Sakari   

Straits Asia

See first.  Tommorrow might be a better day than today, but it might also be worse. Cheers.

cheongwee      ( Date: 02-Jun-2009 17:12) Posted: The bull is still very much alive.... look last min...a few hundred buy up...700 lot at 1.75, otherwise the day would have end 1.70.. laulan...buy fast...this one got prospect, dont say ppt buy at 0.805c...this type of logic.then it is woirth 0.80c....wait till you see 2.0... tomolo will be better..just bought only $ come in..gd luck to all in SAR.

 

The bull is still very much alive....

look last min...a few hundred buy up...700 lot at 1.75, otherwise the day would have end 1.70..

laulan...buy fast...this one got prospect, dont say ppt buy at 0.805c...this type of logic.then it is woirth 0.80c....wait till you see 2.0...

tomolo will be better..just bought only $ come in..gd luck to all in SAR.

 

 

 

ayoyo...tiok 50 lot..liao low..1.72

cheongwee      ( Date: 02-Jun-2009 15:53) Posted: 1.72 not likely, never mind i am patient..i dont chase..

 

1.72 not likely, never mind i am patient..i dont chase..

 

if ppt got intention to buy, their offer px will not be below market, becos they know you are wasting their time..ppl will sell on the open market..

just like nw i q...1.72...at least that is reasonable..if i got no intention to buy, i will q at 1.0...can i get my dose by today?..that just not possible..

those guy who got the purple form (offer to buy at 0.80c), throw inside the toilet bowl and sell here..to me at 1.72..i will buy fr you..

 

5 buck a possibility., 2 yrs when sti is 4000...but 0.80c..ppt can keep dreamimng, they got no intention to buy over..they are doing it on SGX ruling..

i am q to buy again...sold in the morning at 1.84...join me.

Laulan      ( Date: 02-Jun-2009 14:05) Posted: Now that the offer document for 80.5 cents (Iwarned before) is out, do you dare to buy even if I say it might be $5.00?  It will take real big courage to do so.  I dare not.

 

Now that the offer document for 80.5 cents (Iwarned before) is out, do you dare to buy even if I say it might be $5.00?  It will take real big courage to do so.  I dare not.

 

CSFB tgt price is 2.60 but I just take note & do not follow blindly as they may b right or wrong. I still trade base on my chart analysis n of course analysis may differ from person to person.

cheongwee      ( Date: 02-Jun-2009 12:13) Posted: yes, you are right and agree with you...this one is on steroid...but becos i got no money to pick up...so i contra off...50lots for 17k profit.. shd have put my $ here to grow faster... valuation of coy does not take the nav...if like that than SPH is not worth 3..and Keppel T&T..is is not 1.60..only nav 0.5..i dont know how expert value a coy share, but definitely do take future earning into consideration...and many factors as well... my fund manager friend value this one at 2.5 for now...really..but before that i will join you guy here.. richtan      ( Date: 02-Jun-2009 12:00) Posted: Wow!!! one moment u scared may drop to 0.80 n now wondering will go to $5.00. As usual, my advice is always, in trading, put emotions aside, trade base on wat the charts tell u, set cut-loss point & let profits ride. A lot of people let emotions rule their mind n it can be disastrous. It is human nature, not easy to curb emotions ( we just had one forumer who few days ago, makes me rotflol, screaming "tumbling...tumbling...tumbling" when the tat particular stock just correct merely 0.005 cts but now curbed his/her emotions when the next day, the price went up more than tat 0.005 cts) , need self-discipline & when in doubt, look back at the chart & dun pre-empt the chart & dun let emotions dictate your trading actions, let the charts do the confirmation & act on wat it tells u.

 

i understand the scaring incident, once enter the key, system keep u suspend,  so far OCBC ok..i trade less with POEMS...except for US stock, also ver rarely.., but that also i trade with E trade..

i thk because they are popular use broker, so bull day sys alway got jam...this is not the first and wont be the last time, unless u do something...

E-war      ( Date: 02-Jun-2009 12:16) Posted: Hi Cheongwee, what brokerage do u use to trade? Had enuff of POEMS. It's really quite bad when u need it up and running most.

 

i have several trding acc, OCBC, POEMS, LIM and TAN, DMG...ayoyo many ..why because of the trading limit...but only OCBC and POEMS limit higher, because very long with them..

the rest got limit, because they scare i will be another Nick Leeson, or Japanese trader who got jail recently...

try to open more acc, experience told me, if in a supa bull, some system can hand up and leave you frustrated...

E-war      ( Date: 02-Jun-2009 12:16) Posted: Hi Cheongwee, what brokerage do u use to trade? Had enuff of POEMS. It's really quite bad when u need it up and running most.

 

aiyoyo...5 buck now i dies , just sold.....maybe sti 3900 again, maybe if you long for say 1 to 2 yrs...possible..

 

Hi Cheongwee, what brokerage do u use to trade? Had enuff of POEMS. It's really quite bad when u need it up and running most.

 

yes, you are right and agree with you...this one is on steroid...but becos i got no money to pick up...so i contra off...50lots for 17k profit..

shd have put my $ here to grow faster...

valuation of coy does not take the nav...if like that than SPH is not worth 3..and Keppel T&T..is is not 1.60..only nav 0.5..i dont know how expert value a coy share, but definitely do take future earning into consideration...and many factors as well...

my fund manager friend value this one at 2.5 for now...really..but before that i will join you guy here..

richtan      ( Date: 02-Jun-2009 12:00) Posted: Wow!!! one moment u scared may drop to 0.80 n now wondering will go to $5.00. As usual, my advice is always, in trading, put emotions aside, trade base on wat the charts tell u, set cut-loss point & let profits ride. A lot of people let emotions rule their mind n it can be disastrous. It is human nature, not easy to curb emotions ( we just had one forumer who few days ago, makes me rotflol, screaming "tumbling...tumbling...tumbling" when the tat particular stock just correct merely 0.005 cts but now curbed his/her emotions when the next day, the price went up more than tat 0.005 cts) , need self-discipline & when in doubt, look back at the chart & dun pre-empt the chart & dun let emotions dictate your trading actions, let the charts do the confirmation & act on wat it tells u. Laulan      ( Date: 02-Jun-2009 10:13) Posted: I must6 admit that this bugger is real racer.  Gone up more than $1.00 recently only and still going strong.  Can it go to $5.00?  Note that the more than 100% gain from May when it was hovering somewhere below 80 cents.  Fantastic horse. Cheers.

 

Wow!!! one moment u scared may drop to 0.80 n now wondering will go to $5.00.

As usual, my advice is always, in trading, put emotions aside, trade base on wat the charts tell u, set cut-loss point & let profits ride. A lot of people let emotions rule their mind n it can be disastrous.

It is human nature, not easy to curb emotions ( we just had one forumer who few days ago, makes me rotflol, screaming "tumbling...tumbling...tumbling" when the tat particular stock just correct merely 0.005 cts but now curbed his/her emotions when the next day, the price went up more than tat 0.005 cts) , need self-discipline & when in doubt, look back at the chart & dun pre-empt the chart & dun let emotions dictate your trading actions, let the charts do the confirmation & act on wat it tells u.

Laulan      ( Date: 02-Jun-2009 10:13) Posted: I must6 admit that this bugger is real racer.  Gone up more than $1.00 recently only and still going strong.  Can it go to $5.00?  Note that the more than 100% gain from May when it was hovering somewhere below 80 cents.  Fantastic horse. Cheers.

 

done...i am out...of SAR..sold becos taking profit, nothing wrong with this counter...DYODD.

bought 1.5...sold 1.84..50 lots...gd luck to all..still thk it will hit my 1.9 soon..then to da moon..

hope to join you guy soon..

 

hi laulan........i hope u dont mind, i thk u would have cover your short position, but do u still thk thgat they offer 0.80c will cause market to sell down to this px?your opinion,pls

my opinion is that this ppt interested in buying so much of the SAR...they got no intention to takeover or at this market px, they got no capital to takeover...too expensive for them..but becos of regulation, they just simply set a px and follow SGX rule, by sending out offfer..

so ignore them...and enjoy the ride.

Laulan      ( Date: 02-Jun-2009 10:13) Posted: I must6 admit that this bugger is real racer.  Gone up more than $1.00 recently only and still going strong.  Can it go to $5.00?  Note that the more than 100% gain from May when it was hovering somewhere below 80 cents.  Fantastic horse. Cheers.

 

just discard it and i am not kidding, i would dare say all would do that.

They want to offer you to liquidate your position for $0.80 only but got to mail to every investors due to MAS regulations.

lm_clifford      ( Date: 02-Jun-2009 10:55) Posted: Dear All, I've recieved a Purple Form Regarding "Mandatory conditional cash offer for Straits Asia Resources Limited" Can anyone advise me abt the form. Thanks alot.

 

Dear All,

I've recieved a Purple Form Regarding "Mandatory conditional cash offer for Straits Asia Resources Limited"

Can anyone advise me abt the form.

Thanks alot.

 

 

But obviously due to too much speculation, it is quite dangerous to trade this one unless you have big chunck of $$ when it falls drastically to hold.

 

This is really a great counter , though speculative but not without basis. Pretty strong momentum, when prices retreat a bit, it gathers for the next price hike again.