Myanmar Investments Share Discussion Threads

[haroonm] 16/6/2011 11:26

150k/200k should be buys but i noticed some trades i closed yesterday appearing now, so we can only guess.

also to clarify one point if ftse 5600 does not hold then its all the way down to 5000

[m1tu] 16/6/2011 11:16

150k and 200k looks like buys. last rns, drilling upate, states that all has been passed onto coffey and now waiting for the tonnage estimates (jorc)

[azhardar] 16/6/2011 11:01

mitu 150k and 200k are buys or sells

[azhardar] 16/6/2011 10:56

13 drill holes are currently undergoing analysis in Australia with an additional 14 drill holes either being processed at the Tete sample preparation facility or in transit to Australia.

we not been told about these holes yet... so next news could be result of these holes . mitu correct me if im wrong plz..

[m1tu] 16/6/2011 10:51

its gona be down day for whole market until greece is sorted. but if jorc comes in then bao should be flying although it wont as much it should with the whole market crashing. large buys coming on bao.

[azhardar] 16/6/2011 10:44

just got up and saw red every where as i expected. its best to not look at the screen for few days or untill next week. greece need some grece to lubricate his holes and every things will be ok...

i think we will have another down day tomorrow its friday unless we have jorc news.....

[haroonm] 16/6/2011 10:29

no mitu this greece debacle will not go away, sooner or later it has to be sorted and the only way i see this happening is the european banks/goverments writting off around 75% of all debt. the only problem with that is will it bring down those banks....i dont know but we will find out sooner or later. at present i want bao to deliver so i can close the open positions and then not trade until the end of or beginning of next year. In markets like these the traders normally get screwed....excuse the french.

[m1tu] 16/6/2011 10:18

similar falls happened during japan sunami, fste down to 5600 points then recovered very fast, maybe next week everyone will forget greece and pump money in and recover.

[haroonm] 16/6/2011 10:16

im not sure about 46p however just on pure fundermentals it will be re-rated but at the moment im reluctant putting a price on it. first thing first hold the 28p until the egm.

as for why people are selling bao its a combination of forced sellers where they have to cover other loss making positions and traders closing (fear factor), the others will be the stop loss merchants...if you have one set up then it automatically sells when a share falls to that price.

[m1tu] 16/6/2011 10:07

lot of buys coming on sea, very good support at 28p. i guess when the money comes into account price will be rated upto 46p.

[haroonm] 16/6/2011 10:01

cant keep away had to have a look again with one eye closed....ftse fallen 82points however there is very strong support around the 5600 but that means nothing if we keep more bad news. AIM stocks are taking a battering at the moment everything on average down 5%. market cap for sea in around 19mil, 4 working days until money in the bank, still anything could happen, strong support at 28p and needs to hold until the egm.

[munaf26] 16/6/2011 08:48

I dont know why people are selling i thought the rns was good just got to wait for the results.

[munaf26] 16/6/2011 08:40

your right someone sold at that price 31.45p.

[m1tu] 16/6/2011 08:13

9%? it says 3.6% down on sharescope. maybe you looking at trade price.

[munaf26] 16/6/2011 08:08

looks like it BAO nearly 9% down i should have topped up now i would have got more shares

[m1tu] 16/6/2011 07:54

sea and bao neck and neck....sea down 3.4% bao down 3.6% whos gonna be the bigget loser today.

[m1tu] 16/6/2011 07:49

if greece goes down, lot of other european country going down with it, so i beleive euro wont let greece go down.

[haroonm] 16/6/2011 07:44

it will take a brave person to top up....maybe its good to do as long as its not a t+ trade......im out of here not opening laptop until the market closes.

[haroonm] 16/6/2011 07:42

re.. greece i was saying this a few days ago....i just hope fear does not grip the markets (but it looks like it already has) as i cannot take another 08 style crisis. the problem is how many countries will greece take with them?

[m1tu] 16/6/2011 07:39

better to top up and average down. the market will turn and we will be heading upward soon.

[munaf26] 16/6/2011 07:37

just toppped up a little i had to at this price to bring my av share price down.

[m1tu] 16/6/2011 07:34

sea...down.
bao...down.

better to do 5 tounders on a day like this.

[m1tu] 16/6/2011 07:30

the whole market is down, nothing to worry about, company fundamental hasnt changed a bit, but just improvements.

[munaf26] 16/6/2011 07:24

BAO down by 6% darr is that you selling off again this morning