
Huh, it should be okay to invest in 2009.
Sorry to hear your episode. For me, I have some chemistry with GPB. My first entry is $2.50. Just few lots. But due to Asian Crisis, it dropped till $1.50 range and I picked up more at various point since I am flooded with cash at that time! My price range from $1.52 to $1.60. I patiently waited at when it gets passed $2.50, I was so excited! I had to manage my inner self and emotion here on. I started to analyse the situation. This is a highly cyclical stock. When it trend higher, I was so tempted to let go. I resisted but eventually let go at $3.50 for the 5 lots bought at $2.50. I said to myself, for the rest, anything above $3.50 is bonus. Finally I take profit for the rest at $3.78. I did not sell at the highest but I am satisfied. This is real and it helps to cushion the losses for other stocks and I am able to let go emotion and cut losses! I beleive that every person is lucky and unlucky in different ways. So please do not despair, I am sure you do have other winners in your portfolio. In the meantime, I do have some at $1.10. I am tempted to pick up some more as it goes further down.
Beware. Has not improved since so many years. I was in at 2.11 last year when I saw it was quite cheap compared to its NTA of 2.50, but it was a futile wait. Luckily cut loss for a few hundred dollars. Was holding 20 lots. Would have lost a ton if did not exit. Now below $1.00 looks much cheaper. But I won't be touching this anymore. Once bitten twice shy!
Not a call to buy or sell.
OCBC securities report a hold? Due to continued high commodity price? This is a time to pick it up. Need patience. Thinking, thinking....
Below $1 stock now. Due to high material and commodity cost? Once this commodity high take a breather, GP Batteries will certainly perform. Meanwhile, I switched my cash position into CPF. The intrinsic value of this company is much higher than this depressed price.
Buy 29 lots @ S$1.02, Sell 17 lots @ S$1.08.
108(10), 115(5). Closed at 112 yesterday, hmm...
Hi! Is exercising of options considered a way to cash out or showing interests in a company?
Recently notice insider buying albeit small quantities.
http://info.sgx.com/webcorannc.nsf/560dd4b031b97d27482571b20043d38c/0faafcea8a3422454825730000229358?OpenDocument
Is something on. Anyone knows abt it?
Dear Comtech,
Why not wait till its price goes to Sgd. 0.50, would that be cheaper to buy then?
i also agree with u ...com....@$1 or below...u get a bonus...a matak wearing shorts escorting u all the way to the bank to collect your $$$$.
Be patient, wait til go below 1, it will be truly a undervalued penny stock.
i agree with hu....treat it like a FD ...just witness some die hard fan snatching ONE lot @129....forgetting about his $40 commission?...anyway still a good buy...congra.
Dear Readers,
I consider this stock is severely under-valued. I am placing the buy order now, and accumulate around Sgd. 1.29 till Sgd.1.50. Its NTA is above Sgd. 2.50. It is so cheap..........
TA people should steer clear of this illiquid stock.... very low volumes everyday.
A very inactive stock. Looks like bottoming out. However, it may just stay around the current price level for a few months.
Is the worst for GP Batteries over ?
The share price seems to find support at $1.36. Against the overall market, GPB has moved up today to $1.39, on low volume as usual. Its NTA is attractive at about $3.00, a decent 2.5% dividend yield and projected PE of 6 times.
Volume still inconsistent and low.
The volume for this stock has been consistently low. Not a good sign. This shows lack of interest.