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I guess it depends on a lot of factors, how many you own, what you average price is, how much risk you want to take and how many years you plan to stay in this. Overall, I am cautiously optimistic right now. It might go down, but not a lot. I think we will see $1 by June next year.
Sub 50 is coming.
I think it all depends on how much they get from the bank this time.
They made a big fanfare about the loan without hinting us the dollar amount. Any guess?
How low can it go? Sub 4?
What makes you believe that this is going to go much higher? The possible deal with Lufthansa? Are they going to profit from it at all? I am not convinced.
Last December, the offering price was $1.00. Last May, the offering price was $4.4. Last January, the offering price was $3.00. So you are saying they are making money. Lol.
The selling pressure is the consequence of their massive dilution.
The company is the pressure. They sold millions and millions of shares in the last several months.
I knew that. So you think they do not need to print shares again. I am not sure based on their track record.
It is truly amazing how this stock is pumped. The company printed millions and millions of shares in the last several years. Three offerings last year, three offerings this year so far. Soon, they are going to have another 15 to 1 reverse split and mot offerings.
Last June, the share count was 13 million. Now, the share count is 130 million. I do not understand why people believe this is a gem.
For what it worth, he might be the one securing loan for us. My guess is the loan is from Malaysia, where Yap has ties.
I thought you bought 15,000 shares @ $1.28. How could you make $450?
Last Q, they made very few dollars. How much do you expect for the coming one?
Hope so. Today's price action is disappointing.
I guess not. Hope you bot some cheap shares.
It went up nearly 50% after market.
Why did he convert now? It doesn't make sense to me.
I think the company paid back in cash, FD uses the money to buy stocks. It is win win for both parties. For example, company paid $10 dollars pack, FD only needs $5 to buy one share, the other $5 essentially covers the interest from the year 2016 to 2020, considering the interest rate is 10.5% annually. $10 for four years, the interest is $4.2 dollars. So as long as the share price is below $5.8, they can continue to do this. The net effect for the company is the same as share buyback. Next year, if the share price is below $6.85, they can continue to do that as well.
I did not have time to listen. Could someone please recap the main points?
FD's share count is 2.86million . He cashed out some loans.
A new addition to the management. Interesting.
IKEA, I thought you were openly against SIAF and Solomon a while ago. What makes you change your mind?
KONE and CGA are both Li Tao's companies. SPU and the above two companies are all located in Xi'an city.
KONE's turn today.
SPU up and up and up
ZX's turn today.
It closed at 52nok in Merkur. $6.20
Peter must be laughing if he reads the board. Solomon's definition of two weeks is different from ours.
But who is selling? Who has this many shares?
Empty one, are you unloading? It seems unreal that so many shares
were sold at $4.96.
It's CLNT's turn today. Interesting.
They need the right mindsets, not only the will.
If I remember correctly ,Solomon said if he says this, he might be in trouble before he brought out 2-3 billion market cap statement. For some reason, when I heard this, my first thought was FD said something like that in front of Solomon. I bet they had some internal estimates, that was also why Solomon was so mad when someone challenged his A shares. He thought he did us a big favor because he created share holder values for us.
More than 100 shares were sold at less than $1.42 today.
I hope they announce something asap. otherwise I am afraid that this will go back down to low 4's within this week.
Hard to believe that the buyers in Merkur did not buy at OTC. JN got filled at $3.69. Too many mysterious things.
Did you place an order of 75 shares yesterday? I thought only prat of it was filled at 3.69.
Can't people buy from OTC, transfers to OSLO, then sell?
Geez, Oslo closed at $6.52.