Think many of our top forumers are invested in some way, big or small. Today is quite crucial for everybody vested when results are to be announced after trading.
I sold but bought some at 29 cents and still hanging on to them. Not selling until some distant future.
strange.... suddenly you are so keen in this counter, heee..
no one discussing while it was 0.23 for dead long, strange......... strange.. but of course i also want it to go up...
louis_leecs ( Date: 04-Feb-2009 23:19) Posted:
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If you look across the market from Oct till now ... i dun think you can find many counter with a uptrend that last till now ... from 0.23 to 0.39 and settling now at 0.35 ...... as annoucement date is nearer.
And today volume only closed at a low of only 4.31 mil (10% of recent highest volume) .... i dun think this is consider high volume .... look at those days where the volume closed at 51.5 mil where the price closed at a high of 0.385 on 9 jan.and then follow with volume of 22.5 mil on 12 Jan with a high of 0.39 ....
i'm not trying to said that BIG is very bullish ... but with the price settling down near the date of result seems to be normal to me cos MANY investor may already collected enough and is now waiting side line to see the results ......
Of cos, if there is sudden dumping with real high volume ... then it will be a different story liao ....
Then if the price surge again near the annoucement date ... then it will be another story liao .... hahaha
Wow lau ...so many scenerio ... this is why "HIGH RISK HIGH GAIN" ...
And if you look any recent Government aids to the market ... BIG should benefit and also, .... if i remember correctly ... all sector in Spore is down except BIO-MEDICAL with double digit growth .. and i really hope BIG is under this sector ....
Again .. Above is not an inducement to trade.
Cheers ..... Countdown: 4 more days to go ...................
Before anything, below is the BIG closing for the past years:
FY2006 = red US$22.469 mil
FY2007 = red US$36.292 mil
FY2008 = red US$30.005 mil
FY2009 (1H only) = red US$1.237 mil
Above extracted from Share Investment Book.
Coming FY2009 (Up to 3Qtr) = announcing next Wed. ???? High Chance in RED again. Then full year FY2009 closed on March but result annoucement will be sometime in May.
If BIG result is in the black (even with a dollar profit) ... the share will sure blossom and cheong .... or rocket man ...... hahaha .....If during this last quarter, there is any additional license fee that come in, then BIG may end up in the BLACK for FY09 ..... "You never know ..... " but can only hope lor if you are holding BIG .... heehee.
For the past few days, the price did not move much and also, volume is very thin compared to the recent few spikes on 15 Dec(24.2mil), 09 Jan(51.5mil) and 12 Jan(22.5mil) .... this past few days volume is below 5.0mil ....
From a low of 0.23 ( Oct 08 ) to a high of 0.39 recently and settling now at +/- 0.35 and getting near to the announcing date .... seems o.k. to me. I think most people is expecting that BIG will show some positive Biz development rather than they are expecting "Bad news" cos it is not quite logic for shares to move up in this manner and then expect bad news ..... not logical lah .... Of cos, human manipulation is not considered over here .....
Thus, i'm still holding on to it ..... unless there is alot of dumping with high volume then will have to be very cautious ..... i think the critical period is around the annoucement date cos BIG share price always has big movement during this corner.
But if you look at the past trend and the volatility of BIG .... the chart formation of BIG is now more gentle and lookable ...... this may becos the price is already been battered to such a LOW and the days for BIG to turn BLACK is getting nearer ... (praying hard ... haha)
In this coming results, I'm hoping to see great great improvement in Sales over the region, more details in their biz developement in India, EU, China and US ...... hope the CEO can sing more song lah .....
Then decide whether to hold on to BIG for FY10 ...... Cheers .
Each to his own investment strategy and risk appetite ........... Always trade within your limits especially in this special "economic condition".
Above not an inducement to trade.
Laulan ( Date: 04-Feb-2009 13:50) Posted:
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BIG shares price not going up..........it should be going up now if there is good new coming. Thus, there is a high possibility that the news is worse or not that great....

jackjames ( Date: 04-Feb-2009 13:09) Posted:
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Maxximo ( Date: 03-Feb-2009 23:54) Posted:
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Maxximo ( Date: 03-Feb-2009 09:37) Posted:
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This coming 3Q result will still be in the red ... very high chance that BIG will be in the red for this fiscal 2009 and is a mkt consensus which i think had been factor into the current pricing level.
Looking at calender year .... it is not far away that BIG is entering into FY10 business which is in April as BIG closed FY09 on March. (Only 2 months away and BIG will be in FY10).
After this FY09 3Q results on next wednesday, it will be the full FY09 results sometime in May and during this time, BIG is oredi entered into FY10 1st quarter liao .....
Thus this 3rd quarter may be very important(at least to me) as a guidance whether BIG is heading to a good direction ....... maybe all fund house or institute players are waiting for this after the CEO sing song at the Morgan Stanley presentation ,,,,,,
Thus, coming FY09 results serve as a guidance ... the buying now should be for anticpation of BIG in FY10 which begin in April. For FY09, it is almost closed liao as BIG only left 2 months to end FY09.
Above not an inducement to trade. Cheers.
Laulan ( Date: 02-Feb-2009 16:18) Posted:
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im q confident the result,,,,,,,,,,,,,,,,,,,,shui shui bet BIG