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MERCURIUS CAPITAL INVESTMENT
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SgYuan
Supreme |
05-May-2021 14:53
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new wave on w2
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SgYuan
Supreme |
05-May-2021 14:36
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wb punch up further to 75 but wc still come and hit 52 new wave start 52 
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jervis43
Member |
05-May-2021 14:21
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In the announcement on 9th April, Mercurius acquires groceries business in Malaysia by issuing new ordinary share at the price of S$0.18 per share. Does it mean there is still have room to increase from current share price of S$0.06?? https://links.sgx.com/FileOpen/MCIL%20-%20Proposed%20Acquisition%20final.ashx?App=Announcement& FileID=657749 PROPOSED ACQUISITION OF GROCERIES BUSINESSES IN MALAYSIA 1.2 Pursuant to the Term Sheet, the Parties have agreed that, among others, the Company shall acquire the entire issued and paid-up share capital of a special purpose vehicle to be incorporated in Malaysia by the Vendors (the &ldquo SPV&rdquo ), under which the businesses (including without limitation to the properties, inventories, and the employees) of the following companies would be consolidated and owned: (i) Tan Lee Heng (M) Sdn. Bhd. (ii) Pasaraya Songmart (Kluang) Sdn. Bhd. (iii) Pasaraya Songmart (Kulaijaya) Sdn. Bhd. (iv) Pasaraya Songmart (Kota Tinggi) Sdn. Bhd. (v) Pasaraya Songmart (Pulai Perdana 2) Sdn. Bhd. (vi) Pasaraya Songmart (Sri Stulang) Sdn. Bhd. (vii) Pasaraya Songmart (Bandar Tenggara) Sdn. Bhd. (viii) Pasaraya Songmart (Chellam) Sdn. Bhd. (ix) Songmart Cash & Carry Sdn. Bhd. and (x) Granville Grocery Sdn. Bhd. (collectively, the &ldquo Targets&rdquo and together with the SPV, the &ldquo Target Group&rdquo ) (the &ldquo Proposed Acquisition&rdquo ). 3.1 The aggregate consideration for the Proposed Acquisition is S$36 million (the &ldquo Purchase Consideration&rdquo ). The Purchase Consideration shall be fully paid by the Company to the Vendors and/or its nominees by way of an allotment and issue of 200 million new ordinary shares in the capital of the Company (&ldquo Consideration Shares&rdquo ) at an agreed issue price of S$0.18 per Consideration Share, in the following tranches: (a) the first tranche shall be paid to the Vendors upon completion of the Proposed Acquisition and
(b) subsequent tranches shall be paid to the Vendors based on the achievement of certain profit targets and milestones. |
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eric998
Supreme |
05-May-2021 13:19
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careful.. might be tempoarry rebound.. risk still high to go below 60.. trade with care.. buy only if you plan to keep.. if can contra is a bonus.. HUAT!!
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Sibehboeng
Master |
05-May-2021 13:14
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Touch 59 and bounced back abv 60... really yoyo everyday
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eric998
Supreme |
05-May-2021 12:10
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going back to below 60? anyone playing? | ||||
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Sibehboeng
Master |
04-May-2021 11:59
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Chiong until 64. Really yoyo. If conditions still gd in PM, can see 7 soon
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ruready
Supreme |
03-May-2021 16:31
Yells: "Follow the micro penny , May be this is the last train" |
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Sell done 57
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newbie1118
Master |
03-May-2021 16:21
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I already entered at 0.054 and 0.055
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Careful2020
Senior |
03-May-2021 16:11
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At current level, is it a good entry point to buy or shall we wait further?
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newbie1118
Master |
03-May-2021 14:55
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I am buying at current level. | ||||
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newbie1118
Master |
03-May-2021 11:32
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Congrates. U cover ur shorts at what price?
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eric998
Supreme |
03-May-2021 11:26
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now got temp support at 30MA 55.. alos at lower bollinger band.. see BBs want to support.. if not can go below 50 to 47.. trade with care.. HUAT!
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eric998
Supreme |
03-May-2021 11:04
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yes.. but am shorting.. to buy one kopi and lunch.. gap at 51-55 which was expected to close...so this morning already shorted .. HUAT!
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newbie1118
Master |
03-May-2021 10:59
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Big correction. Anybody vested here? | ||||
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7878huat
Member |
26-Apr-2021 13:59
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What happened to this stock ? Strong buy this morning, now no buying or selling? | ||||
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Sibehboeng
Master |
23-Apr-2021 13:08
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Morning power up round 1, ready for round 2. Last top was high 70s... lots of room to 🚀 | ||||
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bobby90
Senior |
14-Apr-2021 09:24
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does it mean this stock is game over for now already? according to sgyuan' s chart, day conversion is at 57 and trending downwards.. | ||||
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superstartup
Supreme |
13-Apr-2021 21:42
Yells: "Enjoy doing Fundamental Research" |
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Thanks bro. . . Agree w you. . . Also cannot be every trade made $. . . Loss 30% of this month accumulated profit. So all in still ok. . . Fight again on the next opportunity. . .
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Contratrader
Elite |
13-Apr-2021 19:42
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Bro , u make some , u lose some..it is just trading game..I also never sold at the high..sold my last bit at 65 after seeing the selling down....most importantly is to keep our spirits up and fight for the next day....always be positive and market has many opportunities for us to capture and whether we can capitalise on them...Good luck and Huat ah !
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