^^^^^
moving up...
Dont waste time on this one.
I believe there are better counters.. fundamentally better than this. How much worth of contract does it have to justify a myanmar play? Like that any Tom, Dick or Harry can join in the mynamar wagon.. every counters with $1 myanmar contract worth can chiong already.
When the substantial shareholders start to sell, let's see who will dare to catch.. Those who knows construction, knows it's not that profitable at all (~5-10% margin only) with the increase in overhead cost etc..so what if you secured public projects? Contractors such as Tiong Seng, Koh Brothers, Lum Chang are all bigger players than this..if Soilbuild can hit 40cts, then these counters can probably hit 70cts when they enters myanmar one day..
Just my 2-cents worth
Dont waste time on this one.
I believe there are better counters.. fundamentally better than this. How much worth of contract does it have to justify a myanmar play? Like that any Tom, Dick or Harry can join in the mynamar wagon.. every counters with $1 myanmar contract worth can chiong already.
When the substantial shareholders start to sell, let's see who will dare to catch.. Those who knows construction, knows it's not that profitable at all (~5-10% margin only) with the increase in overhead cost etc..so what if you secured public projects? Contractors such as Tiong Seng, Koh Brothers, Lum Chang are all bigger players than this..if Soilbuild can hit 40cts, then these counters can probably hit 70cts when they enters myanmar one day..
Just my 2-cents worth
After Yongnam, will it be Soilbuild ?
New IPO got no track record, anyhow up down one. That's why I play hit and run  first  :)
seanpent ( Date: 05-Jun-2013 14:54) Posted:
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I might be wrong, I believe it will be still at 0.3 to 0.315 range.
Myanmar is coming
support = 31.5 ?
 
warrenbegger ( Date: 04-Jun-2013 13:51) Posted:
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Shiiit!
My  many lots (Avg 305/310) all been eaten up at 325...
Now how? No more to play    :(
I dont see much upside.
think yesterday's performance isn't that bad
For TA = Myanmar Story    (Another Speculative Myanmar related counter)
For Fundamental = Since 2013, the Group has secured contracts in Myanmar to provide professional consultancy and project management services and project management consultancy services and intend to further strengthen their presence in Myanmar.
Did soilbuild relist part of it due to Myanmar open up?    If yes, then their intention is clear...
technical reversal .....
seems like a reversal upwards already ..... any TA experts to confirm ?
As I see don't think so will reach 40c at the moment.
Looking at Soilbuild over 40c.  All the best.
The making of next wave...
Is T+5. Soilbuild Const Last done $0.310 cts. Vol:3,024,000 mil shr changed hands, -0.0050c.
Thk to all players...wish all huat huat...arhh.
Thk to all players...wish all huat huat...arhh.
teeth53 ( Date: 27-May-2013 08:43) Posted:
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Sold all at 0.365..
Today  reload some at 0.310...
Up or down next? I also don't know, just play for fun  :)