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HG Metal a hidden gem ?
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chipchip66
Master |
08-Jan-2007 14:21
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Wow, 416,000 queue to buy at 48.5c, i think this is on uptrend now!! |
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chipchip66
Master |
08-Jan-2007 14:19
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Will it reach 50c today? |
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zhuge_liang
Supreme |
06-Jan-2007 18:28
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OCBC is set to become one of HG's largest shareholders with a 4.76% stake. |
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chipchip66
Master |
05-Jan-2007 19:33
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Hot off the press!! OCBC is the largest shareholder of HG Metal by converting part of 10m loan facilities in to HG shares!! Also, HG should announce payment of 4c div soon. |
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chipchip66
Master |
27-Dec-2006 15:37
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ooh! Another of my counter moving! 2007 looks good! |
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BULLBEAR
Member |
27-Dec-2006 15:10
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Yeah..it is moving up..dividends and rights are going to launch soon..had sold some during the last run up..now waiting for another wave.. |
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novicetrader
Senior |
26-Dec-2006 17:03
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Thanks knightrider. Hope this baby goes all the way up to the IR opening.... |
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knightrider
Elite |
26-Dec-2006 09:09
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This is based on the current support. After the rights support level, adjust price should be 0.389c to 0.39c.Good Luck. |
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novicetrader
Senior |
26-Dec-2006 09:00
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Thank you chipchip66. Thats what I have been reading. That's why I went in that big. |
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chipchip66
Master |
25-Dec-2006 22:42
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Hi Novicetrader, have patience. This is a good fundamentally sound company with good managment who likes to reward shareholders. Hold it and you will be rewarded in the medium to long term. |
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novicetrader
Senior |
25-Dec-2006 22:37
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Thanks for the input Sporeguy. Hope you are right. I guess its just the timing. |
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Sporeguy
Elite |
25-Dec-2006 18:01
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HG is at 4th wave. 5th wave target is at 64c. |
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novicetrader
Senior |
25-Dec-2006 13:46
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100 lots at $0.38. Did some homework, directors went in in a big way at $0.36 if I am not mistaken(a couple of months back), since I could not catch the $0.36 wave went in at $0.38. Understand this counter has a lot to benefit from the housing boom and the two IRs. Also as a stockist they have a huge array of steel profiles to suit the market needs. Also, with the announcements on divident payout and the 2 for 5 offer at $0.20, seems like quite a decent deal. Its a calculated gamble. Hopefully turn out right. Any inputs would be appreciated. |
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jackjames
Elite |
24-Dec-2006 22:22
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DanielXX, may I know what are the other steel stocks in sg? |
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DanielXX
Member |
24-Dec-2006 14:03
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There're probably better steel stockist stocks around, unless you think HG Metal has some kind of competitive advantage. |
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iPunter
Supreme |
24-Dec-2006 13:03
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Novicetrader... I base my personal analysis on the most simple charting. I would have sold earlier at 0.66 if I had this stock, and would now be rubbing my chin in mean satisfaction. But since it has gone down that far, it is likely to rebound due to the shorts making enough on their scalping, thus are covering their positions before they re-enter. Of course I cannot be always right.... :) |
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iPunter
Supreme |
24-Dec-2006 12:53
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Jackjames... It all depend on the individual... if Chow Yoon Futt or Ivy was betting, they probably will consider 40K as just a "small kid's play". For us little punters, of course it's a big deal. |
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jackjames
Elite |
24-Dec-2006 12:34
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100 lots? you have good money, heee... but 100 lots money in this counter, hmm.. at what price? I will put in 4 different counters if I got 40K.. |
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novicetrader
Senior |
24-Dec-2006 09:56
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Ipunter, Don't frighten me, I got 100 lots at stake in there. 1 cent means $1000.If you say it is going down and down better to cut my losses unless there is something in there. |
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iPunter
Supreme |
23-Dec-2006 21:32
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Today's low for this stock is 0.44. In the coming days/weeks, I see it going lower and lower, but only in my eyes.... :) |
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