PSL   

This is next!

is psl in a bearish trap?

 

Anyone can confirm reading here ? If after ex-rights, and price holds at 0.37, this would mean that the rights when open trading would be 0.37 less the 0.10 execution price ? So for every 4 lots, we get one lot of 0.27, meaning $2,700 worth ?  As for warrant, with execution price at 0.34, this  would be 0.03 fair trade price ?

 

 

GuavaXF30      ( Date: 13-Feb-2012 09:36) Posted: Looks like I was partly wrong. Rotation did take place and other pennies saw profit taking. But PSL is STRONG ! This suggest to me that maybe the game not over for pennies. Look at laggards or those that have recently been sold down for opportunities. But as always, take extreme care and be ready to run at first sign of trouble. Incidently, Greek parliament has okayed cuts. This will lead to DOW rising. GuavaXF30      ( Date: 08-Feb-2012 09:35) Posted: There is a delay in the posting and did not see what I posted this morning here so trying again. For short-term traders, stay away from buying any pennies now. Crash likely to happen very soon. Already seeing rotation plays moving away from counters like Artivision and Yoma's recovery today is too fast, too scary. Play safe please

 

Looks like I was partly wrong. Rotation did take place and other pennies saw profit taking. But PSL is STRONG !

This suggest to me that maybe the game not over for pennies. Look at laggards or those that have recently been sold down for opportunities. But as always, take extreme care and be ready to run at first sign of trouble.

Incidently, Greek parliament has okayed cuts. This will lead to DOW rising.

GuavaXF30      ( Date: 08-Feb-2012 09:35) Posted: There is a delay in the posting and did not see what I posted this morning here so trying again. For short-term traders, stay away from buying any pennies now. Crash likely to happen very soon. Already seeing rotation plays moving away from counters like Artivision and Yoma's recovery today is too fast, too scary. Play safe please. doldoves      ( Date: 07-Feb-2012 16:20) Posted: Seems like a very strong base at 0.395.  Stock still looks good,    :-

 

when buying penny stock, check if it is being  marked as  a " restricted stock' in any brokerage company.  :)

 

There is a delay in the posting and did not see what I posted this morning here so trying again. For short-term traders, stay away from buying any pennies now. Crash likely to happen very soon. Already seeing rotation plays moving away from counters like Artivision and Yoma's recovery today is too fast, too scary. Play safe please.

doldoves      ( Date: 07-Feb-2012 16:20) Posted: Seems like a very strong base at 0.395.  Stock still looks good,    :-) GuavaXF30      ( Date: 07-Feb-2012 10:47) Posted: Point of clarification as I realised that my previous posting may seem ambiguious. 0.45 is for mid-term price. Not meant for traders. Will likely see this in maybe a couple of months. Please don't buy thinking  I mean it  will happen this week. It may or may not. Just my own reading. But, having said all that, think this is a good counter to park money in

 

Shortimers beware. Not a day to buy pennies.

doldoves      ( Date: 07-Feb-2012 16:20) Posted: Seems like a very strong base at 0.395.  Stock still looks good,    :-) GuavaXF30      ( Date: 07-Feb-2012 10:47) Posted: Point of clarification as I realised that my previous posting may seem ambiguious. 0.45 is for mid-term price. Not meant for traders. Will likely see this in maybe a couple of months. Please don't buy thinking  I mean it  will happen this week. It may or may not. Just my own reading. But, having said all that, think this is a good counter to park money in

 

Seems like a very strong base at 0.395.  Stock still looks good,    :-)

GuavaXF30      ( Date: 07-Feb-2012 10:47) Posted: Point of clarification as I realised that my previous posting may seem ambiguious. 0.45 is for mid-term price. Not meant for traders. Will likely see this in maybe a couple of months. Please don't buy thinking  I mean it  will happen this week. It may or may not. Just my own reading. But, having said all that, think this is a good counter to park money in. GuavaXF30      ( Date: 07-Feb-2012 10:22) Posted: You are most welcomed. Good idea NOT to chase. Wait for corrections. I think rally may be coming to  an end for now. Pennies running up so much this past week usually mean some correction on the way. Blessings

 

Point of clarification as I realised that my previous posting may seem ambiguious. 0.45 is for mid-term price. Not meant for traders. Will likely see this in maybe a couple of months. Please don't buy thinking  I mean it  will happen this week. It may or may not. Just my own reading.

But, having said all that, think this is a good counter to park money in.

GuavaXF30      ( Date: 07-Feb-2012 10:22) Posted: You are most welcomed. Good idea NOT to chase. Wait for corrections. I think rally may be coming to  an end for now. Pennies running up so much this past week usually mean some correction on the way. Blessings. doldoves      ( Date: 07-Feb-2012 09:40) Posted: Hey Guava.. appreciate your advise... I have tried to queue for PSL.. but keep missing it each time I key in the new amt, it goes up to the next..haha..not sure if 4.05 is too high to chase.  Well.. wait for other carriage.. Thanks a lot and have  agood day! Cheers:

 

You are most welcomed.

Good idea NOT to chase. Wait for corrections. I think rally may be coming to  an end for now. Pennies running up so much this past week usually mean some correction on the way. Blessings.

doldoves      ( Date: 07-Feb-2012 09:40) Posted: Hey Guava.. appreciate your advise... I have tried to queue for PSL.. but keep missing it each time I key in the new amt, it goes up to the next..haha..not sure if 4.05 is too high to chase.  Well.. wait for other carriage.. Thanks a lot and have  agood day! Cheers:) GuavaXF30      ( Date: 07-Feb-2012 09:23) Posted: Sorry, was thinkng of asking you to take a look at Wee Hur but too late now. Just jumped up

 

Hey Guava.. appreciate your advise... I have tried to queue for PSL.. but keep missing it each time I key in the new amt, it goes up to the next..haha..not sure if 4.05 is too high to chase.  Well.. wait for other carriage..

Thanks a lot and have  agood day!

Cheers:)

GuavaXF30      ( Date: 07-Feb-2012 09:23) Posted: Sorry, was thinkng of asking you to take a look at Wee Hur but too late now. Just jumped up. GuavaXF30      ( Date: 07-Feb-2012 09:08) Posted: May be wrong but think this could be 0.45. But already running fast..... may see profit takers intraday cap rise

 

Sorry, was thinkng of asking you to take a look at Wee Hur but too late now. Just jumped up.

GuavaXF30      ( Date: 07-Feb-2012 09:08) Posted: May be wrong but think this could be 0.45. But already running fast..... may see profit takers intraday cap rise. doldoves      ( Date: 07-Feb-2012 08:51) Posted: Hey... what would be TP for this?apprecaite advise. many thanks :

 

May be wrong but think this could be 0.45. But already running fast..... may see profit takers intraday cap rise.

doldoves      ( Date: 07-Feb-2012 08:51) Posted: Hey... what would be TP for this?apprecaite advise. many thanks :) GuavaXF30      ( Date: 07-Feb-2012 08:23) Posted: Interesting developement with PSL announced after market yesterday. MOU on selling subsidiary for a S$18.7 mil.  May be a trigger for today's action ? The Board of Directors of PSL Holdings Limited (the " the " “ JP Nelson Equipment Pte Ltd (“ ordinary shares in the capital of the Company’s subsidiary, Antar Cranes Services Pte Ltd (“ Transaction Antar’s balance sheet as at the date of completion of the Proposed Transaction, in which case, the Proposed Transaction shall be subject to the Vendors’ and JPNE’s agreement on the adjustment and final consideration. The Consideration is expected to be satisfied by way of cash. The Proposed Transaction is subject to the fulfilment of other conditions, certain details of which are set out in section 4 of this announcement.Company" , together with its subsidiaries,Group" ) wish to announce that the Company, together with Teo Kim Ngoh (collectively, theVendors”), have entered into a non-binding memorandum of understanding (the “MOU”) withJPNE”), under which the Vendors offer to sell to JPNE all theAntar”) at a consideration of S$18,750,000 (the “Consideration”) (the “Proposed”). The Consideration may be adjusted depending on the final composition of

 

Hey... what would be TP for this?apprecaite advise. many thanks :)

GuavaXF30      ( Date: 07-Feb-2012 08:23) Posted: Interesting developement with PSL announced after market yesterday. MOU on selling subsidiary for a S$18.7 mil.  May be a trigger for today's action ? The Board of Directors of PSL Holdings Limited (the " the " “ JP Nelson Equipment Pte Ltd (“ ordinary shares in the capital of the Company’s subsidiary, Antar Cranes Services Pte Ltd (“ Transaction Antar’s balance sheet as at the date of completion of the Proposed Transaction, in which case, the Proposed Transaction shall be subject to the Vendors’ and JPNE’s agreement on the adjustment and final consideration. The Consideration is expected to be satisfied by way of cash. The Proposed Transaction is subject to the fulfilment of other conditions, certain details of which are set out in section 4 of this announcement.Company" , together with its subsidiaries,Group" ) wish to announce that the Company, together with Teo Kim Ngoh (collectively, theVendors”), have entered into a non-binding memorandum of understanding (the “MOU”) withJPNE”), under which the Vendors offer to sell to JPNE all theAntar”) at a consideration of S$18,750,000 (the “Consideration”) (the “Proposed”). The Consideration may be adjusted depending on the final composition of alexchia01      ( Date: 25-Jan-2012 12:55) Posted: I think can Buy PSL today. Entry: $0.375 and Above Stop-Loss: $0.350 Target: $0.470 More on my Blog at Alex Trades. Good luck.

 

hmmm...this stock super volatile. need a big heart to play ...

 

Interesting developement with PSL announced after market yesterday. MOU on selling subsidiary for a S$18.7 mil.  May be a trigger for today's action ?

The Board of Directors of PSL Holdings Limited (the "

the "

“

JP Nelson Equipment Pte Ltd (“

ordinary shares in the capital of the Company’s subsidiary, Antar Cranes Services Pte Ltd

(“

Transaction

Antar’s balance sheet as at the date of completion of the Proposed Transaction, in which case,

the Proposed Transaction shall be subject to the Vendors’ and JPNE’s agreement on the

adjustment and final consideration. The Consideration is expected to be satisfied by way of

cash. The Proposed Transaction is subject to the fulfilment of other conditions, certain details of

which are set out in section 4 of this announcement.Company" , together with its subsidiaries,Group" ) wish to announce that the Company, together with Teo Kim Ngoh (collectively, theVendors”), have entered into a non-binding memorandum of understanding (the “MOU”) withJPNE”), under which the Vendors offer to sell to JPNE all theAntar”) at a consideration of S$18,750,000 (the “Consideration”) (the “Proposed”). The Consideration may be adjusted depending on the final composition of

alexchia01      ( Date: 25-Jan-2012 12:55) Posted: I think can Buy PSL today. Entry: $0.375 and Above Stop-Loss: $0.350 Target: $0.470 More on my Blog at Alex Trades. Good luck.

 

I think can Buy PSL today.

Entry: $0.375 and Above

Stop-Loss: $0.350

Target: $0.470

More on my Blog at Alex Trades.

Good luck.

 

Seems this has gone under the rader. But today has come a live again. Something is brewing and it may be big.....