Latest Forum Topics / HanKore Env | Post Reply |
HANKOREcontinuation wedge(bullish)target 6-7c soon
|
|||||
pinkchikubi
Member |
13-Aug-2013 19:38
|
||||
x 0
x 0 Alert Admin |
Nope...   He didn't increase his stake today... just that he got allocated his placement shares today.    But he already owned more than 200 million shares before the placement. So this bring his stake in the company to > 10%.   I think he is the investor buying up the stake divested by firstree...
|
||||
Useful To Me Not Useful To Me | |||||
Lucky03
Veteran |
13-Aug-2013 19:32
|
||||
x 0
x 0 Alert Admin |
I can't open the PDF file attachment on my iPhone but you sure he adds another 293m shares or it is just a confirmation of his earlier placement shares as a major shareholder now and to confirm that they are now formally registered and quoted on the main board effective today ?
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
cccx123
Veteran |
13-Aug-2013 19:26
|
||||
x 0
x 0 Alert Admin |
Hmm.. So Mr Wang enlarged his stake today. Explains the high volume today. Though I don't really understand how he managed to increase his stake by 293 million today on a volume of much less than that. Unless he bought some during the previous two trading days? SGX only requires disclosure after three days I believe.
Erm.. I wanted to write SGX not just because someone is manipulating the short sell disclosure blatantly, but also due to the fact that if someone is not actually short selling, he is probably releasing shares into the public market without public revelation. This is a more serious matter. In addition, the impact of someone accumulating more than 17.71% of HK will force an immediate redemption of the notes. Though I guess on the other hand, someone with the capability to do so will probably be able relieve David of his duties as executive chairman. In any case, Mr Wang seems to like nice number, hence an exact 500 million share ownership lol. On a serious note, this is his vote of confidence. It will give him a lot more say in the running of the company too! |
||||
Useful To Me Not Useful To Me | |||||
Lucky03
Veteran |
13-Aug-2013 18:50
|
||||
x 0
x 0 Alert Admin |
[BRUSSELS] Industrial output in the 17-nation eurozone bounced back sharply in June, another pointer that the single currency bloc is finally edging out of recession, official data showed on Tuesday.
With overall growth figures for the second quarter due on Wednesday expected to show a switch out of recession, eurozone industrial production in June output jumped 0.7 per cent from May when it fell 0.2 per cent. Compared with June 2012, the eurozone gained 0.3 per cent, the Eurostat statistics agency said. For the full 27-member European Union, June output rose 0.9 per cent from May when it dropped 0.4 per cent. Compared with a year-earlier, EU industrial production added 0.4 per cent.
|
||||
Useful To Me Not Useful To Me | |||||
Lucky03
Veteran |
13-Aug-2013 18:49
|
||||
x 0
x 0 Alert Admin |
Europe industrial production rallies and the economy expected to finally recovers. Old habits will die hard and they will soon be increasing importing from China again which will mean China factories will start churning again. This will mean more waste water to treat and China government will demand stricter compliance and grade A emmssion standard plus sludge treatment too. Hankore is definitely ready to take the growth in its stride. | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
smile67
Member |
13-Aug-2013 16:36
|
||||
x 0
x 0 Alert Admin |
after the placement, HK go a different way and all the way go down and even below 5cts. I take this as BB just test the bottom and take as many share as possible and from that and may slowly climb at 0.2-0.3cts per day. who knows. of course it will be much more better if it can go up 100% immediately after placement. But every stock has its own character. it may can climb longer and higher. patience is the key | ||||
Useful To Me Not Useful To Me | |||||
Lucky03
Veteran |
13-Aug-2013 16:20
|
||||
x 0
x 0 Alert Admin |
You have a point, smile67.
|
||||
Useful To Me Not Useful To Me | |||||
Tomique
Master |
13-Aug-2013 16:19
|
||||
x 0
x 0 Alert Admin |
Ya lah, don't stir the hornet's nests or else the hornets will come and sting everybody. Also it will also frighten the BBs and then they pull the brakes. No more fun and action, then die lah for all vested...hahaha.
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
wxp8838
Senior |
13-Aug-2013 16:18
|
||||
x 0
x 0 Alert Admin |
It's really a torture! | ||||
Useful To Me Not Useful To Me | |||||
Tomique
Master |
13-Aug-2013 16:02
|
||||
x 0
x 0 Alert Admin |
Hankore's placement never got price to go up much.   Look at Tritech's   placement shot up 30 cents...Really haut arh..
|
||||
Useful To Me Not Useful To Me | |||||
smile67
Member |
13-Aug-2013 15:29
|
||||
x 0
x 0 Alert Admin |
Hankore is a S-share and penny stock. U keep on asking SGX to look into it.If u don't believe the data of SGX, then don't use it. without these data, we still do the trading until recently. I am huge HK supporter also, I like its business.IF u think it cheap, buy it. Why bother SGX to disturb the market? let the market decide and concentrate on your trading. SGX will never make money for us.No personel offense. I learn a lot from U, Lee and Luck03 in Money talk. | ||||
Useful To Me Not Useful To Me | |||||
Lucky03
Veteran |
13-Aug-2013 15:03
|
||||
x 0
x 0 Alert Admin |
Agree with Jfierce. We can't conclude any wrong doing as I illustrated below that in the extreme case, the total volume traded in a day can actually equal the total Sell Short for the day although I can't comprehend the economic of such actions. The point is that it is a mockery of the Daily Short Sell statistic as it may fail to illustrate the intended picture if there are any false information, intended or otherwise, esp when read and erroneously interpreted by retail investors.
cccx, perhaps we can take turn to share our opinion with SGX as public feedbacks with valid reasons for concern :)
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
spathway
Member |
13-Aug-2013 14:59
|
||||
x 0
x 0 Alert Admin |
In my opinion, it is not something wrong with the company, but with the buyer/seller. Or perhaps SGX has to work harder to enforce his own rulles
|
||||
Useful To Me Not Useful To Me | |||||
Jfierce
Senior |
13-Aug-2013 14:48
|
||||
x 0
x 0 Alert Admin |
eh.. u all keep writing in to sgx. if they suspend the stock and the BBs dont play it anymore.. isnt that even more game over for everyone vested? | ||||
Useful To Me Not Useful To Me | |||||
cccx123
Veteran |
13-Aug-2013 14:44
|
||||
x 0
x 0 Alert Admin |
Alright.. I am writing to SGX as well now. Today's buy in volume or lack of volume is incongruent with the volume of short sells and total volume transactions last week.
http://infopub.sgx.com/FileOpen/TodaysBuying-Inon13August2013.ashx?App=Announcement&FileID=251904 |
||||
Useful To Me Not Useful To Me | |||||
Lucky03
Veteran |
13-Aug-2013 14:34
|
||||
x 0
x 0 Alert Admin |
There are 3 monsters that I'm still learning to live with - Greed, Fear and Regret. They never go away for too long and always come back to haunt once in a while.
|
||||
Useful To Me Not Useful To Me | |||||
Lucky03
Veteran |
13-Aug-2013 14:30
|
||||
x 0
x 0 Alert Admin |
Hi, Raymond. I'm still learning :) There are so many factors that we can't control so still have to trade with care.
|
||||
Useful To Me Not Useful To Me | |||||
cccx123
Veteran |
13-Aug-2013 13:48
|
||||
x 0
x 0 Alert Admin |
Yea that's correct. Since sgx typically conducts its buyin at around 4pm, that is probably when we'll see some action
|
||||
Useful To Me Not Useful To Me | |||||
JarolLo
Veteran |
13-Aug-2013 13:41
|
||||
x 0
x 0 Alert Admin |
Ya. You're right man. Looking at how it chiong this morning and the Market Depth, I'm not convinced that this is what it can only reach today. Ever touched 54 but came down, eventhough seller q is much lower.
|
||||
Useful To Me Not Useful To Me | |||||
Lucky03
Veteran |
13-Aug-2013 13:30
|
||||
x 0
x 0 Alert Admin |
Glad that Hankore is rising. It should rise more but for today, looks like someone wants to settle it around 5.2c. As SGX Buy-In, if any, will e 2 bids higher based on the last prices transacted or yesterday closing, whichever is higher (I believe) will probably peg at 5.4c. I believe 5.4c may ultimately be the closing price today or tomorrow's target. Expecting Hankore to test the higher end of the Bollinger Band and that will mean 6.5c this round.
|
||||
Useful To Me Not Useful To Me |