Latest Forum Topics /
TJ DaRenTang USD
Last:3.15
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Tianjin Zhongxin - pneumonia drug play?
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Kai189
Veteran |
01-Sep-2020 00:14
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looks like short term will be weak. no catalyst to chiong unless reporting of results / dividend..
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jamesng
Master |
01-Sep-2020 00:05
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So, will have weakness in short term???? Because of selling of DBS Nominees???
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Kai189
Veteran |
31-Aug-2020 23:55
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very informative bro. i salute you! well done. yes...the shares once hit 0.99 in July.. but hammered to 0.84....never rise above 0,88 for 1 month already
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sleet66
Member |
31-Aug-2020 21:32
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My apologies.. we need to wait till mid Nov to find out the shareholder transactions for 01Jul-30Sep. Bear with me for this long post but I think I finally found the chief culprit behind this suppression: DB$ Nominees Based on  https://vip.stock.finance.sina.com.cn/corp/go.php/vCI_StockHolder/stockid/600329.phtml  we can see the BB shareholding movements. (I couldn' t find this info anywhere on SGX) As at 31/12/19 they had 29,756,186 shares As at 31/03/20 they had 27,884,340 shares (net change of -1,871,846) As at 30/06/20 they had 24,671,640 shares (net change of -3,212,700) These numbers tell me they have been net dumping. But at what price point? If we look at the chart between 31/12/19 and 31/03/20, we can see that it was hovering around $0.85 until 21/01/20 where there was good volume and the price went up a bit. But immediately the next day it was hammered down and within 3 days it never saw $0.85 again. Next, if we look at the chart between 31/03/20 and 30/06/20, the day that it broke $0.85 was 17/06/20, but guess what? The next few days it was hammered down again. Subsequently over the next few weeks till today, any upward movement above $0.85 would eventually be hammered down. This leads me to think that their brokers probably have an instruction to cut their position at any price above $0.85, but below that don' t do anything (or add if it' s really cheap). This kinda coincides with what I posted a few weeks back where I mentioned there appears to be someone manually keying in sell lots in multiples of 5 (i.e. 25 lots, 30 lots, 50 lots, 100 lots). So what remains are 2 questions: 1) How many shares do they have remaining now? (Factoring in the dumping from 01/07/20 - till date) 2) What is their final target position for this stock? (i.e. to cut to 0 shares? 5mil shares? 10mil shares?) I apologize if what I' m trying to post sounds very stupid and amateurish to the experts here as I' m still trying to learn. Appreciate everyone' s comments.
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johnyap89
Veteran |
31-Aug-2020 14:20
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dont know why this one stuck so long.. almost like silverlake months back die also cannot cross 0.26 i threw mine liao.. rather use the $ play other counter first.. next time come back see.   |
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wah8869
Senior |
31-Aug-2020 14:16
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Can share what is on 30 Sep?
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sleet66
Member |
31-Aug-2020 13:18
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some fund still not done with dumping yet can' t wait till sep 30 to find out who but i will slowly accumulate in this 0.83-0.855 range
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wah8869
Senior |
31-Aug-2020 10:11
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Let's move Uptrend babe after sleep for so long... TA looks uptrending. Don't disappoint us. Huat ah!
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PQTPQK
Supreme |
31-Aug-2020 10:05
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action start ???
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PQTPQK
Supreme |
31-Aug-2020 09:58
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super laggard stock... | ||||
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PQTPQK
Supreme |
31-Aug-2020 09:38
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sh market up alot today !!!!!
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jamesng
Master |
31-Aug-2020 09:30
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But according to a technical software, it suggests short term weakness but long term uptrend still intact..... I try to ignore short term weakness, but tough when see it drift lower...... |
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jamesng
Master |
31-Aug-2020 09:25
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Nothing seems wrong but it keep drifting lower. Perhaps volume too low here......... I also still hold on to it.......
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wah8869
Senior |
31-Aug-2020 07:56
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Still holding leh.. Bro. Anything wrong with this tj?
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jamesng
Master |
31-Aug-2020 07:12
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Have all of you sold? Seem to be getting lower and lower........   |
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jamesng
Master |
22-Aug-2020 10:23
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https://www.investingnote.com/#/all Value of this stock by simply wall st |
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wah8869
Senior |
21-Aug-2020 16:40
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Thanks 👍 🏻 😁
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jamesng
Master |
21-Aug-2020 16:39
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I don' t mean that......Uptrend is still up if I am right...... It had good fundamentals but had to be patience with it...... |
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wah8869
Senior |
21-Aug-2020 15:48
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U mean better cut loss?
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jamesng
Master |
21-Aug-2020 15:46
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Seem 85 cents is a good support here........... Any price below 85 cents seems good offer now......result is stable, not good not bad.......mixed reform must be taken over by a good company, else the wait will be even longer.......   |
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