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(03-09-2014, 03:09 PM)propertyinvestor Wrote: Is F&N wrong? Are they going to lose their entire investment in Fung Choi?
NO offence.
Since you ask in this manner, anything is possible in life. i.e. including the impossibles. The truth can be stranger than fiction. And quite often it is. Then the truth becomes a legend. This where we have professional story tellers.
i ask the same Q. Can "The I C" or "Too Much Sick" ever be wrong?
Ha! Ha!
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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Im surprised there is no query on the sudden drop in the share price from SGX
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significant drop in share price with volume.....probably insiders offloading. maybe some announcements soon
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Hello, volume didnt exceed 4million, that is not really significant "Insider selling" if you consider the top 3 shareholder owns more than 23million each
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Hello kelvesy, may i ask if the $0.071 is cash net of liabilities?
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Who can "guarantee" NAV $0.459 is solid? Forget about the cash if someone can "guarantee" that. There must be a reason why at one time , a market's darling has become a "touch-me-not". i was mesmerized by this darling at that time. Who wasn't then? Fortunate for him.
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.
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
Ha! Ha!
It's "kacheem puteh" investment to F & N. i wish i can say the same. i think i can. Anyway that's is investing. Even the greatest WB loses sometimes.
Quote:Quote:In response to a query from The Straits Times on this matter, Fraser and Neave, Limited wishes to announce as follows:
"F&N regularly reviews options for all our businesses as part of our on-going effort to improve shareholder value. With regard to our stake in Fung Choi, the Group currently has no plans to divest its 29.5% stake."
Anthony Cheong Fook Seng
Company Secretary
3 September 2014
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.
Posts: 1,119
Threads: 16
Joined: Jan 2012
Reputation:
0
Trading halt called by Fung choi this morning.....hmmmm
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04-09-2014, 12:43 PM
(This post was last modified: 04-09-2014, 12:43 PM by specuvestor.)
VB so powerful...
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
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