exhausted for today. (tend to be around 50-100k shares a day) At this rate of dropping, wonder if 1.8 will hold today ... *vested(long)*   |
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Superkilat
Elite |
12-Apr-2019 10:57
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Cannot be so many egative reports one by one. Must have some issues with it. | ||||
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JarBinx
Member |
12-Apr-2019 10:41
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Which report? CLSA?
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Superkilat
Elite |
12-Apr-2019 10:38
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Report seems serious allegation. | ||||
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beng1102
Elite |
12-Apr-2019 10:30
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Shorty fear of Friday sure buy back very quickly.
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JarBinx
Member |
12-Apr-2019 10:06
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$1.88 is the share price before BW released 3Q18 results.. | ||||
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joker123
Senior |
12-Apr-2019 10:03
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Still too many meat. NAV arounf $0.30. Still long way to GO ... Shortist sure wack . PLEASE STAY by the sideline. NOBLE in making, who knows if icebery will issue another report.
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Operator81
Senior |
12-Apr-2019 09:58
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Goldfinger your buy price is here. You may need to change nick from gold to burnt. | ||||
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beng1102
Elite |
12-Apr-2019 09:57
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Now 1.88.  Buy some.  No fear!
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SgYuan
Supreme |
12-Apr-2019 09:44
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This is base on overall view
All support level broke and only month chart left - month mid @170 mistake on previous post Px still trending dn
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michaeltan
Master |
12-Apr-2019 09:34
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Hi SgYuan, This means chances very hight TP $1.74?
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n3wbie
Elite |
12-Apr-2019 08:46
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yes and no, perhaps the short sellers believe that there is more downside to come and hence the aggressive short-selling volume. also not entirely sure how much of those reported shorts are intra-day vs ' real shorts'
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