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Consolidation is normally used to make money by " insiders" because it has more " juice" to trade down from higher to lower. Are you the insiders or are you the outsiders? 
lol
ur ans like got good and bad le :/
ynnek1267 ( Date: 14-Nov-2013 14:22) Posted:
At first, why consolidate?
Second, any good example after consolidation for S-chip stock?
To hankok, just too many share to issue right, so need to consolidate 10 to 1 to issue right for business expansion.
Expand busiess? to China S-chip, do you believe them will take money to expand or take money to run and spend????
sjZheng ( Date: 14-Nov-2013 14:15) Posted:
So share consolidation is good or bad ah
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At first, why consolidate?
Second, any good example after consolidation for S-chip stock?
To hankok, just too many share to issue right, so need to consolidate 10 to 1 to issue right for business expansion.
Expand busiess? to China S-chip, do you believe them will take money to expand or take money to run and spend????
sjZheng ( Date: 14-Nov-2013 14:15) Posted:
So share consolidation is good or bad ah
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And do not forget about the consolidation exercise, which always tends to be a drag on any stock, no matter the fundamentals. I forgot to write CE in my earlier post. For me, I finally decided against collecting until the px goes to 6cts and below despite initially opining to collect again after seeing the financial statements. Will sit on my current LT holdings for now.
cccx123 ( Date: 14-Nov-2013 14:15) Posted:
You have to decide. But prepare for the worst. You can ask yourself what you will do if Hankore's price trends down over the next few days. If you will feel lousy and agitated then you may not want to buy this stock since that is very possible, as in any stock. On the other hand, if you are buying for value and are prepared to wait for the stock to reflect that, you will not be worried by the day to day px movements, however agitating it may be, even if hypothetically, the px goes all the way to 5cts.
Spivvy ( Date: 14-Nov-2013 14:10) Posted:
Hmmm, ya noe wad u mean but isnt the price now still low? Still below 10cents for a stock like hankore worthwhile to hold and sleep well? Stock like mirach seem dead and doomed liao and im thinking whether to switch that portion over or not. Then wait till 2015. Or wait for mirach. Which is better option |
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You have to decide. But prepare for the worst. You can ask yourself what you will do if Hankore's price trends down over the next few days. If you will feel lousy and agitated then you may not want to buy this stock since that is very possible, as in any stock. On the other hand, if you are buying for value and are prepared to wait for the stock to reflect that, you will not be worried by the day to day px movements, however agitating it may be, even if hypothetically, the px goes all the way to 5cts.
Spivvy ( Date: 14-Nov-2013 14:10) Posted:
Hmmm, ya noe wad u mean but isnt the price now still low? Still below 10cents for a stock like hankore worthwhile to hold and sleep well? Stock like mirach seem dead and doomed liao and im thinking whether to switch that portion over or not. Then wait till 2015. Or wait for mirach. Which is better option?
cccx123 ( Date: 14-Nov-2013 13:56) Posted:
Please do not chase the price. There is still the consolidation hangover. Right now, market is elated because of the financial results and the general market sentiments today, which is buoyant. The worst mistake one can make is buy when there is an uptrend in the hope of selling higher. But then again, it is your money so you can do what you want. Try to manage your risk/s though..
Caveat Empto |
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So share consolidation is good or bad ah
Hmmm, ya noe wad u mean but isnt the price now still low? Still below 10cents for a stock like hankore worthwhile to hold and sleep well? Stock like mirach seem dead and doomed liao and im thinking whether to switch that portion over or not. Then wait till 2015. Or wait for mirach. Which is better option?
cccx123 ( Date: 14-Nov-2013 13:56) Posted:
Please do not chase the price. There is still the consolidation hangover. Right now, market is elated because of the financial results and the general market sentiments today, which is buoyant. The worst mistake one can make is buy when there is an uptrend in the hope of selling higher. But then again, it is your money so you can do what you want. Try to manage your risk/s though..
Caveat Emptor
Spivvy ( Date: 14-Nov-2013 13:52) Posted:
So u buying already?
U mean i shd sell mirach now & switch over to huatkor? Later tml cheong up 6 bids again? Return to 8cents level? |
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So many want to Up lorry to S-Chip. One day happy only, After consolidation, big gap down, cry till no tear.
Please do not chase the price. There is still the consolidation hangover. Right now, market is elated because of the financial results and the general market sentiments today, which is buoyant. The worst mistake one can make is buy when there is an uptrend in the hope of selling higher. But then again, it is your money so you can do what you want. Try to manage your risk/s though..
Caveat Emptor
Spivvy ( Date: 14-Nov-2013 13:52) Posted:
So u buying already?
U mean i shd sell mirach now & switch over to huatkor? Later tml cheong up 6 bids again? Return to 8cents level??
new6ie ( Date: 14-Nov-2013 12:40) Posted:
Hahaha, glad to see you happy now.
Must be careful.   Throw away the lousy shares and use the same amount of money from the proceeds for more solid and promising shares.   Never " tambar" more money in the stock market than your original investments because that will mean overtrading.   Lol.  |
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So u buying already?
U mean i shd sell mirach now & switch over to huatkor? Later tml cheong up 6 bids again? Return to 8cents level??
new6ie ( Date: 14-Nov-2013 12:40) Posted:
Hahaha, glad to see you happy now.
Must be careful.   Throw away the lousy shares and use the same amount of money from the proceeds for more solid and promising shares.   Never " tambar" more money in the stock market than your original investments because that will mean overtrading.   Lol. 
Spivvy ( Date: 14-Nov-2013 11:49) Posted:
new6ie, whats the plan now? Should i sell my red red mirach & switch over to hankore hold until 2015? Or sell hankore now? Or wait & see? |
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How now bro spss, cheong up liao u re-enter?
spss1955 ( Date: 12-Nov-2013 12:23) Posted:
Bro, if it later cheong up, then I'll decide whether to stay out or re-enter. At least I got a choice. If I keep holding and knowing the future for this counter  is still very uncertain, I'll rather hedge my bet and cut loss first...
Spivvy ( Date: 12-Nov-2013 12:12) Posted:
woa bro, not kek sim ah? 8 pips equal to 1.6k nia, ok lar a small loss. Considering you wont know what will happen loss a bit better than you cut later  loss alot. But  if cheong up how? Wont u Feel more shitty? Sianz. |
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Wow, bro you really have good fortune.   Everything I pulled this stance, I got black eye. So nowadays pulling back from big bets.
cccx123 ( Date: 14-Nov-2013 13:06) Posted:
I don't have that much leverage lol.. Around half of that. Was a calculated trade. If it went wrong my bank account might have been drained. Was very risky but the odds were that there would be strong rally today. So used three brokerage accounts to buy. Don't follow this tactic. I promised myself never to do something like that ever again.
Spivvy ( Date: 14-Nov-2013 12:54) Posted:
Ccx must have covered your innopac paper losses liao. Assuming u buy 5000 lots hankore at 6.3 you would have made 20k sum. |
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At least u covered half of your losses overnite alry. In still struggling hard.
cccx123 ( Date: 14-Nov-2013 13:06) Posted:
I don't have that much leverage lol.. Around half of that. Was a calculated trade. If it went wrong my bank account might have been drained. Was very risky but the odds were that there would be strong rally today. So used three brokerage accounts to buy. Don't follow this tactic. I promised myself never to do something like that ever again.
Spivvy ( Date: 14-Nov-2013 12:54) Posted:
Ccx must have covered your innopac paper losses liao. Assuming u buy 5000 lots hankore at 6.3 you would have made 20k sum. |
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I don't have that much leverage lol.. Around half of that. Was a calculated trade. If it went wrong my bank account might have been drained. Was very risky but the odds were that there would be strong rally today. So used three brokerage accounts to buy. Don't follow this tactic. I promised myself never to do something like that ever again.
Spivvy ( Date: 14-Nov-2013 12:54) Posted:
Ccx must have covered your innopac paper losses liao. Assuming u buy 5000 lots hankore at 6.3 you would have made 20k sum. |
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Ccx must have covered your innopac paper losses liao. Assuming u buy 5000 lots hankore at 6.3 you would have made 20k sum.
My broker asked me to vest in this counter early this week  saying he is 60% confident on  hankore's result.    so I loaded in a small amount.
Share7 ( Date: 14-Nov-2013 12:28) Posted:
Fortune favours those who have done their due diligence on the company and business, believe in their own value judgment and patient and persevere with the market cycle. 
JexxeLivermore ( Date: 14-Nov-2013 12:10) Posted:
Well done! You guys here have better stamina and guts than I do.
Fortune favours the brave.
All the best!
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Hahaha, glad to see you happy now.
Must be careful.   Throw away the lousy shares and use the same amount of money from the proceeds for more solid and promising shares.   Never " tambar" more money in the stock market than your original investments because that will mean overtrading.   Lol. 
Spivvy ( Date: 14-Nov-2013 11:49) Posted:
new6ie, whats the plan now? Should i sell my red red mirach & switch over to hankore hold until 2015? Or sell hankore now? Or wait & see? |
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Thank you.. I channeled the profits into a Chinese construction and property development company called WeiYe. Another china play and currently trading at a discount to its NAV. With rising property prices and a vibrant economy, WeiYe is set to blaze the growth path.
But am a little apprehensive about the plenum meeting in china because they may announce promptly cooling measures which might affect the company's top and bottom lines negatively so just bought a little first. :)
new6ie ( Date: 14-Nov-2013 11:10) Posted:
Now, at least you can clear your mind and concentrate on other counters without having got to worry about consolidation and what will happen after that.
  Congrats, bro.   So you won't be competing with fellow shareholders for food anymore, right?   Heave of relief for some, hahaha! 
cccx123 ( Date: 14-Nov-2013 11:07) Posted:
Yesterday was surprised to get all my 6.3cts (xxxx lots) then was made to sweat when px closed at 6.2cts. Last night could not sleep lol. |
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Kamsia. Same same to you. Huat ahh!!
JexxeLivermore ( Date: 14-Nov-2013 12:32) Posted:
Hope you make lots and lots of money
Share7 ( Date: 14-Nov-2013 12:28) Posted:
Fortune favours those who have done their due diligence on the company and business, believe in their own value judgment and patient and persevere with the market cycle.  |
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Hope you make lots and lots of moneyShare7 ( Date: 14-Nov-2013 12:28) Posted:
Fortune favours those who have done their due diligence on the company and business, believe in their own value judgment and patient and persevere with the market cycle. 
JexxeLivermore ( Date: 14-Nov-2013 12:10) Posted:
Well done! You guys here have better stamina and guts than I do.
Fortune favours the brave.
All the best!
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