(28-01-2013, 07:17 PM)ngcheeki Wrote: [ -> ]Query by SGX and standard answers were given. End at 25 cents and last trade was 264 lots.
http://info.sgx.com/webcoranncatth.nsf/V...100354B93/$file/Reponse_to_SGX_Query_on_trading_activities.pdf?openelement
Till date, I still could not understand how SGX decides who to query. They seemed to decide by throwing dices.
if todays 25% rise got something to do with its land dev, i think the upside to come could be much more. the true nav could be as much as 50c.
in other words, the true pb ratio merely rose from 0.4 to 0.5, which is already a 25% rise but yet still low.
but if its just speculators playing, then its a different thing.
nonetheless, the next few weeks could be exciting to watch...
(28-01-2013, 04:55 PM)paullow Wrote: [ -> ]time n again shows that koh boon hwee is really gd in his stk pick.
koh boon hwee truly yi dai zhong shi. i am 1/4century younger than him. got so much to learn from him.
Err, i dont think so. I check that he became an investor in 2007 holding 4 million shares. In 2007, the share price spans from 0.375 to 0.6+. In 2008, he invested another 1 mil shares. That year the price spans from 0.145 to 0.3+.
Lets give him the benefit of doubt that he bought 4 mil shares at lowest 0.375 in 2007 and 1 mil of shares lowest at 0.145 in 2008. His average price is 0.32+.
You are the yi dai zhong shi. Not him.
(28-01-2013, 10:25 PM)paullow Wrote: [ -> ]if todays 25% rise got something to do with its land dev, i think the upside to come could be much more. the true nav could be as much as 50c.
in other words, the true pb ratio merely rose from 0.4 to 0.5, which is already a 25% rise but yet still low.
but if its just speculators playing, then its a different thing.
nonetheless, the next few weeks could be exciting to watch...
There are a couple of property counters also trading at a discount to their NTA. I think SingHld is one of them? So it should also be reasonable for Hup to trade at a discount to its NTA. Probably short term PB of 0.6+. Long term yes, if its business recovers, its PB might reach 1.0+.
(28-01-2013, 02:39 PM)paullow Wrote: [ -> ]when to sell, i think u have to decide urself. its afterall ur money.
for me i got a few million shares bought at 18-19c, i will wait.
is it possible to grab a few million shares just from a narrow proce range of 18-19cents? how many days did u hunt to get such a position? i dun think hupsteel vol is that high on a daily basis
(28-01-2013, 08:30 PM)yeokiwi Wrote: [ -> ] (28-01-2013, 07:17 PM)ngcheeki Wrote: [ -> ]Query by SGX and standard answers were given. End at 25 cents and last trade was 264 lots.
http://info.sgx.com/webcoranncatth.nsf/V...100354B93/$file/Reponse_to_SGX_Query_on_trading_activities.pdf?openelement
Till date, I still could not understand how SGX decides who to query. They seemed to decide by throwing dices.
so sgx is actually not transparent enough..to think an reputable exchange like sgx that always boost and strive for near 100% disclosure..yet unable to disclose its rationale for posting such queries.
so in a way, they work like a black box..sounds scary
(28-01-2013, 10:25 PM)paullow Wrote: [ -> ]if todays 25% rise got something to do with its land dev, i think the upside to come could be much more. the true nav could be as much as 50c.
in other words, the true pb ratio merely rose from 0.4 to 0.5, which is already a 25% rise but yet still low.
but if its just speculators playing, then its a different thing.
nonetheless, the next few weeks could be exciting to watch...
i wont bet anymore..just feel that this is a case of someone is quite urgent to load more and dun mind paying quite a hefty price today..on the other side, vested seller was happy to see such a kind buyer..:p
Koh Boon Hwee of Sunningdale? Seriously? Besides his TLC links, anyone can refresh on what we can learn from his stock picks?
well. lets not bother with who's gd n who's no good. anyway, make money is gd.
i bot hup over a period of 1yr. such illiquid stock how to buy so much w/o chasing price up?
i won't touch hup now.
as what the late khoo teck puat used to say> when no one wants it, thats the time to buy a few million.
lets hope for more gd events!!!
At least SGX is able to nail down management that it is not something they are working on that has impact to the price.
I do place importance to such announcement as such. Is one of those thing that can narrow the gap.
Asia enterprise holdings issued profit warning for the coming quarter. Expect to report a loss. Cites same problems as hup. Low steel price, competitive pricing, write down of inventories, low demand. Expect hup to report loss also.
if asiaent pb fall ard 0.6 or less, its shopping time again.
big congrats to those who bot hup below 20c. u got a big hong bao for urself!!!
(28-01-2013, 08:30 PM)yeokiwi Wrote: [ -> ] (28-01-2013, 07:17 PM)ngcheeki Wrote: [ -> ]Query by SGX and standard answers were given. End at 25 cents and last trade was 264 lots.
http://info.sgx.com/webcoranncatth.nsf/V...100354B93/$file/Reponse_to_SGX_Query_on_trading_activities.pdf?openelement
Till date, I still could not understand how SGX decides who to query. They seemed to decide by throwing dices.
I think they run a software on that will trigger a signal based on volume, price, free float, market cap, etc against that day's market action and its historical trading data...and then some office boy verifies it and issues a query.