Mercurius    Last:0.016   -

MERCURIUS CAPITAL INVESTMENT

new wave on w2

 

wb punch up further to 75
but wc still come and hit 52
new wave start 52

 

In the announcement on 9th April, Mercurius acquires groceries business in Malaysia by issuing new ordinary share at the price of S$0.18 per share. Does it mean there is still have room to increase from current share price of S$0.06?? 

https://links.sgx.com/FileOpen/MCIL%20-%20Proposed%20Acquisition%20final.ashx?App=Announcement& FileID=657749
PROPOSED ACQUISITION OF GROCERIES BUSINESSES IN MALAYSIA

1.2 Pursuant to the Term Sheet, the Parties have agreed that, among others, the Company shall acquire the entire issued and paid-up share capital of a special purpose vehicle to be incorporated in Malaysia by the Vendors (the &ldquo SPV&rdquo ), under which the businesses (including without limitation to the properties, inventories, and the employees) of the following companies would be consolidated and owned: (i) Tan Lee Heng (M) Sdn. Bhd. (ii) Pasaraya Songmart (Kluang) Sdn. Bhd. (iii) Pasaraya Songmart (Kulaijaya) Sdn. Bhd. (iv) Pasaraya Songmart (Kota Tinggi) Sdn. Bhd. (v) Pasaraya Songmart (Pulai Perdana 2) Sdn. Bhd. (vi) Pasaraya Songmart (Sri Stulang) Sdn. Bhd. (vii) Pasaraya Songmart (Bandar Tenggara) Sdn. Bhd. (viii) Pasaraya Songmart (Chellam) Sdn. Bhd. (ix) Songmart Cash & Carry Sdn. Bhd. and (x) Granville Grocery Sdn. Bhd. (collectively, the &ldquo Targets&rdquo and together with the SPV, the &ldquo Target Group&rdquo ) (the &ldquo Proposed Acquisition&rdquo ).

3.1 The aggregate consideration for the Proposed Acquisition is S$36 million (the &ldquo Purchase Consideration&rdquo ). The Purchase Consideration shall be fully paid by the Company to the Vendors and/or its nominees by way of an allotment and issue of 200 million new ordinary shares in the capital of the Company (&ldquo Consideration Shares&rdquo ) at an agreed issue price of S$0.18 per Consideration Share, in the following tranches:

 

careful.. might be tempoarry rebound.. risk still high to go below 60.. trade with care.. buy only if you plan to keep.. if can contra is a bonus.. HUAT!!

Sibehboeng      ( Date: 05-May-2021 13:14) Posted: Touch 59 and bounced back abv 60... really yoyo everyday eric998      ( Date: 05-May-2021 12:10) Posted: going back to below 60? anyone playing?

 

Touch 59 and bounced back abv 60... really yoyo everyday

eric998      ( Date: 05-May-2021 12:10) Posted: going back to below 60? anyone playing?

 

going back to below 60? anyone playing?

 

Chiong until 64. Really yoyo. If conditions still gd in PM, can see 7 soon

ruready      ( Date: 03-May-2021 16:31) Posted: Sell done 57 newbie1118      ( Date: 03-May-2021 16:21) Posted: I already entered at 0.054 and 0.05

 

Sell done 57

newbie1118      ( Date: 03-May-2021 16:21) Posted: I already entered at 0.054 and 0.055 Careful2020      ( Date: 03-May-2021 16:11) Posted: At current level, is it a good entry point to buy or shall we wait further

 

I already entered at 0.054 and 0.055

Careful2020      ( Date: 03-May-2021 16:11) Posted: At current level, is it a good entry point to buy or shall we wait further? newbie1118      ( Date: 03-May-2021 14:55) Posted: I am buying at current level.

 

At current level, is it a good entry point to buy or shall we wait further?

newbie1118      ( Date: 03-May-2021 14:55) Posted: I am buying at current level.

 

I am buying at current level. 

 

Congrates. U cover ur shorts at what price?

eric998      ( Date: 03-May-2021 11:04) Posted: yes.. but am shorting.. to buy one kopi and lunch.. gap at 51-55 which was expected to close...so this morning already shorted .. HUAT! newbie1118      ( Date: 03-May-2021 10:59) Posted: Big correction. Anybody vested here?

 

now got temp support at 30MA 55.. alos at lower bollinger band.. see BBs want to support.. if not can go below 50 to 47.. trade with care.. HUAT!

newbie1118      ( Date: 03-May-2021 10:59) Posted: Big correction. Anybody vested here?

 

yes.. but am shorting.. to buy one kopi and lunch.. gap at 51-55 which was expected to close...so this morning already shorted .. HUAT!

newbie1118      ( Date: 03-May-2021 10:59) Posted: Big correction. Anybody vested here?

 

Big correction. Anybody vested here?

 

What happened to this stock ? Strong buy this morning, now no buying or selling?

 

Morning power up round 1, ready for round 2. Last top was high 70s... lots of room to 🚀  

 

does it mean this stock is game over for now already? according to sgyuan' s chart, day conversion is at 57 and trending downwards..

 

Thanks bro. . . Agree w you. . . Also cannot be every trade made $. . . Loss 30% of this month accumulated profit. So all in still ok. . . Fight again on the next opportunity. . .

Contratrader      ( Date: 13-Apr-2021 19:42) Posted: Bro , u make some , u lose some..it is just trading game..I also never sold at the high..sold my last bit at 65 after seeing the selling down....most importantly is to keep our spirits up  and fight for the next day....always be positive and  market has many opportunities for us to capture and whether we can capitalise on them...Good luck and Huat ah ! superstartup      ( Date: 13-Apr-2021 17:20) Posted: I cut loss over here. From gain to loss. Nvm

 

Bro , u make some , u lose some..it is just trading game..I also never sold at the high..sold my last bit at 65
after seeing the selling down....most importantly is to keep our spirits up  and fight for the next day....always be positive and 
market has many opportunities for us to capture and whether we can capitalise on them...Good luck and Huat ah !

superstartup      ( Date: 13-Apr-2021 17:20) Posted: I cut loss over here. From gain to loss. Nvm. Sibehboeng      ( Date: 13-Apr-2021 17:16) Posted: Seems like strategy was to push down just before buying in to reduce damage. In the end up few pips.   Will we see 7 series tomorrow