Latest Forum Topics / Hiap Tong Last:0.08 -- | Post Reply |
Undervalued ?
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SFGuyRuleZ
Veteran |
23-Aug-2013 23:16
Yells: "You are your own master.." |
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Disclaimer: All my analysis below are based on paper and also my own belief and judgement for the company. Please always do your own due diligence before investing. Quoted from Peter_Pan: " My money my call, your money your call.." . =) |
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alvinngsh
Senior |
23-Aug-2013 23:10
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ya  right.
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SFGuyRuleZ
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23-Aug-2013 23:08
Yells: "You are your own master.." |
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Hmm, I don't quite get what you mean.. =X If many shortists short and they fail to drive down the price, most likely when they cover back it will cause a surge in price. Is that what you mean? =)
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SFGuyRuleZ
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23-Aug-2013 23:05
Yells: "You are your own master.." |
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Yea, I no time to monitor. But anyway when the price rises so fast , I know there is also a chance it may fall fast, which was why i locked half at 0.355 first that time. Before that " pump and dump" , Hiap Tong actually has a very nice chart, rising slowly and steadily with many small white candles, though volume was pathetic at that time. Is ok la, just treat as long term investment lo. Haha..=)
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alvinngsh
Senior |
23-Aug-2013 23:00
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Bro I am not shortist, but to confirm if there no shorting means price will not move am I right??????
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alvinngsh
Senior |
23-Aug-2013 22:55
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Hi Bro I thought u sold all, anyway 0.22 same as previous brought.  I  sold  all and including contra at  0.33 to 0.385,  did lost some when price fall all the way down ( not believe ). AS for  long term I think it is still a potential company.  
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SFGuyRuleZ
Veteran |
23-Aug-2013 22:26
Yells: "You are your own master.." |
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Shorting at low is equivalent to buying at high => high risk!! They must have their own judgement and analysis to short. Whatever it is, it is a free market out there. Let's not be too bothered.. =)
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SFGuyRuleZ
Veteran |
23-Aug-2013 22:20
Yells: "You are your own master.." |
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Sorry, support is @ 0.21..
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SFGuyRuleZ
Veteran |
23-Aug-2013 22:18
Yells: "You are your own master.." |
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This is not a rubbish counter, even though it is penny. There is a significant rise in the amount of money from $5.329 million to $9.625 million used for the acquisition of property, plant and equipment in 2013 compared with 2012. Furthermore, from the recent placement of shares, part of $3.341 million dollars spent has been used also for capital expenditure. These signifies growth for Hiap Tong. Riding along the construction and oil, gas and marine industries boom in Singapore, and with reputable clients like Exxon Mobil, Keppel, Sembmarine, Rotary Engineering, etc..., Hiap Tong is poised for good revenue and earnings, perhaps back to it's prime during 2010, and maybe even better. As the economy show signs of recovering also, there maybe additional trading income from cranes and other equipment again. I dunno what price u bought but I was vested at 0.22 before I sold half my lots at 0.355. Then it went all the way down again to the price now. Should have sold when I saw the " shooting star" pattern. Nevertheless, I am not vested too heavily in this and therefore not really too bothered. I believe there's growth and potential for this counter. My fair value of $0.33 as of now for Hiap Tong as a growing company still maintain. Hope I can somehow make you feel better. Current support is @ 0.22, resistance @ 0.235. =)
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hopinj
Member |
23-Aug-2013 22:14
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Already so low and still short? .21 must not break!
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SFGuyRuleZ
Veteran |
23-Aug-2013 21:56
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Use of proceeds from private placement of shares Out of $5 million allocated for capital expenditure and marketing expenses, $3.341 million dollars has been used. Out of $5.59 million dollars allocated for general working capital purposes, $1 million has been used. Total of $4.601 million dollars have been used out of $10.85 million raised, leaving still a balance of $6.249 million. Source: http://infopub.sgx.com/FileOpen/UseofProceedsfromSharePlacement_Final.ashx?App=Announcement& FileID=252424 |
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louis_leecs
Elite |
23-Aug-2013 19:35
Yells: "half cash" |
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Hiap tong exposé to short position 4.5million.....today ,,under radar short,,,,,,bro and sister,,,,, | ||||
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louis_leecs
Elite |
23-Aug-2013 17:07
Yells: "half cash" |
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Morning and yesterday buy low one sell off at 22cts,,,,,so 23cts soon will clear next week | ||||
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hopinj
Member |
23-Aug-2013 16:29
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but why would they be buying it up? this counter is full of sellers, do you think they would want to buy up?
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ruready
Master |
23-Aug-2013 16:12
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seller more and more,,,, wait for uob kh hse to eat | ||||
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sk6666
Veteran |
23-Aug-2013 15:41
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join the q. | ||||
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sk6666
Veteran |
23-Aug-2013 15:40
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ok. I bet small small here. | ||||
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ruready
Master |
23-Aug-2013 15:39
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lai liao,,,,,,hoot ah | ||||
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hopinj
Member |
23-Aug-2013 15:25
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the engine ganna choked...look like another powerless try... |
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ruready
Master |
23-Aug-2013 15:10
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placement at 0.215cts,,,,so is time reverse liao.....accumulate at uobkh hse this fill day......SUPER BB | ||||
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