Latest Forum Topics / Raffles Edu Last:0.042 -- |
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Sale of Lang Fang?
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th_iamy
Member |
26-Aug-2012 18:00
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Sifu  ipunter, so far my averaging down theory  work for me, except for those counter which is being cornered, Like Golden Agril, just a few month back  i bought  30lot  at 0.785, average down 30 lot at 0.74 then 50 lot 0.675 another 50 lot at 0.620 and the last 50 lot at 0.605  . i sold all at 0.595  . These are the Cornered Stock.  The rest of the counter which i  did some averaging  and my  profit is about 20% to 30%  . So Averaging works for me  .        | ||||
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coocoobond3
Senior |
26-Aug-2012 17:23
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All investors of raffles edu , will swing over to informatics and tmc....
My hope of buying cheap for informatics is dashed...!!!! Let's see wat happens on Monday, maybe all stocks affected? Wahaaa
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iPunter
Supreme |
26-Aug-2012 17:02
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Sifu, in my view, your strategy and style of play is very common among stock players.   It is not just about this stock... it also applies to any other stock too. Many people      have been doing what you did with other counters too, including very blue blue chips.     To me, every position (trade) is a bet. If the existing bet is a problem not yet resolved,         one should not be openng another position. Averaging on the way down  is simply                 adding more and more problems before the existing ones are resolved. One cam                     make things simple for oneself by simply cutting loss and close out the moment the                         market is not moving our way. Averaging down is strictly a no-no... ![]()
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th_iamy
Member |
26-Aug-2012 16:28
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Beware of  this counter, 100% sure this is a corner stock, bought 30 lots at 0.785 last year and  average down all the way  30lot 0.750, 30lot 0.680, 50 lot 0.620, 50 lot 0.590 and end up sold all at 0.55. Went in again this year  50 lots at 0.445  average another 50 lots at 0.405 and sold off at 0.380 . My advice is  stay clear of this counter.      | ||||
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iPunter
Supreme |
26-Aug-2012 15:59
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Long-term investors will now be very " tui " (ie. frust) because for the past 11/2 years, it has   appeared to be " chionging" up, but instead was dropping and dropping like sheet,           which may have caused a lot of cash-flow problems for many holders... ![]()
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tedsokny
Senior |
26-Aug-2012 15:32
Yells: "Have a Angkor Beer!" |
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im sure it will lau more till less than 10c like tmc & informatics...those vested take care.... | ||||
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albeniz
Member |
26-Aug-2012 14:37
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This counter has lau-sai like crazy for the last 1-2 years.  Actual price dropped to one-third of the original value. |
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mckean
Member |
24-Aug-2012 00:17
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Anyone has any opinions on Raffles Education's proposed disposal of their Langfang development zone? | ||||
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