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entered at 105 but only 100000shares.. didnt expect to rebound so high.. thought only aim for the most $2k profit.. now more than triple expectation.. pleasant surprise.. HUAT to everyone!!
MBULLISH ( Date: 18-Aug-2020 10:10) Posted:
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I am usually wrong... thanks to the bullish sentiment.
Congrat those who are brave to buy when there is blood.
Congrat those who are brave to buy when there is blood.
cherintc ( Date: 18-Aug-2020 08:56) Posted:
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Forget about this manipulated stock
Go and buy medical stocks
Go and buy medical stocks
OMG, cant hold 0.11? next level 0.09?
back to 0.07?
HK scam style
More than 67% drop. dangerous game to play here.
Still got people dare to buy at 10
But now is 12
So make money now
But now is 12
So make money now
those who already bought at high may feel panic and sell, open an opportunity for those waiting to buy at 0.06
will susp Bo....
.....?
look scary.......
.....?look scary.......
SGX RegCo slaps ' trade with caution' warning on Kitchen Culture
SGX RegCo has issued a &ldquo trade with caution&rdquo warning on loss-making Kitchen Culture Holdings, following unusual share price movements over the past few months, including a crash of nearly a third earlier today.
Just last Thursday (Aug 14), the company announced plans to buy a 30% stake in big data firm OOWAY Technology for $23.92 million by issuing 90 million new shares at 26.58 cents each.
Jim Rogers, better known as a commodities bull, is a co-founder of OOWAY Group, which is selling the stake in OOWAY Technology to Kitchen Culture. &ldquo With the complementary strengths of OOWAY and Kitchen Culture, I believe that our collaborations will yield exciting results in the future,&rdquo he said.
From a recent peak of 33 cents on Aug 11, Kitchen Culture shares have since lost more than half its value to close at 14.7 cents on Aug 17. The shares have gained more than 300% since April, when it was trading at around 6.5 cents.
The company has been in the sights of the regulator for quite a few months. On June 4, SGX RegCo issued a trading query on Kitchen Culture following unusual price movements.
Besides the unusual share price movements, the red flag from SGX RegCo follows a review of trades in Kitchen Culture shares by a group of trading accounts that &ldquo appeared to be influencing&rdquo share prices of the kitchen furnishings company.
&ldquo The individuals behind these accounts are likely connected to the traders highlighted in RegCo&rsquo s previous Trade with Caution alert issued on Sept 24 2019,&rdquo says SGX RegCo on Aug 17.
On Sept 24 2019, a Trade with Caution warning was issued on another listed company Mirach Energy, which saw its share price increase from 13 cents on Feb 8 2019 to 29 cents on Sept 3 2019.
&ldquo SGX' s review of the trades in Mirach between Feb 8 2019 and Sept 3 2019 showed that a small group of individuals was responsible for over 69% of the buy volume of Mirach shares. These individuals appear to be connected to each other,&rdquo said SGX RegCo then.
For the most recent six months to Dec 2019, Kitchen Culture reported a loss of $1.56 million. The company said earlier this year that it is trying to diversify its business.
In its statement on Aug 17, SGX RegCo noted two recent corporate actions undertaken by Kitchen Culture that were deemed &ldquo crucial&rdquo to the transactions at hand.
On April 29 2020, it announced a convertible loan agreement with maximum conversion into 46,694,626 new ordinary shares.
The conversion price of 14.9 cents per conversion share was at a premium compared to the volume weighted average price of 14.15 cents on April 24 2020 used as a reference in the announcement.
On July 22 2020, KCH announced a proposed placement of 40,572,000 new ordinary shares at issue price of 23.5 cents, a discount compared to the volume weighted average price of 26 cents on July 17 2020 used in the July 22 2020 announcement.
On both occasions, there were substantial price movements prior to these announcements.
SGX Regco said it is reviewing the trades in Kitchen Culture shares and will take the necessary actions including referring the case to statutory authorities where warranted.
Not looking good now.. gap down is a certainty...
but how it performs later.. usually I am wrong.
but how it performs later.. usually I am wrong.
Just been sarcastic.
Think today no trading volume for the whole of SGX.
Likely all the proprietary traders will lie low today?
Think today no trading volume for the whole of SGX.
Likely all the proprietary traders will lie low today?
MBULLISH ( Date: 18-Aug-2020 08:39) Posted:
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See people queuing 1 mil at 1 cent
Wow
I think can try queue 10 mil at 1 cent see if the boss or placees got use any margin to buy
Maybe got chance
Wow
I think can try queue 10 mil at 1 cent see if the boss or placees got use any margin to buy
Maybe got chance
Not afraid ?
In few days time , Mas cad will be knocking on the doors of them including the boss like tycoon Kris of KS energy
Look at the matching
All want get out
In few days time , Mas cad will be knocking on the doors of them including the boss like tycoon Kris of KS energy
Look at the matching
All want get out
superstartup ( Date: 18-Aug-2020 08:10) Posted:
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" .... The individuals behind these accounts are likely connected to the traders highlighted in RegCo' s previous Trade with Caution alert issued on 24 Sep 19 .... "
They not afraid leh . . .
Lai lai. Not afraid, go for third time.
They not afraid leh . . .
Lai lai. Not afraid, go for third time.
meanwhile better stay away from low float high px swing stock, SGX eyeball big big next few days for sure. Must wayang they doing a good job. likely to see many query once penny stock move too much.
The Low float could be a factor that this stock is targeted. Anybody with $10 mil can easily manipulate this counter. If he wants it up, it will be up. If he wants it down, it will be down. I guess it caught the regular BB on the wrong footing. SGX being alerted, investigations underway. Meanwhile........those who bought, got burnt in the kitchen. (Including myself)
MBULLISH ( Date: 18-Aug-2020 06:48) Posted:
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Play wrong strategy
play too fierce
up too much
up too frequent
no experience the BB
sgx always peg sti up or down while the stock manipulated is still up
one must wayang abit
if sti down just down together
from 6 to 32 in 4 months
with many news and halts
abit too much to digest
like UG up 30 to 300 plus also must learn to be guai guai abit because
not only profits and sentiments, the Low float alrd suggests it could be
cornered
so must behave
we don' t want bad news
u throw to me I throw to you merry go round is never do way of pushing
play too fierce
up too much
up too frequent
no experience the BB
sgx always peg sti up or down while the stock manipulated is still up
one must wayang abit
if sti down just down together
from 6 to 32 in 4 months
with many news and halts
abit too much to digest
like UG up 30 to 300 plus also must learn to be guai guai abit because
not only profits and sentiments, the Low float alrd suggests it could be
cornered
so must behave
we don' t want bad news
u throw to me I throw to you merry go round is never do way of pushing
Because of kitchen BBs do wrong things ,
other pennies surging got to suffer
its natural
mata come
all guai guai
mata only aim kitchen as announced, so the rest
guai guai don' t anyhow
that' s why yesterday you see no support no buyers on
stocks like Aspen Acromec cement Int UG Etc just to list
a few. Act guai guai
inside suffering painful paper losses the BBS but they have no
choice but to lie low
kitchen is game over
others will recover slowly
other pennies surging got to suffer
its natural
mata come
all guai guai
mata only aim kitchen as announced, so the rest
guai guai don' t anyhow
that' s why yesterday you see no support no buyers on
stocks like Aspen Acromec cement Int UG Etc just to list
a few. Act guai guai
inside suffering painful paper losses the BBS but they have no
choice but to lie low
kitchen is game over
others will recover slowly
fighting ( Date: 17-Aug-2020 22:07) Posted:
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