There may be flushing going on in the next two trading days.
Can buy, 2-3 pips below paper value.
Just don' t contra. this guy doesnt move unless pushed!
 
LOL I think have to wait long long...
Because there is an unlimited sell queue at 18..
Everyone wants to collect at 16 you see.
Why rush when there will be flushing of contra holders on Friday.
Because there is an unlimited sell queue at 18..
Everyone wants to collect at 16 you see.
Why rush when there will be flushing of contra holders on Friday.
acquisition completed. but no action yet. I thought will see some uptrend but disappointing as usual.
bravepeanut ( Date: 17-Oct-2014 14:04) Posted:
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These two days alrdy gave signal liao! Just place yr bets. For those who wants to get out, get out quick! For those who are like me, c c tong and wait for the upward movement, Good luck n huat ah!
20/Oct what will happen?
Acquisition is officially done. NTA is now 1.95 cents. 
Trading below value now!
http://infopub.sgx.com/FileOpen/Polaris.SCPE.Acquisition.Completion.Announcement.ashx?App=Announcement& FileID=318575
Zzz was changing my order to 15 then my order got filled. Sian.
Std chartered deal thru alrdy! Should be a good sign liao! I tambah alrdy! Good luck and dyodd!
I want to get at 16. give some chance leh hahah
very low volume with 2 x 1-lotter .....   :)
short positions ai tiok liak liao ?  ..... :)
seanpent ( Date: 13-Oct-2014 11:33) Posted:
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No such thing as technical rebound here ... subjected to the whims of the BBs. You can only see volume and try to predict where the bbs move. And only when bb move, the market will react.
a reasonable technical rebound to 22 before any further clear direction kuah ?
Bro, some are to their own puppets (they say is to the public) which we don' t know.   Is actually from right pocket to left pocket! Squeezing the retailer out!   Now the price is below NAV alrdy.  
bravepeanut ( Date: 13-Oct-2014 11:29) Posted:
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I know that there were some married deals done by the big boss in the past two months, but were those considered selling into the public float?
Ya, they hv purge out the shares alrdy but to their own ppl lah.
bravepeanut ( Date: 12-Oct-2014 23:06) Posted:
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Page 9
http://infopub.sgx.com/FileOpen/Polaris-SPA-SCPE-Announcement-06-08-2014.ashx?App=Announcement& FileID=308547
 
The number of issued shares excluding treasury shares held in public hands will be 9.16% after  the Acquisition. As such, the Company will not meet the requirement for a minimum public float  of 10% under Rule 723 of the Catalist Rules. The Company will engage its controlling  shareholder, Sugiono Wiyono Sugialam, in relation to the restoration of its public float either  through the sale of his direct interest or procuring the sale of his indirect interest, or through a  placement of new shares. 
 
Where did u find this news? Insider or Brokers?
bravepeanut ( Date: 12-Oct-2014 19:47) Posted:
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They were talking about placing new shares to meet the public float requirement or get big boss to sell part of his shares to meet the requirement.
A decision haven' t been made yet.
 
isaacsgx ( Date: 11-Oct-2014 10:29) Posted:
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Bro, placement completed except std chartered who has yet (until 21 oct) to accept the deal. Now is abt bond issues!
U read the news on Consistel becoming the 4th telco in spore. I think this is another business opportunity for polaris. From Monday onward i will accumulate small lots starting from 18 and below. Hopefully it dont go to 16!
U read the news on Consistel becoming the 4th telco in spore. I think this is another business opportunity for polaris. From Monday onward i will accumulate small lots starting from 18 and below. Hopefully it dont go to 16!
bravepeanut ( Date: 10-Oct-2014 23:46) Posted:
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They said they will do share placements.
Maybe the current holders will have chance to do it at a lower price. No point rushing in now even though hand itchy.
I already did one average down when it was 21 so not really in a rush to get more
Maybe the current holders will have chance to do it at a lower price. No point rushing in now even though hand itchy.
I already did one average down when it was 21 so not really in a rush to get more