Ok . Thank you . Actually the drop is it because the company is going to issue bonus. So the price has to go down so that they can afford to give the free bonus shares.
Not related to the bonus issue I believe. It is due to COVID-19 situation. Raw material supply chain broken. Engineers also cannot travel. And of course, the overall market sentiment is super bearish.
mine ave is higher at .96, will buy to ave down but not at this moment, next buy below 70c, crisis still not at peak ________________ newinvestor85 Hi Super Panda. I bought it at 90 . And now went down to 80. Do u think I should wait or buy every time it goes down.
im not chartis, more to bargain hunter on growth stock, 1st entry 10k shares only and will buy 2nd tranch when time comes _______________ kfoong81 SuperPanda, I know you believe this is a good company now has recovered from its worst time, which I agreed. But, you don't look at chart for entry point ? 09/03/2020 10:06 AM 09/03/2020 2:16 PM
Mr 888next, just a question out of curiosity. In light of the current bearish market, will the bonus issue definitely go through? Is the EGM just a formality to decide the ex date or there is a possibility however small that the bonus issue can be rejected? Any response is much appreciated as I am just asking this as a sharemarket newcomer.
Likely to go down more. When mkt is crashing, second liners will be the worst hit due to margin call and lack of institutional funds support. Supply chain will definitely be affected hence the production and profit. Buy big cap/ blue chips with good dividends.
No worry.... just wait for a while... this is just the beginning ...time is our friend... Dont jump in too early... plenty of chances later.... have fun guys !!
There is no merit for NOTION to drop so much yesterday...merely influenced by the market panic sell. The sharks may have took the opportunity to press it down to collect cheaper for the next wave (bonus issue). So, huy and hold when it is low
Ha...As long you stay solvent or manage your cash flow rationally...there are few chances offering to you by Mr. Market irrational behaviour...That's why Buffett stay in cash for so long...but others say cash is thrash...He can go honeymoon anytime now...!!!
Can u enlighthen us the % of copper and aluminum parts use for current Notion existing manufacturing requirement v % sold to be sold to external party ?
How long is your project Nixon pay back period ??
How much is your capital investment for project nixon ?
Posted by 888next > Mar 11, 2020 5:02 PM | Report Abuse
Project Nixon (EMS sector) has opened new doors to 2 MNCs in the EMS sector:
1) USA: in smart technology in DIY/Crafts cutting machines for cutouts of different materials for apparel, crafts and special design items. Interchangeable cutters etc
2) North Asia: in smartphones and microwaves parts and sub assembly services.
Both MNCs are relocating source of supply chain from China concentration to alternate hubs because of the tariff war and not of the virus.
We expect mass production of copper and aluminium parts to commence in 3 to 5 months time.
Fair enough, then can u enlighten us why the company decide to invest into manufacturing copper and aluminum parts itself, when it is very much easier to obtain it from outsourcing suppliers with no extra investment, in which the company have done all this time ?
What is your competitive advantage by do it all by yourself and by committing more resources into this nixon project ??
Posted by 888next > Mar 11, 2020 8:09 PM | Report Abuse
Sorry I wont be going into details of these projects as its early days and we think its best not to reveal business strategy here in this forum for obvious reasons. Thank you.
Good for those promoters...Today will be another good day to collect.......Please remember to collect a lot.... Otherwise..you might miss the opportunity if the stock rebound sharply later... Huat Ah.... to the promoters...:-)
the rebound bcoz bargain hunter buying but later they realised it cannot sustain the support, rejection is too high, they cannot against the market force
today and tomorrow will drop more and hard to rebound after this, usa and europe now in serious virus crisis
if you ave is above 70, better sell to take profit before it turn to paper loss,.. then buy back below 70 and keep probably till end year to gain back above 90c
if this work as plan, you wont lose a penny and even can earn more
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
newinvestor85
4 posts
Posted by newinvestor85 > 2020-03-09 10:51 | Report Abuse
Ok . Thank you . Actually the drop is it because the company is going to issue bonus. So the price has to go down so that they can afford to give the free bonus shares.