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wlcling
post Dec 1 2010, 11:21 PM

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now the correction seems over... to share my thoughts out on why i'm holding GMG & GenSP

GMG - currently 0.310 - someone said some news coming.. if i would to guess, maybe a potential takeover target from commodity giants noble/wilmar - if that happens, easily 2 fold profits. Short term, looking at 40c. If bad news, downside risk is to near 20c.
GenSP - currently 2.03 - oversold, should touch 2.30 back easily even without any further news. But someone said BIG news coming, so I am looking at about short-term TP of 2.60. My guess, is could be opening of casinos in other regions? If bad news, downside risk to 1.85

both are good growth counters overall even without any rumors in play (gensp being the safer bet).

The next counter in my radar to buy by mid dec is Wee Hur, recommended by the same guy who recommended Chinantown to me when it was quiet and cheap at 11c to await the dual listing. Wee hur is now quiet and cheap at 0.480 too while it's awaiting some bonus warrants and shares

This post has been edited by wlcling: Dec 1 2010, 11:25 PM
wlcling
post Dec 1 2010, 11:24 PM

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p/s watch OSIM tomorrow.... this counter keep up up up... i can't believe i didnt take my wife's advise to buy it at 0.08c last year... now would be 15x richer... put 5k in, out 75k sweat.gif sweat.gif sweat.gif


Added on December 1, 2010, 11:40 pmPs not a buy call. Normally when Dow cheong throughout the roof like that, sti gaps up but may not be sustainable throughout the afternoon. Buy on dips instead as some profit taking may happen before the weekend

This post has been edited by wlcling: Dec 1 2010, 11:40 PM
Hansel
post Dec 2 2010, 02:39 PM

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QUOTE(ronn77 @ Dec 1 2010, 03:55 PM)
Hansel, how do I subscribe the rights for "First Reit"? Will they send the form to my house? Sorry as I'm a bit noob on these  biggrin.gif
*
Yes, the Offer Information will be sent to your Sgp Address. Should be sent out by the coming Monday.
wlcling
post Dec 2 2010, 03:40 PM

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many many 2 lots buying for aimsapreit
wlcling
post Dec 3 2010, 12:16 AM

Hippidy Hoppidy
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dow continues to go up! biggrin.gif biggrin.gif
wlcling
post Dec 3 2010, 09:31 AM

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aimsampireit continues with programmed buying today..

on tuesday it was 1 lot buying every 2-3 mins
Wed, it was 2 lots buying every 2-3 mins
today, it's 4 lots buying every 2-3 mins

there's someone trying to maintain the price at 0.225 but very funny that the lot size is doubling for the past 3 days.

maybe on monday it's 8 lots buying in
tues, 16 lots.. etc.,etc... biggrin.gif

but my instinct tells me to just watch, don't buy..

by the way gensp coming alive! biggrin.gif
wlcling
post Dec 3 2010, 11:02 AM

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cheong ah! biggrin.gif biggrin.gif turn my overall portfolio to green ah!!

Current holdings:-
Gensp 10 lots at 2.22 (Current price 2.08)
GMG 30 lots at 0.301 (Current price 0.31)


wlcling
post Dec 3 2010, 11:33 AM

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remain bullish that STI will soon break a new high, would buy further on dips today if have extra funds smile.gif

This post has been edited by wlcling: Dec 3 2010, 11:40 AM
wlcling
post Dec 3 2010, 02:58 PM

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gensp touching 2.12... 10 more cents to my breakeven and 48 more cents to my end dec target

shouldnt have sold and buy GMG just yet sweat.gif

This post has been edited by wlcling: Dec 3 2010, 02:59 PM
wlcling
post Dec 3 2010, 04:57 PM

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QUOTE(wlcling @ Dec 3 2010, 11:33 AM)
remain bullish that STI will soon break a new high, would buy further on dips today if have extra funds  smile.gif
*
STI is dipping to -20 now...

good opportunity to load your favourite counters..
wlcling
post Dec 4 2010, 12:21 AM

Hippidy Hoppidy
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QUOTE(wlcling @ Dec 1 2010, 02:17 PM)
wonder if QE3 will come soon?  smile.gif  smile.gif  smile.gif

that'll be a nice xmas turkey for us
*
mmmmmmmmm turkey... yummy... brows.gif
wlcling
post Dec 5 2010, 10:24 PM

Hippidy Hoppidy
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QUOTE(wlcling @ Dec 1 2010, 11:21 PM)
now the correction seems over... to share my thoughts out on why i'm holding GMG & GenSP

GMG - currently 0.310 - someone said some news coming.. if i would to guess, maybe a potential takeover target from commodity giants noble/wilmar - if that happens, easily 2 fold profits. Short term, looking at 40c. If bad news, downside risk is to near 20c.
GenSP - currently 2.03 - oversold, should touch 2.30 back easily even without any further news. But someone said BIG news coming, so I am looking at about short-term TP of 2.60. My guess, is could be opening of casinos in other regions? If bad news, downside risk to 1.85

both are good growth counters overall even without any rumors in play (gensp being the safer bet).

The next counter in my radar to buy by mid dec is Wee Hur, recommended by the same guy who recommended Chinantown to me when it was quiet and cheap at 11c to await the dual listing. Wee hur is now quiet and cheap at 0.480 too while it's awaiting some bonus warrants and shares
*
removed wee hur from my radar... TA friend's advise.
wlcling
post Dec 6 2010, 01:33 PM

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Hey GMG, wake up! i need to buy a new camcorder, so let's go! biggrin.gif biggrin.gif
carmentee
post Dec 6 2010, 05:02 PM

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QUOTE(wlcling @ Dec 6 2010, 01:33 PM)
Hey GMG, wake up! i need to buy a new camcorder, so let's go!  biggrin.gif  biggrin.gif
*
today genting up biggrin.gif

This post has been edited by carmentee: Dec 6 2010, 05:03 PM
wlcling
post Dec 7 2010, 09:08 AM

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STI undergoing some corrections... just a pause before the next run... smile.gif


Added on December 7, 2010, 3:01 pmmany counters turning green already....

gensp hovering at 2.12
gmg hovering at 0.310

believe there's strong accumulation at these levels... lets see how it will rotationally play out this month rclxms.gif

This post has been edited by wlcling: Dec 7 2010, 03:01 PM
KhunNimzo
post Dec 7 2010, 03:44 PM

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QUOTE(wlcling @ Dec 7 2010, 09:08 AM)
STI undergoing some corrections... just a pause before the next run...  smile.gif


Added on December 7, 2010, 3:01 pmmany counters turning green already....

gensp hovering at 2.12
gmg hovering at 0.310

believe there's strong accumulation at these levels... lets see how it will rotationally play out this month  rclxms.gif
*
hi,
u buying shares thru msia brokerage or singapore brokerage?
wlcling
post Dec 7 2010, 04:43 PM

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singapore brokerage smile.gif
wlcling
post Dec 8 2010, 10:19 AM

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genhk looking quite attractive at 0.435

although STI moving into the red now, looking forward to a good afternoon with continued rotational play.
ronn77
post Dec 8 2010, 11:06 AM

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Singapore stock preety boring lately..maybe due to my own stock which trading at sideways. Do queue some penny stock to make some short-term income but seems unable to match any...sigh
wlcling
post Dec 8 2010, 12:30 PM

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QUOTE(ronn77 @ Dec 8 2010, 11:06 AM)
Singapore stock preety boring lately..maybe due to my own stock which trading at sideways. Do queue some penny stock to make some short-term income but seems unable to match any...sigh
*
hehe... u want some excitement can try to trade on Osim, Gallant, and Golden Agri... all these potential movers (either up or down)

mid-term looking at potential upside, but short-term may have corrections first as they have moved up quite a bit recently

This post has been edited by wlcling: Dec 8 2010, 12:34 PM

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