Mirach Energy   

Half price compared with last April

Whenever a counter gaps up from previous closing then suddenly sell down, it is very likely that someone distributing. The price he willing to sell is around the price gap up. 

 

I'm not staying around to let someone distribute and get stuck. Cut loss already. From 0.225 to 0.2. Lost 5 pips. But will buy back later when I see low. 

vincente      ( Date: 13-Nov-2013 09:36) Posted: Haha...better RUN ROAD first. mazdadan      ( Date: 13-Nov-2013 09:31) Posted: Morning big volume of buying at 0.205 than suddenly there is no buying interest. Is this short covering.

 

Haha...better RUN ROAD first.

mazdadan      ( Date: 13-Nov-2013 09:31) Posted: Morning big volume of buying at 0.205 than suddenly there is no buying interest. Is this short covering.

 

Morning big volume of buying at 0.205 than suddenly there is no buying interest. Is this short covering. 

 

Bo pian lo. That time has passed, now just got to wait for the next chance to come liao.

Simpsons      ( Date: 12-Nov-2013 16:54) Posted: The last round it went up to 0.26. It was a good chance to cash out...if i had the chance, i would have saved some $$ Spivvy      ( Date: 12-Nov-2013 16:18) Posted: if loss is little then cut, if loss alot hold. I lost too much to cut now liao. Cut or hold makes not much diff also. Leave it there in the mkt to fight or rot..

 

Closing today looks good to me. Meaning there's no sellers. Only shorts. Or people trying to buy lower anticipating the shorts. 

 

 

 

The last round it went up to 0.26. It was a good chance to cash out...if i had the chance, i would have saved some $$

Spivvy      ( Date: 12-Nov-2013 16:18) Posted: if loss is little then cut, if loss alot hold. I lost too much to cut now liao. Cut or hold makes not much diff also. Leave it there in the mkt to fight or rot..

 

if loss is little then cut, if loss alot hold. I lost too much to cut now liao. Cut or hold makes not much diff also. Leave it there in the mkt to fight or rot..

 

Just hold. This company got potential. But due to the down market, it won't crawl up so fast

 

thanks, dude.

Mrbat$$$      ( Date: 12-Nov-2013 15:11) Posted: At this price just hold on to this

 

At this price just hold on to this

 

Very confused now. Don't know cut or hold.

terencee      ( Date: 12-Nov-2013 09:00) Posted: I'm vested in mirach. Just wanna check properly.    If shortist short, we just keep buying ? Lets hope mirach wont drop too drastic. Not many people are willing to sell already.   kc0257      ( Date: 12-Nov-2013 00:51) Posted: They are profiting. All of you are right that people don't read the details. That leaves the Shortists the opportunities. I predict a drop follow by gain tomorrow. Have a feeling will form a U. Drop to 0.153 then rise.  The game is unpredictable. Let's see in 8 hours time.   Good luck to the long term investors of Mich Energy.

 

Mirach Energy registered a 3Q13 net loss of US$3.8m (3Q12: -US$1.3m) and revenue at US$1.7b (+604%), as the group?s bottom-line was weighed largely by a 1572% increase in finance costs to US$4.1m.

The result brings Mirach?s 9M13 net loss to US$3.2m (9Q12: -US$3.7m).

The increase in revenue was mainly due to the USD1.50m derived from the provision of advisory services to Project Global Investment Limited and additional revenue of US$0.24m derived from technical oilfield services provided to associate company, CPHL (Cambodia). Finance costs at US$4.1m (+1572%) was the main drag on bottom-line.

 

I'm vested in mirach. Just wanna check properly. 

 

If shortist short, we just keep buying ? Lets hope mirach wont drop too drastic. Not many people are willing to sell already.  

kc0257      ( Date: 12-Nov-2013 00:51) Posted: They are profiting. All of you are right that people don't read the details. That leaves the Shortists the opportunities. I predict a drop follow by gain tomorrow. Have a feeling will form a U. Drop to 0.153 then rise.  The game is unpredictable. Let's see in 8 hours time.   Good luck to the long term investors of Mich Energy. terencee      ( Date: 11-Nov-2013 23:53) Posted: If I'm nt wrong, they are actually profiting right

 

They are profiting. All of you are right that people don't read the details. That leaves the Shortists the opportunities. I predict a drop follow by gain tomorrow. Have a feeling will form a U. Drop to 0.153 then rise. 

The game is unpredictable. Let's see in 8 hours time.

  Good luck to the long term investors of Mich Energy.

terencee      ( Date: 11-Nov-2013 23:53) Posted: If I'm nt wrong, they are actually profiting right? minuminu      ( Date: 11-Nov-2013 19:43) Posted: That was due to one-time off payment. Price may go down still. Most of speculators don't read the reports carefully or don't read at all

 

Yes, they are a long term investment now

 

If I'm nt wrong, they are actually profiting right?

minuminu      ( Date: 11-Nov-2013 19:43) Posted: That was due to one-time off payment. Price may go down still. Most of speculators don't read the reports carefully or don't read at all. Du_shen      ( Date: 11-Nov-2013 18:23) Posted: Net loss trippled.. selloff expected tmr. But then again, this counter always like to kisiao. Expect the unexpected. Haha

 

That was due to one-time off payment. Price may go down still. Most of speculators don't read the reports carefully or don't read at all.

Du_shen      ( Date: 11-Nov-2013 18:23) Posted: Net loss trippled.. selloff expected tmr. But then again, this counter always like to kisiao. Expect the unexpected. Haha

 

Net loss trippled.. selloff expected tmr. But then again, this counter always like to kisiao. Expect the unexpected. Haha

 

 

Mirach queue starting today was so nice. 3.6k buy against 800 sell @210 on matching.

Suddenly all gone. Hmmmm...

 

Euro plunges against the dollar and pound as European Central Bank surprises markets with cut in benchmark and marginal lending rates

The European Central Bank (ECB) has cut interest rates to a new low in the face of deflationary pressures in the euro area.

The ECB cut its central - or main refinancing rate - by a quarter of a percentage point to 0.25pc at its monthly policy meeting on Thursday. It also cut the rate on its marginal lending facility, which offers overnight credit to banks from euro countries, to 0.75pc from 1pc.
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Not sure if this is what he meant.

Spivvy      ( Date: 08-Nov-2013 01:11) Posted: Means what? medivh      ( Date: 07-Nov-2013 21:03) Posted: tomorrow I will be waiting for my profits lol.. else it will be next week.   ECB cuts rate.. u know what that means.