Latest Forum Topics / Ocean Sky Intl Last:0.026 -- | Post Reply |
Ocean Sky could be the next multiplier
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bryancbq
Master |
05-Apr-2012 16:48
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sian...should hold till monday anot? lol. | ||||
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gavinl
Elite |
05-Apr-2012 16:37
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XXXXXXXXX again. Reaching 0.17 liao,sign....... |
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HengLee
Member |
05-Apr-2012 16:26
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Hahaha so hot in the forum, how not to watch at this. Although it had dipped quite a lot but still no confident. Moreover, i am working, don't have so much time to monitor. Good luck to you on this counter! :) Huat ah!
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bryancbq
Master |
05-Apr-2012 16:10
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mmm...are there even the slightest reason for it to go further up? haha. | ||||
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gavinl
Elite |
05-Apr-2012 15:54
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Painful bro. Hope my 0.17 trigger loss wont be hit.
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ls8615
Member |
05-Apr-2012 15:52
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I think so. I didn't read carefully and thought it was good for shareholders S$0.335 and hope it will cheong. Checked the 2010 annual report and saw 88.69% of shares held by 23 persons. Their call. I sold at $0.175 today. |
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bryancbq
Master |
05-Apr-2012 15:46
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mmm...that means no future for shareholders?
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doldoves
Member |
05-Apr-2012 15:34
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REALLY!!!!.... for a moment I was much elated      .... a sense of hope..  keep my fingers crossed for now and watching closely.
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ls8615
Member |
05-Apr-2012 15:33
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Existing total number of shares =  425,525,361 925,373,134 new shares at S$0.335 is to issue to Sinway Investment (Owner of Chiwayland). As a result Sinway will become the controlling shareholder (reverse takeover). Eventually Oceansky business will be disposed  (to be sold to the existing CEO,SMO and SVP) at much much below NAV. If you look at Chiwayland's website, they do not post new news since July 2011. Not much info can be found.
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kahlid
Member |
05-Apr-2012 15:20
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I read somewhere in the doc that they are issuing new shares at 0.335 per share?
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bryancbq
Master |
05-Apr-2012 15:10
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oo..haha. good good. at least u earn a sizable bit for that two. I got mdr and jel, but missed hlh also. jel i also sold at 1.7c, sian..haha. if waited one more day could have doubled my profit. but well, should be contented. u watching this counter also ah? a bit hard to tell what the BBs are trying to do. also no confident about where this counter will go. succumbed to emotions when i bought this =/ haha.
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ls8615
Member |
05-Apr-2012 15:03
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The NAV of the company worth US$71m and to be sold to the 3 controlling shareholders at not more than S$63m (S$0.148/share). The win-win only for Chiwayland and the 3 controlling shareholders. Not sure if I interpret correctly. | ||||
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kahlid
Member |
05-Apr-2012 14:52
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RTO, exiting the current business and venturing into property development in China. Check out the SGX website.
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thunderdoor
Senior |
05-Apr-2012 12:38
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Can someone tell me what was the trigger news to this, is OceanSky quitting garment business? Just enquiring. | ||||
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HengLee
Member |
05-Apr-2012 12:03
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Hello! :) I am still observing. Recently clear all my holding on MDR and HLH. Most sad is JEL, didn't manage to catch the ride! Right now still seems a bit shaky, have to take caution.
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bryancbq
Master |
05-Apr-2012 11:49
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at 23c? whats ur cut loss? hopefully will move up from here.. |
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doldoves
Member |
05-Apr-2012 11:23
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yes.. at wrong timing..bgt at high.....
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bryancbq
Master |
05-Apr-2012 10:52
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erm..i usually dont average down, unless even before i put money in, i already plan to buy in blocks. having learnt some hard lessons in the past, i now put a limit to my max exposure to any one counter. also i feel that by averaging down, i am increasing my exposure, and that makes me more susceptible to emotions. ya lo...but thats how i trade ba. u vested in this as well? 
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doldoves
Member |
05-Apr-2012 10:44
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hmmm... is.0.175 the support line and if break will drop further?  it if really has the potential then perhaps buying some  to average would be an alternative to cutting loss ya?  just thinking in words.... pondering which direction to take.........
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AnthonyTan
Elite |
05-Apr-2012 10:14
Yells: "patience" |
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Share px. drop very easily as well as moving up very fast also.
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