GL Limited (formerly: Guoco Leisure)

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Shorted Guocoleisure ytd and bought back 67c Big Grin
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(17-01-2013, 10:13 AM)propertyinvestor Wrote: Shorted Guocoleisure ytd and bought back 67c Big Grin

Wow, wat makes u short?
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(17-01-2013, 10:44 AM)Share Investor Wrote:
(17-01-2013, 10:13 AM)propertyinvestor Wrote: Shorted Guocoleisure ytd and bought back 67c Big Grin

Wow, wat makes u short?

Itchy fingers coupled with a bored mind and the understanding that there has been no share buybacks by Guoco Group recently.
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being sold down
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Bought 185 lots @0.66 today, selling party all from DMG.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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(23-01-2013, 05:24 PM)cfa Wrote: Bought 185 lots @0.66 today, selling party all from DMG.

Could it be from the fund still unloading?
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Maybe some strong buying on 15/01 , bought all the way up to 0.695 and they decided to square off their positions today ( Last day ), just my guess only.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Reply
(23-01-2013, 05:24 PM)cfa Wrote: Bought 185 lots @0.66 today, selling party all from DMG.

Wow, you must be one rich guy! Thats already more than what I have in my CDP account!
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cfa,

reason for buying at 66 cents?
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(24-01-2013, 08:32 AM)Kelvin Wrote: cfa,

reason for buying at 66 cents?


I like this counter, strong BS , strong cash flow . UK properties in good location are heading north.
I was in London last August , staying in Oxford street , Guoman Hotel in Marble Arch. Understand from the staff of hotel Guoman is a well accepted brand name , most of the hotels enjoy very high occupancy , more than 80%.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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