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Rare Gem,Proposed Special 7.5 cents Dividend

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joker1980
    22-Dec-2016 14:03  
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Soon all will buy this share, as its going up again after the result announce
 
 
dyingcat
    22-Dec-2016 10:55  
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Anybody attending the EGM? How is the result?
 
 
johnnywalker
    22-Dec-2016 10:34  
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What' s with all the speculation that this might happen that might happen. If you can' t afford to hold the shares then don' t buy. Will worrying help? Even if force selling happens let it take its course. 
 

 
edriclian94
    22-Dec-2016 10:29  
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Pretty much gone with the remaining retails left.
 
 
ysh2006
    22-Dec-2016 07:22  
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27M shares placed out to retain seat worth it loh...some more sold at high price profit gain...still got four months to continue working and can slowly buy back shares at lower price for " Eastern mountain rises again"....

ahhuat08      ( Date: 21-Dec-2016 23:29) Posted:



27 million shares have been placed, the board cannot possess bly recall back thise shares. The egm is supposed to restrict ang from further issuing shares. But now it seems, the egm has nothing to discuss maybe just a small gathering to gossip about its recent share price movement, lol.

ahmah00      ( Date: 21-Dec-2016 22:44) Posted:



The company has several pending issues to settle

1st EGM was about restructuring and removing Joseph Ang

2nd EGM (22 Dec, tmr) has nothing got to do with Joseph actually. It is to vote for or against the general share mandate given to the board, which in simple terms means that some SSH buay song why the board anyhow place out a large amount of shares to a tom-dick-and-harry Mr Ng Quek Peng at a discounted price (6.5 cents) [relative to the net cash position of Nat Cool 6.8cents/share]. 

Lim and Ong are against the chairman, tsng against the share mandate. If the vote is revoke the mandate, then Ng will not get 10% shares placement liao. Which means joseph got no more friend in the board liao. Which means joseph is highly unlikely to spend the time and effort to spend more $ to buy back the share he threw out. Remember his selling price is $0.118. No point Joseph pump in more cash than $0.118 after 2nd EGM coz the result is likely that his friend Ng don' t get the placement shares and Joseph is TOTALLY OUT OF THE COMPANY. OUT. No need to hope anymore. Maybe Lim and Ong will slowly accumulate at low levels since this is still a healthy company with net cash. But don' t expect fireworks anymore. Aint gonna happen.

 


 
 
ahhuat08
    21-Dec-2016 23:29  
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27 million shares have been placed, the board cannot possess bly recall back thise shares. The egm is supposed to restrict ang from further issuing shares. But now it seems, the egm has nothing to discuss maybe just a small gathering to gossip about its recent share price movement, lol.

ahmah00      ( Date: 21-Dec-2016 22:44) Posted:



The company has several pending issues to settle

1st EGM was about restructuring and removing Joseph Ang

2nd EGM (22 Dec, tmr) has nothing got to do with Joseph actually. It is to vote for or against the general share mandate given to the board, which in simple terms means that some SSH buay song why the board anyhow place out a large amount of shares to a tom-dick-and-harry Mr Ng Quek Peng at a discounted price (6.5 cents) [relative to the net cash position of Nat Cool 6.8cents/share]. 

Lim and Ong are against the chairman, tsng against the share mandate. If the vote is revoke the mandate, then Ng will not get 10% shares placement liao. Which means joseph got no more friend in the board liao. Which means joseph is highly unlikely to spend the time and effort to spend more $ to buy back the share he threw out. Remember his selling price is $0.118. No point Joseph pump in more cash than $0.118 after 2nd EGM coz the result is likely that his friend Ng don' t get the placement shares and Joseph is TOTALLY OUT OF THE COMPANY. OUT. No need to hope anymore. Maybe Lim and Ong will slowly accumulate at low levels since this is still a healthy company with net cash. But don' t expect fireworks anymore. Aint gonna happen.

 

peterz      ( Date: 21-Dec-2016 21:43) Posted:



After EGM, the share price might be pumped up by Mr Lim and Mr Ong to prevent Mr Ang to accumulate shares at low price. Otherwise, the fight wil continue before next April AGM.


 

 
ahmah00
    21-Dec-2016 22:44  
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The company has several pending issues to settle

1st EGM was about restructuring and removing Joseph Ang

2nd EGM (22 Dec, tmr) has nothing got to do with Joseph actually. It is to vote for or against the general share mandate given to the board, which in simple terms means that some SSH buay song why the board anyhow place out a large amount of shares to a tom-dick-and-harry Mr Ng Quek Peng at a discounted price (6.5 cents) [relative to the net cash position of Nat Cool 6.8cents/share]. 

Lim and Ong are against the chairman, tsng against the share mandate. If the vote is revoke the mandate, then Ng will not get 10% shares placement liao. Which means joseph got no more friend in the board liao. Which means joseph is highly unlikely to spend the time and effort to spend more $ to buy back the share he threw out. Remember his selling price is $0.118. No point Joseph pump in more cash than $0.118 after 2nd EGM coz the result is likely that his friend Ng don' t get the placement shares and Joseph is TOTALLY OUT OF THE COMPANY. OUT. No need to hope anymore. Maybe Lim and Ong will slowly accumulate at low levels since this is still a healthy company with net cash. But don' t expect fireworks anymore. Aint gonna happen.

 

peterz      ( Date: 21-Dec-2016 21:43) Posted:



After EGM, the share price might be pumped up by Mr Lim and Mr Ong to prevent Mr Ang to accumulate shares at low price. Otherwise, the fight wil continue before next April AGM.

teeth53      ( Date: 21-Dec-2016 20:51) Posted:



After EGM, mkt can start to turn cool....cooler then cold, than fight again.


 
 
peterz
    21-Dec-2016 21:43  
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After EGM, the share price might be pumped up by Mr Lim and Mr Ong to prevent Mr Ang to accumulate shares at low price. Otherwise, the fight wil continue before next April AGM.

teeth53      ( Date: 21-Dec-2016 20:51) Posted:



After EGM, mkt can start to turn cool....cooler then cold, than fight again.

yingtai      ( Date: 21-Dec-2016 13:03) Posted:

What are the possible outcomes of the EGM. And how it affect the market sentiments. Anyone can share thier view?


 
 
teeth53
    21-Dec-2016 20:51  
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After EGM, mkt can start to turn cool....cooler then cold, than fight again.

yingtai      ( Date: 21-Dec-2016 13:03) Posted:

What are the possible outcomes of the EGM. And how it affect the market sentiments. Anyone can share thier view?

 
 
teeth53
    21-Dec-2016 20:49  
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Nothing to fight for n winner oso don like to spend alot more $ to fight?. To fight for what?.

Simple reason is winner, win liao mah. late when prices is more settle, then fight again.
Opened - 0.129c  Closed - 0.121c  - 0.011c  or - 8.3%  with a vol of 10,870,400 changed hands
 


guards80      ( Date: 21-Dec-2016 12:43) Posted:



waiting for tmr EGM?

teeth53      ( Date: 21-Dec-2016 12:39) Posted:

Natural cool. Starting to cool now....later turn cold. Jialat (Hope. I'm wrong


 

 
peterz
    21-Dec-2016 20:13  
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I only have paper loss and did not cut loss yet.

dyingcat      ( Date: 21-Dec-2016 18:58) Posted:

Today closed at 0.121, surprisingly above 0.118. Hope it will bounce up from EGM result tmr. Will buy a bit at opening to try luck.

 
 
dyingcat
    21-Dec-2016 18:58  
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Today closed at 0.121, surprisingly above 0.118. Hope it will bounce up from EGM result tmr. Will buy a bit at opening to try luck.
 
 
ken777
    21-Dec-2016 18:10  
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Why you never come and bash spackman from 13X-19X ?

papayaface      ( Date: 21-Dec-2016 14:02) Posted:



Ang' s abandonement is actually good for the company.as there will be a big reduction in operating expenses. The other directors are also very experienced, not newbies, take a look at the annual report. Tsng Joo Peng was also the founder of the aircon business which is the remaining business. The paint business is related.   Good luck

tankoksee      ( Date: 21-Dec-2016 13:53) Posted:



game over for this counter...

 

looks liked ang did a good job of abandoning the co..to those newbies..

 

be careful...no more fightings liao...so dun expect fireworks..

 

those bought high..say your prayers...take care...angel


 
 
Wind22i
    21-Dec-2016 17:20  
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The other day more "exciting"...drop 20 bids in like 1 second..
Maybe tomoro another round of "exciting" 20 gap up or down ? Its anybodys guess - like in a casino..its either big or small
 
 
edriclian94
    21-Dec-2016 17:18  
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Cut loss for now in case major gap down tmr.
 

 
joshjoshy
    21-Dec-2016 16:22  
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Maybe you are right, 0.122 and 0.123 are looking at each other macham cockeyes for hours liao. dont know who will move first leh?

didisiaosiao      ( Date: 21-Dec-2016 16:14) Posted:

Honestly speaking if u r contra player n purchase at 20-50c, wld u wait for 10c + to contra off??? They already stoploss liow lah..... At least majority of them......

 
 
didisiaosiao
    21-Dec-2016 16:14  
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Honestly speaking if u r contra player n purchase at 20-50c, wld u wait for 10c + to contra off??? They already stoploss liow lah..... At least majority of them......
 
 
didisiaosiao
    21-Dec-2016 16:09  
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Y pple so poor will kana force sell meh???

peterz      ( Date: 21-Dec-2016 16:08) Posted:



4pm already, no force selling

ahhuat08      ( Date: 21-Dec-2016 14:31) Posted:



Some houses allow u to wait til end of the day to contra off.

By T+6 if its not picked up, force selling will ensue.

So today closing will see how many longists cut losses. To be honest, this kind of counter, if theres no risk management in place, u will be wiped out by now.

 


 
 
peterz
    21-Dec-2016 16:08  
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4pm already, no force selling

ahhuat08      ( Date: 21-Dec-2016 14:31) Posted:



Some houses allow u to wait til end of the day to contra off.

By T+6 if its not picked up, force selling will ensue.

So today closing will see how many longists cut losses. To be honest, this kind of counter, if theres no risk management in place, u will be wiped out by now.

 

ahmah00      ( Date: 21-Dec-2016 14:22) Posted:

T+5. T+3 technically u are supposed to pay, but if u hv not paid, they will give chance and let u drag by another two days. T+5 is today for the fireworks day when the price went up to $0.50. Conta players who didn't pay will hv their shares force sold by the brokerage firm. Ard 3-4p


 
 
joshjoshy
    21-Dec-2016 15:36  
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No money dont play mah...if one got hurt in this kind of risky trade, blame yourself for greediness and screwed up yourself. Now   i holding some @0.11 still profit mah and even bust to 0.00 also wont hurt me as i am vested within own limit. For winners, congrats and for contra losers a hard lesson learnt.

ahhuat08      ( Date: 21-Dec-2016 14:34) Posted:



Most often than not, if u were to long or short a counter, the very next moment or the max 1 or 2 days u will know whether u r rite or wrong on ur decisions.

 

Those waiting for miracles to happen at the end of contra period, usually will be left with dissappointment.

 

As the saying goes, the first loss is the best loss.

 
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