
Exceeded my forecast.   But it is on the right path.   Cheers all of you!! Huat arh!!
1963411 ( Date: 22-Mar-2013 12:46) Posted:
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Cheers Mr. Bopanha....
1963411 ( Date: 22-Mar-2013 10:31) Posted:
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correct. Thats my idea too. Cos its a long weekend. Retailers wont wanna keep for 3 days. 
clickshop1628 ( Date: 22-Mar-2013 10:31) Posted:
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I think not so fast. Today is Friday, expect some profit taking later. Big move likely after Good Friday next week.
Thanks Mr Bopanha. Are you able to forecast it higher with your crystal ball in hand?:)
Bopanha ( Date: 22-Mar-2013 10:22) Posted:
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My forecast for today is 7.2 cents late in the afternoon. Hope not wrong! Watch it. Hehe!
Agreed. Think no problem for the price to hit 0.120 before 15 April regardless the RTO deal goes through. It has proven before end Feb 2013, before the RTO long stop date extended.
I am going to unload half when my target price is hit. And hold half pass 15 April 2013, if the deal really go through will be bonus.
Cheers..
I am going to unload half when my target price is hit. And hold half pass 15 April 2013, if the deal really go through will be bonus.
Cheers..
terencee ( Date: 21-Mar-2013 21:06) Posted:
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RTO is a private company taking over a public listed company so that the private company becomes a listed company . Just that simple. Hehe.
leezacch ( Date: 22-Mar-2013 09:55) Posted:
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Most importantly, the company taking over is sort of in the same related industry. If both company can work together, it will be beneficial to both. Thus the RTO have to be a success to push contel to greater heights. 
 
Date to take   note : 15 April 2013
 
If you're afraid of the risk, just load up now and unload a few days before that date. Should earn quite a small amount.
Well, don't trust my words. Do your own homework.  
Bopanha ( Date: 22-Mar-2013 09:53) Posted:
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when's the RTO?
One of the bosses is putting in more money to ensure success. I think the group has solid milestones in mind. Cheers.
seanpent ( Date: 22-Mar-2013 09:50) Posted:
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sounds exciting
The RTO is definitely going to be a success since the people involved are insiders (interested parties). 
ROCK ON...
This counter is waiting for things to happen. The RTO success will trigger the loan from the director. The director willing to loan the money into contel at a price around 9c. Currently this counter is trading at 6.3c ? Something is up definitely. I would say load up and wait for the fairy tale to come true. Even if it doesn't, just unload it before they announce. You should be able to earn 25% - 50% at least. 
 
To load or not to load, its up to you all. But I'm heavily loaded in contel. I liquidated my other counters just to put my funds into this. I'm still waiting for more funds to pour in. I hope I can see some funds flow into my bank accounts this week so I can load up. We might face a little red tomorrow as its friday and everyone would prefer to sleep better without worries. It might be a good time to load. Perhaps the last time to load up at this price before BBs come in to push up the prices. 
1963411 ( Date: 21-Mar-2013 18:14) Posted:
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Good close today. Rebound to continue tomorrow? 
 
Mr. Bopanha and others, any view? 
Yup agreed Mr. Bopanha. Unless you are really so good able to " sell high, buy low" ... Buy and keep under the pillow till mid April 2013 is the best option.
agreed. If only i have funds to enter more. :( Was aiming to enter at 57 earlier but waiting for my funds to flow in  

Bopanha ( Date: 21-Mar-2013 11:16) Posted:
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Don't anyhow take profit for this one, else you will have to buy higher later.
Corporate action finalization is due soon.   April is just about a week of trading from now.