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Post by zuolun on Dec 10, 2013 14:43:00 GMT 7
PCRT — Trading in a rectangle; crucial support @ S$0.50
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Post by zuolun on Apr 5, 2014 15:22:49 GMT 7
PCRT — Trading in a rectangle; crucial support @ S$0.50odie, I repeat why I never trust PCRT's top management since day one when it was IPO @ S$ 0.70 per share on Jun 09, 2011. Vernon Martin's reviews on PCRT dated 12 Jun 2011 and 21 Sep 2011 claimed that "the valuation report was based on the false premise that all five properties had been completed and fully leased, when only one building, the Red Star Macalline Furniture Mall, had been completed and opened, and the malls in Foshan and Chengdu had not only not been started, but the land had not yet been acquired by PCRT." These 2 articles may explain why PCRT's share price never trades above S$0.70 for > 2 years, to date. One filthy rich lady once told me: "When a rich woman wears a fake diamond ring, no one doubts it is not real but when a poor woman wears a real diamond ring, no one believes it is not fake." Perennial China Retail Trust (N9LU.SI) 鹏瑞利中国零售信托 — 12 Jun 2011 A Visit to Perennial China Retail Trust’s Assets in Shenyang, China 鹏瑞利中国零售信托 (N9LU) — 21 Sep 2011 oldman, St. James and PCRT's chart pattern showed that the smart money had successfully laid big bull-traps to trap the longs. PCRT closed with a long black marubozu @ S$0.55 (+0.005, +0.9%) with extremely high volume done at 54.5m shares on 17 Mar 2014.
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Post by oldman on Apr 10, 2014 18:17:50 GMT 7
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Post by zuolun on Jul 6, 2014 13:51:52 GMT 7
oldman, The article confirmed what Vernon Martin had written on PCRT in 2011 that: 1. The IPO was marketed based on an attractive pipeline of at least S$3 bln of commercial developments. 2. But only one property was operational at the time of listing. PCRT (weekly) — Symmetrical Triangle FormationI repeat why I never trust PCRT's top management since day one when it was IPO @ S$ 0.70 per share on Jun 09, 2011. Vernon Martin's reviews on PCRT dated 12 Jun 2011 and 21 Sep 2011 claimed that "the valuation report was based on the false premise that all five properties had been completed and fully leased, when only one building, the Red Star Macalline Furniture Mall, had been completed and opened, and the malls in Foshan and Chengdu had not only not been started, but the land had not yet been acquired by PCRT." These 2 articles may explain why PCRT's share price never trades above S$0.70 for > 2 years, to date. One filthy rich lady once told me: "When a rich woman wears a fake diamond ring, no one doubts it is not real but when a poor woman wears a real diamond ring, no one believes it is not fake." Perennial China Retail Trust (N9LU.SI) 鹏瑞利中国零售信托 — 12 Jun 2011 A Visit to Perennial China Retail Trust’s Assets in Shenyang, China 鹏瑞利中国零售信托 (N9LU) — 21 Sep 2011 oldman, St. James and PCRT's chart pattern showed that the smart money had successfully laid big bull-traps to trap the longs. PCRT closed with a long black marubozu @ S$0.55 (+0.005, +0.9%) with extremely high volume done at 54.5m shares on 17 Mar 2014.
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Post by oldman on Jul 6, 2014 14:17:33 GMT 7
When you are investing, you have to know whether you are investing in a 'show' or a real business. To be very honest, there are lots more 'shows' than there are real businesses. As you grow older and wiser as an investor, you can spot the 'shows' and avoid these.
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Post by zuolun on Jul 6, 2014 14:35:52 GMT 7
When you are investing, you have to know whether you are investing in a 'show' or a real business. To be very honest, there are lots more 'shows' than there are real businesses. As you grow older and wiser as an investor, you can spot the 'shows' and avoid these. oldman, The cobweb of PCRT looks similar to Blumont.
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Post by zuolun on Jul 6, 2014 15:08:06 GMT 7
When you are investing, you have to know whether you are investing in a 'show' or a real business. To be very honest, there are lots more 'shows' than there are real businesses. As you grow older and wiser as an investor, you can spot the 'shows' and avoid these. oldman, Warren Buffett is building and hoarding cash since the end of 2011. Stock Market Forecast By Market Cap/GNP Ratio — 24 Apr 2014
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Post by zuolun on Jul 7, 2014 8:28:08 GMT 7
When you are investing, you have to know whether you are investing in a 'show' or a real business. To be very honest, there are lots more 'shows' than there are real businesses. As you grow older and wiser as an investor, you can spot the 'shows' and avoid these. oldman, Not only PCRT, St James is also crap. Charts don't lie if you read it correctly. BTW, I'm already very old now, if I grow older, I believe I would behave like a child or having a 2nd childhood = 反老还童。 St James — A Big Bull TrapSt. James had a shooting star @ S$0.042 (+0.002, +5%) with volume done at 1.65m shares on 7 July at 9.15am. St. James — A big bull-trapSt. James closed with a gravestone doji @ S$0.041 (+0.001, +2.5%) on 4 Apr 2014. The share price has collapsed to low of S$0.038 or -50.6% on 31 Mar 2014 from the peak @ S$0.077 scored on 17 Mar 2014. Immediate support @ S$0.038, immediate resistance @ S$0.043, the 23.6% FIBO retracement. St. James and PCRT's chart pattern showed that the smart money had successfully laid big bull-traps to trap the longs. St. James closed with a shooting star @ S$0.064 (+0.01, +18.5%) with extremely high volume done at 67.37m shares on 17 Mar 2014.
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Post by zuolun on Sept 9, 2014 7:21:04 GMT 7
infopub.sgx.com/FileOpen/Supplemental_Agreement_08092014.ashx?App=Announcement&FileID=314161The importance of ground checks — 8 Sep 2014 oldman, The article confirmed what Vernon Martin had written on PCRT in 2011 that: 1. The IPO was marketed based on an attractive pipeline of at least S$3 bln of commercial developments. 2. But only one property was operational at the time of listing. I think it is best to avoid all oil and gold related stocks including those that provide services to these firms. There will certainly be opportunities in the future as these are cyclical industries. Just that one has to be patient and pick the stocks up at their lows. Right now, it is a good time to do the research on such stocks and get ready. oldman, The way you looked at Pacific Radiance's IPO data reminds me of RH Petrogas IPO prospectus and its subsequent rights issues (twice). Someone did a similar FA on RH Petrogas the same way as you did; by tracing back to its IPO data and found something interesting in its IPO prospectus, printed in smaller print.
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Post by zuolun on Dec 15, 2015 9:27:28 GMT 7
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Post by zuolun on Dec 17, 2015 16:44:52 GMT 7
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Post by zuolun on Jan 22, 2016 12:59:04 GMT 7
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