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singaporegal
    04-Oct-2006 21:59  
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Its a rare day that the topic of discussion centered around only 1 stock!

I think Citraya will probably end up higher tommorow. Today it bled too much already.
 
 
kp8888
    04-Oct-2006 21:13  
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knowing the Ohl and Heshe paid 0.8485 cent per share then what should be the fair price ?

may be 5 to 10 times of their initial investment, say 4.5 cent to 8.5 cents

 
 
gho485
    04-Oct-2006 21:03  
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thank you all.

Cheers.
 

 
chipchip66
    04-Oct-2006 20:10  
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Hi gho485, you bought it at a good price compared to others!! It went all the way down from 44c and you managed to get it at 14.5c!!! Actually, now the only way is up as every bad news have been more or less filtered out. Somemore, the percentage of fall is quite limited already!
 
 
scotty
    04-Oct-2006 20:07  
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No fair value = no value?? haha
 
 
rickytan
    04-Oct-2006 20:05  
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I heard from the the 6.30pm Channel 8 news that no one knows the fair value of this company...?
 

 
knightrider
    04-Oct-2006 19:48  
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Hey,

Do not be too worry lah ! No body can predict what will happen 2morrow. Maybe it will rebounce and you can take profit !
 
 
gho485
    04-Oct-2006 19:42  
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thanks for your prompt reply chipchip66. i bot in citiraya not equation. does that mean i am in trouble?
 
 
chipchip66
    04-Oct-2006 19:37  
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Did you get it at 14.5c?? Well it could be a good buy or good-bye! In my opinion, it is a better buy than Citiraya bcos at least Equation has got at least 20m in cash in its bank account!!
 
 
gho485
    04-Oct-2006 19:31  
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Is 0.145 a good buy? anyone keen to assist?....

 

 
chipchip66
    04-Oct-2006 19:00  
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More than 600 m shares changed hands. SGX having the best day!! Going forward, i hope there could be more twists to the story. Instead of increasing OHL's stake in Citiraya, he could mount a takeover bid of Equation shares now since it is much affected by the selldown.. Should Citiraya rise in value later, OHL will be controlling 2 companies on the cheap!Just my 2 cents opinion. Anybody care to comment??
 
 
teeth53
    04-Oct-2006 18:53  
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Yup!! this counter will balloon again! Soon then excepted, pull (2moro) a fast one again.
 
 
knightrider
    04-Oct-2006 18:52  
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Hi,

Hopefully those short are those previously got burnt when this counter before suspend. "Old Sky got eye to help them (Mandarin !".
 
 
billywows
    04-Oct-2006 18:47  
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Both closed at 0.15 .... 1515 for 4D today? Too late to buy liao now. Hahaa!! Maybe this Sat?!

Two sides to a coin here on Citiraya:

Side #1)  Importantly, its management are new and not proven yet. It had lost most of the previous biz to its competitors during JM and CAD investigations. So it will have to start from scratch ..... just like IPO.

Side #2)  But, with OHL's backing and biz influences, biz should return! And when OHL starts to buy more shares, this counter will balloon again!
 
 
Nostradamus
    04-Oct-2006 18:36  
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One dealer with a local brokerage said investors remain slightly wary of Citiraya following the investigation, and are hoping that businessman Oei Hong Leong, who has taken a stake in the firm, will soon announce restructuring plans.



Investors who were stuck with the suspension could be unloading. Falling gold and platinium prices don't help.
 

 
teeth53
    04-Oct-2006 18:24  
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Confirmed. Plenty of shortise today ma-king alot of $$$. It's a king day for SHORTISE going for the killing in..... :)))>$$$$, so result is majorties in this counter win win big money liao.
 
 
knightrider
    04-Oct-2006 18:04  
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Hi,

Seems both closed = S$0.15 ! Good Luck.
 
 
chipchip66
    04-Oct-2006 17:06  
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ha! ha! that is a good one knightrider! Citiraya equates to 15.5c.
 
 
singaporegal
    04-Oct-2006 16:55  
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Good day for shorting... confirm make money
 
 
knightrider
    04-Oct-2006 16:24  
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Now the EQUATION is finally equal as both Citiraya AND Equation = $0.155 !!! Ha ! Ha ! The equation is now balance.
 
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