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Seatrium - Sea of Hopes & Atrium of Surprises (II)
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SQueeze
Master |
19-Jun-2020 12:38
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The mega strong support of 43.
Bearish trend confirmed. Doubt it will reach 30. 38 will be the next support level.
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Laurenpanna
Veteran |
19-Jun-2020 12:28
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what happen ? What broke? I am waiting for it to go 0.30+ before i Average again Do you think this will happen ? |
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SQueeze
Master |
19-Jun-2020 12:11
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Something just broke. This is terrible. | ||||
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francisd
Master |
19-Jun-2020 12:03
Yells: "BUY LOW SELL HIGH" |
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Very strange trading happening here... SGX should investigate who are the major buyers and sellers. Cheers. |
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beng1102
Elite |
19-Jun-2020 11:52
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Few days ago I saw huge volume got snapped up and today seem not much buying? The usual go down first before go up?
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Vietshare
Member |
16-Jun-2020 22:53
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Items# 9, 10, 11 concerns share buyback and issuance of rights, warrants, etc but I believe they are all about authorizing and empowering directors to do so within scope etc. There' s no resolution passed or any filings made to do so yet I feel.
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winpen88
Member |
16-Jun-2020 22:08
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They just released their AGM notes on SGX. Could it be share buy back? Section 11 states that they are allowed to buy on or off market puchase. Is that what they did? |
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Lecter888
Member |
16-Jun-2020 20:49
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SQueeze, exactly my point. The 0.43 are all bought from seller. If there are panic sellers, the price would have been drop to 0.425 and sold to buyer. Million of shares trade at 0.43 should push the price to 0.435 and 0.44 but that is not happening. More than 8million of off-market transaction is not norm.
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Cadence88
Veteran |
16-Jun-2020 17:28
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Married deal perhaps. | ||||
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SQueeze
Master |
16-Jun-2020 17:00
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No. What is happening today is not demand and supply. the price is fixed and manipulated. If it is panic selling, why no seller selling at 425 with 2 million queues. The price does not move despite the huge historic volumes. Now we suddenly see matching million queues at 435 out of the blue. Let' s see. Besides, the news is not new news. We all know demand will tank this year.
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Vietshare
Member |
16-Jun-2020 16:49
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https://www.cnbc.com/2020/06/16/oil-prices-iea-sees-largest-drop-of-demand-in-history-this-year.html Read article. Some panic selling that what it is IMO. But there are many who believe its worth picking up. So this counter is hanging on a thread, and its quite a stubborn one at 0.43.
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Lecter888
Member |
16-Jun-2020 16:41
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0.43 seem like a bottomless pit. Never get to fill up. When ask volume below 1000 shares, suddenly another 100k comes in. What is going on?
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SQueeze
Master |
16-Jun-2020 16:31
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Today' s volume only happened once or max twice a year based on past records. Each time followed by a massive uptrend. Hope we will all be rocketing to the moon soon. |
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Vietshare
Member |
16-Jun-2020 16:24
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https://www.cnbc.com/2020/06/16/oil-prices-iea-sees-largest-drop-of-demand-in-history-this-year.html
Read article in the URL above. News such as this will invariably cause stocks like CSE Global to drop quite a fair bit in the near term. However, this article is also good news for those who can hold. Like I said, the next reporting cycle will give us a better picture whether to hold this stock. Therefore, I am holding on to this counter no matter what and only decide what to do when the next reporting cycle comes around.
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Laurenpanna
Veteran |
16-Jun-2020 16:12
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i am new to this stock, after doing some research , deciding to buy. Got my dividend though hehe. today is also like my first time seeing high volume of this stock, but i am new to it la. I believe this stock will soar one day , just need to believe in it in long term. its just as steady as AIMS APAC and netlink Trust. |
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SQueeze
Master |
16-Jun-2020 16:08
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There is like a huge dam building up at 0.425 now which is not giving way, and yet the price doesn' t budge below 0.43 at all. Incredible how they can manipulate the market like this.
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beng1102
Elite |
16-Jun-2020 15:55
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Today' s volume is historical high. Something is cooking... Time to get into..
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SQueeze
Master |
16-Jun-2020 14:58
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I re-entered today also at 44c. i sold last week after the XD the batch that I bought at 37.5c. Kena con in the morning. The price popped to 45 and I queued 2 steps behind at 44 and before I knew it, someone dumped the shares and swept all the way to 43c. Darn, today invisible hands suppressing prices so badly. But still good to keep. 43c is ultra strong support so far. 50c will be the next resistance.
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Octavia
Supreme |
16-Jun-2020 14:46
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Scheme of bigger things to come?? Notice yesterday volume is bigger than usual that continue to today. Today big % of volume come from married deal,from the market floor and or foreign brokerages. | ||||
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submariner
Member |
16-Jun-2020 14:40
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Amazing.....left hand passes to right hand at 0.43. Any idea what happen? | ||||
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