Del Monte Pac    Last:0.086   -

Del Monte Results Announcement

Instead of last done trade at 0.181 or higher, there r desperate short sellers at 0.18 to make quick profit at 0.178 which were bought earlier.  This clearly show that DPML with a global presence is a stock that is at risk of falling share price unless the management steps in to buy back the shares by proposing share mandate in their next AGM.

 

After a lot of buying at 0.178, now all queuing to sell at 0.189, 0.190 to make quick profit of 1000 dollars or more once new potential buyers buy them. Or sell at 0.178 and further push down the price to make quick profit using CFD since price up n down can be manipulated with low volume. 

 

Actually $0.177 by the end of 13July2023 Thur.

Let' s see if it could reach $0.16

Jamie8888      ( Date: 13-Jul-2023 15:02) Posted: DMPL price has fallen to 0.18 and lowest at 0.178 by the manipulation of few traders using CFD. More profits to come in the coming week when price falls to 0.17. Huat Ah! Jamie8888      ( Date: 13-Jul-2023 10:15) Posted: STI is up strongly. Will DMPL price fall  to 0.18?

 

DMPL price has fallen to 0.18 and lowest at 0.178 by the manipulation of few traders using CFD. More profits to come in the coming week when price falls to 0.17. Huat Ah!

Jamie8888      ( Date: 13-Jul-2023 10:15) Posted: STI is up strongly. Will DMPL price fall  to 0.18?

 

STI is up strongly. Will DMPL price fall  to 0.18?

 

Using CFD for 50000 shares bought at 0.2 and waiting for it to fall to 0.11or 0.1by 6 mths time to earn a profit of abt 5000 dollars. This is so as the shares fall 1 cents every mth. 

 

DMPL share price is still expensive at 18cents.  High debt gearing and poor earnings growth. Must reduce debt gearing before any uptake in share price. Otherwise share price to fall to 13.8 cents if debt gearing remains elevated. Use CFD to profit. 

 

The shares can be easily manipulated to fall by few traders. Moreover the company does not have a share mandate to purchase..the time to scoop up when the shares have fallen another 4 or 5 cents before the next earnings report on 7 Sept

Ftyeng      ( Date: 12-Jul-2023 09:14) Posted: Good for you.... I am still holding on to my shares (not buying more or selling).   The losses are not real losses ( only paper losses ). Just not making the profits (dividends) that I expected to make.   Luckilly I diversified my porfoloio and did not stake too much here so I would not lose sleep over it.   Jamie8888      ( Date: 12-Jul-2023 08:38) Posted: Great..the price came down 0.005 yesterday which is equivalent of making unrealised profit of 100 dollars using CFDs.

 

Good for you....

I am still holding on to my shares (not buying more or selling).   The losses are not real losses ( only paper losses ).
Just not making the profits (dividends) that I expected to make.   Luckilly I diversified my porfoloio and did not stake too much here so I would not lose sleep over it.
 

Jamie8888      ( Date: 12-Jul-2023 08:38) Posted: Great..the price came down 0.005 yesterday which is equivalent of making unrealised profit of 100 dollars using CFDs.

 

Great..the price came down 0.005 yesterday which is equivalent of making unrealised profit of 100 dollars using CFDs. 

 

The shares were sold off previously because the management never informed shareholders they took up preferential loan interest rate of 10%. This show how poor the credit rating of the company and still expand by buying kitchen Inc. They should focus on downsizing and maintain market size. The coming quarter its price will rise but  overall quarters will fall as it continues to redeem other preferential loan.

 

Aaaa....past three days no short-sellers:  https://sginvestors.io/sgx/stock/d03-del-monte-pac/share-price-history  .   no one else (other than the already shot-sold ones) betting that it would drop further.

I do not have a lot vested here so I am staying put....if it really drops, I would scoop some more.

But this is a very risky stock (at the pt of time when US Fed Reserve' s interest rates are high) as anytime can get caught by the company issuing more shares.   The good thing is the company price chart does not show a " nuclear decay" pattern.

 

Run

Jamie8888      ( Date: 07-Jul-2023 08:57) Posted: STI is turning negative and recession coming.  No hope on the price rise of DMPL, use CFD

 

STI is turning negative and recession coming.  No hope on the price rise of DMPL, use CFD

 

First time there is buyer of shares at high price at 0.192. If only DMPL has share buyback mandate to reward its staffs, otherwise who will invest if shares every year drops from its IPO price. 

 

I sold the shares this morning to buy back 2 weeks later. The price of the shares had fallen almost 50% from last year. Advise to use CFD strategy as everyday the price will fall between the range of 0.001 to 0.005. 

Ftyeng      ( Date: 04-Jul-2023 10:02) Posted: depends on ow you personally feel about it.   I  know there are lots of short-sellers in te market (  https://sginvestors.io/sgx/stock/d03-del-monte-pac/share-price-history  ) that are making the share price fall more than it should. I dont have too much to lose or gain by not selling now and buying later after considering everything   so staying put. Thanks for info. Jamie8888      ( Date: 04-Jul-2023 04:14) Posted: Based on Trading View , strong sell recommended to existing shareholders.

 

depends on ow you personally feel about it.  
I  know there are lots of short-sellers in te market (  https://sginvestors.io/sgx/stock/d03-del-monte-pac/share-price-history  )
that are making the share price fall more than it should.

I dont have too much to lose or gain by not selling now and buying later
after considering everything   so staying put.

Thanks for info.

Jamie8888      ( Date: 04-Jul-2023 04:14) Posted: Based on Trading View , strong sell recommended to existing shareholders.

 

Based on Trading View , strong sell recommended to existing shareholders.

 

Today, the price falls by 2.6%. This week the price will fall to 0.184 when ex dividend. Sell first and buy later is the strategy.

 

Dropped further to $0.192 today.    

The non-contra players would have to wait till next quarter for the next financial results.

As long as US Fed Reserve does not adjust nterest rates downwards, things would not be too good for DMPL.

Jamie8888      ( Date: 03-Jul-2023 09:17) Posted: Noting that DMPL borrowed high interest rate of abt 10% in its expansion,,,  future dividend yield is reduced unless its share price falls further to attract potential shareholders.