Back to 25 cents easily.
Anyone know what's going on with this counter ? Izzit going to bankruptcy ? Why keep on lower..
Further to earlier pennings, I must admit I was one of those lucky few who liquidated all of my share holdings of this company and bled profusely and moved on to other share counters and managed to recover some of my lossess already.
Why then languishing now below 0.20??
I share with you only half of the ex MD portfolio of 55 million shares liquidated to date I suspect together with his ex colleague of 11 million shares.
Dont be surprise that this counter share price erodes down to 0.10 before year end as a result of more short
term speculators who turned their recent holdings to long term play decided to cut lossess.
This counter has been suffering from losses as not a well managed company with its debt on high side.
Besides it has not paid out any dividends for past few years.
Therefore with writedowns of losing operations better for this company to delist itself.
As such, not a buy and hold share company for another 2 years or so if they want to remain as a listed company.
Do your own diligence please!!!
It seems BBs couldn' t offload all their stocks at 25+ now forced to cut at 19c.
No buyers, this is a falling knife. Better wait for lower before jumping in.
No buyers, this is a falling knife. Better wait for lower before jumping in.
This one no hope, Rubber and Glove stocks all up. This one sit at the bottom of the sea like big heavy anchor.
When Rubber and Glove stocks fall, you know this one sure sink to centre of the earth.
When Rubber and Glove stocks fall, you know this one sure sink to centre of the earth.
TIME to spike up towards 25cents...no more right issues..
All the best to you!!
I am a believer and am still holding.
Pl research who was the big seller this past few days.
I tell you probably the Ex MD holding 55 million shares and his the other colleague who left the company at the same time holding 11 million shares!!
Commodity firms overall doing terrible.
Liquidity gone, sad to see when only 200 shares on bid. Value of the bidder  $40, brokerage is already $25.
Clearly us retail players all got caught into this trap and now no one to even sell to now.
My remaining lots i have i accept maybe worthless now. 
Liquidity gone, sad to see when only 200 shares on bid. Value of the bidder  $40, brokerage is already $25.
Clearly us retail players all got caught into this trap and now no one to even sell to now.
My remaining lots i have i accept maybe worthless now. 
Agree, at 10c i also think not bad value. 
Shifu8888 ( Date: 21-Sep-2020 16:28) Posted:
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Sinochem should consider privatize it.
Dirt cheap now
Dirt cheap now
20c wall broken.
Maybe I will look to play again closer to 10c, risky this one as no obvious support level now.
Maybe I will look to play again closer to 10c, risky this one as no obvious support level now.
Today Market GONE
We share good stocks  ideas @huatpennysg tiligram
We share good stocks  ideas @huatpennysg tiligram
Surrendered yesterday, I swapped to Top Glove yesterday, good return already. 
Sometimes good to just cutloss and move onto a stock with real potential.
Good luck to the other holders! This one has been very disappointing for me, under perform compared to all other peers.
Sometimes good to just cutloss and move onto a stock with real potential.
Good luck to the other holders! This one has been very disappointing for me, under perform compared to all other peers.
Other rubber counter all big up! This one sure will move now!
Be patient. I don know your entry price. If below 30 cents, high chance to make money. Hold and wait for the right tide.
Stonky ( Date: 15-Sep-2020 11:37) Posted:
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I losing faith in this one, all rubber stock all chiong 200% 300% 400% this year, this one flush down toilet.
Battle123 ( Date: 02-Sep-2020 20:03) Posted:
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Seems this counter no life now.