HanKore Env   

HANKOREcontinuation wedge(bullish)target 6-7c soon

I am happy that many Hankoreans are really making it to the bank laughing.   Many really tonged until now.   After 7.5 cents, it may take a rest for you to bank in some cash which is good.   Use money to make more money before ocming back to HK.   Hahaha!!

 

Lucky collected since 3.4c if not mistaken? More than 2x, congrat !!!

Share7      ( Date: 18-Sep-2013 14:21) Posted: Congrats, lucky. Its' always good to take profit. A bird in hand is better than two out there. Having said that, I beg to differ. I think BBs target price for HK is much higher than your 8.7c. If you use Sino Grandness as the gauge, then the price should be at least 2X placement share price. A matter of time. Up down up down as long as HK keeps moving up. You have been lucky the other time, may be BB will let it drop to below your sell price for you to collect again and make kopi money. All the best.   Lucky03      ( Date: 18-Sep-2013 14:10) Posted: Profit is not yours until you take it off the table ... I can't help it and I'm contented to take profit. Still holding some and good luck to all !

 

More to come...

 

Deciding when to sell is even more difficult than decided when or what to buy IMO. That being said, I did not hold HK for over two years to sell into a rally that would see it re-attain its reputation before the CB fiasco. HK is still selling at a massive discount when compared to its peers in the industry. I am content to wait another couple of years. Though of course, if the price retraces back to 5cents, I won't take it lightly..

 

Congrats, lucky. Its' always good to take profit. A bird in hand is better than two out there. Having said that, I beg to differ. I think BBs target price for HK is much higher than your 8.7c. If you use Sino Grandness as the gauge, then the price should be at least 2X placement share price. A matter of time. Up down up down as long as HK keeps moving up. You have been lucky the other time, may be BB will let it drop to below your sell price for you to collect again and make kopi money. All the best.  

Lucky03      ( Date: 18-Sep-2013 14:10) Posted: Profit is not yours until you take it off the table ... I can't help it and I'm contented to take profit. Still holding some and good luck to all !

 

Book another 400 lots at 0.7.

 

 

Profit is not yours until you take it off the table ... I can't help it and I'm contented to take profit. Still holding some and good luck to all !

 

There is a 3 or 5 day grace period in announcing a substantial shareholder. So anytime this or next week, hopefully there'll be an announcement. It is only expected after such substantial volumes that someone is really collecting.

 

Absolutely amazing ! Broken its high on 27 Sep 2010 ! Going for the next high of 8.7c :)

 

im drinking 7-11 long black...

Hancore Encore encore!

cccx123      ( Date: 18-Sep-2013 13:51) Posted: Underestimated the operator.. cccx123      ( Date: 18-Sep-2013 13:49) Posted: Whew.. One mouth swallow 6.9cents. Thought I saw wrongly when I switched tabs. Suddenly 6.9 disappeared. 7cents resistance will definitely be very strong..if can break..wow. Bought my first HK shares while it was hovering around 7 cents before the plunge a few years back.

 

Amazing ... Mr HK.

 

Underestimated the operator..

cccx123      ( Date: 18-Sep-2013 13:49) Posted: Whew.. One mouth swallow 6.9cents. Thought I saw wrongly when I switched tabs. Suddenly 6.9 disappeared. 7cents resistance will definitely be very strong..if can break..wow. Bought my first HK shares while it was hovering around 7 cents before the plunge a few years back.

 

Whew.. One mouth swallow 6.9cents. Thought I saw wrongly when I switched tabs. Suddenly 6.9 disappeared. 7cents resistance will definitely be very strong..if can break..wow. Bought my first HK shares while it was hovering around 7 cents before the plunge a few years back.

 

Amusing..

spss1955      ( Date: 18-Sep-2013 13:13) Posted: My TP  is 8c (book value) before any correction. Lucky03      ( Date: 18-Sep-2013 12:23) Posted: You can't pinpoint the exact price but can look at the history of the price chart. The last time it  closed 7c was 27 Sep 2010 and 8.7c on 12 Jan 2010. That can give a basis to take some money out at this price points, plus-minus 0.1c-0.2c. Not sure if there will be any correction and hence keep a portion 50%-70% so long as fundamental remains intact. If cash is still abundant, then no worry lah :

 

cccx q at 6.2c. It took some effort to break out of 6.2-6.3 and it may act as short term support. Don't expect it to break 5.9c.

Spivvy      ( Date: 18-Sep-2013 12:56) Posted: lets say a portion of your shares are taken out for cash at 7c. Will this cash be permanently taken out or will you re-enter again at a lower price? If so, how to gauge at which price to re-enter again? I have no such confidence to re-enter at the correct price. Lucky03      ( Date: 18-Sep-2013 12:23) Posted: You can't pinpoint the exact price but can look at the history of the price chart. The last time it  closed 7c was 27 Sep 2010 and 8.7c on 12 Jan 2010. That can give a basis to take some money out at this price points, plus-minus 0.1c-0.2c. Not sure if there will be any correction and hence keep a portion 50%-70% so long as fundamental remains intact. If cash is still abundant, then no worry lah :

 

My TP  is 8c (book value) before any correction.

Lucky03      ( Date: 18-Sep-2013 12:23) Posted: You can't pinpoint the exact price but can look at the history of the price chart. The last time it  closed 7c was 27 Sep 2010 and 8.7c on 12 Jan 2010. That can give a basis to take some money out at this price points, plus-minus 0.1c-0.2c. Not sure if there will be any correction and hence keep a portion 50%-70% so long as fundamental remains intact. If cash is still abundant, then no worry lah :) Spivvy      ( Date: 18-Sep-2013 12:12) Posted: Referring to this point " prudent to take some cash on the way  up" , how do we know when is the time we should take? What do we base on

 

lets say a portion of your shares are taken out for cash at 7c. Will this cash be permanently taken out or will you re-enter again at a lower price? If so, how to gauge at which price to re-enter again? I have no such confidence to re-enter at the correct price.

Lucky03      ( Date: 18-Sep-2013 12:23) Posted: You can't pinpoint the exact price but can look at the history of the price chart. The last time it  closed 7c was 27 Sep 2010 and 8.7c on 12 Jan 2010. That can give a basis to take some money out at this price points, plus-minus 0.1c-0.2c. Not sure if there will be any correction and hence keep a portion 50%-70% so long as fundamental remains intact. If cash is still abundant, then no worry lah :) Spivvy      ( Date: 18-Sep-2013 12:12) Posted: Referring to this point " prudent to take some cash on the way  up" , how do we know when is the time we should take? What do we base on

 

You can't pinpoint the exact price but can look at the history of the price chart. The last time it  closed 7c was 27 Sep 2010 and 8.7c on 12 Jan 2010. That can give a basis to take some money out at this price points, plus-minus 0.1c-0.2c. Not sure if there will be any correction and hence keep a portion 50%-70% so long as fundamental remains intact. If cash is still abundant, then no worry lah :)

Spivvy      ( Date: 18-Sep-2013 12:12) Posted: Referring to this point " prudent to take some cash on the way  up" , how do we know when is the time we should take? What do we base on? Lucky03      ( Date: 18-Sep-2013 11:08) Posted: We all know for a long time that someone was controlling and keeping the Hankore price within a tight range and letting it go 2 steps forward and 1 step back while they patiently collected possibly significant pile. They are able to distribute out so that they do not end up as major shareholder. This is exciting time for Hankore but for those stretched to the limit when we supported Hankore, it is prudent to take some cash out on the way up while holding a portion for LT.

 

Referring to this point " prudent to take some cash on the way  up" , how do we know when is the time we should take? What do we base on?

Lucky03      ( Date: 18-Sep-2013 11:08) Posted: We all know for a long time that someone was controlling and keeping the Hankore price within a tight range and letting it go 2 steps forward and 1 step back while they patiently collected possibly significant pile. They are able to distribute out so that they do not end up as major shareholder. This is exciting time for Hankore but for those stretched to the limit when we supported Hankore, it is prudent to take some cash out on the way up while holding a portion for LT.

 

Fully agree, I am still holding 75% :)

Lucky03      ( Date: 18-Sep-2013 11:08) Posted: We all know for a long time that someone was controlling and keeping the Hankore price within a tight range and letting it go 2 steps forward and 1 step back while they patiently collected possibly significant pile. They are able to distribute out so that they do not end up as major shareholder. This is exciting time for Hankore but for those stretched to the limit when we supported Hankore, it is prudent to take some cash out on the way up while holding a portion for LT.