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new6ie Senior	04-Nov-2013 15:15        new6ie About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't buy this counter, lah. Too much shares, very hard to move up. BBs fooling and flaunting around.  MichaelSchenker      ( Date: 04-Nov-2013 15:09) Posted: It's the opposite. Note opening, high, low is 0.002. That means in order to be a " done" deal, somebody must SELL to the bidder at 0.002. Notice there isn't any 0.003 done. This is not good for this counter, at least for the short term. Once the 0.002 bidders are cleared, the 0.001 will appear and don't be surprised to see 0.001 deal done. aj2invest      ( Date: 04-Nov-2013 15:01) Posted: Pardon my ignorance, but it looks like there's a lot of buying up going on today? Anything in the works?
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MichaelSchenker Member	04-Nov-2013 15:09        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	It's the opposite. Note opening, high, low is 0.002. That means in order to be a " done" deal, somebody must SELL to the bidder at 0.002. Notice there isn't any 0.003 done. This is not good for this counter, at least for the short term. Once the 0.002 bidders are cleared, the 0.001 will appear and don't be surprised to see 0.001 deal done. aj2invest      ( Date: 04-Nov-2013 15:01) Posted: Pardon my ignorance, but it looks like there's a lot of buying up going on today? Anything in the works?
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aj2invest Senior	04-Nov-2013 15:01        aj2invest About Contact  Quote this Post!
x 0   x 0  Alert Admin	Pardon my ignorance, but it looks like there's a lot of buying up going on today? Anything in the works?
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wendel Master	01-Nov-2013 13:26        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thx bro...got it. new6ie      ( Date: 01-Nov-2013 12:29) Posted: No, no.   Provided the shares of new consolidated shares moves up, your investment value in the company will remain roughly the same. Consolidation is reverse split   It reduces the number of issued shares of a company.   We are talking about 10:1, so your Sunmoon will be 30 pips if it was 3 pip, but your 1000 lots will become 100 lots. So if the investment currently is $3000 (3 pips), the new 100 consolidated lots will also be $3000 because the pips become higher but the lots become lower.   It is just what people may crudely say 'tis L.P.P.L.   (" Low Point, Point Low" means the same thing).Hahaha.... If the consolidation is 100:1, then the scenario will be your 1000 lots become 10 lots but the new price could be 20 to 30 cents (based on 2 to 3 pips) Thus it might be good and it might be bad.   But generally I think consolidation for a profit making company is good but for a loss trading company it is bad, because the trading spread and movements will be wider,   and therefore if price goes up you can make more.   Eg. if trading Buy/sell 19/20 cents: is bad, but trading at buy/sell 31/32 cents is: good. If SUNMOON is ready to declare more and more profits, then can consolidate.   If no consolidation there is a problem for players.   Buy 3 pips, sell 2 pips with say 1000 lots will lose $1000.   Buying lesser lots also problematic as the commission is relatively high for lesser number of lots. Sunmoon quick cheong, don't wait 100 years.   We don't live that long and your directors also won't live that long.... Hahahaha.  wendel      ( Date: 01-Nov-2013 09:31) Posted: Thx bro...last q rgrds to consolidation.....my 1000 lots is still 1000 lots but the worth has increased to 20/30 pips
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new6ie Senior	01-Nov-2013 12:29        new6ie About Contact  Quote this Post!
x 0   x 0  Alert Admin	No, no.   Provided the shares of new consolidated shares moves up, your investment value in the company will remain roughly the same. Consolidation is reverse split   It reduces the number of issued shares of a company.   We are talking about 10:1, so your Sunmoon will be 30 pips if it was 3 pip, but your 1000 lots will become 100 lots. So if the investment currently is $3000 (3 pips), the new 100 consolidated lots will also be $3000 because the pips become higher but the lots become lower.   It is just what people may crudely say 'tis L.P.P.L.   (" Low Point, Point Low" means the same thing).Hahaha.... If the consolidation is 100:1, then the scenario will be your 1000 lots become 10 lots but the new price could be 20 to 30 cents (based on 2 to 3 pips) Thus it might be good and it might be bad.   But generally I think consolidation for a profit making company is good but for a loss trading company it is bad, because the trading spread and movements will be wider,   and therefore if price goes up you can make more.   Eg. if trading Buy/sell 19/20 cents: is bad, but trading at buy/sell 31/32 cents is: good. If SUNMOON is ready to declare more and more profits, then can consolidate.   If no consolidation there is a problem for players.   Buy 3 pips, sell 2 pips with say 1000 lots will lose $1000.   Buying lesser lots also problematic as the commission is relatively high for lesser number of lots. Sunmoon quick cheong, don't wait 100 years.   We don't live that long and your directors also won't live that long.... Hahahaha.  wendel      ( Date: 01-Nov-2013 09:31) Posted: Thx bro...last q rgrds to consolidation.....my 1000 lots is still 1000 lots but the worth has increased to 20/30 pips? new6ie      ( Date: 31-Oct-2013 15:20) Posted: Most directors have their shares leverage in one way or another.   Usually they use bank money on their personal accounts, unless all they have is solid cash notes hidden below sleeping pillows, hahaha, then they don't need to use bank money for overdrafts, property mortgages, mistress' costly gift items, flashy cars and so forth and so forth.   In net worth most of them are millionaires but since they could likely use leverage to make more money, there is a danger if share prices plunges and their assets dwindled down from 100 million dollars to 20 million dollars, and they owed 10 million dollars.   The bank also kiasu will call them to top up the difference between current value and previous value in which the bank granted the advances.   So it is commonly known as margin call. Funds have money but they are managed in such a ways to prevent too much risks.   Because sunmoon sellers continue to load the sell side, whenever the funds (if there are doing it) buy and buy they will at some point exhaust the limit to buy.   So cannot finish buying.   Hahaha. Consolidate means to bundle a few shares to become one share, and use the post consolidated share as the new share to trade with a new price (usually the sum of the previous price X the number used to consolidate the shares. Eg if   the consolidation is 10 to 1, then 10 lots will become 1 lot of share. If for example sunmoon consolidate this way, the old 10 lots of sunmoon will become 1 lot of new sunmoon.   Thus the price traded for the new sunmoon will be 20 to 30 pips from the current 2 pips to 3 pips.   Understand?
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wendel Master	01-Nov-2013 09:33        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mid of Nov...it's Q3 result shld b out.
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wendel Master	01-Nov-2013 09:31        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thx bro...last q rgrds to consolidation.....my 1000 lots is still 1000 lots but the worth has increased to 20/30 pips? new6ie      ( Date: 31-Oct-2013 15:20) Posted: Most directors have their shares leverage in one way or another.   Usually they use bank money on their personal accounts, unless all they have is solid cash notes hidden below sleeping pillows, hahaha, then they don't need to use bank money for overdrafts, property mortgages, mistress' costly gift items, flashy cars and so forth and so forth.   In net worth most of them are millionaires but since they could likely use leverage to make more money, there is a danger if share prices plunges and their assets dwindled down from 100 million dollars to 20 million dollars, and they owed 10 million dollars.   The bank also kiasu will call them to top up the difference between current value and previous value in which the bank granted the advances.   So it is commonly known as margin call. Funds have money but they are managed in such a ways to prevent too much risks.   Because sunmoon sellers continue to load the sell side, whenever the funds (if there are doing it) buy and buy they will at some point exhaust the limit to buy.   So cannot finish buying.   Hahaha. Consolidate means to bundle a few shares to become one share, and use the post consolidated share as the new share to trade with a new price (usually the sum of the previous price X the number used to consolidate the shares. Eg if   the consolidation is 10 to 1, then 10 lots will become 1 lot of share. If for example sunmoon consolidate this way, the old 10 lots of sunmoon will become 1 lot of new sunmoon.   Thus the price traded for the new sunmoon will be 20 to 30 pips from the current 2 pips to 3 pips.   Understand?   wendel      ( Date: 31-Oct-2013 13:52) Posted: What's a margin call? Fund mgr cannot finish buying....reason? Don't quite understand if u hv $$$...can't finish buying? What it means to consolidate? Paiseh...knowledge gathering...
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new6ie Senior	31-Oct-2013 15:20        new6ie About Contact  Quote this Post!
x 0   x 0  Alert Admin	Most directors have their shares leverage in one way or another.   Usually they use bank money on their personal accounts, unless all they have is solid cash notes hidden below sleeping pillows, hahaha, then they don't need to use bank money for overdrafts, property mortgages, mistress' costly gift items, flashy cars and so forth and so forth.   In net worth most of them are millionaires but since they could likely use leverage to make more money, there is a danger if share prices plunges and their assets dwindled down from 100 million dollars to 20 million dollars, and they owed 10 million dollars.   The bank also kiasu will call them to top up the difference between current value and previous value in which the bank granted the advances.   So it is commonly known as margin call. Funds have money but they are managed in such a ways to prevent too much risks.   Because sunmoon sellers continue to load the sell side, whenever the funds (if there are doing it) buy and buy they will at some point exhaust the limit to buy.   So cannot finish buying.   Hahaha. Consolidate means to bundle a few shares to become one share, and use the post consolidated share as the new share to trade with a new price (usually the sum of the previous price X the number used to consolidate the shares. Eg if   the consolidation is 10 to 1, then 10 lots will become 1 lot of share. If for example sunmoon consolidate this way, the old 10 lots of sunmoon will become 1 lot of new sunmoon.   Thus the price traded for the new sunmoon will be 20 to 30 pips from the current 2 pips to 3 pips.   Understand?   wendel      ( Date: 31-Oct-2013 13:52) Posted: What's a margin call? Fund mgr cannot finish buying....reason? Don't quite understand if u hv $$$...can't finish buying? What it means to consolidate? Paiseh...knowledge gathering...    new6ie      ( Date: 31-Oct-2013 13:04) Posted: Don't worry lah.   The maximum lowest price is currently the 2/3 pips.   Should it go lower, then the CEO might probably have a margin call. One thing for sure is that the company now has positive equity while in the past it had negative equities.   Long due to play this counter. But because of the huge number of shares in issue, fund managers also cannot finished buying if they wanted to.   Most likely they may think of consolidation. If that is the case, it might be very good, or very bad depending on the profitability as time passes.
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wendel Master	31-Oct-2013 13:52        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	What's a margin call? Fund mgr cannot finish buying....reason? Don't quite understand if u hv $$$...can't finish buying? What it means to consolidate? Paiseh...knowledge gathering...    new6ie      ( Date: 31-Oct-2013 13:04) Posted: Don't worry lah.   The maximum lowest price is currently the 2/3 pips.   Should it go lower, then the CEO might probably have a margin call. One thing for sure is that the company now has positive equity while in the past it had negative equities.   Long due to play this counter. But because of the huge number of shares in issue, fund managers also cannot finished buying if they wanted to.   Most likely they may think of consolidation. If that is the case, it might be very good, or very bad depending on the profitability as time passes.  wendel      ( Date: 30-Oct-2013 16:22) Posted: Anyone can explain what happens if px moves dn further...I mean hw far can it go under 0.001?
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new6ie Senior	31-Oct-2013 13:04        new6ie About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't worry lah.   The maximum lowest price is currently the 2/3 pips.   Should it go lower, then the CEO might probably have a margin call. One thing for sure is that the company now has positive equity while in the past it had negative equities.   Long due to play this counter. But because of the huge number of shares in issue, fund managers also cannot finished buying if they wanted to.   Most likely they may think of consolidation. If that is the case, it might be very good, or very bad depending on the profitability as time passes.  wendel      ( Date: 30-Oct-2013 16:22) Posted: Anyone can explain what happens if px moves dn further...I mean hw far can it go under 0.001?
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wendel Master	31-Oct-2013 08:54        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	this is not for profits on near terms...gonna be far longer....2 or even 5 yrs. MichaelSchenker      ( Date: 31-Oct-2013 08:28) Posted: I understand "restrictions" not imposed by sgx, but by some broking houses. I got some too, but I guess may not be good prospect in the near term.
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MichaelSchenker Member	31-Oct-2013 08:28        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	I understand "restrictions" not imposed by sgx, but by some broking houses. I got some too, but I guess may not be good prospect in the near term.
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ninjawarrior Member	31-Oct-2013 08:22        ninjawarrior About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	....what restrictions? I queue at 0.002 and i got it yesterday....for 1000 lots. Unless u queue for 1,000,000 lots....maybe. UPRR18      ( Date: 31-Oct-2013 01:03) Posted: Senior, how to good luck ??? Brokers has placed restriction on this counter also after the 3 King Kongs saga. Tell what on earth is the brokers trying to do .....
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UPRR18 Member	31-Oct-2013 01:03        UPRR18 About Contact  Quote this Post!   Mood: Yells: "Si Mai"
x 0   x 0  Alert Admin	Senior, how to good luck ??? Brokers has placed restriction on this counter also after the 3 King Kongs saga. Tell what on earth is the brokers trying to do .....
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dekmelvie Senior	30-Oct-2013 23:30        dekmelvie About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	👍 👍 👍 👍 good luck! wendel      ( Date: 30-Oct-2013 18:36) Posted: Bot another 1 mil @ 0.2c...
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wendel Master	30-Oct-2013 18:36        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bot another 1 mil @ 0.2c...
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nngeeh Member	30-Oct-2013 17:28        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Worst case is that there is no buyer, and sellers selling at 0.001. Even though the price can't go under 0.001, you can't sell any of your share. This happened to Digiland for few months, until recently, there are buyers queuing at 0.001 again.
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wendel Master	30-Oct-2013 16:22        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone can explain what happens if px moves dn further...I mean hw far can it go under 0.001?
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blackcode Member	14-Oct-2013 16:03        blackcode About Contact  Quote this Post!   Yells: "Fortune Favors The Bold "
x 0   x 0  Alert Admin	i mean 0.2cents blackcode      ( Date: 14-Oct-2013 16:02) Posted: Think it will take awhile for tat block to clear up. will try my luck at 2cents.
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blackcode Member	14-Oct-2013 16:02        blackcode About Contact  Quote this Post!   Yells: "Fortune Favors The Bold "
x 0   x 0  Alert Admin	Think it will take awhile for tat block to clear up. will try my luck at 2cents.
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