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He should takeover or merged with OTO. These days, OTO is taking opportunity to market their product aggressively.
OSIM is announcing its quaterly results on 26 July. The fact that Ron Sim bought the shares a few months back must be an indication that this quaterly results will be good.
Last time Bolli very tight try my luck lost $$,now bolli also very tight try my luck again.
and the message is clear...
The massage is over...
Something good is happening to Osim's charts.
Acc/Dist and Chaikin charts are uptrending strongly. There's a possibility of breaking upwards sharply.
The last time move down very fast can this round move up fast??
seems like the report is doing some good....up 3 cents now.
Taken from Reuters:
"SINGAPORE, July 5 (Reuters) - Osim International, which makes massage chairs and electrical gadgets, may be in focus on Thursday after Credit Suisse upgraded its rating on the firm.
Stocks and factors to watch: - Credit Suisse raised its rating for Osim International to "neutral" from "underperform", citing cheap valuation on the stock and limited downside risks at current stock price levels."
Lets see if there's any impact on today's performance.
Luckily divested OSIM cut losses had been re-coup back from other potential counters
Tough battle ahead.
Lets give ronny the benefits of doubt. He will fight on. In fact he is strategizing now. But only when he remodel the selling into multi level marketing system will I look at the company again. Next will be the prices of items, which need to be reduced urgently due to string competitions from the likes of OTO, VGO, etc, plus the many copycats coming up. Oh, forgot to mention USANTE too. There are many coming up with products designed made in China. Ronny should contact local entrepreneur Wong Hoo to pick up a thing or two about "if we cant beat them, join them".
Keep This counter in your rader. it is making move of breakout soon. either down or top not sure but than it started to have sign of life thou very little.. very tight bollinger band...
uncertainly for osim,not recommended as unforeseem of fund raising like right issue ,lot of placement of shares,negative of downgrade of brokerage
Quiet for the forseeable future till Ron delivered his promise as what harryp has posted:.
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This morning heard on CNA that Ron Sim vows to bring the company up stronger than before by end of year.
Perhaps it is time to collect while nobody is interested? Cannot underestimate Ron. He delivers what he says most of the time ..... |
I lost hope with this Osim too. Tomorrow will short it.
No more confidence in this counter cutting loss
Bollinger bands are getting tight again... Another sudden price change coming??????
I think better await to get clarity on his direction first. Wait he venture into MP3 market hahaha.
Yup...
The best time to buy a stock that will go up again is when nobody wants it... :)
Not just this stock, but generally speaking...
It applies to all good stocks...
