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OHL's 'Huat' smile in today's papers on Centillion's JV news is enough to move this counter today .... :P
Traders were disappointed it was just a JV and no contract, contrary to earlier belief.
Maybe you can wait until the market sentiment had "settled" down before making a decision.
Hi all,
If I wat to invest in this recycling business would it be better to buy Centillion or Equation? Tks
If you take note of the timing of my posts and the type of actions done then you will get a hint of what I saying.
If you take note of the timing of my posts and the type of actions done then you will get a hint of what I saying.
Buy on rumor, sell on news. This is so true for this counter. Any ?Shi Fu? out there wish to enlighten rookie on the JV. I personally feel that this is sell down is not justifiable. Those traders just want to make some quick $. I am vest at this counter and I have faith on OHL.
The beginning to something big?
rogue_trader...what is cooking as mentioned "something gonna happens..."
Be careful now, something gonna happens...
Dear all, pl note that Fatty Oei is not allowed to sell the shares for about 6 mths. Vested.
Be careful now, something gonna happens...
Market sentiment is very bad now. No try to fight the trend.
OHL likes to be control and this JV may trigger him to sell his stake away...just like informatics. Good luck.
Look at the intra-day for this stock- the selling pressure. If those sellers at the mid-afternoon are the morning buyers, then quite okay. But if not, imagine how drastical the price might go down.
Agree with Knightrider. No worries as Fatty Oei is leading the co with Eddy. I will buy some more if price drops again. Good Luck to those still holding to this share. God bless.
Not to be too worry, 2day the regional market is all coming down.
Remember, the very 1st time this share starts to relist, the Equation and Centillion is equal in price some how, then it move uptrend. Now for quite a while, at last the Equation is again equal again. Then it will move again. Hope my prediction is correct. Mirale cannot happen overnight, have faith and have patience in the one you believe !!!
knightrider, thanks for your value advice. I have put a contra order for sell at 0.185 if it does't happen today than be it. Hope I don't have to wait till kingdom come to clear the other 30 lots bought at @0.23. Good Luck to all who are invested!
I am wondering why all start to sell, if all just hold it, it might rebounce back !!!
After you think back, it is logical to form a joint venture or so call outsource this re-cycle business so as to keep the factory plant and headcount on going, rather than just sit there to look see look see and no incoming contract. You do not expect Mr. OHL to go out to run this re-cycle business himself. He is an investor just like you and me but with a heavier shoulder and committment by coughing the SS$$$ 1st. And each and everyone believe in him, that there is some miracle going to happen. Now the miracle is happening and yet all do not believe and starts to withdrawn.
It is only S$6.5m, there might be more investment and diversification from here later. If you believe in your vision and judgement, those who bought at 0.175 or 0.17, please wait and see 1st. Good Luck.
I think OHL is smart, he is not the expertise to run this re-cycle business, so as the Mr. Chng from HESHE. Now with this JV or outsource to some expertise to run the business.
After all OHL is only a buying and selling of assets expert when he acquired any company ! So there is still some prospect of this re-cycle business but wait a longer term of return !
Avoid!!!
Come down now !