Post Reply
21-40 of 49
what benefits? go ahead to share
lsk007 ( Date: 27-Feb-2017 23:15) Posted:
|
The Hourglass is a very stable company and consistently pays good dividends.
Luxurious Watches are successful symbols of the RICH and VERY RICH and Sales can be achieved regardless in good or bad time. I see no reason for The Hourglass to be delisted as it is very well managed and currently it is trading near asset value so see no advantage for delisting.
I was vested in The Hourglass before and it gives out consistent returns every year except investing in this counter have to be long term as trading is very difficult with not much buying and selling interest.
lsk007 ( Date: 27-Feb-2017 23:15) Posted:
|
Don't quite understand your reasoning for not delisting.
There are many benefits of delisting which are not related to restructuring.
yeah agreed.
that why i think no benefits of delisting it since they selling luxury watches which doesn' t sold in volume... what restructuring or cost saving can they do since only rich people go to their shops
BrotherHuat ( Date: 21-Feb-2017 14:02) Posted:
|
This is not an easy counter to play - once commited you will have to hold for long term. Very difficult to sell as there is not much buy and sell vol. and the price gap is large!!!
ecekca ( Date: 21-Feb-2017 13:39) Posted:
|
not a good time to delist too.. how much restructuring can they do to increase revenue or save cost etc
lsk007 ( Date: 09-Feb-2017 18:54) Posted:
|
Still making decent money.
It has become more and more like a candidate for delisting and takeover.
It has become more and more like a candidate for delisting and takeover.
Thx, brother. Not to worry though. I' ll do my DD n enter at my confort. Sadly, the sp mkt seems to have more riggers than long term investors. In any case, wtih the economy in a bit of a down streak, retail, especially in luxury goods, follows into the downspin. So, profit cld be bad, or may even see some losses for the next few qtrs.
lsk007 ( Date: 04-Sep-2016 21:35) Posted:
|
Don't count on Fidelity. They are just finding a place to park their fund and are passive investor. If they have to adjust their portfolio after reviews, they might turn to be active players in gapping down the shares as there might not be big shareholder to absorb their tons of shares and not enough retail buyers in the open market. We have seen funds losing money before, so this is a potential risk that you need to consider before buying this company.
lsk007 ( Date: 04-Sep-2016 21:26) Posted:
|
Do avoid this. Due to its liquidity issue, it might get into a vicious gap down pattern. Imagine today opens at 70 closes at 68, the next day opens 66 closes 64, then opens 61 closes 58.... you get the idea, you stuck in a La la land holding the parcel just before the music stops, and that gets you into great frustration and disbelief and you finally cuts at 47.
Avoid
Avoid
Qanghoo ( Date: 04-Sep-2016 19:57) Posted:
|
If gap down to 30c n not due to fundamental flaws, then of course attractive to pick up. Take a lesson from CAO. Coy fundamentally sound n had for some yrs working on a vision of growth over next decade. But when mkt was madly sold down, it went to 58c. Recently climbed to nearly 1.60.
lsk007 ( Date: 04-Sep-2016 19:51) Posted:
|
This one has gone through share split exercise for 2 times so as to increase liquidity as well as to enlarge the base of investors. However things are still the same : it is still not actively traded and that its investors base is still at about 1800, similar to pre-split period.
Lately we saw Fidelity buying from big shareholder and it has about 10% of holdings. The lack of liquidity translates into big gap down too as some investors sold down to 70c level.
Fidelity's purchase might be encouraging but as it is buying via married deals at fixed price and not via buying in the open market, it does not translate to benefits to investors who are keen to exit at a reasonable price. The big gap down is still happening. But on the other hand you also wonder why no shareholders are selling in the past. The worrying sign is that they might be motivated to sell now as the prospects of the company is dim. This will trigger more gap down selling, maybe support by Fidelity's support via married deals at prices lower than market price. These shareholders are mostly those who had bought the shares pre-split, so they are definitely selling at a profit and this would not mind the gap down to exit this inactive and difficult elephant.
Avoid this as much as possible. Might gap down till 30c level
Lately we saw Fidelity buying from big shareholder and it has about 10% of holdings. The lack of liquidity translates into big gap down too as some investors sold down to 70c level.
Fidelity's purchase might be encouraging but as it is buying via married deals at fixed price and not via buying in the open market, it does not translate to benefits to investors who are keen to exit at a reasonable price. The big gap down is still happening. But on the other hand you also wonder why no shareholders are selling in the past. The worrying sign is that they might be motivated to sell now as the prospects of the company is dim. This will trigger more gap down selling, maybe support by Fidelity's support via married deals at prices lower than market price. These shareholders are mostly those who had bought the shares pre-split, so they are definitely selling at a profit and this would not mind the gap down to exit this inactive and difficult elephant.
Avoid this as much as possible. Might gap down till 30c level
everyday up 5 cents + privitizaion rumour
Hour glass now tie up with credit card,, now can buy n pay with instalment free plan. Shows how bad situation
Investing in watches is like stocks - more miss than hits :(
bushfire ( Date: 06-Jan-2016 21:08) Posted:
|
Director dumped 1,500 lots today @ 78c
pepperfox ( Date: 06-Jan-2016 13:27) Posted:
|
Joking?! Search thru used watch forums to see how they do! What you say applies to may be 0.001% of watches. Rest depreciate faster than mobile phones.
ffyyss ( Date: 02-Feb-2015 23:35) Posted:
|
Shorted 78c. target 69, 60
So many 10K shares transacted at 0.780...
zzz
Hope its not another OSIM. OSIM went up all the way and after one result, it plunges.
copper29 ( Date: 02-Feb-2015 22:06) Posted:
|