My take is be the rise averse.
If investigation result is not too harmful to price, Monday will rocket up. The most you buy 10-20% higher. But as Singa999 said, this counter is way undervalued. So it shouldn't really matter.
If investigation result is real bad, this counter might get delisted, loss = 100%
Buy on Friday or now, upside = 20% while downside = 100%.
Just my take, you decide for yourself.
XwiCkedX ( Date: 07-Nov-2013 12:39) Posted:
|
Damn...hard to decide which one to be :)
Rosesyrup ( Date: 07-Nov-2013 12:19) Posted:
|
NVM...my bad, I see your question now, my bad.
The forum I mentioned, refers to the upcoming SIAS forum where they should be announcing their investigation finding into the trio.
danytan ( Date: 07-Nov-2013 12:35) Posted:
|
Ok
Rosesyrup ( Date: 07-Nov-2013 12:33) Posted:
|
Liongold? Not apparent enough?
danytan ( Date: 07-Nov-2013 12:28) Posted:
|
Which forum is this?
Rosesyrup ( Date: 07-Nov-2013 12:19) Posted:
|
Risk taker jeep on Friday before forum, cos they might announce something during forum and investors tend to rout before that.
Risk averse jeep on Monday, cos after announce dust settled down.
danytan ( Date: 07-Nov-2013 12:07) Posted:
|
Looks like opportunity
XwiCkedX ( Date: 07-Nov-2013 12:02) Posted:
|
Time to jeep?
Nice one, agreed.
 
starlene ( Date: 06-Nov-2013 22:52) Posted:
|
Lol, is there really a need for such snide comments? How about growing up and accepting a congrat in a gentleman way?
Lion roar or not still must see tomorrow price movement.
As for nervous, not really. For the past few days, I have made some good profit with  the capital I  withdrew from Liongold. Nevertheless, I will  look for chance to re-enter at an attractive price.
Remember why you are here and  be sensible in your comment. Pointless to make some snide comments and end up engaging in some brickering.
 
singa9999 ( Date: 06-Nov-2013 22:38) Posted:
|
did not buy CNMC RoseSyrup....was nervous seeing Lion's fate...so " congrats" to us when the Lion roars !  The EV value of Lion has gone up a bit from 17, since these nos are based on Oct 10th Lion px.....however, way way low compared to any Gold company in the world or the region !!!!  Good Luck.
Rosesyrup ( Date: 06-Nov-2013 22:32) Posted:
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Congrat
singa9999 ( Date: 06-Nov-2013 22:18) Posted:
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Hot of the press today....goldminer CNMC reports stellar results...profit after tax increased by 94.7% and revenues for fine gold increased by a whopping 631.6% to USD6.31mio, despite lower gold prices ! .LION time to ROAR LOUD too....you are a much bigger company and a much larger market cap & cheap-cheap value  !!!
http://infopub.sgx.com/FileOpen/3Q2013Results.ashx?App=Announcement& FileID=262860
...and comparison of our Lion vs its peers on enterprise value (EV) per ounce of gold ( as stated earlier by Liongold on SGX )....shows it is definitely trading at a deep-deep discount !!  I suspect if it continues long at these levels, there might be several take-over offerings coming soon !!
http://infopub.sgx.com/FileOpen/3Q2013Results.ashx?App=Announcement& FileID=262860
...and comparison of our Lion vs its peers on enterprise value (EV) per ounce of gold ( as stated earlier by Liongold on SGX )....shows it is definitely trading at a deep-deep discount !!  I suspect if it continues long at these levels, there might be several take-over offerings coming soon !!
| Peer comparison: Global Gold Companies listed in Asia Company Name |
Country of listing |
Market Cap (US$/M) |
Enterprise Value (US$/M) |
Resource (Gold Moz) |
EV/ Resource |
Operations |
||||
| CNMC Goldmine |
SGX |
75 |
74 |
0.50 |
148 |
Malaysia, Sokor, in production |
||||
| G-Resources |
HKSE |
765 |
780 |
8.10 |
96 |
Indonesia, Martabe, in production |
||||
| Zhaojin Mining |
HKSE |
2,492 |
3,795 |
22.20 |
171 |
Projects in China, in production |
||||
| China Gold |
HKSE |
1,080 |
1,308 |
8.10 |
161 |
Projects in Tibet, Inner Mongolia, in production |
||||
| Zijin Mining |
HKSE |
8,027 |
11,789 |
44.80 |
263 |
Projects in China, in production |
||||
| LingBao Gold |
HKSE |
170 |
794 |
3.00 |
265 |
Projects in China, in production |
||||
| Zhongjin Gold |
SSE |
4,629 |
5,493 |
15.00 |
366 |
Projects in China, in production |
||||
| Shandong Gold |
SSE |
5,069 |
5,969 |
11.00 |
543 |
Projects in China, in production |
||||
| Median Valuation |
1,786 |
2,551 |
9.55 |
217 |
||||||
| LionGold Corp |
SGX |
139 |
116 |
7.00 |
17 |
8 Projects: Australia, Ghana, Bolivia and |
||||
when results coming ?
edwinjup ( Date: 06-Nov-2013 15:22) Posted:
|
still quite disappointing
Added 50 lots for result play...
dekmelvie ( Date: 06-Nov-2013 11:57) Posted:
|
Good price to enter now. 220-225
Pray hard no one feed lion with laxative. The volume so quiet and still go red 1 pip earlier.
danytan ( Date: 06-Nov-2013 09:15) Posted:
|
No movement this morning..
reliever ( Date: 06-Nov-2013 08:33) Posted:
|