Look like can close below 1.10?
It wl be a $1 Or below when Funds start selling and exacerbated with margin call and contra losses or hopeful investors also throwing in their towers
at one time share price $6.....all dreams burst.
Funds selling non-stop ....
Funds selling non-stop ....
It will get stronger and stronger
piscesmonkey ( Date: 11-Jul-2023 13:22) Posted:
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Strong selling just start?
Now they only deferred but never dare to give timeline...that should be the setting in the 1st place. Those believe will go below $1 still got some meat to short now. Heard many using cfd to short since it was downgraded to $1...
WBdisciple ( Date: 11-Jul-2023 12:35) Posted:
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Really look back on themselves when they back pedal on their vision of S$500 million revenue and profit of S$100 million. Cannot believe them anymore.
" 2025 Target. Collectively these growth efforts are intended to drive the Group&rsquo s revenue
and profit2 to S$500 million and S$100 million, respectively, by 2025. "
After 7 months abadoned the Target?    What is this?  Pasar Malam strategy?
So cost cutting, layoff workers... do share buybacks when share price on uptrend and hardly any
when share price falls through the floor?
After 7 months abadoned the Target?    What is this?  Pasar Malam strategy?
So cost cutting, layoff workers... do share buybacks when share price on uptrend and hardly any
when share price falls through the floor?
After ipo, quickly locked in new found money buying the highest psf GCB. So many nanofilm companies around nothing special this one. Another S-chip. Smelly.
Standard buying procedure, buy on fear sell on rebound, company already known they ll suffer, so made the news bad , they load on dip then sell later when dust settled
R&D may not yield result. So the next best thing that time is to SBB la
TraderBen ( Date: 11-Jul-2023 09:46) Posted:
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Current drop is steep and furious
Margin call or contra loss expected
Tat may exacerbate further selling.
Wl it go $1 Or below.
DBS target $1....
Margin call or contra loss expected
Tat may exacerbate further selling.
Wl it go $1 Or below.
DBS target $1....
Let see whether the Co comes in to do share buy back when its price is being torpedoed?  Or all these share buyback when share price is trading higher is for the benefits of those who unloaded?
Company spent a lot of money on SBB when the price was trading about 2.80 to 4.50.. they should hv used the money for more R&D instead of trying to bump up the price then.
https://www.straitstimes.com/business/nanofilm-flags-first-half-loss-of-about-8m-on-lower-revenue
Where the Co share buyback when the share price got torpedo?  Or only buy when share price is going up ?
join you small small for fun, if can move back to opening then short squeeze liao, wish us luck.
SmallSmall ( Date: 11-Jul-2023 09:19) Posted:
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Outlook was bleak.
2nd half hinge on some basis as mentioned by the mgmt. If things don turned out well, maybe even worse for Fy23
2nd half hinge on some basis as mentioned by the mgmt. If things don turned out well, maybe even worse for Fy23
eddyeddy ( Date: 11-Jul-2023 08:37) Posted:
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More than 50% less off of IPO price. 
And if it cannot even hold at $1.18, it is a red flagto long term holders.  Maybe Some bungalows likely to be offloaded to support the counter
And if it cannot even hold at $1.18, it is a red flagto long term holders.  Maybe Some bungalows likely to be offloaded to support the counter
TradeExpert ( Date: 11-Jul-2023 09:26) Posted:
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Getting Cheaper and Cheaper....