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21-40 of 52
Very nice move today. High volumes. MFI up from 61 to 73, more funds flowing in. Married trade of 4,023,000 shares at 0.145, large buy ups, one of which was 1,000,000 shares at 0.165.
Seems to me that 0.20 will be reached soon, with the continued inflow of funds.
But do be prepared that stock may go for a short break of at least one week before running up again. Buy now only if you are prepared to hold and wait for it to climb further.
No contras please.
terrance...can share your view on short term price movement for this stock, please? say 2 to 3 weeks...thanks!
Hi all! Yes we do need more value investors on the new forum http://www.investmenthaven.co.nr/
I'm a new one, so would like to learn more from the experienced ones! Hope to see you guys there!
excellent run today.
terencefok, we need FA folks in this new forum. drop by sometime? http://www.investmenthaven.co.nr/
thanks, terencefok.
Yup, this is only the start. Looking at historical levels, all time high is 0.30, so there are lots of stale bulls i.e people who have been holding onto their shares as they do not want to sell at a loss. Once it can break through 0.30, it will be smooth sailing all the way.
Anyway, in my earlier post, I mentioned that this company has good operating cash flows, so once they settle with all their non-operational losses, the income statement would become positive.
now at 16.5cts ! terencefok, you intend to keep yr 0.3% ?
bought another 180,000 today at $0.15. At current price good to collect again for next round of run up. As of today, I have 0.3% of Metal Comp. in my hands.
Terence is only 18 yrs old? Wah , really niang ching you wei! My goodness, when I was 18, only income is holiday part- time job at KFC with peanut pay. pei foo to terence .
BTW, I did not read the posts for one day and now I read about some deflamation post on Ray & Vic. very sad and perplexed. What in the world happened?
Hi terencefok, thanks.
MFI at Friday's close is 68, heading up. More inflow of funds pouring into this counter. Do note that on Friday, there were large buy ups. 3 trades each at least 500 lots. One of them almost 1,000 lots. These guys are not buying for fun, given the amount of money pumped into the stock. They surely expect an improvement in the coming half year results due to be released next month.
Also look at the changes in shareholdings in the past two years, securities firms and brokerages buying lots of shares. Based on 2006 AR, OCBC Securities is the largest shareholder.
Hi Chipchip66, I have no doubt about that. At the success rate that he is having, it will probably be sooner than later. I am really impressed at his achievements at such a young age....
let's hope Terence will be a millionaire b4 21yrs old. Cheers!
Hi Terencefok, hope to learn something from you. What make you think that this counter is heading 20cts ?
Another 500 lots buy up at 0.165
Big boys waiting to buy at 0.15 and 0.155, 2 large buy ups. 576 lots at 0.15 and 940 lots at 0.155. Congrats to all vested in this counter. Resistance of 0.155 broken. Heading towards 0.20 in the next few days.
short term resistance at 0.155, support at 0.135, stock has been floating near resistance for a few days.
I vested at 0.13-0.145
Hi Terencefok, did u vest and at what px?
Metal Comp. is doing very well. 0.46m sell down against 1.72m buy up. Strong accumulation at 0.15. Do keep a lookout in the coming days.