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Windfall from Citiraya
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chipchip66
Master |
25-Sep-2006 19:17
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Hi Nos, I nearly shorted at 23.5c. I understand there is a buy-in by SGX. So if the price does go down when they buy-in, then i would make some kopi$$$. If not, then would lose my hard-earned $$$.DO you know if i can borrow scrip to buy back? And what happens next? I am not too sure about this alternative way. |
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Nostradamus
Supreme |
25-Sep-2006 19:02
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Hi chipchip66, If you short today, you'll end up losing a lot of money. |
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chipchip66
Master |
25-Sep-2006 18:22
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oOPS! Is it game over ? |
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knightrider
Elite |
25-Sep-2006 16:48
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It is halted ! |
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crunkie
Member |
25-Sep-2006 12:05
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Heshe & Citiraya are on good financial support with $16mil injection. The fundamentals look good with Citiraya re-listing soon. There's additional funding setup. And with EGMs today and tomorrow, there should be shareholder support for long-term business. Counter can move either way, with a trend upwards. Both companies are going to start moving now with a re-direction on core business. Good value for medium term. If for short-term, tread cautiously. Invest to stay for this counter. |
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chipchip66
Master |
25-Sep-2006 09:26
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does anybody know if i short today, what will happen? I am really thinking about this... |
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chipchip66
Master |
25-Sep-2006 09:21
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strong momentum! should be able to sustain 1 more day b4 a stampede where everybody runs to the exit. What goes up must go down. Anyway happy tradin! |
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Nostradamus
Supreme |
24-Sep-2006 21:46
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Citiraya recycles gold and platinium. Its price would depend on these prices. |
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billywows
Elite |
24-Sep-2006 11:55
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Thanks for the TA, Singaporegal. At least there's still some space and time for retail investors to exit - if they are not too greedy. Trade with care ya. |
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singaporegal
Supreme |
24-Sep-2006 11:48
Yells: "Female TA nut" |
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This stock is very very overbought now. I did not look into its fundamentals... but TA-wise, it has undergone explosive price increase and I think it may still be on the rise. |
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billywows
Elite |
23-Sep-2006 22:36
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I'm not keen on Heshe and Citiraya in anyway - before and after this white knight issue. No solid fundamentals and management involved. One thing I learnt here is: When OHL first mentioned the rescue plan of Citiraya, we should have foreseen something brewing soon. The positive sentiment seems to fall solely on Heshe as this is the only speculative option for investors. So bear this good opportunity in mind in future when OHL makes a move. I do believe that OHL won't abandon Citiraya soon, so the market focus will be on this counter when it is re-listed on 04th Oct as Nostradamus had said below. Hmmm ... if the focus is shifted, beware of Heshe as Teeth53 has been repeating so much. Haha! So much said, be careful of Heshe! Do remember to exit in time when you still have time. The chart below shows almost zero movement of this counter for the last 5 years - until this week up 117%. Trade with care ya ... |
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teeth53
Supreme |
23-Sep-2006 22:00
Yells: "don't learn through life, learn to grow with life " |
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Trade with care ya ...thk to Billywow posted chart here |
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teeth53
Supreme |
23-Sep-2006 21:55
Yells: "don't learn through life, learn to grow with life " |
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One classical eg ACCS (Accord Customer Care & Svc) now call Mdr. How much can Citiraya ?? not much, both has the same lines of story, both selling the same idea, except in name. For Mdr case it started closed to 10 cents and now about 50% discount, so some along this line and it tink tink Heshe will follow this classic eg, for ref to Heshe mkt prices- pls look at Heshe forum where chart is historical posted year to year and with sales volume. |
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chipchip66
Master |
23-Sep-2006 19:32
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How much do you think Citiraya price will start on trading day? |
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Nostradamus
Supreme |
23-Sep-2006 19:29
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I believe the interest will turn from Heshe to Citiraya once it resumes trading. |
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teeth53
Supreme |
23-Sep-2006 08:55
Yells: "don't learn through life, learn to grow with life " |
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Very things is about money. Yah!! Hi kitty, "whether OHL 's commitment to Citiraya is long term remains to be seen", seem to have some truth in it and i have my duobt that Heshe by itself can earn such huge amount of money to warranty for a 117% increases in it stock price since last Friday (likely to take several more years to justify this kind of earning price) and by selling this idea about CTraya is open for trading upon share holder approval, oni OHL and partner kakis (Heshe) r d oni one to approval, so it seem to be approve liao, putting the horse b4 the cart. I just feel some thing is not rite and some fishes thing may happen when something goes wrong, rite now all seem very happy. Don get mewrong, just got to be careful while happyly joining them along...hope don be eaten up by the biggest fish, good luck. Will CTraya another Mdr ???. |
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hikitty
Master |
23-Sep-2006 08:10
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Informatics was ramped up for a short period when OHL bought shares in the company, together with Berjaya., hoping to turn it around.. He dumped the shares not long after, for a sizeable loss. Whether OHL 's commitment to Citiraya is long term remains to be seen . Beware the Ides of March - Heshe is a speculative share, unless there is a positive uptrend reversal!! |
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xavien
Member |
23-Sep-2006 00:13
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OHL has the Midas touch, hope his committment to 'C'raya remains long term.. |
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billywows
Elite |
23-Sep-2006 00:10
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Monday's meeting will be a positive one cos all retail investors look up to OHL and trust him with his good foresights and shrew buyings! So Citiraya will be relisted on Oct 04th .... To vote against the rescue plan, Citiraya will be liquidated and all will be lost. But, it will be a tough for Citiraya to start all over again when all their big clients had been snatched away by competitors when it was down. I suspose this is where OHL's biz influence come in. And he said he is committed to Citiraya. |
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xavien
Member |
22-Sep-2006 23:48
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hmm.. got to adopt wait n see approach again as always..'C'raya like dead fish come alife? |
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