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FALCON ENERGY - UNDERVALUED WINNER TOP STOCK PICK

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Thi654321ABCDEF
    10-Oct-2018 16:54  
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MY FRIEND IS CRYING NOW 41 TO 30

Berani      ( Date: 10-Oct-2018 16:38) Posted:

0.038 to 0.03 is too drastic la

TraderBen      ( Date: 10-Oct-2018 16:06) Posted:

wah lao.. waves pls dun come here la.. alrdy so jia lat.


 
 
Berani
    10-Oct-2018 16:38  
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0.038 to 0.03 is too drastic la

TraderBen      ( Date: 10-Oct-2018 16:06) Posted:

wah lao.. waves pls dun come here la.. alrdy so jia lat..

moron101      ( Date: 10-Oct-2018 15:52) Posted:

Si liao. Support at 0.025


 
 
Starwar88
    10-Oct-2018 16:36  
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This one now cannot touch. Next few days will drop lower. Force selling plus T+5 for the next few days. Will it test all time Low of 23 again?
 

 
TraderBen
    10-Oct-2018 16:06  
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wah lao.. waves pls dun come here la.. alrdy so jia lat..

moron101      ( Date: 10-Oct-2018 15:52) Posted:

Si liao. Support at 0.025?

SgYuan      ( Date: 10-Oct-2018 14:25) Posted:

Bad shape.
Have to look at week chart to see the flow

ew w0 23 w5 48 wa 24 wb 47 wc?
- now wc hit 30 tgt 25

Bollinger band week chart low support @25.1
No 100% Good luck


 
 
moron101
    10-Oct-2018 15:52  
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Si liao. Support at 0.025?

SgYuan      ( Date: 10-Oct-2018 14:25) Posted:

Bad shape.
Have to look at week chart to see the flow

ew w0 23 w5 48 wa 24 wb 47 wc?
- now wc hit 30 tgt 25

Bollinger band week chart low support @25.1
No 100% Good luck.

ruready      ( Date: 10-Oct-2018 12:50) Posted:

Where is Bro sg yuan?, can show EW here Please thank you


 
 
Thi654321ABCDEF
    10-Oct-2018 15:43  
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very very sad . 

ruready      ( Date: 10-Oct-2018 15:09) Posted:

OMG

 

 
ruready
    10-Oct-2018 15:09  
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OMG
 
 
ruready
    10-Oct-2018 14:33  
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Thank sg yuan

SgYuan      ( Date: 10-Oct-2018 14:25) Posted:

Bad shape.
Have to look at week chart to see the flow

ew w0 23 w5 48 wa 24 wb 47 wc?
- now wc hit 30 tgt 25

Bollinger band week chart low support @25.1
No 100% Good luck.

ruready      ( Date: 10-Oct-2018 12:50) Posted:

Where is Bro sg yuan?, can show EW here Please thank you


 
 
SgYuan
    10-Oct-2018 14:25  
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Bad shape.
Have to look at week chart to see the flow

ew w0 23 w5 48 wa 24 wb 47 wc?
- now wc hit 30 tgt 25

Bollinger band week chart low support @25.1
No 100% Good luck.

ruready      ( Date: 10-Oct-2018 12:50) Posted:

Where is Bro sg yuan?, can show EW here Please thank you

 
 
Thi654321ABCDEF
    10-Oct-2018 13:08  
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THATS WHY DONOT LONG. MOST OF THE STOCKS GOT AUDITOR/OTHER PROBLEMS. NOWDAYS NUMBERS CANNOT BELIEVE.
SO SAFETY SIDE , PLAY SHORTING IS BETTER. 

ruready      ( Date: 10-Oct-2018 12:50) Posted:

Where is Bro sg yuan?, can show EW here Please thank you

 

 
ruready
    10-Oct-2018 12:50  
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Where is Bro sg yuan?, can show EW here Please thank you
 
 
Berani
    10-Oct-2018 12:37  
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after today...

ppl will forget what happen.

In fact, the financial position .. everybody know it 1 month ago

makdatok      ( Date: 10-Oct-2018 12:32) Posted:

Its bad day for falcon but term outlook is bright..hiak

 
 
makdatok
    10-Oct-2018 12:32  
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Its bad day for falcon but term outlook is bright..hiak
 
 
nqing87
    10-Oct-2018 12:02  
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dont look at NAV in a troubled industry.. many O& G now in restructuring even though NAV much higher.. swiber, nam cheong, marco polo etc..  the fact is no one is willing to buy the assets when they liquidate and  probably has to sell at 1/10 or less  of the original  stated asset value..  it is clear that falcon has tonnes of debt with little cash.. it will have to go restructuring if it doesnt get lenders to tide it over..

marjohn      ( Date: 10-Oct-2018 11:40) Posted:

Aiya those auditor all also see wind direction. By the time they commented was is over. Those days they also said many companies going concern problem but those companies also bounced up!!! In O & G the key question now its not about the book but survival!!! Falcon almost certain to survive and with NTA of 10cts current level is a STEAL! Somebody wana buy chip la....happy trading folks!!!

 
 
TraderBen
    10-Oct-2018 11:54  
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if it eventually survives.. it will be a multi bagger..

marjohn      ( Date: 10-Oct-2018 11:40) Posted:

Aiya those auditor all also see wind direction. By the time they commented was is over. Those days they also said many companies going concern problem but those companies also bounced up!!! In O & G the key question now its not about the book but survival!!! Falcon almost certain to survive and with NTA of 10cts current level is a STEAL! Somebody wana buy chip la....happy trading folks!!!

 

 
marjohn
    10-Oct-2018 11:40  
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Aiya those auditor all also see wind direction. By the time they commented was is over. Those days they also said many companies going concern problem but those companies also bounced up!!! In O & G the key question now its not about the book but survival!!! Falcon almost certain to survive and with NTA of 10cts current level is a STEAL! Somebody wana buy chip la....happy trading folks!!!
 
 
Berani
    10-Oct-2018 11:37  
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this falcon... just need to ask investor to do the placement....

then price will pick up again

Morello      ( Date: 10-Oct-2018 11:16) Posted:

hope not

Berani      ( Date: 10-Oct-2018 10:59) Posted:

0.023 so low me


 
 
Morello
    10-Oct-2018 11:16  
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hope not

Berani      ( Date: 10-Oct-2018 10:59) Posted:

0.023 so low meh

Morello      ( Date: 10-Oct-2018 10:54) Posted:

Likely to be on the downtrend until management has something to show or financial backup to tackle the ongoing concern raised by auditor.  Any upturn will be met with selldown and may test the low of 0.023.  My unqualified chow-tar opinion.


 
 
Berani
    10-Oct-2018 10:59  
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0.023 so low meh

Morello      ( Date: 10-Oct-2018 10:54) Posted:

Likely to be on the downtrend until management has something to show or financial backup to tackle the ongoing concern raised by auditor.  Any upturn will be met with selldown and may test the low of 0.023.  My unqualified chow-tar opinion.

 
 
TraderBen
    10-Oct-2018 10:59  
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i thought the divesment of CH offshore is gonna shore up the financials? but still have more than 60m revenue during downturn means this comany still have something to show
 
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