maybe a reversal for sakari le.. up a few more cts for daddy..

 

don't know when and were exactly it will be. That's the issue with these small companies: lack of communication!

Let's see!

Anyway here we are again: a good start this morning and now it struggles to keep its gains. Hope that won't finish below 2.00 this afternoon... 

 

Thanks everyone. The AGM is coming. They have to answer to shareholders why the price drop so much.

Will you guys be attending?

Anyone?

 

Thanks for the white bar...it finally appears today!

 

genting^2      ( Date: 19-Apr-2012 16:41) Posted: W W W W W W W W W White Bar :)

 

Lets see if $2 will hold first...

 

genting^2      ( Date: 20-Apr-2012 10:34) Posted: I think if money can be made, why the ban ? It is more of politicking than anything else. 2.28 is achievable if it rebound. Mine is 2.45. unless it goes to 3.00, i won't let go.

 

I think if money can be made, why the ban ? It is more of politicking than anything else.

2.28 is achievable if it rebound. Mine is 2.45. unless it goes to 3.00, i won't let go. 

 

hope so I bought 50 000 stocks at 2.28SGD...

well maybe we should focus on the factors that could inverse this technical sell off:

Key things:

1/ Production output Q1: any idea if it looks good? should be very dependent on the weather again...

2/ Coal price: not good, looks like this will not improve before june at least...

3/ Coal export ban: looks very unpredictable. I heard this would be from May but have they already voted a new law on that?

potentially this last point could really hurt sakari the most 

 

If share buyback, it will reverse

 

 

It can be clearly seen that it is the act of shortist. 1000, 2000, 4000 sell down

in a sequence.

 

I think shorting should eventually be banned. Those Po**s, igmark*** etc. In general CFD should be ban altogether.

 

well it's already at 2.00 so will definitely be below 2.00 today but we already knew yesterday that this would now happen )

at the same time it can't keep loosing 2-3% everyday for 3 weeks. If there were any real reason for sakari to go down like a coal ban it would have lost much more and only in a few days. This trend looks more technical to me so I am still hoping for a rebound at some point...

 

Covered back half, SL set at 2.09.  

 

Sakari wont hold 2.00 for long from the selling.... trade with care....

 

very strange now bloomberg says the earnings will be released on the 26th this month and not the 19th...

anyway this stock drives me nuts looks like it still has to go a long way down. Everyday since 3 weeks it looks strong til 11am and then it goes down and down. I think this will still be the case for the next few days because of the likely ban on coal exports. Only strong earnings next week could give some short term support.

 

I also suspect they knew, but they would not say.

 

wangerism      ( Date: 19-Apr-2012 23:37) Posted: when they dun wanna tell u....they always say dunno..   Peg_li      ( Date: 19-Apr-2012 23:06) Posted: My OCBC broker said he was not sure. He is still VP, I don't know whether if he lied or not

 

when they dun wanna tell u....they always say dunno..

 

Peg_li      ( Date: 19-Apr-2012 23:06) Posted: My OCBC broker said he was not sure. He is still VP, I don't know whether if he lied or not. wangerism      ( Date: 19-Apr-2012 22:33) Posted: can call ur broker to snoop around...