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Full Version: Nam Lee Metal move up sharply ahead of event....
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Traders taking position. Volume surge.
Same as another stock early last month .

I am tempted to buy now ahead of the event.

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3 yrs a go Yeoman capital took a substantial position.
Likely due tk cash pile in the company whuch can pay off the acquisition. Private Equity needs to make its move before the pile builds up further and pushes up the stock price making delisting more costly.

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3yrs wasted on this counter. Now 0.31ct
(02-12-2024, 11:40 AM)sgbuffett Wrote: [ -> ]Traders taking position. Volume surge.
Same as another stock early last month .

I am tempted to buy now ahead of the event.

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No need to buy lah....penny stock cheong so high liao..you also interested!
(02-12-2024, 12:16 PM)pinkpanther Wrote: [ -> ]No need to buy lah....penny stock cheong so high liao..you also interested!

Its all up to you and what you know and dont know.
There are tonnes of good stocks. Don't end up in illiquid ones
(02-12-2024, 12:26 PM)sgbuffett Wrote: [ -> ]Its all up to you and what you know and dont know.

If you buy nam cheong 4 months back..you already doubled....haiya..now you go buy nam Lee....very very difficult to cheong liao ...both also nam but nam cheong better lah
(02-12-2024, 12:27 PM)Niubee Wrote: [ -> ]There are tonnes of good stocks. Don't end up in illiquid ones

This is more a special situation play its not for long term holding or investments. 

Once it is announced you can justvtake the profits.
(02-12-2024, 01:11 PM)sgbuffett Wrote: [ -> ]This is more a special situation play its not for long term holding or investments. 

Once it is announced you can justvtake the profits.

The special situations will take time and capital allocated hang in balance. Long term okay
In Chinese both Nam Chong and Nam Lee also same meaning difficult to charge lah....Lee Chong better...
SGX are illiquid, dont buy here, go wall st.

enjoy being poor here.
Is it possibly delisting exercise and leaked news is offer price around 30 cents?
(02-12-2024, 01:06 PM)pinkpanther Wrote: [ -> ]If you buy nam cheong 4 months back..you already doubled....haiya..now you go buy nam Lee....very very difficult to cheong liao ...both also nam but nam cheong better lah
No point saying  this now....where to get time machine to go back 4 months to buy??!
(02-12-2024, 07:34 PM)sgbuffett Wrote: [ -> ]No point saying  this now....where to get time machine to go back 4 months to buy??!

Now still can buy for Christmas or end of the year decoration lah!
Up another 13% since last update at 30.5cts 

(Like i said investors are positioned for more upside.

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(09-01-2025, 04:32 PM)sgbuffett Wrote: [ -> ]Up another 13% since last update at 30.5cts 

(Like i said investors are positioned for more upside.

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You look at the sell and buy q volume.....so small, no support at all!! One big dump can gap down and go all the way down the long kang
(09-01-2025, 04:39 PM)pinkpanther Wrote: [ -> ]You look at the sell and buy q volume.....so small, no support at all!! One big dump can gap down and go all the way down the long kang

Small caps volume is always not as high as big caps lile Genting.

Volume is good enough for me and it has performeced since i purchased and shared the movment wiith everyone here.

When  event takes place the volume will spike and price move up so much its hard to get in.
(02-12-2024, 01:11 PM)sgbuffett Wrote: [ -> ]This is more a special situation play its not for long term holding or investments. 

Once it is announced you can justvtake the profits.

Up 11% today total 30% gain ahead of various events.
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Profit surge ...

But more to come. Congrats to all who bought.

Note Yeo capital move 3yrs ago. Their next move should come soon.
Nam cheong better lah
Up another  9% today as event gets closer

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