| Latest Forum Topics / Auric Pacific |
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Any advice on this stock?
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heisuke
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30-Oct-2012 10:17
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Will hold out till this week i guess. If next wk still free fall, then will cut losses. Keeping fingers crossed. :/
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stockseeker
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29-Oct-2012 15:44
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Dollar cost average (if you've got deep pockets). If not cut loss. I entered Auric a couple of   times, profitted and lost from it as well. The string of negative news - which I posted a couple of times on this thread - is a clear signal for me to exit for good. Anyway, I loaded Dukang today. Tomorrow's their EGM, possibility on bonus / rights / warrants issue.  See their annoucement(s) on SGX. Btw, looking at their increased earning and cashflow over the past four years, this fella's war chest reeks potential.
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heisuke
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29-Oct-2012 15:14
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Sian.. entered at the wrong time.
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tonylim
Master |
29-Oct-2012 15:00
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Moving from 70 cents to this price is already very good - tapping on mainly to the F & N saga and YHS's metoric rise. No good reason for the rise under the ex-SMRT CEO
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stockseeker
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29-Oct-2012 14:53
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Free-fall counter, riddled with too much bad news... 
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Sgshares
Elite |
29-Oct-2012 12:03
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Drop below $1.1 will go down further otherwise will rebound...happy trading
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heisuke
Member |
29-Oct-2012 11:54
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Keeps dropping... :( | ||||
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stockseeker
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26-Oct-2012 23:14
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Net Asset Value-wise, Auric claims to be under-valued (1.79 SGD) But as long as the company is not up for sale - it's real value will not be realised. Besides, the related companies to it are all on negative news - Food Junction has results warning. Lippo, it's parent company is fighting a 250 million lawsuit. For me, I'll stay sidelined till things turn around / dust is settled. | ||||
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ballball
Elite |
26-Oct-2012 22:02
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Is tis v good co to invest in. | ||||
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dicksonh
Veteran |
26-Oct-2012 21:49
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wonder if it will move up this coming week?   |
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stockseeker
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26-Oct-2012 12:49
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I opine three key causes for the selldown: 1. Market-instability. 2. Selldown and profit-taking of most FnB counters lately. 3. Lippo Group - 49.5% owner of Auric - are currently embroiled in a legal battle the court has sought for them to pay $250 million for a failed joint venture. If their appeal fails and they've to cough up cash to settle the legal costs and compensation of $250 million, selling Auric may just be in the cards. Why? In the first place, Auric only represents 4% of Lippo's asset portfolio. So, no surprise if Auric's placed on the display shelf for sale.  
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heisuke
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25-Oct-2012 11:02
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Seems like going down and down at the moment. Haha | ||||
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dicksonh
Veteran |
25-Oct-2012 08:52
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time to go up and up!! | ||||
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heisuke
Member |
24-Oct-2012 10:25
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Why forced selling?
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susan66
Elite |
23-Oct-2012 18:51
Yells: "Hope is in the Future, huat together!" |
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Luckily give it a miss yesterday, but is in my watchlist. Will monitor & enter during the next reversal.
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chinton86
Master |
23-Oct-2012 13:25
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I do not disagree with you. Good Luck!~ | ||||
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stockseeker
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18-Oct-2012 19:00
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Auric is a substantial shareholder of Food Junction. From what I read, Food Junction just issued a profit warning today. I guess this will cause Auric to retrace until its Q3 results is out. | ||||
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tonylim
Master |
18-Oct-2012 13:31
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All food stocks are overated because of F& N.  Yeo Hiap Seng is falling and will continue to fall to realistic value. 
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dicksonh
Veteran |
18-Oct-2012 10:27
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With all the stocks moving up, this should be doing better than now? | ||||
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dicksonh
Veteran |
17-Oct-2012 09:59
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any good news on this? | ||||
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