good news out let u all buy meh? use brain la. news out to trap. hope n its better to learn now than being hard headed n stubborn doing same mistake in future. if really want to buy, wait at 0.12 why? well, if u und, then u und same like i said to those believe with their pants down s5 news or any good fundamentals in the co. rip
the outcome on 16th of April doesn't matter much actually. Even if s5 abort, there will be other companies waiting to come on board for RTO listing. I seriously hope if s5 is not serious in this RTO with ancom, just terminate the contract. Do not extend the HOA anymore. Shareholders of ancomlb are trapped for a very long time and certainly do not wish to be dragged on until God knows when based on these false promises.
Yes, that was why I keep on emphasizing. We as shareholders of ancomlb do not want to see the HOA being extended for another time.
It's a serious opportunity cost(ie, our money can be invested somewhere else with positive ROI). And some of us here are waiting to cash out for other purposes.
We cannot afford to get trapped and stuck here(s5 vs ancomlb) for another few more months.
And given the current share price, many of us are in negative equity and trapped. We cannot afford to dispose of these shares at these ridiculous prices.
At least from what I observe. Nylex is an empty shell now. If RTO is to proceed, all of ancomlb subsidiaries companies will be taken over by nylex. (Correct me if I'm wrong)
So what we need now is a definite answer from s5. This kind of 15-20% run up doesn't mean a thing because this is a high beta stock.
In any case whether S5 RTO proceed or not, ancomlb has options what to do with the listed company . Their parent company has acquired livestock chemical company and there are many options for ancomlb. One just need to ride it out .
Unless there is a formal, positive and definitive answer from s5, the share price will likely remain here.
That being said, as mentioned previously by someone else above, if the RTO have a high chance of success, share price would already be trending up slowly a few months ago. Market makers will never allow us to buy in at these ridiculously cheap prices.
But then again, we don't rule out a surprise announcement as well. If its a positive outcome, share price would gap up and fly. Because this is not within market expectations.
I'd rather s5 call it off early. Don't extend the HOA for another 3 months again...... let other companies who want RTO to come on board for negotiations.
umm but this action very good 1) create fake active traded volume - can be in top 30 volume 2) catch passenger 3) anytime can ROCKET or DUMP. see how lucky you are to ride ROCKET or fast to cutloss from dump
i lost though, aint got time to play con counter, when there are still active sector in play - oil / plantation / gloves / semi-con. sketchy counters 20% jackpot, 80% you lose money
wow, thinking back.... SAKIT...... cutloss and threw this away. today see price aiyooo why didnt average haha kena flushed by operator.... really no excuse haha
As stated above, we need to wait for official announcement of the reverse take over of s5 vs ancomlb. If not any uptick of the share price will be sold down heavily by retailers who are looking for short term profit.
Ancomlb still heavily bid. While nylex got sold off sharply to the close. This certainly means something positive is brewing.. this rally in ancomlb is not driven by gains in nylex
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....
willee2
1,089 posts
Posted by willee2 > 2022-03-04 01:42 | Report Abuse
sadge so many newbies kena game here. sadge. i see also my eyes automatic tears up for u all.