(01-08-2012, 07:00 PM)dydx Wrote: [ -> ] (01-08-2012, 06:10 PM)crabcrab Wrote: [ -> ]The Hour Glass ($1.40) - Today climb up again, with decent volume...... At $1.40, it closed at historical high now, moving into uncharted territory.....
At today's (1Aug12) closing price of $1.40, and adding to it the $0.06/share Final dividend for FY12, Mr Market has pushed THG to a new record high equivalent price (inclusive the dividend) of $1.46 - and this amounts to a further 7.35% increase in last 4 market-days, from the closing price of $1.36 on 26Jul12, before the counter went 'XD' on 27Jul12.
I think increasingly, THG as a high-quality stock has and will become the preserve for mostly the serious, well-funded, and long-term oriented investors, including the controlling shareholders - similar to the present situation of Vicom. With some luck, THG's share price could rise further towards and rests at a price level pegged at a 10% discount of its theoretical fair intrinsic value, incorporating projections of further growth in the underlying business and profits at reasonable rates in the next few years.
dydx, I really appreciate you for sharing all the good info about Hour Glass. Your contribution is invaluable to us. Pardon me for being frank, I don't feel its appropriate to repeat about how
valuable this stock it. To me, this is a form of advertisement.
Thriftville, I think you should chill and let it be. Everyone has a natural tendency to be biased to his/her favoourite stocks and to voice out points that will influence others to think the same way. consequently, hoping that Mr Market pushes up the stock if Mr Market reads the postings. dydx's subtle way of talking up a stock has been that case for a long time. leave it. if you think it is advertisement, ignore it, think of it as noise. Anyway, we do have a reputation system here isnt it. I've seen even noiser and chaotic ones in VB who have been rated accordingly. Use it to your liking/benefit.
(01-08-2012, 09:36 PM)Thriftville Wrote: [ -> ]Pardon me for being frank, I don't feel its appropriate to repeat about how valuable this stock it. To me, this is a form of advertisement.
I would feel totally flattered if you or other forumers tell me that my comments in this thread had supported/lifted THG's share price all these while, and also helped push it up by another $0.10 or 7.35% in the last 4 market-days after the counter went 'XD' on 27Jul12. This simply cannot be true, as there are many other THG shareholders and market participants out there who do not follow this forum at all. Furthermore, most of the forumers here are value and fundamentals oriented, and many forumers here are very smart and experienced investors in their own rights.
I doubt very much the rather sharp upward movement of THG's share price in the last 4 market-days was driven by retail investors reading into this thread. I suspect it could be the work of an institutional fund, or a private bank buying to fill its discretionary customer portfolio. We should bear in mind that THG is an illiquid counter, and it has just gone 'XD' on 27Jul12; therefore, very few people would want to trade THG and push up the share price for the benefit of the sellers.
Ultimately, THG's share price evolution over time will be driven by the growth and financial performance of its underlying business.
I hope you have not sold your THG shares; otherwise, you would have missed the recent sharp rise of the share price. As I have said before, my own experience has shown that it really pays to take a longer term view and hold on to a stock with a high-quality underlying business. Just in case some forumers may think I had been trying to talk up THG's share price - and profit from taking short-dated 'long' trades in the course of it - I wish to categorically state here that I have not sold a single THG share in the last 5 years at least. In fact, to re-invest ahead the coming $0.06/share dividend, I added more shares in the early part of Jun12 soon after THG released its FY12 full-year on 24May12.
(02-08-2012, 12:11 AM)dydx Wrote: [ -> ] (01-08-2012, 09:36 PM)Thriftville Wrote: [ -> ]Pardon me for being frank, I don't feel its appropriate to repeat about how valuable this stock it. To me, this is a form of advertisement.
I would feel totally flattered if you or other forumers tell me that my comments in this thread had supported/lifted THG's share price all these while, and also helped push it up by another $0.10 or 7.35% in the last 4 market-days after the counter went 'XD' on 27Jul12. This simply cannot be true, as there are many other THG shareholders and market participants out there who do not follow this forum at all. Furthermore, most of the forumers here are value and fundamentals oriented, and many forumers here are very smart and experienced investors in their own rights.
I doubt very much the rather sharp upward movement of THG's share price in the last 4 market-days was driven by retail investors reading into this thread. I suspect it could be the work of an institutional fund, or a private bank buying to fill its discretionary customer portfolio. We should bear in mind that THG is an illiquid counter, and it has just gone 'XD' on 27Jul12; therefore, very few people would want to trade THG and push up the share price for the benefit of the sellers.
Ultimately, THG's share price evolution over time will be driven by the growth and financial performance of its underlying business.
I hope you have not sold your THG shares; otherwise, you would have missed the recent sharp rise of the share price. As I have said before, my own experience has shown that it really pays to take a longer term view and hold on to a stock with a high-quality underlying business. Just in case some forumers may think I had been trying to talk up THG's share price - and profit from taking short-dated 'long' trades in the course of it - I wish to categorically state here that I have not sold a single THG share in the last 5 years at least. In fact, to re-invest ahead the coming $0.06/share dividend, I added more shares in the early part of Jun12 soon after THG released its FY12 full-year on 24May12.
For many, if not most of the listed stocks, how many of us here can say they have enough $$ to buy 1% of the shares? Sometimes, even 0.1% already means a lot of $$ eg. for Hour Glass, that means $300k+. I do find it rather amusing that there're still people in the forum who thinks that share price and volume can be so easily moved. Perhaps for only a short time for highly illiquid counters, but market is still efficient enough to adjust it back (if it's not supported by fundamentals) as there're just too many players out there.
What I'm also trying to say is, the PIE is actually very huge. IMO, there's enough to share with everyone in this tiny community (almost hitting 1000 registered users but likely less than half are still active).
I speak for myself but sharing in this forum also helps me to improve. I get to learn a lot more (even if I have to dig for info to try to understand what others had posted) than I give. The side benefit is that it feels good if ohers also benefitted (after they'd also done their own due diligence and made their own decision). You also get to make many virtual friends with many common interests...
So, why be a dog in a manger. Why not come out from the manger and play with us more often - it can be not just more rewarding but FUN!
In the spirit of Nat Day, Majullah to all... (can use like that or not??)
Feels like old kampung spirit is alive in VBF!
Happy National Day! (in advance)
(02-08-2012, 09:03 AM)KopiKat Wrote: [ -> ] (02-08-2012, 12:11 AM)dydx Wrote: [ -> ] (01-08-2012, 09:36 PM)Thriftville Wrote: [ -> ]Pardon me for being frank, I don't feel its appropriate to repeat about how valuable this stock it. To me, this is a form of advertisement.
I would feel totally flattered if you or other forumers tell me that my comments in this thread had supported/lifted THG's share price all these while, and also helped push it up by another $0.10 or 7.35% in the last 4 market-days after the counter went 'XD' on 27Jul12. This simply cannot be true, as there are many other THG shareholders and market participants out there who do not follow this forum at all. Furthermore, most of the forumers here are value and fundamentals oriented, and many forumers here are very smart and experienced investors in their own rights.
I doubt very much the rather sharp upward movement of THG's share price in the last 4 market-days was driven by retail investors reading into this thread. I suspect it could be the work of an institutional fund, or a private bank buying to fill its discretionary customer portfolio. We should bear in mind that THG is an illiquid counter, and it has just gone 'XD' on 27Jul12; therefore, very few people would want to trade THG and push up the share price for the benefit of the sellers.
Ultimately, THG's share price evolution over time will be driven by the growth and financial performance of its underlying business.
I hope you have not sold your THG shares; otherwise, you would have missed the recent sharp rise of the share price. As I have said before, my own experience has shown that it really pays to take a longer term view and hold on to a stock with a high-quality underlying business. Just in case some forumers may think I had been trying to talk up THG's share price - and profit from taking short-dated 'long' trades in the course of it - I wish to categorically state here that I have not sold a single THG share in the last 5 years at least. In fact, to re-invest ahead the coming $0.06/share dividend, I added more shares in the early part of Jun12 soon after THG released its FY12 full-year on 24May12.
For many, if not most of the listed stocks, how many of us here can say they have enough $$ to buy 1% of the shares? Sometimes, even 0.1% already means a lot of $$ eg. for Hour Glass, that means $300k+. I do find it rather amusing that there're still people in the forum who thinks that share price and volume can be so easily moved. Perhaps for only a short time for highly illiquid counters, but market is still efficient enough to adjust it back (if it's not supported by fundamentals) as there're just too many players out there.
What I'm also trying to say is, the PIE is actually very huge. IMO, there's enough to share with everyone in this tiny community (almost hitting 1000 registered users but likely less than half are still active).
I speak for myself but sharing in this forum also helps me to improve. I get to learn a lot more (even if I have to dig for info to try to understand what others had posted) than I give. The side benefit is that it feels good if ohers also benefitted (after they'd also done their own due diligence and made their own decision). You also get to make many virtual friends with many common interests...
So, why be a dog in a manger. Why not come out from the manger and play with us more often - it can be not just more rewarding but FUN!
In the spirit of Nat Day, Majullah to all... (can use like that or not??)
I sold all my hour glass to suckers today who bought it up from me at 1.41 and 1.40
(02-08-2012, 10:56 AM)propertyinvestor Wrote: [ -> ]I sold all my hour glass to suckers today who bought it up from me at 1.41 and 1.40
Let's hope it's not anybody here in this forum..
So may I know why do you think 1.40/1.41 is the max value of hr glass for you?
(02-08-2012, 10:56 AM)propertyinvestor Wrote: [ -> ]I sold all my hour glass to suckers today who bought it up from me at 1.41 and 1.40
I thought that is not very nice or kind to say of people or the buyers who let you cash out your investment and realize a profit! The same people may want to thank you in their mind in the future if and when the value and share price of THG rise to an even higher plain - supported by a further growth of the underlying business and likely also higher profits and dividends, plus perhaps other positive corporate actions - and allow them a have a profit.
(02-08-2012, 11:02 AM)dzwm87 Wrote: [ -> ] (02-08-2012, 10:56 AM)propertyinvestor Wrote: [ -> ]I sold all my hour glass to suckers today who bought it up from me at 1.41 and 1.40
Let's hope it's not anybody here in this forum..
So may I know why do you think 1.40/1.41 is the max value of hr glass for you?
Hmm....Crabcrab felt hungry, he began to source for the right food for his appetite..... and he whizzed past THG.... Attracting to its lustre and shine, he began to approached THG, each time nearer and nearer, awaiting for the right opportunity to pounce on.... And alas, few shares appeared in the queue, so he crawled towards them, using his mighty pincers to tear them apart, eating up the shares of the THG, slowly and steadily... one by one.... "It is delicious....!!! It is scrumptious!!!" exclaimed Crabcrab
The supply of THG shares began to get lesser, as more and more sea creatures discovered that THG is a valuable source of protein.... More and more willing to pay a high price for it.... Many started to talk about it.... Each time now, many sea creatures want to own it, each time now.... awaiting for the right opportunity to eat it.... THG became more valuable... The price went up....... finally
Wow a lot of activity in this thread.
Congrats to THG shareholders who managed to purchase cheaply, a part ownership in a solid business.
(Not Vested)