Latest Forum Topics / HanKore Env | Post Reply |
Hankore onward march to 8-10cts.
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wxp8838
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18-Oct-2013 15:26
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Noted,and yeaterday same.just don't understand what the hell is going on .
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leeeta
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18-Oct-2013 15:23
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its called collection time.. dont forget CK can play left and right..and they have the patience to wait and collect. So what they do is try to depress the price but not too much to hurt but for them to collect..Currently they are collecting la..for the next wave up. Join them lo...for LT and ST .. for ST, see the lows they push and join them there. 
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leeeta
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18-Oct-2013 15:20
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You can check that the CKs are selling down (6 lots, 3 lots plenty of them if you can see time and sales) in the hope of buying up lower and then push to 72 - 73 closing like yesterday.. :)
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blurtrader
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18-Oct-2013 15:19
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  i dunno if anyone notices it, it seems to b the same play when the price hovers around 54/55/56 |
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leeeta
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18-Oct-2013 15:17
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CK scalping time...they will erect hopefully in a while. I am q-ing at 7.0 and 7.1.
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cccx123
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18-Oct-2013 15:02
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Lol the wall came down..
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leeeta
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17-Oct-2013 22:56
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Today noticed CK building up wall at 7.2cts for HK. Share price journeyed to 7.0 - 7.1 but was quickly stabilized by CK to 7.2-7.3. Next wave up should be from this base. Compared to other pennies, HK can be considered solid. Soon its going to cost more to buy than Blumont..lol. | ||||
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spss1955
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17-Oct-2013 22:55
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Join hands with you guys again. managed to re-enter at 7.2. Heng ah.
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leeeta
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17-Oct-2013 22:47
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Just received my copy today, will spend sometime over the weekend to have a thorough read.  I will most certainly be there at the AGM   ..hope to meet some of you guys.
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leeeta
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17-Oct-2013 22:39
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2 sides to a coin. Some growing companies uses this capital position to their advantage ie   Amazon during the dotcom era, Walmart etc. If a company is growing, this   position can be advantageous working capital position becoz it literally " coins" money for the company. Great for companies with long term contracts where they collect cash upfront so that they can pay. For HK to use this position, it also means that there are expectation of revenue growth. Of coz it has its risk tho ..but i think for HK and in this sort of industry they are in, its should be good...different business has different working capital profiles and there are pros and cons for each profile.  
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cccx123
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17-Oct-2013 22:08
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Just skimped through their Annual report. My main concern will naturally be the negative working capital or negative net current asset value. Should there be a liquidity crunch like the one that brought down bio-treat..I fear the worst. Will not be able to make the AGM sadly.. Have other commitments on a Tuesday morning. Sian.. | ||||
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mgrow2013
Member |
17-Oct-2013 21:58
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If too good, might get "circuit breaker" treatment...
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Nokita
Senior |
17-Oct-2013 20:56
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Maybank says Hankore may be a good turnaround story http://www.nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/7390-hankore-yangzijiang-get-singled-out-in-respective-industries |
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cccx123
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17-Oct-2013 17:06
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Got my 7.3cents at closing match. Let's see what tomorrow brings.. : )
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cccx123
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17-Oct-2013 16:51
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Never get my 7.2cents.. Queuing 7.3cents now.. At least is below my sell price from before lol
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leeeta
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17-Oct-2013 16:36
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CK making 7.2 as ground 0 for its climb to Mt Everest. :)
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leeeta
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17-Oct-2013 15:46
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does not mean you cannot trade or play contra..just that you cannot play margin. anyway..Ck block wall at 72. good luck to you if you your basket is still at 6.7cts. 
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wxp8838
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17-Oct-2013 15:38
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Good for you .
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cccx123
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17-Oct-2013 15:36
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They helping me bring price down so I can buy :p
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wxp8838
Senior |
17-Oct-2013 15:20
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Kim eng make hankore unmarginable yesterday,what does it mean?masters | ||||
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