Latest Forum Topics / HanKore Env | Post Reply |
Hankore onward march to 8-10cts.
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new6ie
Senior |
14-Nov-2013 14:32
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Consolidation is normally used to make money by " insiders" because it has more " juice" to trade down from higher to lower. Are you the insiders or are you the outsiders?  | ||||
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sjZheng
Senior |
14-Nov-2013 14:28
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lol
ur ans like got good and bad le :/
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ynnek1267
Master |
14-Nov-2013 14:22
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At first, why consolidate? Second, any good example after consolidation for S-chip stock? To hankok, just too many share to issue right, so need to consolidate 10 to 1 to issue right for business expansion. Expand busiess? to China S-chip, do you believe them will take money to expand or take money to run and spend????
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cccx123
Veteran |
14-Nov-2013 14:19
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And do not forget about the consolidation exercise, which always tends to be a drag on any stock, no matter the fundamentals. I forgot to write CE in my earlier post. For me, I finally decided against collecting until the px goes to 6cts and below despite initially opining to collect again after seeing the financial statements. Will sit on my current LT holdings for now.
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cccx123
Veteran |
14-Nov-2013 14:15
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You have to decide. But prepare for the worst. You can ask yourself what you will do if Hankore's price trends down over the next few days. If you will feel lousy and agitated then you may not want to buy this stock since that is very possible, as in any stock. On the other hand, if you are buying for value and are prepared to wait for the stock to reflect that, you will not be worried by the day to day px movements, however agitating it may be, even if hypothetically, the px goes all the way to 5cts.
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sjZheng
Senior |
14-Nov-2013 14:15
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So share consolidation is good or bad ah |
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Spivvy
Senior |
14-Nov-2013 14:10
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Hmmm, ya noe wad u mean but isnt the price now still low? Still below 10cents for a stock like hankore worthwhile to hold and sleep well? Stock like mirach seem dead and doomed liao and im thinking whether to switch that portion over or not. Then wait till 2015. Or wait for mirach. Which is better option?
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ynnek1267
Master |
14-Nov-2013 14:07
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So many want to Up lorry to S-Chip. One day happy only, After consolidation, big gap down, cry till no tear. | ||||
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cccx123
Veteran |
14-Nov-2013 13:56
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Please do not chase the price. There is still the consolidation hangover. Right now, market is elated because of the financial results and the general market sentiments today, which is buoyant. The worst mistake one can make is buy when there is an uptrend in the hope of selling higher. But then again, it is your money so you can do what you want. Try to manage your risk/s though..
Caveat Emptor
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Spivvy
Senior |
14-Nov-2013 13:52
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So u buying already?
U mean i shd sell mirach now & switch over to huatkor? Later tml cheong up 6 bids again? Return to 8cents level??
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Spivvy
Senior |
14-Nov-2013 13:48
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How now bro spss, cheong up liao u re-enter?
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new6ie
Senior |
14-Nov-2013 13:36
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Wow, bro you really have good fortune.   Everything I pulled this stance, I got black eye. So nowadays pulling back from big bets.
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Spivvy
Senior |
14-Nov-2013 13:11
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At least u covered half of your losses overnite alry. In still struggling hard.
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cccx123
Veteran |
14-Nov-2013 13:06
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I don't have that much leverage lol.. Around half of that. Was a calculated trade. If it went wrong my bank account might have been drained. Was very risky but the odds were that there would be strong rally today. So used three brokerage accounts to buy. Don't follow this tactic. I promised myself never to do something like that ever again.
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Spivvy
Senior |
14-Nov-2013 12:54
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Ccx must have covered your innopac paper losses liao. Assuming u buy 5000 lots hankore at 6.3 you would have made 20k sum. | ||||
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Darkrekcus
Member |
14-Nov-2013 12:42
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My broker asked me to vest in this counter early this week  saying he is 60% confident on  hankore's result.    so I loaded in a small amount.
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new6ie
Senior |
14-Nov-2013 12:40
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Hahaha, glad to see you happy now. Must be careful.   Throw away the lousy shares and use the same amount of money from the proceeds for more solid and promising shares.   Never " tambar" more money in the stock market than your original investments because that will mean overtrading.   Lol. 
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cccx123
Veteran |
14-Nov-2013 12:40
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Thank you.. I channeled the profits into a Chinese construction and property development company called WeiYe. Another china play and currently trading at a discount to its NAV. With rising property prices and a vibrant economy, WeiYe is set to blaze the growth path.
But am a little apprehensive about the plenum meeting in china because they may announce promptly cooling measures which might affect the company's top and bottom lines negatively so just bought a little first. :)
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Share7
Senior |
14-Nov-2013 12:38
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Kamsia. Same same to you. Huat ahh!!
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JexxeLivermore
Member |
14-Nov-2013 12:32
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Hope you make lots and lots of money
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