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How low can it go
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knightrider
Elite |
29-Mar-2010 11:41
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But, as I say I am very greedy ! I did make some around S$16K from this counter after the scandal is over. To be fair, I did make profit in the beginning! I buy S$0.07 and sold S$0.11 before. Thus, the 2nd round I just go in when it drop back to S$0.09, and keep averaging down till begin last year or end 2008 then stop ! So now if calculate, take $5 -S$32K +S$16K, my paper lost is S$11K. Upset, no choice, blame ourselves, broker want to earn my commission and saw I make profit 1st round. Sorry to everyone who did follow me in the begining and the 1st round, I am to be blame, I apologise ! Good Luck !!! |
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knightrider
Elite |
29-Mar-2010 11:33
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Was dam "Kek sim" - heart pain ! I buy and I thought the whole ACCS saga is over and buy, then drop and then buy to average and then broker says don't worry. I also partly to blame myself, I am a very greedy person, what to do, thought can average, imagine keep buying and keep averaging down and down ! Today, I call my broker, still says no choice liao, you need to average ! But I am not stupid to keep buying, I parked this counter since last whole year, if I can remember, the last round I buy is S$0.005 and still this price today. No cheaper than this liao. If to sell S$0.01, wait long long lor. DEAD COUNTER
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AnthonyTan
Elite |
29-Mar-2010 11:33
Yells: "patience" |
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In the bussiness world, I am sure your have read alot about company CEOs falsifying financial accounts for their own benefits.Likewise, look at some of the China s-chips. Sometimes it's unavoidable because you are unaware.. Many mkt darlings become junks later.
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tchoonw
Veteran |
29-Mar-2010 11:20
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are u aware of the accs scandal when u buy this junk? if no, go and read abt it...just wonder the ex-ceo and ex-cfo that went jails, they must be happily counting $$$ at home now!
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knightrider
Elite |
29-Mar-2010 11:12
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Hey brothers and sisters ! I think this is a dead counter la, I got 1million shares (cost S$32,8XX) on this, already right off from my portfolio since 2008 ! As long as it is not delisted, I prepared to past down to my grandchildren - listen properly, not even my son ! This is a dead counter, kana con into buying this counter by my broker ! This one got fight when compare with SunMoon !
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AK_Francis
Supreme |
29-Mar-2010 10:51
Yells: "Happy go lucky, cheers." |
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Its FY was all time Red, since 2005. D only consolation could be it last losses was only 2.5 mil as compared to 23 mil in d preceeding FY. 2011 could be d crucial yr for him, if SGX has no mercy, AK guesses only. |
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Hulumas
Supreme |
29-Mar-2010 09:18
Yells: "INVEST but not TRADE please!" |
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So I must sell too just follow the crowd, shoud I ?
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AnthonyTan
Elite |
29-Mar-2010 09:12
Yells: "patience" |
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The great spore sales.The lowest share px on the SGX. No buyers at half a cent. |
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Hulumas
Supreme |
19-Mar-2010 15:26
Yells: "INVEST but not TRADE please!" |
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Well after MDR reachs Sgd. 0.01, I 'll take care NEW WAVE at Sgd. 0.01 and subsequently, after NEW WAVE has reached Sgd. 0.015, I 'll take care another Pennies at price Sgd. 0.015 and so on! This year I 'll trade and invest purely on Pennies, while all my big cap , mid cap and small cap counters all I set into static holding of them and riding profit without any trade to optimizing my profit!
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Hulumas
Supreme |
19-Mar-2010 14:59
Yells: "INVEST but not TRADE please!" |
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A good sign today 100% capital gain. Ha. ha.. ha...
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Hulumas
Supreme |
04-Mar-2010 15:56
Yells: "INVEST but not TRADE please!" |
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Share consolidation is not a wise measure with > 5 billions shares issued.(dilution of share will not protected the value of all share holder keep droping). The best corporate action next is share swap by merger and acquisition!
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Hulumas
Supreme |
04-Mar-2010 11:57
Yells: "INVEST but not TRADE please!" |
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My guess should be bottomed out from Sgd. 0.005 and very worth investing. CAVEAT EMPTOR.
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Hulumas
Supreme |
04-Mar-2010 11:55
Yells: "INVEST but not TRADE please!" |
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It is a pity, they must focus the market to BRIIC countries!!! BRAZIL, RUSSIA, INDIA, INDONESIA and PEOPLES' REPUBLIC OF CHINA. Simply because they are the most densed populations and the huge demand of the products is there!!!
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Hulumas
Supreme |
04-Mar-2010 11:49
Yells: "INVEST but not TRADE please!" |
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BOOM or BURST, is on the GOD hands.
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Richman
Veteran |
04-Mar-2010 10:20
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This company created headlines in a few years ago regarding Rokia Handphones and now they are also doing servicing for Sunnyariston Handphones. |
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AnthonyTan
Elite |
04-Mar-2010 09:56
Yells: "patience" |
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Ppl sell at its lowest, 0.005. It can never never fall further unless there is a share consolidation or pok |
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