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LMA is as dead as "ghost town"
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yokoosi
Member |
16-Oct-2007 10:18
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i meant sell high and buy low, vice-versa.... |
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hikitty
Master |
16-Oct-2007 10:09
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Does "sell on greed" mean selling at a low price so as to make profit by buying back at a lower price later - is that what "Yokoosi" is trying to mean "by sell on greed?" Care to clarify? |
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yokoosi
Member |
16-Oct-2007 10:00
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holding strong at 0.39, looks like selldown is over. Time to re-load? Buy on fear and sell on greed ! |
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hikitty
Master |
16-Oct-2007 09:51
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Hi jackjames Shdn't someone be held accountable to explain how Unionmet's profit up to third quarter of 2007 could have dipped by up to 65% compared to to that of 2006 IMMEDIATELY after being listed. Did the officials exercise due diligence???? Don't just allow any company to be listed if that authority has an axe to grind, loh - may be a too far-fetched thinking?? |
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jackjames
Elite |
16-Oct-2007 09:41
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for example la.. why so gam chong.. Unionmet and LMA announce the same shitty news on the same day, so I take the news lo.. well, nobody knows it will drop to 0.375 too... but in fact, they really made people fall from the chair, aiyaa.. you should feel better if it drop to 0.28, then, u buy 50 lots at 0.28, it easily average down your 60 cents purchase to 44 cents... , you must look at the better side.. likewise, while i bought chemoil at 0.605, then, it drop shit to 0.46, i quickly grasp much more lots at 0.47 to average down, and now I am at good shape... see, if u die die want to stick to one company, it is a good chance to average down if 30% difference from you purchase price.. but by looking at the history of LMA, eeeheeem.. the more you buy the more you loss, that I don't want to comment .. |
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hikitty
Master |
16-Oct-2007 09:28
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How to compare unionmet to LMA? Biz vastly different. Prospects for LMA from 2008 will be many times better than unionmet Wait long long long, longer than giraffe neck for LMA to dip to 30cents. I will BRRR-EAK my piggy bank to buy more LMA shares if it WERE to dip to 30cts or less. We shd not, according to a Chinese saying, (excuse me if my chinese phonetics are wrong) be "xin cai le huo". |
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shplayer
Elite |
16-Oct-2007 09:23
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Looks like some BBs are beginning to play......1000 lots Q to buy at 37 cts. |
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TradeChancellor
Veteran |
16-Oct-2007 08:55
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yes jackjames, agreed, should be able to recoup some of our capital loss if we buy at 30cents. After all, sales in north america is still intact and there is still demand for its products. |
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ten4one
Master |
16-Oct-2007 08:49
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Hello hikitty, Never to assume or take for granted for anything in the Stock Market. What the Directors know about LMA, the Investors at large should have already known or have been duly informed about the prospects of the Company as required in the 'Disclosures' rules of the Exchange and Company Acts. There must be a reason for the falling Px of LMA...... and why do you think the BBs are selling or are they just doing a normal 'adjustments'????. Maybe they need money to cover other trades.....???? Haha....your guess is as good as mine...Cheers! |
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hohokit
Veteran |
16-Oct-2007 08:45
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OK on,q to buy around 0.30ctz.
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jackjames
Elite |
16-Oct-2007 08:31
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can consider to short it today, as market sentiment is bad.. i am sure stewartgoh going to short, ha ha ... today closing might be 0.34 (getting closer to unionmet price which announce 70% nett profit decreased, hee) , what's you guys take? Tradechancellor, if it drop below 30cents, we should all cash in, because I notice many "china stocks", like starpharm rebound from 0.285, hengxin also from 0.28, can't go too low lo... so, I am in-line with your expectation , below 30 cents ! |
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hikitty
Master |
16-Oct-2007 08:10
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. The two funds sold on Friday 12 October . Based on Monday 15 Oct's total transaction of 19997 lots, the sell down has subsided. The directors bought - assume they know the prospects of LMA aren't that bad, after all. |
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TradeChancellor
Veteran |
16-Oct-2007 07:45
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With this plunge, I can consider buying it again if it drops below 30cents. |
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jackjames
Elite |
16-Oct-2007 07:24
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this news released at midnight, walau... |
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tuntan8888
Senior |
16-Oct-2007 01:00
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BBs are 1st to Exit, leaving the poor small timers to carry this baby........ a) Arisaig Funds sold 9m shares. b) Lloyd George Investment Mgt (Bermuda) Ltd sold 10.5m shares http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/49ee2f510198988a48257375005affef?OpenDocument |
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jackjames
Elite |
15-Oct-2007 22:42
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9071 lots sell down by Arisaig funds, wow.. more to come?! they still hold 4.10% |
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shplayer
Elite |
15-Oct-2007 22:33
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Arisaig Fund sell down....see link. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_FBF62BBB922E594A48257375004B76B4/$file/Arisaig_121007.pdf?openelement |
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edwinjup
Master |
15-Oct-2007 21:12
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buy somethings else. forget and forgave this counter!avoid |
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stewartgoh
Member |
15-Oct-2007 20:20
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Noticed that too, but these 2 directors have been buying LMA stock since Feb-May 07 period when it was 52-59 cents range. However, the fact that they are local directors and they might not know the actual situation of the company is even more worrying. I wonder why they did not ask that LMA activate share buy-back? What about the "ang mo" dierctors and CEOs? They are not buying the company's shares, are they? The more convincing actions is not some directors buying small quantities - LMA must buy back their shares aggressively; else no use ... |
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tuntan8888
Senior |
15-Oct-2007 20:11
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It is like rubbing salt into wounds. Even their Directors themselves got no confidence otherwise they wouldn't be buying just $40k each, rather somewhere in the order of $m would be more appropriate considering the enormous damage it wrecked. |
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