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SEMBMARINE - A NEW CHAPTER - DEMERGED
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rachellee
Senior |
17-Nov-2017 13:51
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Yeah, the BBs have stopped pushing it up after lunch. Dropped from 0.06 to 0.056. Possibly even taking profit, as you said. I also see quite a bit of throwing down at 0.057, like distribution/offloading. Especially since it' s a Friday, those who don' t wanna hold it over the weekend will also be dumping it during the next few hours. Also not healthy for a counter to chiong too much. Wait for retracement better, will probably retrace to 53/54 even.
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tankookoo
Master |
17-Nov-2017 13:43
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agree, it went up quite fast and sure proffit taking will kick in, especially today is friday. Unless BB wants to push further today which dun seems likley. BB might also be taking profit...
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rachellee
Senior |
17-Nov-2017 13:38
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I see quite a bit of sell down this afternoon... Think it' ll close around 54/55. Better to take profit now first, not sure if will gap down on Monday.
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tankookoo
Master |
17-Nov-2017 13:35
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took profit at 5.7 ...weekend dun want to hold over. | ||||
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rachellee
Senior |
17-Nov-2017 11:58
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That' s what people always say whenever something goes up though lol.
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rachellee
Senior |
17-Nov-2017 11:33
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At this point, too risky to chase already. A good entry price would be around 54. Wait for pullback. Also, today' s selldowns are in huge chunks, so might be distribution (pump and dump).
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SmallSmall
Supreme |
17-Nov-2017 11:32
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:) | ||||
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tankookoo
Master |
17-Nov-2017 11:29
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something definitely brewing....not a normal playup...
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Berani
Elite |
17-Nov-2017 11:27
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amazing.... sen yue also up
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rachellee
Senior |
17-Nov-2017 11:25
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Hi Rooster, what price did you short at?
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rachellee
Senior |
17-Nov-2017 10:46
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Don' t worry, nobody can really catch the absolute tops and bottoms. Got profit can already.
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Berani
Elite |
17-Nov-2017 10:42
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out too early... now move to next stock.
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rachellee
Senior |
17-Nov-2017 10:38
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Huat to those who got out at 56-57! Tread with care, since today' s a Friday there will probably be heavy selling-down and profit-taking in the afternoon session. |
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rooster2017
Member |
17-Nov-2017 10:32
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shorted | ||||
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Berani
Elite |
17-Nov-2017 10:23
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now 4 is the lucky number... once exceed... will drive it to 0.05
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Berani
Elite |
17-Nov-2017 10:21
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once hit... 0.04... all ppl will jump in... rotation play
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johnng
Supreme |
17-Nov-2017 10:14
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switch to METAL COMP.... | ||||
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tankookoo
Master |
17-Nov-2017 10:08
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party ending soon? now 5.6
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SmallSmall
Supreme |
16-Nov-2017 10:39
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Party time | ||||
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SmallSmall
Supreme |
15-Nov-2017 17:26
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SGX?s Query 4 It was disclosed in paragraph 10 of the Announcement that ?the revenue generated from the cement plant should help to improve the financial results of the Group?. Please elaborate on the competitive conditions and known factors that will affect the Group in next reporting period and next 12 months for the cement plant operations. Company?s Reply The cement plant is located in the Republic of Tajikistan where most of the infrastructure and buildings in the country are old and the government is planning to increase the investment in and reconstruction of the country?s infrastructure. Thus, the demand for quality building materials is expected to increase with the growth of Tajikistan?s economy. In addition, urbanisation in Tajikistan and its globalisation through China?s infrastructure investment in China?s ?One Belt One Road? initiative will also increase the demand for cement. Furthermore, the cement plant is located in the Khatlon Region where currently there is only one main competitor, and the threat of new entrants is low due to high barriers of entry. The Group is prudently optimistic of performance of the Tajikistan cement plant. | ||||
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