it does fly for a day.. the reason this week every stock dropping is because BUDGET report coming out this friday. thats why everyone will cash out first.
Global Oriental may resume its uptrend after surpassing the MYR 0.615 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR 0.68. The stock may resume its consolidation if it cannot hold above the MYR 0.615 level. In this case, further support is anticipated at MYR 0.57, where traders can exit upon a breach.
riskabsorber 1 10.0% Deposit upon signing SPA (17 September 2015) 2 70.0% Within 30 days of SPA being unconditional and effective when the last of the Condition Precedent is fulfilled; and Redemption statement cum undertaking from chargee being delivered (17 October 2015) 3 5.0% Within 14 business days after the final plans had been filed and approved by the Appropriate Authorities (the “Renovation Plans”) 4a 2.5% Within 14 business days from 6 months after the date of issue of the Certificate of Practical Completion 4b 2.5% Within 14 business days on the date of expiry of the defects liability period, ie 18 months after the date of issue of the Certificate of Practical Completion 5 10.0% Within 14 business days after the Trustee receives the strata titles and valid and registrable memorandum of transfer to the Property duly signed for and on behalf of the Proprietor
It's already past 17 Oct.Now there's no announcement that the deal off.So I hope GOB will do well sooner or later.
NoPainNoGain, 70.0% Within 30 days of SPA being unconditional and effective when the last of the Condition Precedent is fulfilled; and Redemption statement cum undertaking from chargee being delivered (17 October 2015)
It's already past 17 Oct.Now there's no announcement that the deal off.So I hope GOB will do well sooner or later.
By right it should be received the payment within 30 days. But, due to the condition precedent is yet to fulfill by GOB. Therefore, the future date will be extended.
The risk of unfulfilled is very low. As I believed now is the best timing for us to accumulate the shares. If too fast they fulfill everything and payment receive, then you will sell the shares and watching with regretful eyes.
yeah u guys ah, abit abit shaky den shout here shout there.. Zzzzzz, told u be patient .. saw the warrant ? lol ~ surely made alot of money if u buy from friday and re buy in on monday.
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....
ChenGy91
191 posts
Posted by ChenGy91 > 2015-10-20 09:43 | Report Abuse
This week got budget report coming out .. Market so dead sigh :(