
25cts? hahaha... you must have just shorted it.
Sounds logical but 25cents is way too low i think. 70 cents already alot of people will find the highest building to jump .
Those with strong personal biases and emotional attachment must be averaging down and listening to class 95FM. Only the good stuff.
  NAV is around 25c after stripping provisions for almost 12b HTM assets in the event if a credit implosion triggered by illegal bond and weath mgmt crackdown in china does implode. Accounting rules will mandate making provisions for such losses if they occur so for value investors they might start bargain hunting nearer to that level and hope those provisions would be written back after govt intervention and sale of remainding value of any collaterals seized . By late 2014 , shipping cycle would have bottom up and start its slow recovery and ship builders might get defense contracts from building warship carriers in   China military strategic push. Yes cheap can get cheaper.Good things are not cheap for a long time and for no reasons.Be greedy only when people are fearful, now it doesnt seems to be scary yet. when it nearer to 25c its gets scarier and bargain hunters get greedier. The those diehard optimist who average down from $2 will eventually die of a broken heart and sell out exactly when the shares bottom out when there are no more sellers and will start a slow recovery........... if the company survives.
Thanks. Will take note of your kind advice.
Wind will blow and trees will fall,
How it fall depend how long  the wind blow,
Why don't wait, for the wind to stop,
If not,  sure fall when the wind still blow,
After  that u can climb, to had the best view up there,
 
 
warrenbegger ( Date: 14-May-2013 12:08) Posted:
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Bro so fast at 0.80 all in? Leave some bullet if drop later. Anyway, this ship wont sail so fast. I intend to keep till end of this year then decide again. So far 3/4 i paid with my cpf n 1/4 cash. Money in cpf still cant withdraw so let it be. I dun want to trap all my money there. Best of luck to us. Hope got big bonus end of this year.
Flyordie ( Date: 10-Jun-2013 20:26) Posted:
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At 0.84 I already half in. 0.8 I will show hand. Good bye to HPH,Genting and SPH if the day come.
gavinl ( Date: 07-Jun-2013 22:06) Posted:
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On lah. :)
beginners ( Date: 10-Jun-2013 19:24) Posted:
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That's good. See you onboard the ship again when the next low price dip:)
gavinl ( Date: 10-Jun-2013 18:50) Posted:
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This is my only opened losing counter. After i have clear the rest, will fully focus on this ship.
Very nice! Continue to Short down somemore!:). Getting near to 0.8
Today a new low
0.78 i will all in.
That's good. 0.84. Hope next week short down somemore to 0.8 or below.
Lol, bro, not yet lah. Not so soon.
tanweechong ( Date: 07-Jun-2013 17:39) Posted:
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congrats......huat ar!!!!
gavinl ( Date: 07-Jun-2013 17:14) Posted:
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congrats......huat ar!!!!
gavinl ( Date: 07-Jun-2013 17:14) Posted:
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Got my 20lots matching @ 0.84 just now.
Now average is 0.853 . Will add more if drop some more. Max for me is 200lots. Part cash n part cpf.
Now average is 0.853 . Will add more if drop some more. Max for me is 200lots. Part cash n part cpf.
gavinl ( Date: 15-May-2013 09:52) Posted:
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Prices are  at lower low  while RSIs are at  higher low.
At 0.845. Down to reach my target 0.8. Wait patiently.