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Today marks end of 1st H 2014.
Funds will book profits for their books and shortists will try to capitalise today. As you can see with all the blockages.
Whether contra or hold, today wont be able to tell. We will only return to a ' normal' trading day tomorrow onwards.
As mentioned, hold if you have power, buy if you are more risk taking, more ' fruitful' days are to come.
On my Fed call before market opening today, congrats if you have taken profit and to Jack, no right or wrong in which level to take profit on. You decide according to your risk management levels and holding power.
Personally, I will be looking at a higher profit level. I was in at 0.036. For a turnaround company, I expect more upsides to come.
As always, trade or invest safe guys. Be back tomorrow.
Bro this stock can contra or need to buy n hold to see big rewards?
tks
Bersantai ( Date: 30-Jun-2014 14:47) Posted:
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Yes, am busy with some work meetings. Cant answer so many qs today.
Jus back from China.
Do take note, today is last day of the 1st half 2014.
Hold your stocks if you have power, tomorrow will be far more ' fruitful'
You guys cheer too loudly now shortists come back and whack again.
Jackpot on bersa shortsellers losing big time
SGtraderdude ( Date: 30-Jun-2014 13:56) Posted:
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SUDDENLY 4000 OVER LOTS BOUGHT AT 0.022!!!!!
Me too!! Bro Bersantai has been very zhun with his calls for some time le!!
He today so little posts nia.. OH yah horrr i rmb he jus got back from overseas hor... Maybe now sleepin too tired! hahhaah!
IN any case, we ownself analyse also see some much accumulation at 0.022 (over 15 million buys) last Friday and today, means sure huat la!!
hahahahha
dragonn ( Date: 30-Jun-2014 12:32) Posted:
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I noticed that as well i trust Bersantai haha
susan66 ( Date: 30-Jun-2014 11:54) Posted:
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more value to come for shareholders
Polar is good
DYODD
Great, wait further!
SGtraderdude ( Date: 30-Jun-2014 11:29) Posted:
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Buyers keep topping up everytime this stock gets sold!!!!
Big accumulation at 0.022 last friday i rmb like over 15 million shares and today also!!!!!!
So much accumulation done at 0.022 means what... Means we all holders gonna HUAT BIG BIG!!
Ok I' ve did further research about capital injection
How capital injection works
How it works/Example:
Let' s say Company XYZ is a private company and it wants to open 15 more stores in its retail chain. It raises money from family, friends and interested investors, who get ownership in Company XYZ in return. This money is a capital injection.
Why it Matters:
Capital injections allow companies to grow, refinance or stabilize. Sometimes the government will inject capital into an industry or company that is too big to fail, in order to stabilize the broader economy. Capital injections, no matter the reason, are not free. Companies receiving the capital injections usually give up equity to the injectors, and sometimes they even give up board seats or controlling interest.
On 20th June they announced that they
http://infopub.sgx.com/FileOpen/Polaris-Announcement-Holding-20-06-2014.ashx?App=Announcement& FileID=302134
The Board of Directors (the &ldquo Board&rdquo ) of Polaris Ltd. (the &ldquo Company&rdquo ) wishes to inform Shareholders
that in line with the Company&rsquo s expansion plan to grow its business both in Singapore and in the
region, thus create more values to its Stakeholders, the Management has started to look for
opportunities. Discussions with numbers of parties in connection to the plan are on-going and there is
no certainty whatsover that these discussions will result in any transactions.
On 24th June they said this
http://infopub.sgx.com/FileOpen/Polaris.Announcement_Holding_24062014.ashx?App=Announcement& FileID=302575
The Company wishes to inform shareholders that, in line with its expansion plan to grow its business in the region, it is in discussions with a number of parties in relation to the potential acquisition of shares of a company in South East Asian which has a similar business model as the Company, and the related fund-raising options to finance such potential acquisition.
The Company wishes to advise shareholders that such discussions are preliminary and non-binding in nature and there is no assurance that any definitive or binding agreements or any transaction will result from such discussions.
Further announcements will be issued by the Company in the event that there are any further material developments regarding the above subject matter. In the meantime, shareholders of the Company are advised to refrain from taking any action in respect of their shares in the Company which may be prejudicial to their interests, and to exercise caution when dealing in the shares of the Company. In the event of any doubt, shareholders of the Company should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.
on 27th June (Last Friday)
http://infopub.sgx.com/FileOpen/Polaris.Annt.Capital.Injection.into.Polaris.Digimedia.ashx?App=Announcement& FileID=303157
The Board of Directors (the " Board" ) of Polaris Ltd. (the " Company" and together with its subsidiaries, the " Group" ) wishes to announce that the Company has injected S$999,999.00 (representing 999,999 shares) into Polaris Digimedia Pte. Ltd. (" Polaris Digimedia" ), a wholly-owned subsidiary of the Company, thereby increasing the issued and paid-up capital of Polaris Digimedia from S$1.00 to S$1,000,000.00.
Speculation for expansion and transaction is high because of this injection.
So who are the family, friends and interested investors, who get ownership in Company XYZ in return.
So now we' re all waiting for the actual transaction to take place and we will not see 0.2s again.
kokchee ( Date: 28-Jun-2014 13:24) Posted:
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Later 1 person come in makan all haha
morning bro,
expected to last?
you mean Federal will stop in 45? or more upside to run?
Bersantai ( Date: 30-Jun-2014 09:29) Posted:
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Shortists in sell queue
Will run away once price start goin up
Federal alrdy on upward momentum
Expect it to last
Bersentai had spoken,
Thanks Bersentai
Bersantai ( Date: 30-Jun-2014 08:59) Posted:
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More upside for Polaris
Watch Federal as well
2.2 so strong har!
Well said all!! This 9hly99 is probably stuck in huge short positions on CFD lah.. He lookin at red figures everyday so mus try his best to be negative lo!
Bro, hope you are not going to short this one.
when ppl buy on contra / short term, key mover is mostly base on TA and news speculation. End of the day is the BB' s play on how they want to bid the px untill someone who is strong enough to counter them, they are in the market to squeeze your pocket and are likely to make more than retail. I dun think many bro / sis planned to hold long on this one before they jeep. In the end someone will make some lose and many got stuck as usual, question is the music will stop at where. Looking at volume, the play is still on so there is no right and wrong on entry px, at least for the time being. BB means Burn long Burn short and Bye Bye
Penny play seems to be staying around till more concrete news on US on interest rate increase. Investor will likely to aviod heavy stock when interest rate is going up till they shows their positive qtr result. I will aviod stock with investment is US for the time, this one should be ok.
Not a buy call dyodd pls, not vested and will not be, missed the boat, better not chase...many other penny not move yet. Hope those who vested huat huat huat
9hly99 ( Date: 29-Jun-2014 11:08) Posted:
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