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Compact Metal Industries
06-11-2017, 01:38 PM.
Post: #11
RE: Compact Metal Industries
(03-11-2017, 05:13 PM)BlueKelah Wrote:
(03-11-2017, 03:30 PM)sgmystique Wrote:
(13-10-2017, 11:40 AM)sgmystique Wrote: Compact Metal is now trading at $0.029. That is a far way from the $0.012 it had plunged to on the 6th March 2017 when there were fears that trading in Compact Metal would be suspended!

In the same time those who had invested in Cacola saw their entire net worth extinguished. Both the scrips were due to be suspended from trading due to posting losses for 3 successive years.

I lost in Cacola and am making some money in Compact. Just goes to show that diversification might reduce overall returns but it helps one stay in the game  Smile

Somebody is willing to pay $0.036 per share of Compact Metal today. That is 3 times the $0.012 it traded at just 8 months back. Am wondering what are those compelling changes that have ocurred to increase the value of the business by 3 times in such a short period of time!!!

Would appreciate inputs from fellow Valuebuddies....

fat finger trade lah, happens a lot in small caps.

as I mention before this is high risk and suspicious company. but high risk means possibility of high return, or total wipeout as you found out. 

caveat emptor.

I am sorry but I do not agree with your fat finger trade comment, BlueKelah!

There has been over 2000 lots traded at $0.036 today. As I mentioned the price is being slowly and steadily moved upwards. The market depth at $0.035 and $0.034 is also very strong. I just wanted to understand the reason for this confidence in the future prospects of Compact Metal. Maybe their cement business is doing very well. Will have to wait and watch...
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06-11-2017, 01:51 PM. (This post was last modified: 06-11-2017, 01:53 PM by BlueKelah.)
Post: #12
RE: Compact Metal Industries
(06-11-2017, 01:38 PM)sgmystique Wrote:
(03-11-2017, 05:13 PM)BlueKelah Wrote:
(03-11-2017, 03:30 PM)sgmystique Wrote:
(13-10-2017, 11:40 AM)sgmystique Wrote: Compact Metal is now trading at $0.029. That is a far way from the $0.012 it had plunged to on the 6th March 2017 when there were fears that trading in Compact Metal would be suspended!

In the same time those who had invested in Cacola saw their entire net worth extinguished. Both the scrips were due to be suspended from trading due to posting losses for 3 successive years.

I lost in Cacola and am making some money in Compact. Just goes to show that diversification might reduce overall returns but it helps one stay in the game  Smile

Somebody is willing to pay $0.036 per share of Compact Metal today. That is 3 times the $0.012 it traded at just 8 months back. Am wondering what are those compelling changes that have ocurred to increase the value of the business by 3 times in such a short period of time!!!

Would appreciate inputs from fellow Valuebuddies....

fat finger trade lah, happens a lot in small caps.

as I mention before this is high risk and suspicious company. but high risk means possibility of high return, or total wipeout as you found out. 

caveat emptor.

I am sorry but I do not agree with your fat finger trade comment, BlueKelah!

There has been over 2000 lots traded at $0.036 today. As I mentioned the price is being slowly and steadily moved upwards. The market depth at $0.035 and $0.034 is also very strong. I just wanted to understand the reason for this confidence in the future prospects of Compact Metal. Maybe their cement business is doing very well. Will have to wait and watch...

You are right, so many lots so probably not a fat finger trade...

went to have a look at the announcements, seems like they are doing a JV with controlling stake in cement plant in Tajikistan which is on the border with China and will probably be a big beneficiary of the "one-belt one road" mega initiative by China. Perhaps speculation of massive growth from this or maybe some big Chinese / Tajikistan company is eyeing CMI as a potential takeover target sometime in the future???
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16-11-2017, 11:46 AM.
Post: #13
RE: Compact Metal Industries
There is something amazing happening around Compact Metal and there is absolutely zero buzz about it!

The share has traded upto $0.047 today. I of course don't mind still holding on to some that I had bought at the depths (When there was fear that trading in the company was about to be suspended). However I am very keen to know any reasoning for this huge spurt in price in the matter of days without any special news being announced...
=========== Signature ===========
"You are right not because the world agrees or disagrees with you, rather you are right because your facts & reasoning are right."

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16-11-2017, 11:50 AM. (This post was last modified: 16-11-2017, 11:51 AM by brattzz.)
Post: #14
RE: Compact Metal Industries
for odd cases like this... it's best to take profits off the table and go! since u don't understand the rise, (and most importantly, protect ur fall later?...)

of cos, u can say, no risk no gain... already got gain liao, so it's safer to take money off the table anyway! :O

make money, is definitely better than losing money!
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1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 

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16-11-2017, 12:03 PM.
Post: #15
RE: Compact Metal Industries
(16-11-2017, 11:50 AM)brattzz Wrote: for odd cases like this... it's best to take profits off the table and go! since u don't understand the rise, (and most importantly, protect ur fall later?...)

of cos, u can say, no risk no gain... already got gain liao, so it's safer to take money off the table anyway! :O

make money, is definitely better than losing money!

That is what I have been doing so far...Have made sure that I have collected back more than my principal invested. Will let a small portion ride on the unknowns  Big Grin
=========== Signature ===========
"You are right not because the world agrees or disagrees with you, rather you are right because your facts & reasoning are right."

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16-11-2017, 12:09 PM.
Post: #16
RE: Compact Metal Industries
okay lah, Big Grin we have to acknowledged that there is a little bit of "gambler" inside all of us... Big Grin
just don't gamble away your life...! Tongue
=========== Signature ===========
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 

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18-11-2017, 10:13 AM.
Post: #17
RE: Compact Metal Industries
(16-11-2017, 11:46 AM)sgmystique Wrote: There is something amazing happening around Compact Metal and there is absolutely zero buzz about it!

The share has traded upto $0.047 today. I of course don't mind still holding on to some that I had bought at the depths (When there was fear that trading in the company was about to be suspended). However I am very keen to know any reasoning for this huge spurt in price in the matter of days without any special news being announced...

Buying fallen angels is always a matter of luck whether they will turn out to be a winner.... but holding the stock to this level necessitates extraordinary trading discipline and sheer guts, something that, unfortunately, most (including myself) lack.

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20-11-2017, 09:21 AM.
Post: #18
RE: Compact Metal Industries
(18-11-2017, 10:13 AM)ACTIVIST SPEAKS Wrote:
(16-11-2017, 11:46 AM)sgmystique Wrote: There is something amazing happening around Compact Metal and there is absolutely zero buzz about it!

The share has traded upto $0.047 today. I of course don't mind still holding on to some that I had bought at the depths (When there was fear that trading in the company was about to be suspended). However I am very keen to know any reasoning for this huge spurt in price in the matter of days without any special news being announced...

Buying fallen angels is always a matter of luck whether they will turn out to be a winner.... but holding the stock to this level necessitates extraordinary trading discipline and sheer guts, something that, unfortunately, most (including myself) lack.

Well one can always do with a dose of luck  Smile

I have liquidated 95% of my holdings in Compact Metal (with most at lower levels) and am holding just 5% now. I consider these returns pure luck. Yes I did feel the stock was undervalued when it was trading at below net cash levels. However now someone really needs to believe in their cement driven business plans in Kazhakstan to buy and hold. The other option is that this is again one of those trader driven junkets!
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