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Raffles Edu
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louis001
Master |
08-Feb-2011 09:34
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come on  baby... keep it up,,,,one more cent....
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knightrider
Elite |
08-Feb-2011 09:26
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Seems not over yet, still at S$0.33. Good Luck to all who still hold.
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teeth53
Supreme |
07-Feb-2011 12:53
Yells: "don't learn through life, learn to grow with life " |
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R.edu going $1/-, Infomatics oso going $1/- then they will be as many $0.10c stk going $0.50c, $0.20c stk going $0.80c and $0.30c stk going $1/-, then 0.50c stk going $2-$3 dollar...Huat...Arhhhh. Err...genting SP  < < $2/- going $5-$6/- dollars. Just an after thot...Huat..Arhhhh---Chiongg...Arhhh (will it work ??)
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GuavaXF30
Master |
07-Feb-2011 10:01
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Actually this morning performinh better than I had expected. But with low volume and no movement, I still expect this to drift down to below 0.30 c. All other pennies seems to be slowly but surely dropping after the early morning surge... CNY story over already :(
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Hulumas
Supreme |
07-Feb-2011 09:45
Yells: "INVEST but not TRADE please!" |
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Since no consolidation then correction looooooooh!
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teeth53
Supreme |
07-Feb-2011 09:42
Yells: "don't learn through life, learn to grow with life " |
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Beyond it performance, very pathetic--No Volume (need alot of  good news to  consolidation again, err...0.60c ?)
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louis001
Master |
07-Feb-2011 09:18
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today's openning price 32cent with high volumn, there is a feeling that it will hit 34cent within days and stay there....some BBs are pushing this one,,,,, and that will naturally make it a $1 stock after 3:1 consolidation...
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iPunter
Supreme |
05-Feb-2011 12:35
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Actually, for a stock of this price,     there's the feeling there's no need to consolidate it at all...           unlike the little penny stocks... eg. abterra, hiap hoe, etc, etc...
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tonylim
Master |
05-Feb-2011 11:46
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Not necessary. Just an example like beyonics... consolidated to 60 cents per share but always hover around 20 cents..  a huge drop that never recovers even when it is profitable
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monkey80
Member |
05-Feb-2011 09:58
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Consolidate then give bonus share. Benefit shareholder without paying cash. |
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louis001
Master |
05-Feb-2011 09:07
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yes, so that it will not be like any penny stock.....$1 is within reached  as no of shares available in open market will be much lesser after consolidation... this company still has potential upside given its business expansion plan  in Asia Pacific...needs time to work it out. 
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jackjames
Elite |
05-Feb-2011 08:23
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i have a bad feeling that after share consolidation, they might issue right shares.... :( vested.  |
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hyruga
Member |
04-Feb-2011 20:43
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You guys are too pessimistic. I see $1 coming after consolidation. They consolidate to make it a $1 stock. | ||||||||||||||||||||||||||||||||
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tonylim
Master |
04-Feb-2011 18:53
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very little upside ass there is no good business model.  Too many competitors
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Leinadgnow
Senior |
04-Feb-2011 02:11
Yells: "Retired" |
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raffles education support at 0.3 with the 2 haramis at 0.3 located respectively. Buying now and setting a S/L below 0.3 is a good way to go ... However MA and MACD is showing downward movements and hence a breach of 0.3 is more then likely. If you wish to, short at 0.31 and set a S/L above 0.32 ideally, 0.33 to include flucuation. Tp price at 0.30 to take out half your sizing and the other half to take at 0.285 before a possible bounce and close at 0.29 due to support. Happy CNY  | ||||||||||||||||||||||||||||||||
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maxcty
Master |
02-Feb-2011 23:13
Yells: "always a learning day for me in trading" |
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I holding 15lots...means I cleared........ | ||||||||||||||||||||||||||||||||
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whatsthere
Member |
02-Feb-2011 23:01
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I'll probably buy another 4 lots cause im holding 23. Odd lots are really troublesome..But I think that consolidation is necessary |
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louis001
Master |
02-Feb-2011 21:36
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If I understand correctly, this means if one have 20000shr at 31.5cent, it will become 6666.66shr at $0.945/shr  .  For selling, only 6000shr to ready market but need to sell 666shr (the fraction is  gone ) at the odd unit lot market, troublesome and lose a bit? Or  one buy another 10000shr to make it 20000+10000=30000/3=10000, perfect whole number? Obviously, some people did buy  today, price up from 30.5cent to close 31.5cent. On the other hand, some did sell also to round it up.Unless got violation of rules or strong objection, this proposal will normally be approved, when ? wait and see the news update. |
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monk999
Master |
02-Feb-2011 20:45
Yells: "TA is an art!" |
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Hi experts, please may I ask has this share consolidation taken place already? Assuming I have 10lots, since it is 3:1 share consolidation, I would have to sell 10000/3= 3333.33 shares instead of 10000 shares so that I wont be charged with short selling. How do I know when this is in effect already? I checked sgx and it seems this is just a proposal and has not been approved yet? Due to this consolidation the price should be * 3 of current price am I right? (.315*3= .945) Thanks. |
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rodment
Member |
02-Feb-2011 18:12
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Yea, I also need to know how share consolidation will impact us.    I have 10 lots, so after the share consolidation, i have 3.13 lots? And since they mentioned there will be no diminution to the share prices, does that mean the price will rise as per ratio afterwhich?   It'll be great if someone can enlighten me :) |
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