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sian...should hold till monday anot? lol.
XXXXXXXXX again.
Reaching 0.17 liao,sign.......
Hahaha so hot in the forum, how not to watch at this. Although it had dipped quite a lot but still no confident. Moreover, i am working, don't have so much time to monitor. Good luck to you on this counter! :) Huat ah!
bryancbq ( Date: 05-Apr-2012 15:10) Posted:
oo..haha. good good. at least u earn a sizable bit for that two. I got mdr and jel, but missed hlh also. jel i also sold at 1.7c, sian..haha. if waited one more day could have doubled my profit. but well, should be contented. u watching this counter also ah? a bit hard to tell what the BBs are trying to do. also no confident about where this counter will go. succumbed to emotions when i bought this =/ haha.
HengLee ( Date: 05-Apr-2012 12:03) Posted:
Hello! :) I am still observing. Recently clear all my holding on MDR and HLH. Most sad is JEL, didn't manage to catch the ride! Right now still seems a bit shaky, have to take caution.
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mmm...are there even the slightest reason for it to go further up? haha.
Painful bro.
Hope my 0.17 trigger loss wont be hit.
ls8615 ( Date: 05-Apr-2012 15:52) Posted:
I think so. I didn't read carefully and thought it was good for shareholders S$0.335 and hope it will cheong.
Checked the 2010 annual report and saw 88.69% of shares held by 23 persons. Their call.
I sold at $0.175 today.
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I think so. I didn't read carefully and thought it was good for shareholders S$0.335 and hope it will cheong.
Checked the 2010 annual report and saw 88.69% of shares held by 23 persons. Their call.
I sold at $0.175 today.
mmm...that means no future for shareholders?
ls8615 ( Date: 05-Apr-2012 15:33) Posted:
Existing total number of shares =  425,525,361
925,373,134 new shares at S$0.335 is to issue to Sinway Investment (Owner of Chiwayland).
As a result Sinway will become the controlling shareholder (reverse takeover). Eventually Oceansky business will be disposed  (to be sold to the existing CEO,SMO and SVP) at much much below NAV.
If you look at Chiwayland's website, they do not post new news since July 2011. Not much info can be found.
kahlid ( Date: 05-Apr-2012 15:20) Posted:
I read somewhere in the doc that they are issuing new shares at 0.335 per share |
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REALLY!!!!.... for a moment I was much elated 

    .... a sense of hope.

.  keep my fingers crossed for now and watching closely.
kahlid ( Date: 05-Apr-2012 15:20) Posted:
I read somewhere in the doc that they are issuing new shares at 0.335 per share?
ls8615 ( Date: 05-Apr-2012 15:03) Posted:
The NAV of the company worth US$71m and to be sold to the 3 controlling shareholders at not more than S$63m (S$0.148/share). The win-win only for Chiwayland and the 3 controlling shareholders. Not sure if I interpret correctly.
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Existing total number of shares =  425,525,361
925,373,134 new shares at S$0.335 is to issue to Sinway Investment (Owner of Chiwayland).
As a result Sinway will become the controlling shareholder (reverse takeover). Eventually Oceansky business will be disposed  (to be sold to the existing CEO,SMO and SVP) at much much below NAV.
If you look at Chiwayland's website, they do not post new news since July 2011. Not much info can be found.
kahlid ( Date: 05-Apr-2012 15:20) Posted:
I read somewhere in the doc that they are issuing new shares at 0.335 per share?
ls8615 ( Date: 05-Apr-2012 15:03) Posted:
The NAV of the company worth US$71m and to be sold to the 3 controlling shareholders at not more than S$63m (S$0.148/share). The win-win only for Chiwayland and the 3 controlling shareholders. Not sure if I interpret correctly.
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I read somewhere in the doc that they are issuing new shares at 0.335 per share?
ls8615 ( Date: 05-Apr-2012 15:03) Posted:
The NAV of the company worth US$71m and to be sold to the 3 controlling shareholders at not more than S$63m (S$0.148/share). The win-win only for Chiwayland and the 3 controlling shareholders. Not sure if I interpret correctly.
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oo..haha. good good. at least u earn a sizable bit for that two. I got mdr and jel, but missed hlh also. jel i also sold at 1.7c, sian..haha. if waited one more day could have doubled my profit. but well, should be contented. u watching this counter also ah? a bit hard to tell what the BBs are trying to do. also no confident about where this counter will go. succumbed to emotions when i bought this =/ haha.
HengLee ( Date: 05-Apr-2012 12:03) Posted:
Hello! :) I am still observing. Recently clear all my holding on MDR and HLH. Most sad is JEL, didn't manage to catch the ride! Right now still seems a bit shaky, have to take caution.
bryancbq ( Date: 05-Apr-2012 00:13) Posted:
hello henglee! Long time no see. haha. as u can see, i got very poor discipline, and got vested in this, even though previously i said i will stay away. hahaha.
Anyway guys, Sunmoon looks like a potential short-term trade? just saying, i don't know anything de. haha. In any case, I think the most just get money stuck inside for a few years, unless the company close shop. I am not vest, but it caught my attention.  |
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The NAV of the company worth US$71m and to be sold to the 3 controlling shareholders at not more than S$63m (S$0.148/share). The win-win only for Chiwayland and the 3 controlling shareholders. Not sure if I interpret correctly.
RTO, exiting the current business and venturing into property development in China. Check out the SGX website.
thunderdoor ( Date: 05-Apr-2012 12:38) Posted:
Can someone tell me what was the trigger news to this, is OceanSky quitting garment business? Just enquiring. |
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Can someone tell me what was the trigger news to this, is OceanSky quitting garment business? Just enquiring.
Hello! :) I am still observing. Recently clear all my holding on MDR and HLH. Most sad is JEL, didn't manage to catch the ride! Right now still seems a bit shaky, have to take caution.
bryancbq ( Date: 05-Apr-2012 00:13) Posted:
hello henglee! Long time no see. haha. as u can see, i got very poor discipline, and got vested in this, even though previously i said i will stay away. hahaha.
Anyway guys, Sunmoon looks like a potential short-term trade? just saying, i don't know anything de. haha. In any case, I think the most just get money stuck inside for a few years, unless the company close shop. I am not vest, but it caught my attention.  |
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at 23c? whats ur cut loss? hopefully will move up from here..
doldoves ( Date: 05-Apr-2012 11:23) Posted:
yes.. at wrong timing..bgt at high.....
bryancbq ( Date: 05-Apr-2012 10:52) Posted:
erm..i usually dont average down, unless even before i put money in, i already plan to buy in blocks. having learnt some hard lessons in the past, i now put a limit to my max exposure to any one counter.
also i feel that by averaging down, i am increasing my exposure, and that makes me more susceptible to emotions. ya lo...but thats how i trade ba. u vested in this as well?  |
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yes.. at wrong timing..bgt at high.....

bryancbq ( Date: 05-Apr-2012 10:52) Posted:
erm..i usually dont average down, unless even before i put money in, i already plan to buy in blocks. having learnt some hard lessons in the past, i now put a limit to my max exposure to any one counter.
also i feel that by averaging down, i am increasing my exposure, and that makes me more susceptible to emotions. ya lo...but thats how i trade ba. u vested in this as well? 
doldoves ( Date: 05-Apr-2012 10:44) Posted:
hmmm... is.0.175 the support line and if break will drop further?  it if really has the potential then perhaps buying some  to average would be an alternative to cutting loss ya?  just thinking in words.... pondering which direction to take........ |
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erm..i usually dont average down, unless even before i put money in, i already plan to buy in blocks. having learnt some hard lessons in the past, i now put a limit to my max exposure to any one counter.
also i feel that by averaging down, i am increasing my exposure, and that makes me more susceptible to emotions. ya lo...but thats how i trade ba. u vested in this as well? 
doldoves ( Date: 05-Apr-2012 10:44) Posted:
hmmm... is.0.175 the support line and if break will drop further?  it if really has the potential then perhaps buying some  to average would be an alternative to cutting loss ya?  just thinking in words.... pondering which direction to take.........
bryancbq ( Date: 05-Apr-2012 10:04) Posted:
i think its a ploy. i wanted to cut at 0.175. But it became quite obvious that someone is trying to force down prices deliberately. so i didn't. cunning play with human emotions. |
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hmmm... is.0.175 the support line and if break will drop further?  it if really has the potential then perhaps buying some  to average would be an alternative to cutting loss ya?  just thinking in words.... pondering which direction to take.........
bryancbq ( Date: 05-Apr-2012 10:04) Posted:
i think its a ploy. i wanted to cut at 0.175. But it became quite obvious that someone is trying to force down prices deliberately. so i didn't. cunning play with human emotions. |
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Share px. drop very easily as well as moving up very fast
also.
AnthonyTan ( Date: 04-Apr-2012 10:50) Posted:
Many forumers have been shouting alot regarding
this stock. Pl, no more shouting. Can't even see the
smoke lor.
PapaSmurf ( Date: 03-Apr-2012 10:19) Posted:
Told you guys right!
Today will start
31.5 soon |
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