HG Metal
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HG Metal a hidden gem ?
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yo dealer, miss out your posting also, last week i was busy in another forum(channelnewsaisa market talk), interesting forum, you might want to check out Lorenzo. I sold Chinafibre and went into this counter.
Bintang, you are here too?? how are you, so long never see your posting and also greatly appreciate your comments on HG metal ....btw, .is that 
still at mermaid?
dealer0168 ( Date: 12-Oct-2009 22:22) Posted:
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Hi Bintang, ya agreed that current TA point of view fr HG Metal does not show a up trend yet.
But TA trend for each counter may keep changing, just hope the day for it to progress up come soon. Cheers.
Bintang ( Date: 12-Oct-2009 21:57) Posted:
| HG Metal improved half a cent today , but the current share price is below its 30MA n 50MA , n 100MA has just cut 50MA from above , this is not a good signal . To have a uptrend , share price must be above the moving averages which form the golden cross . |
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HG Metal time may come soon (it worth more than this value). Let wait patiently folks.
Another top up by CHONG THIM PHENG:
| Name of Announcer * |
HG METAL MANUFACTURING LTD |
| Company Registration No. |
198802660D |
| Announcement submitted on behalf of |
HG METAL MANUFACTURING LTD |
| Announcement is submitted with respect to * |
HG METAL MANUFACTURING LTD |
| Announcement is submitted by * |
FOONG LEE HENG |
| Designation * |
COMPANY SECRETARY |
| Date & Time of Broadcast |
13-Oct-2009 17:08:28 |
| Announcement No. |
00049 |
| The details of the announcement start here ... |
| 1. |
Date of notice to issuer * |
12-10-2009 |
| 2. |
Name of Substantial Shareholder * |
CHONG THIM PHENG |
| 3. |
Please tick one or more appropriate box(es): * |
| |
Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]
|
| 1. |
Date of change of [Select Option] |
|
| 2. |
Name of Registered Holder |
|
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
[Select Option] |
| |
# Please specify details |
|
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of [Select Option] held before the change |
|
| As a percentage of issued share capital |
% |
| No. of N.A. which are subject of this notice |
|
| As a percentage of issued share capital |
% |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
|
| No. of N.A. held after the change |
|
| As a percentage of issued share capital |
% |
|
| 1. |
Date of change of Shareholding |
12-10-2009 |
| 2. |
The change in the percentage level |
From 6.49 % To 6.90 % |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| |
# Please specify details |
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| 4. |
A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: |
| THE CHANGE IN THE PERCENTAGE LEVEL IS THE RESULT OF A SERIES OF TRANSACTIONS. |
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| 1. |
Holdings of Substantial Shareholder , including direct and deemed interest : |
 |
Direct
|
Deemed
|
| No. of shares held before the change |
50,250,666 |
0 |
| As a percentage of issued share capital |
6.49 % |
0 % |
| No. of shares held after the change |
53,500,666 |
0 |
| As a percentage of issued share capital |
6.90 % |
0 % |
displayAttachments_LN::
displayAttachmentsLength_LN::
| Attachments |
Total size = 0
(2048K size limit recommended)
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Yup. Normally i will only average down when my current share value drops around 30%. N yr 8.5 cents very near to it.
N if it drop around another 30% again (which is very impossible for HG Metal, to my opinion), i will top up again as to its looks too cheap for HG Metal at that price..
*N to drop to 0.085 looks not quite possible also, unless its 3rd qtr is still not progressing well. But to expect HG Metal to get very good 3rd qtr results maybe too demanding also. As things only starts to pick up for its business sector. So may have to be abit patience on it if u want to spin off big with it.
Bintang ( Date: 12-Oct-2009 22:41) Posted:
But remember , always average up n not average down .
dealer0168 ( Date: 12-Oct-2009 22:39) Posted:
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Ok noted. But if it drop there i may do some top up. 
See how things goes. Hope my bet for this one is right.
Cheers.
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But remember , always average up n not average down .
dealer0168 ( Date: 12-Oct-2009 22:39) Posted:
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Ok noted. But if it drop there i may do some top up.
See how things goes. Hope my bet for this one is right.
Cheers.
Bintang ( Date: 12-Oct-2009 22:35) Posted:
| Ok dealer0168 , but u must also set your stop-loss protection since there is a gap at 8.5 cents has not filled yet |
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Ok noted. But if it drop there i may do some top up.
See how things goes. Hope my bet for this one is right.
Cheers.
Bintang ( Date: 12-Oct-2009 22:35) Posted:
Ok dealer0168 , but u must also set your stop-loss protection since there is a gap at 8.5 cents has not filled yet .
dealer0168 ( Date: 12-Oct-2009 22:29) Posted:
Btw Bintang, i buy HG Metal is bc of the type of business it is in. I am looking abit long for this one.
N i hope it can progress high up soon.
Cheers. |
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Ok dealer0168 , but u must also set your stop-loss protection since there is a gap at 8.5 cents has not filled yet .
dealer0168 ( Date: 12-Oct-2009 22:29) Posted:
Btw Bintang, i buy HG Metal is bc of the type of business it is in. I am looking abit long for this one.
N i hope it can progress high up soon.
Cheers. |
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Btw Bintang, i buy HG Metal is bc of the type of business it is in. I am looking abit long for this one.
N i hope it can progress high up soon.
Cheers.
Yes , dealer0168 , if a good FA counter ,we can always accumulate when it is in a depress TA mode .
dealer0168 ( Date: 12-Oct-2009 22:22) Posted:
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Hi Bintang, ya agreed that current TA point of view fr HG Metal does not show a up trend yet.
But TA trend for each counter may keep changing, just hope the day for it to progress up come soon. Cheers.
Bintang ( Date: 12-Oct-2009 21:57) Posted:
| HG Metal improved half a cent today , but the current share price is below its 30MA n 50MA , n 100MA has just cut 50MA from above , this is not a good signal . To have a uptrend , share price must be above the moving averages which form the golden cross . |
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Sorry typo error, should be:
But TA trend for each counter may keep changing, just hope the day for it to progress up come soon.
dealer0168 ( Date: 12-Oct-2009 22:22) Posted:
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Hi Bintang, ya agreed that current TA point of view fr HG Metal does not show a up trend yet.
But TA trend for each counter may keep changing, just hope the day for it to progress up come soon. Cheers.
Bintang ( Date: 12-Oct-2009 21:57) Posted:
| HG Metal improved half a cent today , but the current share price is below its 30MA n 50MA , n 100MA has just cut 50MA from above , this is not a good signal . To have a uptrend , share price must be above the moving averages which form the golden cross . |
|
|
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Hi Bintang, ya agreed that current TA point of view fr HG Metal does not show a up trend yet.
But TA trend for each counter may keep changing, just hope the day for it to progress up come soon. Cheers.
Bintang ( Date: 12-Oct-2009 21:57) Posted:
| HG Metal improved half a cent today , but the current share price is below its 30MA n 50MA , n 100MA has just cut 50MA from above , this is not a good signal . To have a uptrend , share price must be above the moving averages which form the golden cross . |
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HG Metal improved half a cent today , but the current share price is below its 30MA n 50MA , n 100MA has just cut 50MA from above , this is not a good signal . To have a uptrend , share price must be above the moving averages which form the golden cross .
Yo yo .... sorry recently quite busy, so reply late. Yup still here. Will not leave Rachael alone loh. Cheers.
Hope this baby start to run soon. Dow been performing recently. N i am abit quite bullish with US companies 3rd qtr results updating also.
But more reserve on their 4th qtr results updating.
Anyway, let continue monitor and see how things goes..
Cheers.
rachael ( Date: 12-Oct-2009 10:19) Posted:
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Yo dealer, glad to know that you are still at this counter, I am still holding on... hopefully it will move soon.
dealer0168 ( Date: 09-Oct-2009 21:45) Posted:
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For the one i sending, actually it is indicating a shareholder had increased his stake in HG metal. Basically is a good new. The more they buy back the best loh.
Cheers. |
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Yo dealer, glad to know that you are still at this counter, I am still holding on... hopefully it will move soon.
dealer0168 ( Date: 09-Oct-2009 21:45) Posted:
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For the one i sending, actually it is indicating a shareholder had increased his stake in HG metal. Basically is a good new. The more they buy back the best loh.
Cheers.
freeman_5js ( Date: 09-Oct-2009 21:23) Posted:
tt post u posted.
* Asterisks denote mandatory information....
wht does it means n does it affects tt investors? thanx.
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ic, im pretty new to tis investing thing. so thanx for enlightening.
ha hope tis counter will rise !
For the one i sending, actually it is indicating a shareholder had increased his stake in HG metal. Basically is a good new. The more they buy back the best loh.
Cheers.
freeman_5js ( Date: 09-Oct-2009 21:23) Posted:
tt post u posted.
* Asterisks denote mandatory information....
wht does it means n does it affects tt investors? thanx.
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tt post u posted.
* Asterisks denote mandatory information....
wht does it means n does it affects tt investors? thanx.
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Emm what tt yellow highlighted words u refering to????
freeman_5js ( Date: 09-Oct-2009 14:37) Posted:
| hi sorrie can some1 explain tt yellow highlighted words in layman terms. Thanx~ |
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hi sorrie can some1 explain tt yellow highlighted words in layman terms. Thanx~
Its time to move babe........
Cheers.
