| Latest Forum Topics / Shen Yao Last:0.002 -- |
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ThinkEnv name change to Liongold Corp
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BlueSnake
Member |
29-Dec-2020 11:59
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Ya I miss the small movements , long time no see them around. Lol
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CheongArgh
Master |
29-Dec-2020 11:59
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Something' s brewing ????? | ||||
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anthony2978
Member |
29-Dec-2020 11:58
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very hard to get at 0.003 umless today is contra date and they dun want to hold. this stock not moving for months. its either 0.003 or 0.004. no use one. | ||||
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CheongArgh
Master |
29-Dec-2020 11:56
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A lot of small movements now. Bulls and bears trying to outclass each other.....each trying to hold on to the 0.4cts stronghold..... | ||||
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black_white
Master |
29-Dec-2020 09:22
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Haha. Why worry? No movement does not mean something wrong. I think we all need to learn to be patient. Not every stock is your LifeBrandz, Oceanus, Vicplas, Medtec. Some go up, and come down until don' t know when you see them go up again. Maybe when we in coffin liao then see them come back up again. LG been through that phase already. Now come back up again. Slowly - No rush. I like the pace it is going now. As mentioned, it is a waiting game. You move first or th big shareholders move first.
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papayaface
Supreme |
29-Dec-2020 09:20
Yells: "This is the best time to enter....when everythings uncertain" |
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Computer not program yet.  Got to wait. Good luck
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BlueSnake
Member |
29-Dec-2020 09:19
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Anything wrong with the counter? No movement today morning | ||||
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black_white
Master |
29-Dec-2020 09:13
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Slow and steady wins the race. Just wait for the next catalyst. Without strong fundamentals, any rocketing of prices will not be sustainable. I think many of you have seen it in other micro and nano pennies recently liao.
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Mk8080
Senior |
28-Dec-2020 17:46
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Peaceful day today.. hmmmmm | ||||
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papayaface
Supreme |
28-Dec-2020 10:30
Yells: "This is the best time to enter....when everythings uncertain" |
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After last week' s sell down, its time to queue to buy back at 0.3 cts. Gold futures has crossed $1,900 today. Good luck | ||||
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black_white
Master |
27-Dec-2020 20:19
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This is done to remove the emotion in trading. 
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black_white
Master |
27-Dec-2020 20:17
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One more thing to add. A lot of people like to say " fake wall" etc etc. But in reality, my understanding these are not fake walls, but computer generated responses/trigger points. When sell down has occured up to a certain level, computer will trigger all the queue orders at the " sold down price" to be withdrawn for a simple fact - Previous trend has been broken and assumptions has changed, and hence buy/sell direction has changed. But when sufficient buy-ups take place to a certain level, computer-triggered buys and queues can come in.  While I do not make use of such technology, but I won' t be surprised that such functions work in reality given the advancements in software developments. I have heard about it from others who made use of software to do charting - And they will plot their trigger points accordingly to trade. That is why you have financial meltdowns in the past when there is a massive sell-down by normal mum and pops, then computer triggered sell-downs by investment firms as their system recognises the need for a stop-loss.  |
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black_white
Master |
27-Dec-2020 19:55
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In stocks, we always buy for the potential of future earnings and not current earnings. Just like when COVID came, medical counters skyrocketed because of potential future earnings and nothing to do with current earnings then.  If you ask me, the future is in gold and investment related instruments (i.e. stocks, etc). Why? Everywhere in this world is printing more money and negative interest rates in some country. Why put your money somewhere or hold cash whereby it will just depreciate? Hence the future is in stock market and other investment related instruments that can hold " real value" . So this counter will trend upwards IMO - Fast or slow? That will depend. Today, you just need a multimillionaire (there are tonnes of millionaires in Singapore you may be surprised your HDB blocks may have more millionaires/cash rich than those staying in condos) to invest in LG. Every HDB block you get 1 millionaire to put in 50k to 100k. The buy volume at 500 million is nothing if that really happens. It goes the same for the ask volume. Like what was mentioned - everyone buy a bit can create a big wave also - Hence a self-fulfilling phrophecy. The big changes in bid and ask volume is not surprising given the low price of the stock now - $0.003. A sudden increase of 100million in bid volume is only $300k. Almsot all of us live in a flat in that is valued more than $300k nowadays (besides those who rent). In 2018, Singapore median household income was about $12k per month. One year is $144k. $300k is easily saved by a family within about 4 years if they save 50% of their income.  So with all these movement, I don' t think there is anything wrong. These " BBs" might just very well be one of the uncles/aunties you see on the street. Unless today, the stock is $1, and you see sudden change in bid volume by 100million every so often, then that will be something weird going on. |
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Eatall
Veteran |
27-Dec-2020 19:54
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I always need to check dictionary n 字 典 。 。
Haha... Kamsia
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Eatall
Veteran |
27-Dec-2020 19:52
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Ya.. In 9k...out 200+k.....
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black_white
Master |
27-Dec-2020 19:40
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24th Dec was just another normal trading day - The actual sales transactions and bid/ask volume was nothing out of the ordinary compared to all other stocks like Oceanus, Sinocloud, etc etc. Anyone with a couple of million to spare could queue to buy. | ||||
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Ushnisambatha
Senior |
27-Dec-2020 15:47
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不 谢 , 各 执 一 端 。
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Eatall
Veteran |
27-Dec-2020 14:27
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Like that I better stay put....
Tks for ur explanation..
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Ushnisambatha
Senior |
27-Dec-2020 14:22
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Eatall, you should realise that every million Sing dollars of PAT is only abt  0.00003 cts per share (or less if dilution raised total issued to 37 billion from current 33 billion.).Now,if the PAT can be maintained or grow spectacularly (and  that' s what B_W is aiming for), then it is a matter of just extrapolating the  annual PAT to see what is fair value.Average PE for goldmines varies from 8 to 80, so it' s quite a mortley group. Warren B' s Barrick Gold average 23 but that is a superstar.LG maybe warrant aro  15-18? Concluding, we should wait for the next quarter result for better guidance.I can' t see 6-12 months down without the details of next report,can you? P/S:I have already asked Sgx Reg to look into just this 24th share movement. Who else I have copied to is confidential.
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hem2998
Veteran |
26-Dec-2020 17:21
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So many discussions abt a stock that hasn't moved. Can't imagine the explosion of comments when it does. :) | ||||
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