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I said maybe if price is good but can't find an entry point. Maybe 86 only.
Previously maybe I'll feel sad but this time nope. When I said if break 80, we may see more downwards movement. 72 is the closing price SL got their allotment priced at. If they seriously dont want contel and yuuzoo to have some magic, they won't have accepted the shares as payment. If SL ever plans to milk their fees from public market since their entry was low, Contel would already have dipped these few days after they got their shares.
Perhaps, I say perhaps, they distributed. But unlikely when there was a 3k buy up in today's noon. Still Contel is seriously nt a good counter to contra. Can win small but lose big as we won't know what will happen next.
Previously maybe I'll feel sad but this time nope. When I said if break 80, we may see more downwards movement. 72 is the closing price SL got their allotment priced at. If they seriously dont want contel and yuuzoo to have some magic, they won't have accepted the shares as payment. If SL ever plans to milk their fees from public market since their entry was low, Contel would already have dipped these few days after they got their shares.
Perhaps, I say perhaps, they distributed. But unlikely when there was a 3k buy up in today's noon. Still Contel is seriously nt a good counter to contra. Can win small but lose big as we won't know what will happen next.
Are you sure or not?Where did I said I want to buy at 83-86c?See the appended post I said looking at 80 or below depending. Then the next day I warned that pennies are set for correction and you asked " have we see it coming?" Now it alrdy happening right in front of your eyes for the past 2 days.
Aiyah..just look at yr inhibitations will tell whether you are vested or not.When the px is weaken you sounded sad and provide some support px target(i.e. the SL script @72c)or state some px like 86c is a good buy for youself.If you are not vested you would have let it drop and buy in cheap rite? When the px is moving up you post too bias and unfounded info to support it.Funny rite, you are doing the opposite?Wahahaha.
Dont worry lah brother.I am not betting against you or anyone. We want to share reliable info so that we all can huat together mah.
terencee ( Date: 11-Jun-2013 16:59) Posted:
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Fair enough,there is no guarantee that the RTO will go through but I think there is more than 50% chance it will go through. No Zaw Zaw type of controversy, quite straight forward case, so it is not like Aussino at all.
Actually, I am confident it will go through, unless the Yuuzoo CEO, Thomas, is lying all the time, which seems unlikely. In interviews so far, he sounds determined to list Yuuzoo here so unless something really unforseen happens, it should go through. Even the IAH buy is conditional on YuuZoo RTO.
Relax. Fortune favours the bold
Aberdeen123 ( Date: 11-Jun-2013 17:23) Posted:
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If you have been following the discussion,you would know that such deal is not 100% until inked and fully blessed by SGX for listing.You never know something might just cropped up along the way.Aussino is one example.Of course we always buy with some hope in mind.
clickshop1628 ( Date: 11-Jun-2013 17:01) Posted:
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RTO may not go through? Why?Any particular reasons?
WE / Serial is a non-event, not material, even not good for WE to sell so cheap.
Aberdeen123 ( Date: 11-Jun-2013 16:46) Posted:
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Just in case you have forgotten, Contel was trading at 83-86. And you are looking to buy in. But I have warned you that low will get lower on that very same day.
Aberdeen123 ( Date: 06-Jun-2013 10:49) Posted:
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Some people just can't take advices. He once asked me since its dirt cheap at 80s and why didn't I buy. LOL.. That is why I've been replying to his comments now.
I told him what is cheap now will be cheaper later. And I was right. Not a snake oil seller. Just played Contel too long and know Contel management too well.
EGM will definitely come. It was said in AGM that EGM will be at mid June. However the only confusing thing is that, will EGM be held in mid June or announced in mid June ? A play with words by TCW.
Today we see Contel support getting lower once more. But I can say it wont hit 72 at any time now. Just wait and see. Not asking anyone to buy Contel.
librajet ( Date: 11-Jun-2013 16:47) Posted:
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just his opinon. He did mention A convincing break in 80 will push forward. Else it will always retrace back down. Friendly la
Aberdeen123 ( Date: 11-Jun-2013 16:36) Posted:
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RTO may not go through afterall.Cant you see that the penny counters are all hyped up by SSH when the market was buoyant.Many deals were announced during this period.And when the market is turning for the worse the deals were cancelled.Look at We holding and Serial grp is one such example. Trade with caution without much expectation is still the best defense.Anything more is a bonus.
Lol...who is supporting psychological price 72?That is yr imagination cos you are vested and biased.Many CEOs have come out to buy back their shares yet their price keep plummeting.
Thought you were very confident of an EGM announcement last week even though it was not even posted at the SGX website.Hmm...sigh.Another snake oil seller.
terencee ( Date: 11-Jun-2013 14:16) Posted:
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Yes, agreed. Some real selling but they are buying back cheaper to take advantage of weak market conditions. Now is June, got to wait for Sep (earliest) before YuuZoo gets listed- that's according to the CEO. When Yuuzoo gets listed, I think a lot of US and Europeans funds will be interested.
Hopefully, Yuuzoo can live up to its high expectations and grow and expand. Then maybe FB or Yahoo or Google or Microsoft may be interested. Can hold, will huat. Cannot hold, kee chia :)
terencee ( Date: 10-Jun-2013 19:59) Posted:
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Think you can't shave off any more from contel. Lawyers took a discount from price 72.
Anywhere close that price, lawyers can't distribute without making losses. But still 76/77 is a range that is currently a temporary support once more.
A convincing break in 80 will push forward. Else it will always retrace back down.
Anywhere close that price, lawyers can't distribute without making losses. But still 76/77 is a range that is currently a temporary support once more.
A convincing break in 80 will push forward. Else it will always retrace back down.
Aberdeen123 ( Date: 11-Jun-2013 12:00) Posted:
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guess not lol
librajet ( Date: 11-Jun-2013 13:52) Posted:
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move!!! vol vol!!!! the unexpected I hope
Both ways also have to expect the unexpected lah.
librajet ( Date: 11-Jun-2013 12:09) Posted:
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just stay alert if u r shorting, expect the unexpected.
Aberdeen123 ( Date: 11-Jun-2013 12:00) Posted:
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Expect another 15-20% correction for pennies.
hugh selling Q alway appear, not vested yet. Maybe wait till it cross .08 with great vol or just shelve it.
LOL.. Now GSS 24%.
Tlc8888 ( Date: 10-Jun-2013 18:56) Posted:
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Supported at 78/79 temporarily. If broken, prepare to see deep red. Many of the bros here without holding power will see their money fly. Those holding will see their capital reduced.
Unless EGM seriously announced soon. Else the selling will continue. There will be no short selling marking. This is because those who are selling and pushing price down are the actual shareholders. They sell up there, collect cheaper and more. This price dipped but appeared supported.
Good luck to everyone. Buy Contel only when you guys can hold. Prepare to hold till end of the year. Be warned.
Unless EGM seriously announced soon. Else the selling will continue. There will be no short selling marking. This is because those who are selling and pushing price down are the actual shareholders. They sell up there, collect cheaper and more. This price dipped but appeared supported.
Good luck to everyone. Buy Contel only when you guys can hold. Prepare to hold till end of the year. Be warned.