How much smrt can get from the dividend? From the news, looks like smrt has secured the extension of the contract...Mr Palan is a smart guy. everything now is in order.. Downside due to market sentinel.. Guess have to wait for next QR...
Fibonacci Retracement shows strong support at 0.30, 8 months of consecutives drops could probably see the end of distribution. The volumes are reduced by a lot. Watch and see.
The private placement investor who supposedly bought at discounted price of 49 cts has alredi lost 35% of value in just few months. Is this 32 cts the bottom?
i had been telling people here since 3mths ago, this shares will drop below 0.40 when it was above 0.55 that time. But no one believe.. some even scolded me ask me go for more invest education class. what about now ? only 0.295 .. this has proven my words and not just below 0.40 but even worst. this is a very obvious and classic case that operator pull up the price from bottom all the way up to the peak 0.80+ then start throwing with spreading good news and all that to attract more pity investors go and grab their shits. If u really want to buy, you need very strong patientness at least for 1 and half years. At the same time, risk for this counter is high. dont play play guys. they are many counters out there. dont be silly let your funds get trapped here. cheers
I really wonder why Investor are not happy with SMRT investment in AEGB Let me try doing some mathematics here, I am an engineer not an accountant, I could be wrong.
1) SMRT own 23% of AEGB = 409.905m * 0.23 = 94 m 2) AEGB 14 Jul div for SMRT= 94m *0.05 = 4.7m 3) 23% of AEGB 200mil Disposable asset = 200mil *0.23 = 46 mil 4) SMRT is sitting on (1)+(2) = 50+ mil 5) SMRT is paying 51.9 mil for AEGB 23% stake, effectively SMRT is getting AEGB 23% stake for free.
1) SMRT own 23% of AEGB = 376.1m * 0.23 = 86.5 m 2) AEGB 14 Jul div for SMRT= 86.5m *0.05 = 4.325m 3) 23% of AEGB 200mil Disposable asset = 200mil *0.23 = 46 mil 4) SMRT is sitting on (2)+(3) = 50+ mil 5) SMRT is paying 51.9 mil for AEGB 23% stake, effectively SMRT is getting AEGB 23% stake for free.
I agree with you SK. I had invested 20% of my fund at 30c. Target another 30% at 25c and reserve the rest for trend change, I guess that would very much depend on the earning report.
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....
jefferykong
24 posts
Posted by jefferykong > 2015-06-29 20:34 | Report Abuse
The news is for them to exit. Don't try to bottom fish. The negative market sentiment is accelerating the dump process.