
Nearly hit my target price of 57. But saw the chart clearly again, wa actually there is a gap at 55.5cents. So suggest buy at this price.
Technical rebound likely for this stock next week but medium term seems to be going for a bungee jump, unlikely to come back unless H chip makes a strong comeback.
Seems the ADR have lost the spark. Need new story line to carry on the act, otherwise Da Jie Jun coming
Good luck for those looking for a punt. Heng Heng.
Tankuku,
I understand ur feeling now & u hv invested Sinotel bcos u hv given out Ausgroup. Now Ausgroup oso doesn't look gd too. The present price still remain b4 X'mas time last yr. When Sinotel reaches 0.675 fourth times attemp, y dun u sell? Of cos, nobody in tis world can sell e highest price. But 4th times attemp were v v obvious. Since u oredi hold so long & now u sold. If Mon Sinotel climb how?
So wat Counter r u planning 2 invest nxt? Wat's in ur mind now? Can share? Y dun u try Osim?
('',)
tankuku ( Date: 22-Jan-2010 18:20) Posted:
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The bleedy management don't care above the existing shareshoder. Placement share benefit investor with the capitor the buy the new share at discount price.Existing shareholder got nothing to gain except share dilution.
DAMP it. Have sold all this morning. NO CONFIDENT WITH THE MANAGEMENT ANY MORE.
Bleedy A.H. SHIT SHIT.
BETTER CUT LOST. Believe will have placement agan in months to come.
SHIT SHIT.
haa, 0.65 ? still far way to go man .... anyway, remain positive always .......
just let those panic ppl sell off now, let them dump ........ price should recovering soon .....
Drop too much again.. seem that 0.650 is the strong resistance for this counter.
Any body knows why Sinotel was halt again?
Smart BBs wun set Sell / Buy Q...
If I'm not wrong, Tiongwoon has Halt last was 0.865. & nxt day Mkt opened was 0.835. & dan slowly slowly slowly... Faint!!! : (
lsj840428 ( Date: 21-Jan-2010 22:45) Posted:
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confirm tmr ki chia.
57 cents would be a good entry point then dump again once it release its annual result which should be a good 20% higher than last FY.
Short term trade for this one.
When it is beginning of a bull run, everyone likes a placement to ride on the wave
When it's near the end of bull run, everyone dumps it cos it dilutes eps.
When it's a bear run, no one will issue a placement cos no one will take up, hence coy select the mode of capital throught rights issue which is better for existing shareholders.
When it's middle of bear, the stock just roll themselves down even w/o placement
Bon3260 ( Date: 21-Jan-2010 22:30) Posted:
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Oops, if confirm it's plcmt shares... Means tmr'll oso r expecting drop too... : (
Tiongwoon lastime too, once announced plcmt shares oso drop when Mkt opened.
Bon3260 ( Date: 21-Jan-2010 21:17) Posted:
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21 January 2010
SINOTEL TECHNOLOGIES LTD.
The placement price of S$0.5755 for each Placement Share represents a discount of approximately
10.0% of the weighted average price for trades done on the Company’s shares on the SGX-ST for
the full market day on 20 January 2010 (being the preceding full market day prior to the signing of
the Placement Agreement) and up to the time of the trading halt of its shares on 21 January 2010.
When completed, the Placement will increase the issued and paid up share capital of the Company
to 336,000,000 ordinary shares and the Placement Shares will represent approximately 8.3% of the
Company’s enlarged share capital after completion of the Placement.
(* .*) . . . . ...
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C8CF6235ED91E3B4482576B2003A193B/$file/Announcement-Placement-Final.pdf?openelement
U shd thx 2 Sinotel has selected "Halt" today. If not... Look @ others Counters, dropped like hell...
Juz think, wat wld happen if Sinotel din Halt today? Wat price'll it drop till?
aleoleo ( Date: 21-Jan-2010 18:57) Posted:
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got to keep it longer i think. discount of 10% to new investors ! like ying li, think it will correct meaning move towards 0.57.
Seems like a private placement. Meaning to say instituions are interested in this company which is a good thing (??)
Any advise on this? Thanks.
God damn it, placement shares at 0.5755
Will it drop below this once reopen tomorrow ? or will it be pushed up ?