Wing Tai Holdings

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Who knows, i may buy instead if everyone is selling? This is a case of if you can't beat them (CHENG Fellows), join them.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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Wing Tai HK has hit a new 52 week high today at 4.11 HKD
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I bought 10 lots of Wing Tai today for the fun of it. And guess what, The sellers are JP Morgan and Credit suisse! I wonder how much are the Big Boys paid to depress the price?
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I'm rejecting the offer as the offer price is below my purchase price. No $2 no sell.
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(29-05-2012, 01:13 PM)sgpunter Wrote: I'm rejecting the offer as the offer price is below my purchase price. No $2 no sell.

My voting power is greater than yours Big Grin
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(29-05-2012, 12:17 PM)propertyinvestor Wrote: I bought 10 lots of Wing Tai today for the fun of it. And guess what, The sellers are JP Morgan and Credit suisse! I wonder how much are the Big Boys paid to depress the price?

Of course! Of course! The CHENG Fellows (maybe you are one of them) like to see that the price stays @1.3. Just like SAT is buying back their shares @ 2.6.Big GrinTongue
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
(29-05-2012, 02:44 PM)Temperament Wrote:
(29-05-2012, 12:17 PM)propertyinvestor Wrote: I bought 10 lots of Wing Tai today for the fun of it. And guess what, The sellers are JP Morgan and Credit suisse! I wonder how much are the Big Boys paid to depress the price?

Of course! Of course! The CHENG Fellows (maybe you are one of them) like to see that the price stays @1.3. Just like SAT is buying back their shares @ 2.6.Big GrinTongue

Want to write a complain letter? I the we minority shareholders should do something about this unfair offer. I cant believe SIC approved the partial takeover offer! Angry
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(29-05-2012, 03:08 PM)propertyinvestor Wrote:
(29-05-2012, 02:44 PM)Temperament Wrote:
(29-05-2012, 12:17 PM)propertyinvestor Wrote: I bought 10 lots of Wing Tai today for the fun of it. And guess what, The sellers are JP Morgan and Credit suisse! I wonder how much are the Big Boys paid to depress the price?

Of course! Of course! The CHENG Fellows (maybe you are one of them) like to see that the price stays @1.3. Just like SAT is buying back their shares @ 2.6.Big GrinTongue

Want to write a complain letter? I the we minority shareholders should do something about this unfair offer. I cant believe SIC approved the partial takeover offer! Angry

O. K. Since you are the 1st one to mention, you are now the natural "RED INDIAN CHIEF" GO on.....Big GrinTongue
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
(29-05-2012, 03:29 PM)Temperament Wrote:
(29-05-2012, 03:08 PM)propertyinvestor Wrote:
(29-05-2012, 02:44 PM)Temperament Wrote:
(29-05-2012, 12:17 PM)propertyinvestor Wrote: I bought 10 lots of Wing Tai today for the fun of it. And guess what, The sellers are JP Morgan and Credit suisse! I wonder how much are the Big Boys paid to depress the price?

Of course! Of course! The CHENG Fellows (maybe you are one of them) like to see that the price stays @1.3. Just like SAT is buying back their shares @ 2.6.Big GrinTongue

Want to write a complain letter? I the we minority shareholders should do something about this unfair offer. I cant believe SIC approved the partial takeover offer! Angry

O. K. Since you are the 1st one to mention, you are now the natural "RED INDIAN CHIEF" GO on.....Big GrinTongue

How many shares you got? Need at least 5% of voting rights to sign on the letter.
Reply
(30-05-2012, 09:47 AM)propertyinvestor Wrote:
(29-05-2012, 03:29 PM)Temperament Wrote:
(29-05-2012, 03:08 PM)propertyinvestor Wrote:
(29-05-2012, 02:44 PM)Temperament Wrote:
(29-05-2012, 12:17 PM)propertyinvestor Wrote: I bought 10 lots of Wing Tai today for the fun of it. And guess what, The sellers are JP Morgan and Credit suisse! I wonder how much are the Big Boys paid to depress the price?

Of course! Of course! The CHENG Fellows (maybe you are one of them) like to see that the price stays @1.3. Just like SAT is buying back their shares @ 2.6.Big GrinTongue

Want to write a complain letter? I the we minority shareholders should do something about this unfair offer. I cant believe SIC approved the partial takeover offer! Angry

O. K. Since you are the 1st one to mention, you are now the natural "RED INDIAN CHIEF" GO on.....Big GrinTongue

How many shares you got? Need at least 5% of voting rights to sign on the letter.

my family and relatives have around 120 lots, almost insignificant, but if we all combine, we may stand a chance to exceed 5% i hope
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