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What is metal component a undervalue gem? Post Reply Rate topic
watashievil Master	27-Nov-2019 14:19        watashievil About Contact  Quote this Post!
x 0   x 0  Alert Admin	4.1c plsss~ gogogo bb
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Trader-101 Supreme	27-Nov-2019 13:39        Trader-101 About Contact  Quote this Post!   Mood: Yells: "Don't trust what i say, Trust your decisions. "
x 0   x 0  Alert Admin	Need to clear 36 at one shot
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Trader-101 Supreme	27-Nov-2019 12:30        Trader-101 About Contact  Quote this Post!   Mood: Yells: "Don't trust what i say, Trust your decisions. "
x 0   x 0  Alert Admin	Depends on buyer liao see if buyers collectively wants to clear off 36, once clear, shortists will get scared liao watashievil      ( Date: 27-Nov-2019 11:59) Posted: hopefully not game over~ hopefully they have 1 more wave up in the noon~
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watashievil Master	27-Nov-2019 11:59        watashievil About Contact  Quote this Post!
x 0   x 0  Alert Admin	hopefully not game over~ hopefully they have 1 more wave up in the noon~
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mustang Senior	27-Nov-2019 11:37        mustang About Contact  Quote this Post!
x 0   x 0  Alert Admin	I like high sell walls. Unlike most, i view it positively ..... emotion factor. Conversely, i view high buy walls as negative.
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Trader-101 Supreme	27-Nov-2019 11:29        Trader-101 About Contact  Quote this Post!   Mood: Yells: "Don't trust what i say, Trust your decisions. "
x 0   x 0  Alert Admin	They are at a very high risk of not being able to cover after selling down. Unless they are able to sell down below 30 the it will be possible for them to cover, if not they will push up the price instead Trader-101      ( Date: 27-Nov-2019 11:27) Posted: You also in Rex right Hahahahaha Shortists will lose in metal component if they continue blocking off 36. They already sold down a lot already, maybe 10 million or more liao mustang      ( Date: 27-Nov-2019 11:25) Posted: yes, you must protect your profits with trailing stop, esp if you are trading it for short term gains.
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Trader-101 Supreme	27-Nov-2019 11:27        Trader-101 About Contact  Quote this Post!   Mood: Yells: "Don't trust what i say, Trust your decisions. "
x 0   x 0  Alert Admin	You also in Rex right Hahahahaha Shortists will lose in metal component if they continue blocking off 36. They already sold down a lot already, maybe 10 million or more liao mustang      ( Date: 27-Nov-2019 11:25) Posted: yes, you must protect your profits with trailing stop, esp if you are trading it for short term gains.
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mustang Senior	27-Nov-2019 11:25        mustang About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes, you must protect your profits with trailing stop, esp if you are trading it for short term gains.
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Trader-101 Supreme	27-Nov-2019 11:10        Trader-101 About Contact  Quote this Post!   Mood: Yells: "Don't trust what i say, Trust your decisions. "
x 0   x 0  Alert Admin	Shortists alert must be careful 🚨
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mustang Senior	27-Nov-2019 10:43        mustang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just broke 35. Hope can see 38-40.
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mustang Senior	27-Nov-2019 10:11        mustang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Finally...... 34/35 R.
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ronleech Elite	22-Nov-2019 15:06        ronleech About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Believe in yourself. Ride with the waves......"
x 0   x 0  Alert Admin	drowned into deep deep sea
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mustang Senior	22-Nov-2019 03:47        mustang About Contact  Quote this Post!
x 0   x 0  Alert Admin	One of the better performers in the current weak market sentiment. It made a high of 35. Still looking very good on the chart. Support is at 30.
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mustang Senior	21-Nov-2019 15:15        mustang About Contact  Quote this Post!
x 0   x 0  Alert Admin	This one is holding well despite general market weakness for the past 2 days. Look good.
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mustang Senior	21-Nov-2019 09:34        mustang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes RMB 6.6M or just 0.00342 per share. Not material. Please see info below. (iii) The Sale Consideration takes into account the assets of MCE Industries which include land use rights, buildings, and bank deposits and accounts receivable (such bank 2 deposits and accounts receivable amounting to an aggregate of RMB6.6 million). The accounts receivable shall be recovered by the Company and retained as cash in MCE Industries.  superstartup      ( Date: 20-Nov-2019 14:13) Posted: The sale price include the cash and account receivables. So nett proceeds in my view should less off RMB 6.6m. Just sharing. (Not vested). mustang      ( Date: 20-Nov-2019 12:46) Posted: Whilst browsing thru the SGX website, i came across this 15 Nov 2019 announcement by Metal Components on its sale of MCE Industries (Shanghai) Co Ltd for RMB 75.5M. MCE ceased operations since end 2017.  MCE Industries owns a leasehold land and property in Qingpu District, Shanghai, the PRC, with a land area of 25,000 square metres and a tenure of 50 years (commenced on 20 December 2006 and expiring on 19 December 2056) . The sale of a dormant and non-performing asset is a prudent move by the Coy. With an issued shares of about 374M shares, the sale proceed worksout to about 3.9 cents per share. And Metal Components share was last traded at 3 cents before the lunch hour break.  Please note that it is a non binding agreement subject to a few pre conditions. Please read the announcement for the details. Also note this counter can be quite illiquid, and therefore carries high risk. As usual, Do Your Due Diligence, and manage your risk when trading or investing such speculative stocks. Good Luck! SIGNING OF NON-BINDING FRAMEWORK AGREEMENT IN RESPECT OF PROPOSED SALE OF MCE INDUSTRIES (SHANGHAI) CO., LTD 1. INTRODUCTION The board of directors (&ldquo Board&rdquo or &ldquo Directors&rdquo ) of Metal Component Engineering Limited (the &ldquo Company&rdquo , together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that the Company had, on 14 November 2019, entered into a non-binding framework agreement (the &ldquo Agreement&rdquo ) with Mr. Pan Genfu (潘 根 富 ) (&ldquo Buyer&rdquo ) for the proposed sale of 100% equity interest in MCE Industries (Shanghai) Co., Ltd (&ldquo MCE Industries&rdquo ) (&ldquo Equity Interest&rdquo ) held by the Company to the Buyer (&ldquo Proposed Sale&rdquo ) for a consideration of RMB75.5 million (&ldquo Sale Consideration&rdquo ). The Company and the Buyer shall collectively be known herein as the &ldquo Parties&rdquo , and each a &ldquo Party&rdquo . The Agreement does not constitute a legally binding contract or otherwise give the Company legally enforceable rights and obligations in respect of the Proposed Sale except governing conditions on the penalty, forfeiture or repayment of the Deposit (details as set out in section 2 of this announcement). The Agreement is intended to serve as a framework to the preparation of a definitive sale and purchase agreement to be entered into between the Parties.
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pool100 Veteran	20-Nov-2019 16:37        pool100 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The sale of the property is worth more than the current market cap! Stock is definitely undervalued at current price. I think we could see it go to 55-60 range soon.
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superstartup Supreme	20-Nov-2019 14:13        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	The sale price include the cash and account receivables. So nett proceeds in my view should less off RMB 6.6m. Just sharing. (Not vested). mustang      ( Date: 20-Nov-2019 12:46) Posted: Whilst browsing thru the SGX website, i came across this 15 Nov 2019 announcement by Metal Components on its sale of MCE Industries (Shanghai) Co Ltd for RMB 75.5M. MCE ceased operations since end 2017.  MCE Industries owns a leasehold land and property in Qingpu District, Shanghai, the PRC, with a land area of 25,000 square metres and a tenure of 50 years (commenced on 20 December 2006 and expiring on 19 December 2056) . The sale of a dormant and non-performing asset is a prudent move by the Coy. With an issued shares of about 374M shares, the sale proceed worksout to about 3.9 cents per share. And Metal Components share was last traded at 3 cents before the lunch hour break.  Please note that it is a non binding agreement subject to a few pre conditions. Please read the announcement for the details. Also note this counter can be quite illiquid, and therefore carries high risk. As usual, Do Your Due Diligence, and manage your risk when trading or investing such speculative stocks. Good Luck! SIGNING OF NON-BINDING FRAMEWORK AGREEMENT IN RESPECT OF PROPOSED SALE OF MCE INDUSTRIES (SHANGHAI) CO., LTD 1. INTRODUCTION The board of directors (&ldquo Board&rdquo or &ldquo Directors&rdquo ) of Metal Component Engineering Limited (the &ldquo Company&rdquo , together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that the Company had, on 14 November 2019, entered into a non-binding framework agreement (the &ldquo Agreement&rdquo ) with Mr. Pan Genfu (潘 根 富 ) (&ldquo Buyer&rdquo ) for the proposed sale of 100% equity interest in MCE Industries (Shanghai) Co., Ltd (&ldquo MCE Industries&rdquo ) (&ldquo Equity Interest&rdquo ) held by the Company to the Buyer (&ldquo Proposed Sale&rdquo ) for a consideration of RMB75.5 million (&ldquo Sale Consideration&rdquo ). The Company and the Buyer shall collectively be known herein as the &ldquo Parties&rdquo , and each a &ldquo Party&rdquo . The Agreement does not constitute a legally binding contract or otherwise give the Company legally enforceable rights and obligations in respect of the Proposed Sale except governing conditions on the penalty, forfeiture or repayment of the Deposit (details as set out in section 2 of this announcement). The Agreement is intended to serve as a framework to the preparation of a definitive sale and purchase agreement to be entered into between the Parties.
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mustang Senior	20-Nov-2019 12:46        mustang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Whilst browsing thru the SGX website, i came across this 15 Nov 2019 announcement by Metal Components on its sale of MCE Industries (Shanghai) Co Ltd for RMB 75.5M. MCE ceased operations since end 2017.  MCE Industries owns a leasehold land and property in Qingpu District, Shanghai, the PRC, with a land area of 25,000 square metres and a tenure of 50 years (commenced on 20 December 2006 and expiring on 19 December 2056) . The sale of a dormant and non-performing asset is a prudent move by the Coy. With an issued shares of about 374M shares, the sale proceed worksout to about 3.9 cents per share. And Metal Components share was last traded at 3 cents before the lunch hour break.  Please note that it is a non binding agreement subject to a few pre conditions. Please read the announcement for the details. Also note this counter can be quite illiquid, and therefore carries high risk. As usual, Do Your Due Diligence, and manage your risk when trading or investing such speculative stocks. Good Luck! SIGNING OF NON-BINDING FRAMEWORK AGREEMENT IN RESPECT OF PROPOSED SALE OF MCE INDUSTRIES (SHANGHAI) CO., LTD 1. INTRODUCTION The board of directors (&ldquo Board&rdquo or &ldquo Directors&rdquo ) of Metal Component Engineering Limited (the &ldquo Company&rdquo , together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that the Company had, on 14 November 2019, entered into a non-binding framework agreement (the &ldquo Agreement&rdquo ) with Mr. Pan Genfu (潘 根 富 ) (&ldquo Buyer&rdquo ) for the proposed sale of 100% equity interest in MCE Industries (Shanghai) Co., Ltd (&ldquo MCE Industries&rdquo ) (&ldquo Equity Interest&rdquo ) held by the Company to the Buyer (&ldquo Proposed Sale&rdquo ) for a consideration of RMB75.5 million (&ldquo Sale Consideration&rdquo ). The Company and the Buyer shall collectively be known herein as the &ldquo Parties&rdquo , and each a &ldquo Party&rdquo . The Agreement does not constitute a legally binding contract or otherwise give the Company legally enforceable rights and obligations in respect of the Proposed Sale except governing conditions on the penalty, forfeiture or repayment of the Deposit (details as set out in section 2 of this announcement). The Agreement is intended to serve as a framework to the preparation of a definitive sale and purchase agreement to be entered into between the Parties.
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samudra Veteran	30-Nov-2017 09:33        samudra About Contact  Quote this Post!
x 0   x 0  Alert Admin	fat hope those vested money got strucked johnng      ( Date: 30-Nov-2017 09:27) Posted: Can chiong bo???
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johnng Supreme	30-Nov-2017 09:33        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	go go go !!!
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