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Hankore onward march to 8-10cts.

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new6ie
    05-Nov-2013 12:54  
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The last day of   trading pre-consolidation will be followed next day by the commencement of the new consolidated shares trading.   If last day is 6.5 cents for pre-consolidation, the first day of trading new shares will be from 65 cents up or down.   So if you see 64 cents, 65 cents, 66 cents or 67 cents or even 68 cents, you should get ready to exit your new shares, bits by bits or at one go that you have to choose.

I believe after consolidation is approved, they will get the BBs for placements which will definitely be below one of the above stated prices. So depending on how the market is going to take it, it is too risky because your reduced number of shares (the consolidated shares) will be further diluted by the placements of new shares into the market..

So at that point of time there will definitely be fear with people rushing to exit.   Who wants to be last, I won't know.  

This is just a presumption, and it might be a different scenario, and also barring any good things happening.   .

Spivvy      ( Date: 05-Nov-2013 12:17) Posted:

hi bro, i really dont know much on the technical aspects here. What u mean by price go to status quo? X-Day meaning which day after consolidation?? Can explain clearer?

new6ie      ( Date: 05-Nov-2013 11:52) Posted:

Friends and countrymen, if you still wish to hold on, the BBs (obviously for their own interests) will give you one final chance after the consolidation as have happened with many consolidated counters. That means after the exercise, the price will go to status quo (X-Day) and trade from there.  


 
 
Spivvy
    05-Nov-2013 12:21  
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bro, can u please help me check when must i pang mirach?? Any idea from your experience whether the BBS still will give it one final push? Im counting on you, bro. 

new6ie      ( Date: 05-Nov-2013 10:01) Posted:

I thought you recovered/made back in Mirach Ene, didn't you?

Spivvy      ( Date: 05-Nov-2013 09:34) Posted:

ccx my life savings all into pennies, think this time i gg die jialak jialka already.


 
 
Spivvy
    05-Nov-2013 12:17  
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hi bro, i really dont know much on the technical aspects here. What u mean by price go to status quo? X-Day meaning which day after consolidation?? Can explain clearer?

new6ie      ( Date: 05-Nov-2013 11:52) Posted:

Friends and countrymen, if you still wish to hold on, the BBs (obviously for their own interests) will give you one final chance after the consolidation as have happened with many consolidated counters. That means after the exercise, the price will go to status quo (X-Day) and trade from there.  

 

 
new6ie
    05-Nov-2013 11:52  
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Friends and countrymen, if you still wish to hold on, the BBs (obviously for their own interests) will give you one final chance after the consolidation as have happened with many consolidated counters. That means after the exercise, the price will go to status quo (X-Day) and trade from there.  
 
 
kye_lin
    05-Nov-2013 11:40  
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Gloat all you want... One day you will be the one losing the money.... Karma is a bitch.... when you least expected... 

ynnek1267      ( Date: 05-Nov-2013 11:33) Posted:



What is next after share consolidation? of course share dilution back to 6cents again Wahahahahaha!!!!!!!!!

 
 
ynnek1267
    05-Nov-2013 11:33  
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What is next after share consolidation? of course share dilution back to 6cents again Wahahahahaha!!!!!!!!!
 

 
ynnek1267
    05-Nov-2013 11:31  
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Congra to all hankore share holders. Your hankore will be above 60cents soon!!!!!!!!!!!!

 
 
 
Spivvy
    05-Nov-2013 10:45  
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thanks thanks you are giving a stronmg hint here. Will take it up & try to see where is good exit point.

Sianz. Chamz. Faintz.

new6ie      ( Date: 05-Nov-2013 10:23) Posted:



Agree, there is no freebies.   If a freebie is intended, it could have said consolidation of 100:11.

Now it is 10:1 and so as a result if you have 10 shares, your holding will now be one share.  

In other words, you will be having 1 share if you have 10 pre-consolidated shares. 

Consolidation is frightening, many of them in later months (if you work out the calculation) usually is worth less than half.

Eg. Abterra, ChinaSing Inv, Lantrovision, etc.. cannot recover to the state of their pre-consolidation share prices.

Still time to let go, and forget that this counter existed to avoid losing too much.

C.E: Not encouraging you to buy or sell, just opinion.   You can do as it pleases yourself.. 

RacingTurtle      ( Date: 05-Nov-2013 07:43) Posted:

There's no freebie, if there was freebies, it would result in an increase in shares after consolidation. Para 1.1 and 1.2 is illustrating the same thing. That each person will receive 1 consolidated share for every 10 shares they currently hold.


 
 
terencee
    05-Nov-2013 10:27  
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You forgot elektromotive too. Hahaha... When you think 2/3 isn't gonna go any lower, it consolidated and drop further. LOL...

new6ie      ( Date: 05-Nov-2013 10:23) Posted:



Agree, there is no freebies.   If a freebie is intended, it could have said consolidation of 100:11.

Now it is 10:1 and so as a result if you have 10 shares, your holding will now be one share.  

In other words, you will be having 1 share if you have 10 pre-consolidated shares. 

Consolidation is frightening, many of them in later months (if you work out the calculation) usually is worth less than half.

Eg. Abterra, ChinaSing Inv, Lantrovision, etc.. cannot recover to the state of their pre-consolidation share prices.

Still time to let go, and forget that this counter existed to avoid losing too much.

C.E: Not encouraging you to buy or sell, just opinion.   You can do as it pleases yourself.. 

RacingTurtle      ( Date: 05-Nov-2013 07:43) Posted:

There's no freebie, if there was freebies, it would result in an increase in shares after consolidation. Para 1.1 and 1.2 is illustrating the same thing. That each person will receive 1 consolidated share for every 10 shares they currently hold.


 
 
new6ie
    05-Nov-2013 10:23  
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Agree, there is no freebies.   If a freebie is intended, it could have said consolidation of 100:11.

Now it is 10:1 and so as a result if you have 10 shares, your holding will now be one share.  

In other words, you will be having 1 share if you have 10 pre-consolidated shares. 

Consolidation is frightening, many of them in later months (if you work out the calculation) usually is worth less than half.

Eg. Abterra, ChinaSing Inv, Lantrovision, etc.. cannot recover to the state of their pre-consolidation share prices.

Still time to let go, and forget that this counter existed to avoid losing too much.

C.E: Not encouraging you to buy or sell, just opinion.   You can do as it pleases yourself.. 

RacingTurtle      ( Date: 05-Nov-2013 07:43) Posted:

There's no freebie, if there was freebies, it would result in an increase in shares after consolidation. Para 1.1 and 1.2 is illustrating the same thing. That each person will receive 1 consolidated share for every 10 shares they currently hold.

 

 
Spivvy
    05-Nov-2013 10:16  
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i never made back in mirach. I m still waiting to be bailed out. i bought at high price. Both cant be redeemed yet.  

new6ie      ( Date: 05-Nov-2013 10:01) Posted:

I thought you recovered/made back in Mirach Ene, didn't you?

Spivvy      ( Date: 05-Nov-2013 09:34) Posted:

ccx my life savings all into pennies, think this time i gg die jialak jialka already.


 
 
kye_lin
    05-Nov-2013 10:07  
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Whole morning 1 lot 1 lot buy up at 6.5.... BB supporting???
 
 
new6ie
    05-Nov-2013 10:01  
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I thought you recovered/made back in Mirach Ene, didn't you?

Spivvy      ( Date: 05-Nov-2013 09:34) Posted:

ccx my life savings all into pennies, think this time i gg die jialak jialka already.

 
 
superakan
    05-Nov-2013 09:59  
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Relax lar, it still in proposing stage. 
 
 
cccx123
    05-Nov-2013 09:40  
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How many lots you bought? Be thankful you are not up to your neck to debt dude.. Many ppl lost their entire savings, their properties and still cannot payoff their debts when the crash occurred two to three weeks ago.

Spivvy      ( Date: 05-Nov-2013 09:34) Posted:

ccx my life savings all into pennies, think this time i gg die jialak jialka already.

 

 
Spivvy
    05-Nov-2013 09:34  
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ccx my life savings all into pennies, think this time i gg die jialak jialka already.
 
 
Spivvy
    05-Nov-2013 09:24  
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i didnt know of this consolidation news up till this morning..

cccx123      ( Date: 05-Nov-2013 09:21) Posted:

You should have cut loss if you couldn't hold.. You had your chance ytd at 6.9 cts..

Spivvy      ( Date: 05-Nov-2013 09:15) Posted:



siao liao.

so u are effectively telling me to head down to bedok reservoir again?!?


 
 
Spivvy
    05-Nov-2013 09:23  
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leeta kor kor can advise me what to do?

If u sell can u pls send me a message, so that i also follow thru?

I bleeding v jaialk from other counter already cant afford to face another blow.

thanks..

leeeta      ( Date: 04-Nov-2013 22:36) Posted:

Will see first what price what they intend to convert to. If market does not like then I will have but no choice to follow the market...then I will come in back in again later and If the 1st qtr report is good then this consolidation will hold..it's a fcking risky move.

leeeta      ( Date: 04-Nov-2013 22:30) Posted:

That's not the way I expect to act to achieve 1 dollar. In the previous Agms this was considered a taboo topic..what the fck is David thinking


 
 
cccx123
    05-Nov-2013 09:21  
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You should have cut loss if you couldn't hold.. You had your chance ytd at 6.9 cts..

Spivvy      ( Date: 05-Nov-2013 09:15) Posted:



siao liao.

so u are effectively telling me to head down to bedok reservoir again?!?!

terencee      ( Date: 05-Nov-2013 07:37) Posted:



Price after consolidation 0.66

 

Price after 1 for 10 shares 0.33 I think


 
 
Spivvy
    05-Nov-2013 09:15  
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siao liao.

so u are effectively telling me to head down to bedok reservoir again?!?!

terencee      ( Date: 05-Nov-2013 07:37) Posted:



Price after consolidation 0.66

 

Price after 1 for 10 shares 0.33 I think.

wxp8838      ( Date: 05-Nov-2013 07:30) Posted:

It's too good to be tru


 
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