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iPunter ( Date: 16-Jun-2009 19:48) Posted:
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The market is now very 'pengsan'... it may stay like this for some time to come.
It may not take very long to get a really good price... but remember that price may never be hit at all...
What we are trying to doing is get the best 'value' we can for our money...
Thus, we have to be very mean when we deal with the stock market...
That is why nice peope usually lose their shorts in the stock market -
Be nice with people, but be mean with the market beast.
Calculation? Newton's Law??
Ha ha, AK likes d 3qtr's wish. But on d other hand, if ds burger px loitering ard ds band and Lim n coy need more cap to pump into MGM n support d illed casino biz in Britain, then AK guess, d next move is to raise Right issue again, then d 0.01% band will definitely come true liao, lelong to all. Then people will shift their waiting px to d IPO px 35cts liao.
Getting fund fr R issue is not funny, just look at Raffles Edu Corp, within 2 mths, second issue of R, thirst of money, with no mercy.
No calling, for sharing. Nothing much can be done today. Doing hsekeeping on cpu, doing defragmentation at d backgrd. Ha, only 60% cleaned up on d OS disk(C:), since 0730. Had cleaned up Disk D: since 0100, I think took few hrs as well.
newtothis ( Date: 17-Jun-2009 08:46) Posted:
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AnthonyTan ( Date: 17-Jun-2009 09:56) Posted:
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iPunter, I am also interested to buy at 0.495. But when will that be.
1 wk,2wks,1mth,3mths,6mths,1yr,2yrs,,3yrs,,5yrs,10yrs, or more.
Good luck.
newtothis ( Date: 17-Jun-2009 08:46) Posted:
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0.01% chance it will drop below $0.50
2% chance it will drop below $0.60
75% it will in the $0.60 range till good news
22.99% it will break $0.70 range till good news
Based on my calculation.
I'll stick to my guns and wait for .495...
AK_Francis ( Date: 16-Jun-2009 23:08) Posted:
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The main bulk of the Gent Int(IPO, 35c, if not mistaken) or Gent Sp( Initial offer qty + d huge qty of Right issue) are held by Lim families n some of the Finance Institutions. Didn't see active action on buying back share since IPO n Right issue offer. Hence, AK perceives that their avg cap on ds burger is ard 47.5c /sh.
The last 9% stake sales at 72 cts enough for Lim to make huge profit liao, despite then d open market px was high at 89.5 cts. Many kena played out, including AK lah.
AK also guess that those holding huge qty of d shares are not wished to see d px drops below d last Right issue px of 60cts. Hence, I opine that there will be support at ds level by d tycoons, if need be.
Above for sharing, no calling. Ha ha, tried techical naked shorting ds burger at 65cts before market open but to no avail, withdraw later. Didn't make it on Yangzi as well. Consolation with BIG on d same trick, got teh talek only. Nothing much can be done during ds period, pass time only loh. Cheers.
A rebuttal to a comment need not mean agitation.
It is a clarification... an education, if you like.
And in any case, if one can get agitated at all, one should not be a stock player at all.
Because then, one will also easily get angry with the market! Which is taboo! ...
iPunter ( Date: 16-Jun-2009 19:26) Posted:
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getting interesting here :) very good game by Genting Today.
Ipunter,
Looks like you are hoping that this counter will drop to your entry point. Care to share on what basis are you saying that this counter will drop to S$0.495 or is it just your target for entry? Or are you trying to influence this share to drop to S$0.495 via forum.
For those vested, I am sure they would be very interested to know.