It is a classic case of pumping up the price with good story, dining up with stock analyst, pumping up profit and loss with creative accounting and buying up and pushing up share price with minimum outlay. And wait for the herd instinct to kick in. Sucker will get suck in, and real smart one will take profit. This is the second major withdrawal from a major markets. First one is china. They cannot actually stand their ground when faced with a bit of competition. That already show how good a company they are. In the long run, their safe countries will be overrun by the winners in china and middle east. So i personally feel that at it is not a company for long term. Run and take profit while you can. India they will sooner face bureaucracy profit once there set up is big
$Food Empire(F03.SI)$ food empire cannot be value so high. This is all euphoria and good story and packaging from the management and together with the help of all those analyst. The largest shareholder trim their holding middle of this year and it is not even reported by any one. Looking at revenue and operating profit growth it is meagre gtowth compare to share price.!!!!!!. At this point i think it is dangerous. Noted also company itself also buying its own stock but profit negative.
I believe all this analysts are all paid and courted to say all this. Talk is free and get paid for doing it. Please take it with a pinch of salt. Have you seen a 3 in 1 coffee company valued at billion dollar?. Also do you know how competitive among coffee companies, just go to ny supermarket and you can see how many brands. Food empires not even there. Food empires together with analyst tell a good story only. That is how stock market work.
It is obvious that the analysts was invited to the site and was presented with a good show. I personally they are trying to boost their stock prices. One aspect that i suspect is their super positive review by analyse about their tie up with santan (air asia catering arm) do you know santan is only 11-50 man operation?. Even those tie up with SIA catering arm are not doing so well as what was the analyst mention about food empire. Do you remember a listed fruit company that was delisted that was supplying to SIA , & budget airline?. Obviously all analysts are bias. Most important air asia are not known to be a good payment master too. Those food empire investors must do your own due diligence.
$SingPost(S08.SI)$ The group CEO does not deserved to be running singpost and making so much. He should be demoted or sack. Together with all the board members. Enclosed see their salary. Do you think they deserved that kind of high pay to commensurate their performance?
$SingPost(S08.SI)$ although it is asset positive company. ITs group CEO is already 2 yrs plus into the job but still clueless! Needed outside help & insight. Will anyone invest into this company?. Will there be a take over( friendly/ hostile)? If organic growth,with this CEO i think singpost will struggle unless economy improve( natural growth). Hope i am wrong as i am a shareholder too. They should change the whole board members to really help the company.
$Hosen(5EV.SI)$ This is not a active traded counter. Hosen is a profitable co. With famous brand.It is at a price & below fair mrk capitalisation. Easy target mrk speculation for controlling or deep pocket shareholders. Dividend coming in MAY 24. Yet price going down. So good chance speculators are pressing the price down to mop up shares at low. Then near or after dividend they will boost up price then sell. So far not much change hand yet. I am still waiting for volume to go up. Can monitor this stock. Do your own due diligent.
$SINGAPORE POST LIMITED(S08.SI)$ after the blind board members employed vincent phang as CEO , singpost share price has been going down!!!!!. He was formally from Toll and did not do well there. The value of singpost has now plunged to record low . Making it look valueless. Book value is more than total share price( co. Value). This guy is brainless and is at a loss. I think he is very comfortable and complacent totally ignoring what he is there for. Singpost is a pioneer and biggest player in post and delivery and logistics in Singapore or use to be ( but still the only official licensees for general post). Why he cannot use singpost economy of scale and natural advantages to beat those small players?. They have been slo
$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$ Hold your fort now. Let the the short slers feel the heat. Short squeeze them by selli g high not low. Today 15 millions shares +- need to be purchased back by short sellers.
$HALCYON AGRI CORPORATION LTD(5VJ.SI)$ short position is about 4.5million shares on the 17/11/22. So on 21/11/22. Most if not all short seller have to cover their position. So prepare to see coming monday price will shoot up definitely. Probably over 0.40.
$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$last hour someone is trying to press down d price.0.079 which is daily <1%. I believe it will go up to 0.08 at least when short seller( 31st oct) try to cover position.today they will escape short squeeze. In Singapore short seller almost all d time escape short squeeze.
$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$can everyone hold this stock longer? yesterday(19th) the short position is roughly 40% of the daily volume.today strongly short seller pushing it down again.Tomorrow they have to cover their yesterday(19th) position.so if tomorrow cannot find sellers they have to buy higher to cover unless they short again.which result in bigger position and paying higher cost( interest & other cost).In longer term they cannot hold and have to buy at any price. It is call a short squeeze. Can we gang up & punish this opportunistic group of investors call short sellers?.
$FOOD EMPIRE HOLDINGS LIMITED(F03.SI)$Anyone know why the stock of this stock going up? If it is profit up. Then it is not accurate as the profit do not come from the core business. It come from selling their headquarter ( building). It tell you a story if a company need to sell its headquarters and rent it back. Pleaae do your own due diligent
$SINGAPORE POST LIMITED(S08.SI)$short sellers are at it again. Analyst say positive things.Next moment short sellers start selling.who is better informed?
Those news are well expected. Wonder what are the new CEO going to do about it. Is he going to sit there and suck his thumb and do nothing? By the way that is what most if not all government related companies do. Why no shareholders pressure him to spell out his strategy for the company.? A good story even it is half cooked can do justice to the company shares. Not keeping quiet. I believe CEO is loss just like when he is managing TOLL( Australia). Hope he will not screwed up sing post like he did to TOLL.
Singapore Post Just Issued an Operating Update: Can it Maintain Its Dividend?