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BULLISH REPORTS ON ANCHOR GOLD s EXPLORATION
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trader1970
Elite |
08-Jul-2016 16:47
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Persistent pushing can break any wall... get ready... :) |
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andysim83
Elite |
08-Jul-2016 16:41
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yeah...need to see in the last 10 mins...hopefully next week can chiong past .15..
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trader1970
Elite |
08-Jul-2016 16:34
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If it maintain at 147 -148 high possibility ll close at 150 and continue next week the surge... Another making of CNMC> > > > :) |
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trader1970
Elite |
08-Jul-2016 16:29
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Get ready for the push to the high of the day!... |
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andysim83
Elite |
08-Jul-2016 14:05
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great recovery from .132.....dunno will chiong up later or not...
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NoMoney
Master |
07-Jul-2016 19:58
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woah i miss the action..... lucky i still hold at 11.8 zzzzzzzz hope can chiong more than 30 cents   |
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mrwise
Supreme |
07-Jul-2016 16:24
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After Anchor, will be liongold to run up... |
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ysh2006
Supreme |
07-Jul-2016 16:15
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Why Mr Mark Lee gold pawn shop business gold or not ?...since gold price up back many housewife/husband will take out gold to pawn, business will be good....! O$P$ ! too!!
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johnng
Supreme |
07-Jul-2016 13:11
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BBs pushing to new highs today |
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johnng
Supreme |
07-Jul-2016 12:34
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GOOD JOB by the BBs today  |
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johnng
Supreme |
07-Jul-2016 11:21
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time for a nice breakout to come |
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Wind22i
Supreme |
05-Jul-2016 07:44
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Anchor need to quickly start gold production ..by this year or next year..
Gold price is expected to be good.. As for the shareprice -it seem to be volatile and follow gold prices.. The better gold counter is cnmc...as it is already a producing asset...with high ROE |
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johnng
Supreme |
05-Jul-2016 06:29
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Anchor dun want to move with Cnmc.... |
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NoMoney
Master |
04-Jul-2016 21:36
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sigh.... just now look like buying interest but there is also some sell/profit taking that push it back down   |
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Wind22i
Supreme |
04-Jul-2016 16:41
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Anchor still way below its IPO price..
So many big BBs will look to whack it up a bit |
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Wind22i
Supreme |
04-Jul-2016 16:34
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Anchor is good if by year end it can start to produce gold...
It can become like cnmc if or when that happens.. It is still in the game... |
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Wind22i
Supreme |
04-Jul-2016 16:07
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Gold bullish..anchor volatile | ||
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paul1688
Veteran |
01-Jul-2016 19:23
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Diversification is a double edged sword. On one hand it allows the company to hedge against a specific product or business downturn, but on other hand it may cause management to lose specialized focus or stretch resources beyond optimum.
Anchor's proposes acquisition is interesting. Company clearly said it is for diversification. Gold and granite are so different and I am not aware of industry complements - maybe manufacturing and mining processes may have knowledge synergies. Anchor's gold business is still spluterring from last we heard. To buy an existing company and business that presumably they have conducted a ROI analysis and is earnings accretive appear to make sense as gold production is still in the red. I guess like all things it is down to management execution. Time will tell if this Anchor purchase is brilliant or a dud. If one is risk adverse, better to stick to CNMC if one wants to invest in mining / precious metals theme in SGX. If one believes in going for higher beta stocks with an early mover contrarian approach, then Anchor may offer an interesting play in a widely anticipated gold pre bull cycle. Anchor's price is half IPO level and at least Anchor management appears to be proactive to shore up and plan company's business outlook and fortunes - far better than so many passive management in so many companies that are indifferent to eroding retail shareholders value. Call it punting or high risk / high yield play, Anchor does offer an interesting different play on the gold theme. Like all cases with equities, key prerequisites to enter this stock is the belief there is no Management shenanigans and company has good governance and audit system. Remarks : Just sharing. Not vested. Current gold bull. |
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risktaker
Supreme |
01-Jul-2016 16:15
Yells: "Posts are opinions. Do not take it as investment advise " |
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I think they cannot make it in gold thats why they go into granite..... | ||
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Msport
Elite |
01-Jul-2016 15:33
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think they just supporting price at current level... not pushing |
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