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ChipEngS - Low PE, High Yield and High NAV in One Post Reply Rate topic
explosive2013 Master	08-Oct-2018 21:07        explosive2013 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Does it mean that chip eng seng will drop 50% too? 1.08 / 2 =$0.504 AttasBoss      ( Date: 08-Oct-2018 20:31) Posted: Cosmosteel case, Father sold shares to Japs, not Sons. Sons bought more shares from open market after the price crash by half. Qanghoo      ( Date: 08-Oct-2018 19:53) Posted: Think in Cosmosteel' s case, they did sometime later at (if I recall correctly) at close to half px.
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AttasBoss Elite	08-Oct-2018 20:31        AttasBoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cosmosteel case, Father sold shares to Japs, not Sons. Sons bought more shares from open market after the price crash by half. Qanghoo      ( Date: 08-Oct-2018 19:53) Posted: Think in Cosmosteel' s case, they did sometime later at (if I recall correctly) at close to half px.  sbscap      ( Date: 08-Oct-2018 16:09) Posted: You are thinking that these people, who sold their shares at 1.08, after holding on for decades, will jump back in after less than a week because of 20c? Maybe to cover their shorts. LOL
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Qanghoo Supreme	08-Oct-2018 19:53        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think in Cosmosteel' s case, they did sometime later at (if I recall correctly) at close to half px.  sbscap      ( Date: 08-Oct-2018 16:09) Posted: You are thinking that these people, who sold their shares at 1.08, after holding on for decades, will jump back in after less than a week because of 20c? Maybe to cover their shorts. LOL. MichaelSchenker      ( Date: 08-Oct-2018 15:48) Posted: How about the existing SSH who agreed to the sale @ 1.08 deal, can they buy off the market currently at 84 cents? It is already a 20 cents difference. Unless they dont have any intention to hold the shares any more.
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Qanghoo Supreme	08-Oct-2018 19:25        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will it go back to 60+ which it seemed to have been stuck for ages?  How will the new major shareholders run the coy.  These are some of the big qns facing minorities now.  As for me, I' ve already said.  I' ll not be vested.  Stocky901      ( Date: 08-Oct-2018 17:59) Posted: Support at 80 cents. Everything will go back to normal. Except CES suddenly turns into s-chip.
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MichaelSchenker Master	08-Oct-2018 19:02        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nice to see some interesting points brought up. Makes good forum discussions! My intention is not to challenge anyone, afterall, there is no right or wrong......until we realised our vested profits. anyway........just to recap the most recent trading sessions. There are 2 significant moves that we should take note of. 1) The spike up before a trading is called. Now, clearly this is not the work of the market as there is no official announcement, not even market talk about this event. So, I guess it could be the work of those in the know. 2) Today, after announcements and when trading halt was lifted, upon the opening bell, prices took a tumble. Now, this is what we have to accept as Market reaction. And did you guys smell a tinge of fear and uncertainty with the Market? And of course I wish to reiterate this is not a buy call from me. I made a Buy simply due to my gut-feel, nothing else.  Good to hear both sides. So, to summarie, with due assumptions, the Buying up was done by insiders while the Selling down was largely by the Market reaction.
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Stocky901 Supreme	08-Oct-2018 17:59        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Support at 80 cents. Everything will go back to normal. Except CES suddenly turns into s-chip.
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Starship Supreme	08-Oct-2018 17:53        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	A whopping 197.6m shares trades today. Nothing short of a ridiculous amount.  And a jawdropping 10% down despite a new SS bought at $1.08. SGX Regco should investigate.
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explosive2013 Master	08-Oct-2018 17:40        explosive2013 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for sharing the useful info.. Any way to check if Sinhaiyi MD indeed pay $1.08 per share and didn't get 30% discount privately.
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Starship Supreme	08-Oct-2018 17:03        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	I agree as well. I' ve noticed more than a few examples of flamboyant businessmen here buying up big stakes of listed companies accompanied by whistles, gongs and trumpets (aka PR stunts).  Once they' ve settled in, the stock price languish in penny-stock states forever and the dividends paid out are less than peanuts. These stocks then become stock traders' paradise due to the repeated PR stunts at curated intervals. But these stocks also become terrifiying experience for long-ter/dividend investors, who have no choice but to finally exit with losses. I' m one of them, so I' m hoping to exit without loss.  But chances of that happening looks bleak now. sbscap      ( Date: 08-Oct-2018 16:52) Posted: What I meant by an uncertain future is the old CES is moving into a new area like education while still pursuing its biz in properties and construction. Love it or hate it, it was clear where they were heading and so we either buy or don' t buy their shares. The Tangs just paid millions. Of course they have some idea(s) of what they want to do. But we don' t know what these ideas are. From their track record, the shares of companies they purchased didn' t do well - share price as well as company' s performance. Also, we have not been told where CES is heading. My point is why bother? sbscap      ( Date: 08-Oct-2018 16:45) Posted: I don' t think CES is the same company after the Tangs move in. CES was in the low 70s (my final purchase price before I sold at 93c) and I think the price should revisit that area at the minimum before it becomes attractive. Personally, I would stay far, far away. There are so many other stocks to buy, why bother with one where the future is so uncertain?
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sbscap Master	08-Oct-2018 16:52        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	What I meant by an uncertain future is the old CES is moving into a new area like education while still pursuing its biz in properties and construction. Love it or hate it, it was clear where they were heading and so we either buy or don' t buy their shares. The Tangs just paid millions. Of course they have some idea(s) of what they want to do. But we don' t know what these ideas are. From their track record, the shares of companies they purchased didn' t do well - share price as well as company' s performance. Also, we have not been told where CES is heading. My point is why bother? sbscap      ( Date: 08-Oct-2018 16:45) Posted: I don' t think CES is the same company after the Tangs move in. CES was in the low 70s (my final purchase price before I sold at 93c) and I think the price should revisit that area at the minimum before it becomes attractive. Personally, I would stay far, far away. There are so many other stocks to buy, why bother with one where the future is so uncertain?
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sbscap Master	08-Oct-2018 16:45        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	I don' t think CES is the same company after the Tangs move in. CES was in the low 70s (my final purchase price before I sold at 93c) and I think the price should revisit that area at the minimum before it becomes attractive. Personally, I would stay far, far away. There are so many other stocks to buy, why bother with one where the future is so uncertain?
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MichaelSchenker Master	08-Oct-2018 16:43        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	I just bought a bit, at 85.0 cents, just to have a reference point. Next buy target will likely be 82 cents. (your money, your call!)  MichaelSchenker      ( Date: 08-Oct-2018 16:36) Posted: I suspect one of these days they might just jump in again, that is, if the price is Low enough (to them). Afterall, they have already realised a handsome profit. 20 cents is a huge margin. CES is still fundamentally strong, just that some Chinese want to have a slice of the business, probably to show support for their 1 belt 1 road ideology. Esp, CES in the construction business. The Chinese already have CWT, in the logistics biz. But for sure, the new major SSH will not buy anymore, otherwise it may breach the 30% threshold. I am planning an entry soon. Watching the price & stability now. sbscap      ( Date: 08-Oct-2018 16:09) Posted: You are thinking that these people, who sold their shares at 1.08, after holding on for decades, will jump back in after less than a week because of 20c? Maybe to cover their shorts. LOL
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Francisgohyc Master	08-Oct-2018 16:41        Francisgohyc About Contact  Quote this Post!
x 0   x 0  Alert Admin	I will follow you when you buy in, something unusual that it falls heavyly Will monior closely for the price, maybe buy 200 Lot below 80 cents  ( 1 lot 100 share ) Risk return if there  is a take over   MichaelSchenker      ( Date: 08-Oct-2018 12:50) Posted: Has anybody figure out why the price spiked up before closing and a subsequent trading halt? Surely, the action is the work of insiders.  Or, is there speculation that some big hands are trying to pull the price down before executing a GO bid? (Not vested yet, wait another day or two)
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Starship Supreme	08-Oct-2018 16:40        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	I had wanted to exit this counter today, but the price crash means it won' t be happening soon. The worrying thing is that the new SS might let the share price keep dropping. And cut dividend, resulting in long-term retail investors/dividend investors exit the counter. Then at rock bottom prices, the SS scoop up cheap shares or worse, make a cheapo offer to take the company private. And in the end, retails get the short end of the stick.  Yet again.
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MichaelSchenker Master	08-Oct-2018 16:36        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	I suspect one of these days they might just jump in again, that is, if the price is Low enough (to them). Afterall, they have already realised a handsome profit. 20 cents is a huge margin. CES is still fundamentally strong, just that some Chinese want to have a slice of the business, probably to show support for their 1 belt 1 road ideology. Esp, CES in the construction business. The Chinese already have CWT, in the logistics biz. But for sure, the new major SSH will not buy anymore, otherwise it may breach the 30% threshold. I am planning an entry soon. Watching the price & stability now. sbscap      ( Date: 08-Oct-2018 16:09) Posted: You are thinking that these people, who sold their shares at 1.08, after holding on for decades, will jump back in after less than a week because of 20c? Maybe to cover their shorts. LOL. MichaelSchenker      ( Date: 08-Oct-2018 15:48) Posted: How about the existing SSH who agreed to the sale @ 1.08 deal, can they buy off the market currently at 84 cents? It is already a 20 cents difference. Unless they dont have any intention to hold the shares any more.
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tonylim70 Veteran	08-Oct-2018 16:31        tonylim70 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As someone stated in this thread, the buyer is from china? making this stock a semi-china s-chip ... Francisgohyc      ( Date: 08-Oct-2018 16:26) Posted: Wow 196 million at 85.5 cents drop 9 cents today Funny the married deal    is at $1.08, it seen to be trap for retailer to step in Will puchase small small when it drop below 80 cents ( High risk ......)
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Francisgohyc Master	08-Oct-2018 16:26        Francisgohyc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow 196 million at 85.5 cents drop 9 cents today Funny the married deal    is at $1.08, it seen to be trap for retailer to step in Will puchase small small when it drop below 80 cents ( High risk ......)
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bigeater Member	08-Oct-2018 16:23        bigeater About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not 52 week low yet...wonder it will go there.
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Thi654321ABCDEF Master	08-Oct-2018 16:11        Thi654321ABCDEF About Contact  Quote this Post!
x 0   x 0  Alert Admin	EVERY ONE LIKE  SELLING - TO SCARY PEOPLE satruz      ( Date: 08-Oct-2018 15:57) Posted: Selling damn fierce .....
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sbscap Master	08-Oct-2018 16:09        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	You are thinking that these people, who sold their shares at 1.08, after holding on for decades, will jump back in after less than a week because of 20c? Maybe to cover their shorts. LOL. MichaelSchenker      ( Date: 08-Oct-2018 15:48) Posted: How about the existing SSH who agreed to the sale @ 1.08 deal, can they buy off the market currently at 84 cents? It is already a 20 cents difference. Unless they dont have any intention to hold the shares any more.
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