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Contel should clear 66 & 68 before it is considered bullish again. Looks like heavy sell already.
contel is just omg!!
http://stockmarketmindgames.blogspot.sg/2013/04/contel-corp-auditors-queried.html
Will drop further, short short! Weee
Not really... Many newbies also read your posts ...
and many will eavesdrop and happily act on it too.
yummysukiyaki ( Date: 09-Apr-2013 09:29) Posted:
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student...Conversation is between Bopanha and me, ok?
My ballz went missing. lol 1k lot, stuck high up. didnt sell during profit and loaded up more.
My mum (the bb) is correct. CB. always listen to your lao bu. tmd.
kye_lin ( Date: 09-Apr-2013 09:26) Posted:
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Habis liao.....guess will go back to 0.05 range soon....wth the fatt stupid ass hole will make situation worst.
Yep on u with that.. Now those who exited earlier can look at a possible re-entry.
sk6666 ( Date: 09-Apr-2013 09:23) Posted:
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If you feel like buying, then by all means buy it yourself.
But never never suggest to others to buy or sell.
yummysukiyaki ( Date: 09-Apr-2013 09:22) Posted:
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I admire all the optimism some have with this counter.... balls of steel sia...
No idea.. But looks like its a target for shorts now.
commando ( Date: 09-Apr-2013 09:16) Posted:
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And the funny thing about it, if you realised, is that the audited financial report is in fact 'healthier' than the previously reported one!
@[... Headline today : Young man jumped off buliding...]
Not surprising if true. And not just young men.
In stocks and casino, men of all ages are susceptible to jump too. Such is the reality.
second that..
iPunter ( Date: 09-Apr-2013 08:13) Posted:
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This is what I meant by high risk! Hope no innocence got stuck!
The price was 0.094 when I last posted. Now, it has fallen to 0.066 now.
Good Luck!
sk6666 ( Date: 05-Apr-2013 13:16) Posted:
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Bopanha....Wah...this type of report is misleading, ya? ....Can buy in again soon...Haha
... price drop partly due to this independent auditor report ....
Without qualifying our opinion, we draw attention to Note 2.2 to the financial statements. The Group incurred a net loss of US$1,121,000 and net cash used in operating activities of US$556,000 for the financial period from 1 April 2012 to 31 December 2012. Furthermore, the Group’s and the Company’s current liabilities exceeded current assets by US$1,090,000 and US$1,347,000 respectively as at 31 December 2012. The Group is reliant on its existing cash and bank balances for its continuing operations which show a balance of approximately US$138,000 as at 31 December 2012. These factors indicate the existence of a material uncertainty which may cast significant doubt about the Group’s and Company’s ability to continue as going concerns. The ability of the Group and Company to continue as going concerns is dependent on the Group’s ability to generate cash inflows from its existing operating activities and to raise additional funds from investors.
If the Group and Company are unable to continue in operational existence for the foreseeable future, the Group and Company may be unable to discharge their liabilities in the normal course of business and adjustments may have to be made to reflect the situation that assets may need to be realised other than in the normal course of business and at amounts which could differ significantly from the amounts at which they are currently recorded in the balance sheets. In addition, the Group and Company may have to reclassify certain non-current assets as current assets. No such adjustments have been made to these financial statements.
Obviously I think people who long have confidence in the group, and people who short would like to bad mouth the company. Today's fall is a good example of shortists taking advantage, but I think it (shorting) has been overdone for a group that is going to turn around and with acquisition at hand.
yummysukiyaki ( Date: 09-Apr-2013 09:11) Posted:
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Yeah, they purposely make use of the news and shorted it. My heart went CMI.
Headline today : Young man jumped off buliding.
commando ( Date: 09-Apr-2013 09:16) Posted:
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Short ?!!?!