| Latest Forum Topics / Sunningdale Tech |
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Sunning Tech
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justgoo
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04-Aug-2014 12:17
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Why tmr drop more
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worcer
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04-Aug-2014 11:52
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wah really good buy this counter... But tmr may drop more... everyone waiting for that. Because US monday havent see news mah. Too bad i cant hold this counter. |
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Raptor50
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04-Aug-2014 11:37
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Sunningdale Tech: target 0.17 post by shareinvestor.01 Aug 2014 07:35
The MACD is positive and below its signal line.
Our pivot point is at 0.231. Our preference: target 0.17. Alternative scenario: the upside breakout of 0.231 would call for 0.252 and 0.264. Comment: the RSI is trading below 30. This could mean that either the stock is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is below its 20 day MA (0.22) but above its 50 day MA (0.19). Supports and resistances: 0.264 ** 0.252 * 0.231 ** 0.223 0.205 last 0.182 0.17 ** 0.158 * 0.147 ** Copyright 1999 - 2014 TRADING CENTRAL
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Novice13
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04-Aug-2014 11:26
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If market conditions continue to worsen, it may go back to 17cts level.
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khairsy
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04-Aug-2014 10:16
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price is now below 0.20....any upside to this? Appreciate any views. Cheers! |
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Novice13
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04-Aug-2014 07:50
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Can Sunningdale like UMS rebounds back strongly from 20cts to 22cts level pending the release of its last qtr results? | ||||||||
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woonie
Senior |
03-Aug-2014 15:16
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Whenever a company finds its shares selling far below the intrinsic value it can turn cannibal to buyback its shares. This enhances the value of the exisiting shares, keeps the short sellers from getting too excited and provides a floor to the company' s employee options plans.
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AddLuck
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03-Aug-2014 09:48
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Up to 2016 to consolidate - but then only for main board.....catalyst exempted....... guess more people and   bbs will switch to catalyst for their gambling itch. 
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Novice13
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03-Aug-2014 07:10
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Any idea when this new rule(at least 20cts and above) is going to implement? Then how would those existing 20cts and below penny stocks going to react? So wat actions will those penny stocks companies take? Will shares consolidation exercise going to be a common practice in coming days in order boost up these companies shares prices in order to retain its Mainboard status? | ||||||||
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woonie
Senior |
03-Aug-2014 03:13
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New rules have been confirmed Friday. Major change will be the imposition of a minimum trading price of 0.20 for Mainboard listed shares. I think this is a good step however my friend Gabriel has pointed out, that won' t prevent such penny stocks rout from happening again. In the early nineties I was a lone wolf in pushing for the circuit breakers after seeing prop traders in similar meltdowns playing that naked short game. Sadly the good intentions fell on deaf ears then. The present moves are retrospective, decades belated and hardly proactive they should have been implemented yesterday. The collateralised new measures, a modified adaptation of the US model is however a timely and prudent policy abeit that 5% is on the low side. Mainboard listed SunningDale closes 0.20 Friday below its 0.30+ book value with a week to its quarter results. Take care and successful investing everyone  )       |
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woonie
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02-Aug-2014 16:19
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This does not qualify as a H& S, the clue is in the volume. Instead it is a typical market structure retracement to the 50dma support potentially for the next wave up. Due to reliability and subjectivity concerns H& S is seldom used by the professionals despite the academic noises you may hear the classics still are better references.
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woonie
Senior |
02-Aug-2014 16:09
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When did we say that the charts are bad?
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Jfierce
Senior |
02-Aug-2014 13:34
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Lol... why all so rah rah when the chart is bad? | ||||||||
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woonie
Senior |
02-Aug-2014 02:13
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Great work Alex! |
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alexmay34
Veteran |
02-Aug-2014 00:11
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Thanks, this is one of the bigger baskets
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Jfierce
Senior |
01-Aug-2014 22:34
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it has formed a head and shoulders pattern... trend reversal? | ||||||||
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woonie
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01-Aug-2014 15:46
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Wah yesterday Dow dropped 300 points...  today Sg dropped 30 points... this stock is unchanged...  not so bad liao. |
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khairsy
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01-Aug-2014 10:14
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Hi guys.....how come sellers keep coming out? not a good sign? |
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woonie
Senior |
31-Jul-2014 23:14
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It is a cluster thing that all moves in tandem when a takeover occurs and I think there has been some talks lately like you have mentioned. Great tips, thanks. |
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AddLuck
Veteran |
31-Jul-2014 21:36
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In addition, Goh Seng Hooi put money for fun ,Ya???....and SCP also still talking with other parties....wonder who???.....something brewing.....just don' t know which target or targetted. lol!!!!
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