Try waiting for 10 cents again.
(17-03-2015, 10:02 AM)westin1 Wrote: [ -> ]Thanks jjlim84 .... if ces is so good, price wont stay stagnant like this.... look at ho bee to see how low it can go....
(01-04-2015, 04:15 PM)westin1 Wrote: [ -> ]Will do , thanks CP . Will pick this up again when it reaches 0.45 ... haha...
Thats true, 0.10 is a good entry price as well when financial crisis hits... thanks...however, when it is 0.10... other blue chips will be even more gem than this so called gem right? lol
yes, many other much better counters than CES. CES is quite useless..
(17-03-2015, 10:02 AM)westin1 Wrote: [ -> ]Thanks jjlim84 .... if ces is so good, price wont stay stagnant like this.... look at ho bee to see how low it can go....
(01-04-2015, 04:43 PM)westin1 Wrote: [ -> ]Thats true, 0.10 is a good entry price as well when financial crisis hits... thanks...however, when it is 0.10... other blue chips will be even more gem than this so called gem right? lol
(01-04-2015, 02:40 PM)westin1 Wrote: [ -> ]Something seems to be wrong with this gem or so called gem.... if you notice, price has been stuck below 0.975 for a period of time... by the time it xd, it will most likely deflate ...likely major correction looming between now and may 2015..
Probably, one of the former major shareholders, Tan Yong Keng is selling. Even though he is currently under the radar (i.e. < 5%), he still owns around 31 million Chip Eng Seng based on the last announcement.
http://infopub.sgx.com/Apps?A=COW_CorpAn...rm%203.pdf
Exactly, they are getting out... thats the reason why i feel something fishy... if this was really a gem... now should be at least $1.10 - $1.20 range... at least not a penny like now (still below a $1.00) what a shame even with so much positive aspect...
ya...Mr Tan sold off abt 17 million shares...but wow...someone bought it...must be have confidence in the share price...and somemore company still doing share buy backs at this level...
But the stock price is the reflection of what kind of gem this is ... well, we will see it stuck well below 0.975 till xd... and immediately down to the 0.80's level... + impending correction... estimated 0.60 range or below can be expected.. just my observation of so called gem.
Fully agreed with you
You are a very good analyst
(17-03-2015, 10:02 AM)westin1 Wrote: [ -> ]Thanks jjlim84 .... if ces is so good, price wont stay stagnant like this.... look at ho bee to see how low it can go....
(01-04-2015, 05:45 PM)westin1 Wrote: [ -> ]But the stock price is the reflection of what kind of gem this is ... well, we will see it stuck well below 0.975 till xd... and immediately down to the 0.80's level... + impending correction... estimated 0.60 range or below can be expected.. just my observation of so called gem.
lol...if every stock price reflect its true value, how we pick up undervalued gems...how are you so sure market correction this year...if so sure will short like crazy and become millionaire already...
massive share buyback again today - 1600 lots at 97 cents...