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  1. #16191
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    First ATM post of the day.

    Another up & day, but in the meantime I'm out. On the sidelines for the moment.
    Last edited by Sideshow Bob; 20-03-2020 at 06:13 PM.

  2. #16192
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    Quote Originally Posted by Sideshow Bob View Post
    First ATM post of the day.

    Another up & day, but in the meantime I'm out. On the sidelines for the moment.
    Same here , but I am actively hunting for bottom stocks.

  3. #16193
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    Quote Originally Posted by tomm View Post
    Same here , but I am actively hunting for bottom stocks.
    Trying to pick bottoms only leaves you with smelly fingers (*sorry one of my favourites!)

    On a serious note, my call to sell out wasn't an ATM call - it was based on the overall situation, which will get worse before it gets better. While things like China having largely come out of the crisis (if you believe what they say and their figures) and also currency tailwinds.

    Strongly believe that there will be opportunities to buy back in at lower levels. Down 6.9% on Friday close as I speak, but has been huge intraday swings of late.

  4. #16194
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    Quote Originally Posted by Sideshow Bob View Post
    Trying to pick bottoms only leaves you with smelly fingers (*sorry one of my favourites!)

    On a serious note, my call to sell out wasn't an ATM call - it was based on the overall situation, which will get worse before it gets better. While things like China having largely come out of the crisis (if you believe what they say and their figures) and also currency tailwinds.

    Strongly believe that there will be opportunities to buy back in at lower levels. Down 6.9% on Friday close as I speak, but has been huge intraday swings of late.
    Surely, what I meant was I am keeping an eye out for the bottom stocks but not taking actions yet.

  5. #16195
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    i still stick to my view its overvalued on pe basis , esp in a contracting pe environment
    one step ahead of the herd

  6. #16196
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  7. #16197
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    Quote Originally Posted by Baa_Baa View Post
    What’s the chance of complete takeover

  8. #16198
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    Quote Originally Posted by Ggcc View Post
    What’s the chance of complete takeover
    Nil chance according to the announcement.

  9. #16199
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    Quote Originally Posted by Ggcc View Post
    What’s the chance of complete takeover
    A2 aren't even the biggest shareholder in Synlait.

  10. #16200
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    smart move, good to see.

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