Latest Forum Topics /
Addvalue Tech
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FECB had inject few million to purchase Addvalue
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jm2212
Master |
08-Jun-2016 19:12
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Your observation is absolutely correct.
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HazardKoh
Master |
08-Jun-2016 18:06
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Very easy. Let me tell u how it works based on my observation. It all started in 2014 when share price was trading around 6-7 cents for a long period of time. I assume there are some syndicate or BBs collecting at this price range. Then in March 2014, came the annoucement of the buying of the assets by the China company which value the assets at 25cents/share. Share price shoot up to 18 cents with MANY RETAIL INVESTORS buying and hoping it would go up to 25 cents. Those retail investors i believe are still holding and some of them will come to this forum shouting " good to hear" things and said " chiong chiong chiong" I think by this time, the syndicate or BBs have started offloading and the share price slowly tank... until it dropped back to 5-6 cents. So BBs earn (buy 6 cents, sell 15-18 cents) while retail investors lose (buy 15-18 cents, share price tanked to 5-7 cents) The share price stayed at 5-7 cents for a long period of time. Then came the " one belt one road" annoucement, again related to China. Share price then chiong to 8- 9 cents with MANY RETAIL INVESTORS believing the story. Strangely enough, selling started immediately whent the share price chiong to 8.x cents. I suspect this time again, the syndiate selling again while retail investors buying. AGAIN, BBs earn (buy 5-6 cents, sell 8-9 cents) while retail investors lose (buy 8-9 cents, share price tanked to 3-5 cents) Then company announced right issue at 3.1 cents, share price drop to 3.1 cents and stay there for a few months. Strangely enough, just when it seems bleak, the annoucement that the China company may be interested to buy at a reduce price came recently. Again, share price chiong to 6 cents with many retail investors chasing the shares thinking this time is real. But share price start dropping once it touched 6 cents back to 3.9 cents today. Again, syndicate earn (buy 3-4 cents, sell 5-6 cents) while retail investors lose (buy 5-6 cents, share price tanked to 3.9 cents). Along the way u have some supporters coming to this thread and shout huat har, chiong har etc.. Some retail investors reading this thread will be excited on hearing such euphoric and good to hear news and buy while BBs dump. These supporters if u notice only come in and shout huat har, chiong har when then share price just started to chiong, making retail investors very excited. Just my observation.  
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johnnywalker
Senior |
08-Jun-2016 17:08
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Have you cut loss or you intend to pick up and hold?
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lifeisgood
Supreme |
08-Jun-2016 16:54
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How many times one can cry wolf and still remain believable? |
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johnnywalker
Senior |
08-Jun-2016 16:51
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Doesn' t look very promising until company really secures the deal and announce special dividend! |
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callndrew
Senior |
08-Jun-2016 16:13
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Am very concern if there will be a slight rebound after yesterday and today trading. Anyone has any analysis on this counter? |
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lifeisgood
Supreme |
08-Jun-2016 16:03
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Very puzzling indeed. Just like JES claimed that it found some minerals offshore in China, and when I checked the amount claimed, it was more than half the world' s known reserves. Some people just have a crazy way of exxagerating.
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guragon
Member |
08-Jun-2016 16:01
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I totally agreed it absurd to pay 300M cash for this technology. But what puzzled me is why the Board and CEO make this Announcement. What benefits they  get from colluding with BB for taking this risk  with criminal implications. Based on the price movement ytd and today, don' t make sense at all. From the historical price 6 months to now, don' t believe BB can make any money. Addvalue is an old cow,  are they any  milk left from this old cow? Very puzzled!  
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callndrew
Senior |
08-Jun-2016 15:55
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Hi all, I am new here. Any tips or more information for today/tomorrow? Thanks |
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Winlost
Veteran |
08-Jun-2016 15:31
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Hope it can go above 5 cents again...
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Polarbear55
Senior |
08-Jun-2016 15:28
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any chance to close green green today? 😂 | ||||
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ysh2006
Supreme |
08-Jun-2016 13:13
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SGX did one time scold Yuuzoo for doing one time this type of ann.
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domanic
Elite |
08-Jun-2016 12:57
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Sgx don't need to vet rubbish out ?
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lifeisgood
Supreme |
08-Jun-2016 12:55
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The China men came in and swiftly emptied many pockets?
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whylikethat
Veteran |
08-Jun-2016 12:47
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Daylight robbery???
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domanic
Elite |
08-Jun-2016 12:45
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Robbed
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whylikethat
Veteran |
08-Jun-2016 12:28
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Really game over???
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lifeisgood
Supreme |
08-Jun-2016 12:04
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Chinese companies like to ask other technology companies to come in and give them presentations, demos, for months and moths, while they take copius notes. Then after that, no sound, no sight until they need to copy again.  |
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Wolfman
Senior |
08-Jun-2016 12:00
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A Rebound shld be due soon. Not vested | ||||
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domanic
Elite |
08-Jun-2016 11:59
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Probably just close eyes and cut now
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