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So the answer is price trading down.
blueberry ( Date: 06-Jun-2012 08:19) Posted:
thunderdoor ( Date: 05-Jun-2012 17:28) Posted:
| Up to you to figure out what I'm driving at. (Not difficult |
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Hope it's ready for showtime tomorrow.
thunderdoor ( Date: 05-Jun-2012 17:28) Posted:
Up to you to figure out what I'm driving at. (Not difficult)
blueberry ( Date: 05-Jun-2012 14:41) Posted:
| In the last statement '
the current price may not stay current for long. ' means price will move up or down? |
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Ok. thank you.
thunderdoor ( Date: 05-Jun-2012 17:28) Posted:
Up to you to figure out what I'm driving at. (Not difficult)
blueberry ( Date: 05-Jun-2012 14:41) Posted:
| In the last statement '
the current price may not stay current for long. ' means price will move up or down? |
|
|
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Up to you to figure out what I'm driving at. (Not difficult)
blueberry ( Date: 05-Jun-2012 14:41) Posted:
| In the last statement '
the current price may not stay current for long. ' means price will move up or down? |
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In the last statement '
the current price may not stay current for long. ' means price will move up or down?
Think this is a buy anywhere below Toyota's stake price of 21c. Despite the massively discounted pricing, one can consider that it may be Sin Heng that wants/needs Toyota's expertise and connections in their company rather than the other way round. Sin Heng would be able to see further growth and success with Toyota, but Toyota would be just fine without Sin Heng. Given this rationale, it is easier to see why Toyota would have been able to negotiate into the seemingly bargain price.
And what with Sin Heng's 50/50 stake with StarHigh in Myanmar, Toyota's real agenda might be to use Sin Heng as an avenue to penetrate into the Burmese market.
All this is merely speculation, but to be backed by a global player and (coincidentally or otherwise) be driven by the Myanmar rush- the current price may not stay current for long.
So far so good with these stocks.
Keep on going up.
Today is a good day for those Myanmar related stocks.
Up for Interra Res, Yoma, Sin Heng, TT, Tiong Woon,....
Sin Heng was the top active counter yesterday. However the (bought) volume transacted was still not good enough to reverse the trend.
Nowdays I don't suggest to long..
Unless you got deep pockets of $$
Even then its better to trade with care..
What is a good price to accumulate?
Once when it hit their TP, attractive TP. How much attractive is attractive to them?? - I really don know.
maanchod ( Date: 28-May-2012 16:37) Posted:
Isn't it good for it to fall now. Time for some people to accumulate.
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Sin Heng Heavy, really heavy, kena shot at...
likely timing for collection...Happi Trading, err...speculating.
Sin Heng Last Done:0.215 Vol: 76,015,000 million share changed hands 
-0.05 ctsmedivh ( Date: 28-May-2012 09:51) Posted:
Gd luck to those who went in at a high on 24th...
Sometimes closing at high doesn't really mean it will go higher next day..
Ppl buy on rumour and sell on news.. today I see many jaws drop ..
Dont get caught up with emotions.. dont be the last to hold on to the baby. |
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Once it breaks down it's best to exit first to play safe, don't think twice. Come back if it reverses back again.
maanchod ( Date: 28-May-2012 16:37) Posted:
Isn't it good for it to fall now. Time for some people to accumulate.
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Isn't it good for it to fall now. Time for some people to accumulate.
Sin Heng falls after stake sale news
Shares of Sin Heng Heavy Machinery fell as much as 17% after Toyota Tsusho Corp acquired a 27% stake in the Singapore heavy lifting services firm at a discount to the last traded price.
Toyota, a member of Toyota Motor Corp Group, bought around 123.8 million shares in Sin Heng from its controlling shareholder SEAVI Advent Equity V (C) Ltd for $26 million.
That translates to $0.21 per share, a 20.75% discount to its closing price of $0.265 last Thursday before the company requested a halt in trading of its shares. The stock had risen nearly 13% before the halt.
“People were already buying the stock before the news and they were probably expecting a premium. But the offer was quite disappointing because it was a fairly big discount to the last traded price,” said a local trader.
By the first 45 minutes of trading on Monday, Sin Heng shares were down 15% at $0.225 on volume of 31.5 million shares, 1.4 times the average full-day volume over the past 30 days.
Sin Heng shares were the second-highest traded stock by volume in the Singapore market on Monday.
Hmmph, heavy selling today.
Gonna wait for a while longer.
The price on 24 May was for the Japanese to buy.
Look at the price today and see how it will move from here.
Exercise your judgement.
Gd luck to those who went in at a high on 24th...
Sometimes closing at high doesn't really mean it will go higher next day..
Ppl buy on rumour and sell on news.. today I see many jaws drop ..
Dont get caught up with emotions.. dont be the last to hold on to the baby.
