Good for u kuihmoi but for me I don't put all my eggs in one basket as I've more than 20 other counters to take care of which is more difficult to monitor. I'll slowly try to reduce the number to around 8 which will be more appropriate.
Look like some main players keep selling their sharesin this counter as they are looked do not use their money for this counter over high risk in penny stock generally :)
kuihmoi, on second thought whether it's advisable to take up the RI as the counter keeps on dropping? Looks not attractive............!!! Trade at own risk
Less people subscribe for penny stocks in bad market and wants to buy shares lower price like 5 cents graduately and the main shareholders will players around the prices !
Any good news for mother flonic.. seems OR Only 0.005.. do we need to excersice 0.07 to cover the lost if we sell mother...Please need advise thx... appreciate
haneylynda, I ready don't know but since I've sold Flonic immediately after ex-rights so I used the proceeds to take up the RI with warrants n hope for the best.................
u pay 0.07 for the rights thereby entitling u to the warrants..i.e.. warrants not free lah..cal the warrants u paid for ,, n hope it list higher than ur cost lohhh...
Free warrants two for three RI subscribed ......................free warrants also can be sold say at 2.5 sen then v won't lose if the mother share is trading at 6 sen. My opinion only. Trade at own risk
0008, why be so cruel to let other counters other than O&G die slowly???!!! It's best that all counters go up so that everybody will be HAPPY. Don't u think so? Trade at own risk
Vinvin , why they need right share becos they lose every year , company no cash and big debt , u still want to pump in money to this counter ? I think u better think twise
I know many of u buy share , will chose the low price counter becos u can buy More lot share and hope easy to earn More , u r totally wrong mindset , actualy most of the delisted stock are low price stock !
Psiptek is a developer doing property business ofcos got value lah , but flonic totally dif case , flonic doing no future business , sure no value at all !
Honey , I think u better take come share market course to improve your knowledge , If not u will lose all your money here ! Becareful ! I talk too much oledy
I don't think flonic is as bad as what u have said 0008. It's now in good hand of Ms Tan who has invested n put up so much capital to transform it into a better entity. Why should she want to waste so much money if this company has no future prospects? U just think about it! Trade at own risk
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....
vinvin
4,495 posts
Posted by vinvin > 2014-10-06 20:22 | Report Abuse
Good for u kuihmoi but for me I don't put all my eggs in one basket as I've more than 20 other counters to take care of which is more difficult to monitor. I'll slowly try to reduce the number to around 8 which will be more appropriate.