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Up Up and away !!!!!!!
Please hit $0.65 :) ahha
Ok good. BBs load back much earlier than I think...
shld be creeping up
whoakakaka
Shares buyback is a sign tat the company still hav confidence with its progress.... Shall continue to still hold
Haha... May be...
I just share without any incentives. I will continue to earn my money with my philosophy.
risktaker ( Date: 03-Oct-2012 09:53) Posted:
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me quietly confident it wont breach my 0.48 lvl
rem 3 wks to agm and agm, laurie may just brief still early stage processing...then BBs no excuse to play up somemore untill further announce its submitted to asx blar blar...so where do the price head...probably it will hold just like other counters like BIG Stxov...within certain range.
im just thinkg options they will play, but like u said, definitely im sure BBs very much in it...maybe its shaolin vs wu dang sect now...we just need to be on the right side - sit where its cool whoakakaka
| khng2012 Senior | Posted: 03-Oct-2012 09:39 |
 x 0  x 0 | Always be minded. A share drop without volume is the most terrible. It tell you BB has left the counter and confidence of minor shareholders are losing day by day and drop day by day. Ausgroup is still far from there since I haven't seen the chance for BB to unload their share yet and it is not end. Average accummulation price of BB are about 35 to 42cents, with such a high volume trading in last 2 weeks, the capital cost of BBs has been about 45 to 50cents. The most tolerance BB can take it is 50cents. In order to earn money and not to waste effort of about 1 year accummulation. The price must be above 70 to 80 cents for them to unload the share. As such, they have to push price above 80cents and slowly unloaded till 60cents. i don't see this process, too early to say the Ausgroup game is end. My bottom price to BB is 50cents and dare to say, we will not see 50cents again after dual list completed. |
u think too much......
khng2012 ( Date: 03-Oct-2012 09:39) Posted:
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Always be minded. A share drop without volume is the most terrible. It tell you BB has left the counter and confidence of minor shareholders are losing day by day and drop day by day.
Ausgroup is still far from there since I haven't seen the chance for BB to unload their share yet and it is not end. Average accummulation price of BB are about 35 to 42cents, with such a high volume trading in last 2 weeks, the capital cost of BBs has been about 45 to 50cents. The most tolerance BB can take it is 50cents. In order to earn money and not to waste effort of about 1 year accummulation. The price must be above 70 to 80 cents for them to unload the share. As such, they have to push price above 80cents and slowly unloaded till 60cents.
i don't see this process, too early to say the Ausgroup game is end. My bottom price to BB is 50cents and dare to say, we will not see 50cents again after dual list completed.
Thanks Khng2012 for sharing your wisdom with us. That was very generous of you. It explains alot about the mechanics behind the pumping and dumping for certain counters.
Here's a shoutout as well to all the other kind veterans (risktaker etc) on this forum for teaching and sharing their invaluable insights with us newbies.
Back to ausgroup watch.
I have put in my q order for 0.505... buy
if you managed to catch it at 0.515 congrats!!
I managed to pick up some at 0.52 :)
Be prepared to load in the afternoon about 2pm.
It like buy (bot) @0.54cents, like telling players - see it 0.54cts, anything below 0.54 is a good buy, more or less to anssurance players don worry. That why it took many hours for khng to explain, thk.
Mkt players don think that why, when thing is not flavourable, sell, buy back later, this and such news is always late.
support is @ 51.5 .. if it breaks below.. probably be end for the rally for the short term..
gd luck dyodd
ozone2002 ( Date: 02-Oct-2012 17:04) Posted:
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52cents... Break resistance again...
What will be the lowest price before next rally will be known today.
yabbest ( Date: 03-Oct-2012 09:16) Posted:
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maybe yes, maybe no.. not sure.
but i'm thinking why the company waited till the price run up till 50+ cents before starting to buy back its own shares ytd instead of doing it when it was in the 30-40c range for so long in the past few months...
dicksonh ( Date: 03-Oct-2012 09:11) Posted:
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serious thots...that may be a chance this counter may not chiong again so much until after agm results details.
ok we know the ceo announced blar blar blar 2 wks ago and its in play, but he said ev/thing still early stage, so now to agm ard 3 more wks, do you think he will have alot to share? I dont know probably he will say still early process. So if still early stage, will BBs play it up?
this is what i thot last night to myself...but i will still hold to what i have cos i got it cheap, really no idea how the game gg to play.
does this mean counter will chiong?
qwertyuiop00 ( Date: 03-Oct-2012 09:07) Posted:
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Tis' wat I'm talking abt...
When Counter Party BBs bot fm u. Means tis Counter'll cheong...
When Counter Party BBs sold 2 u. Means tis Counter'll drop...
('',)
My view only...
Bon3260 ( Date: 12-Sep-2012 14:14) Posted:
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company did its first share buy back yesterday
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/6EE3DF5757E9ED6648257A8C0002A35E?opendocument