MediLifestyle    Last:0.043    -0.005

Consolidation 10 to 1

don?t listen to tankoksee, he is just full of air. If going up, he will shout 10c , if down,he shout 2c.

at 0.025, they can already convert at 0.02, and still make good profit.
so far , a few batches of conversion 8.1m, 12+m, 12+m all at 0.0245, based on 80% of average of around 0.03+ .

Put in $800,000 so far, get back more than a mil - not bad for 3 day work. We can only drool

hschsc      ( Date: 05-Jul-2023 11:20) Posted: Mostof the conversion share were at $0.0245 to $0,03. many were trading in these few days. How low there want to go?  tankoksee      ( Date: 05-Jul-2023 11:17) Posted: 2 cts otw..........

 

Mostof the conversion share were at $0.0245 to $0,03. many were trading in these few days. How low there want to go? 

tankoksee      ( Date: 05-Jul-2023 11:17) Posted: 2 cts otw..........

 

2 cts otw..........

 

to be clear, it is higher of 2 scenarios - 0.02 or 80% of 3 days transacted average.

the current few days should see weeding of contra players who jumped in the runup last week from 30 to 60, and back.

company itself isnt that rosy in any case, but there was initially low available shares, until all these conversions.

T2S main beneficiary these days, kudos to Thong, wonder how he negotiated for these Bonds based on a post consolidation conversion value prior

superstartup      ( Date: 05-Jul-2023 10:39) Posted: The lowest (min) conversion price is 0.02 per share for the recently issued convertible bond Johnsnow      ( Date: 05-Jul-2023 08:17) Posted: Let see how low it can go t

 

The lowest (min) conversion price is 0.02 per share for the recently issued convertible bond

Johnsnow      ( Date: 05-Jul-2023 08:17) Posted: Let see how low it can go to ThroneKingdom      ( Date: 04-Jul-2023 18:17) Posted: keeping drop i saw sgx report issue shares price 0.02xxx it meay reach until this level

 

Collected yesterday 0.029. Next week huat

Johnsnow      ( Date: 04-Jul-2023 12:31) Posted: Standby 1 side to wait fighting      ( Date: 04-Jul-2023 11:36) Posted: Will stay low volume this week, its time to collect.

 

Johnsnow      ( Date: 05-Jul-2023 08:17) Posted: Let see how low it can go to ThroneKingdom      ( Date: 04-Jul-2023 18:17) Posted: keeping drop i saw sgx report issue shares price 0.02xxx it meay reach until this level

 

Let see how low it can go to

ThroneKingdom      ( Date: 04-Jul-2023 18:17) Posted: keeping drop i saw sgx report issue shares price 0.02xxx it meay reach until this level

 

keeping drop i saw sgx report issue shares price 0.02xxx it meay reach until this level

 

v dark..sgx buy in has no transparency..

wtf.........

savinma      ( Date: 04-Jul-2023 15:51) Posted: understand why you bought into this counter in the first place. meet objective ( or wrong ) then do the needful and get out. be careful, tomorrow another 12m+ new conversion shares ( at 0.0245 ) https://links.sgx.com/FileOpen/MediLife%20Ann%20-%204th%20Conversion%20to%20Shares%20final2.ashx?App=Announcement& FileID=764235  will join the market. Can only hope some invisible hands push a bit to sell again like T2S with their 8.1m+.. Else even at 3c is a 25% gain for them. see what has been reported in SGX  here  https://www.sgx.com/securities/company-announcements?value=MEDI%20LIFESTYLE%20LIMITED& type=company then decide what you should do. Buyin is when someone short sell ( without free scrips available ) and SGX will do buy in against them 2 days later ( in a separate platform, accessible via your remisiers ) I think the remainder 2.7m+ which was not covered in Buyin yesterday was settled privately or borrowed scrips, or scrips made only available today. Thats why today nothing left for Buy In. Good luck, just go with the flow if possible. caveat emptor

 

understand why you bought into this counter in the first place. meet objective ( or wrong ) then do the needful and get out.
be careful, tomorrow another 12m+ new conversion shares ( at 0.0245 ) https://links.sgx.com/FileOpen/MediLife%20Ann%20-%204th%20Conversion%20to%20Shares%20final2.ashx?App=Announcement& FileID=764235  will join the market. Can only hope some invisible hands push a bit to sell again like T2S with their 8.1m+.. Else even at 3c is a 25% gain for them.

see what has been reported in SGX  here  https://www.sgx.com/securities/company-announcements?value=MEDI%20LIFESTYLE%20LIMITED& type=company
then decide what you should do.

Buyin is when someone short sell ( without free scrips available ) and SGX will do buy in against them 2 days later ( in a separate platform, accessible via your remisiers )
I think the remainder 2.7m+ which was not covered in Buyin yesterday was settled privately or borrowed scrips, or scrips made only available today. Thats why today nothing left for Buy In.

Good luck, just go with the flow if possible. caveat emptor
 

 

how come nobody buy in? Good or bad?

savinma      ( Date: 04-Jul-2023 15:11) Posted: no buyin today for Medi Lifestyle. ( imho )  when tankoksee talks, take it with a pinch of salt, or use it as an indication for trade noobnub      ( Date: 03-Jul-2023 23:42) Posted: tomorrow buyin dont go up too high otherwise i sell those i picked up maybe huat till go ICU hah

 

no buyin today for Medi Lifestyle.
( imho )  when tankoksee talks, take it with a pinch of salt, or use it as an indication for trade

noobnub      ( Date: 03-Jul-2023 23:42) Posted: tomorrow buyin dont go up too high otherwise i sell those i picked up maybe huat till go ICU haha tankoksee      ( Date: 03-Jul-2023 22:15) Posted: 46 is sgx buy in price at 5pm closing... 32 is ready mkt price...some people/shorties..knew the conversion today so heavily continued shorting... let' s see Tom how it would trade,,,, it seemed last week heavy shorting when the conversions started.. see how much sgx buy in price..oso

 

Standby 1 side to wait

fighting      ( Date: 04-Jul-2023 11:36) Posted: Will stay low volume this week, its time to collect.

 

Will stay low volume this week, its time to collect.

 

how to know when SGX going to buy in? I also had some to release

noobnub      ( Date: 03-Jul-2023 23:42) Posted: tomorrow buyin dont go up too high otherwise i sell those i picked up maybe huat till go ICU haha tankoksee      ( Date: 03-Jul-2023 22:15) Posted: 46 is sgx buy in price at 5pm closing... 32 is ready mkt price...some people/shorties..knew the conversion today so heavily continued shorting... let' s see Tom how it would trade,,,, it seemed last week heavy shorting when the conversions started.. see how much sgx buy in price..oso

 

Will we see a uptrend today. DYODD

 

tomorrow buyin dont go up too high otherwise i sell those i picked up maybe huat till go ICU haha

tankoksee      ( Date: 03-Jul-2023 22:15) Posted: 46 is sgx buy in price at 5pm closing... 32 is ready mkt price...some people/shorties..knew the conversion today so heavily continued shorting... let' s see Tom how it would trade,,,, it seemed last week heavy shorting when the conversions started.. see how much sgx buy in price..oso mattohoh      ( Date: 03-Jul-2023 19:03) Posted: How you all see 46 when the price is 32 no

 

46 is sgx buy in price at 5pm closing...

32 is ready mkt price...some people/shorties..knew the conversion today
so heavily continued shorting...

let' s see Tom how it would trade,,,,

it seemed last week heavy shorting when the conversions started..

see how much sgx buy in price..oso

mattohoh      ( Date: 03-Jul-2023 19:03) Posted: How you all see 46 when the price is 32 now tankoksee      ( Date: 03-Jul-2023 18:36) Posted: tom..another big buying in by sgx?

 

in my opinion, thin ice here for the next month and a half..

Just look at T2S, convert to  8.1m+ shares at 0.245c on 23 June 2023, sold almost all at 0.45c average 4 days later ( 2 trading days ) on 27 June.
Forked out $200k and pocket $366k+ within 2-3 trading days. 
watch out for more similar maneuvers, easy money for these Bond holders. How this can happened ? Watchdog slacking as usual.

but you never know what they can do, but safer your own money is in your own pockets.

DYOD