Milo's TA discussion and sharing thread

Sinkie

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So many requests, but now reservist, so a bit out of touch, later reach home after 10 then see got strength or not
 

Sinkie

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Sinkie and milo can TA Geo energy. I jeep it last evening
thanks a lot

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good place to jeep at 35 for double bottom play, recently a few pump and dump spotted, immediate support at 37

just out today

GEO Energy Resources has struck two deals with Indonesia's coal-mining company PT Parisma Jaya Abadi (PJA).

The first is a mining services contract under which Geo Energy's subsidiary PT Mitra Nasional Pratama (MNP) will provide such services to PJA in a specified area of about 150 hectares within a concession area.

PJA holds mining business permits for an area of 5,000 hectares in this concession area in the Kedung Murung and Lebak Mantan Villages, Kota Bangun and Muara Wis District, Kutai Kartanegara Regency, East Kalimantan Province.

"MNP shall receive a service fee of US$2.50 (excluding value added tax) per bank cubic metre for overburden removal. Additional fees shall be chargeable by MNP for services beyond the specified scope of work," said Geo Energy.
 
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Sinkie

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hi can help to ta YHM. Held it a few months ago. Thanks.
:)

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Published September 24, 2013

YHM providing rig in contract worth up to US$183m

YHM Group has secured a contract to provide a semi-submersible rig to a South-east Asia-based national oil company to support its oil and gas activities in the Andaman Sea.

The contract has a value of up to about US$183 million over a three-year period with a two-year extendable option.

YHM, formerly known as China EnerSave, said that it is forming a joint venture company to own the rig. The rig, which will be upgraded and refurbished, is expected to be deployed in the Andaman Sea between end-2013 and early 2014.

The project will be funded by internal resources and bank loans.

YHM is actually partially an owned unit of Ezion.

YHM is a shell company, but now has shown intention to to undertake new businesses in the oil & gas and marine related industry so thats explain the burst. :s8:
 

Milo-Dino

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chinaenv_zps0df7b6d5.png



dukang_zpsace7c01c.png


Milo or sinkie, these valid bo?

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Chinaenv looks about right... the short term uptrend looks intact
Tomorrow's support looks like 47c

Ps: I drew the fibo the opposite way to price prediction purposes :o

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Dukang I not so imaginative of the inverted H/S leh...
But I got a overhead resistance from my previous trendline support leh...

These few days there's a small upward channel if you are going to go swing trade....
 

chensing

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Milo..need yr opinion..I very weak in valuation or calculation stuff


How u calculate the theoretical ex-all price of Rowsley..is my method correct ? as I am confuse becoz hve 2 free warrants for every1 mother share held

say at {60cts market price and 2 free warrants exercisable at 18cts each@x 2} then this whole thing divided by 3 becoz total 3 shares now if we choose to exercise the warrants although in practice very few investors exercise warrants but still expiry unless value in money..the theoretical ex-all shd be (60+18x2)/3=32 theoretical ex-all Rowsley price..i.e the warrant market price should be 14cts (32-18)..market price of Rowsley after ex-all minus the exercise price of 18cts

your invaluable views plse:s13:
 

Milo-Dino

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Milo..need yr opinion..I very weak in valuation or calculation stuff


How u calculate the theoretical ex-all price of Rowsley..is my method correct ? as I am confuse becoz hve 2 free warrants for every1 mother share held

say at {60cts market price and 2 free warrants exercisable at 18cts each@x 2} then this whole thing divided by 3 becoz total 3 shares now if we choose to exercise the warrants although in practice very few investors exercise warrants but still expiry unless value in money..the theoretical ex-all shd be (60+18x2)/3=32 theoretical ex-all Rowsley price..i.e the warrant market price should be 14cts (32-18)..market price of Rowsley after ex-all minus the exercise price of 18cts

your invaluable views plse:s13:
Assume close 60c and monday xb

(60+18+18)/3 = 32c = expected rowsley open price on monday
(32c - 18c) = 14c = expected warrant open price on Monday.
 

ccostagmont

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china env @ 550 ler.
:(
i boh jeep; should haf sold house, sold parents, gahgah hoot when 1tbelton entered @ 325.
 

chensing

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Assume close 60c and monday xb

(60+18+18)/3 = 32c = expected rowsley open price on monday
(32c - 18c) = 14c = expected warrant open price on Monday.

Fyi,the Rowsley's bonus warrants will be traded on 11 Oct 2013

Rowsley A shares are issued to Vantage Bay 30% own by Johore Sultan and also to RSP Architect,normally when theoretically ex-all should be traded higher than 32cts about 38-40cts,,,,when the proposal was announced in Dec 2012 ,Rowsley shot up from 15cts to 18 to 25 and 35cts,before profit taking forced it down to 25cts

Subsequently from March 2013 ,Rowsley stayed consistently above 40cts ,which is more than doubled the price Rowsley was priced at 15cts to the Sultan and RSP Architects..I have a strong feeling the price will hold above 38-40cts or even more,otherwise Sultan and RSP Architects are unlikley to be happy,since the current price of Rowsley is about 60cts,about 4 times of Rowsley's pre-determined 15cts,of course the A shares not entitled to bonus warrants in this case..your views please

:s13:An example was Roxy-Pacific 1 for 4 bonus issue,the cum bonus price was 70cts,after ex bonus theoretical ex price should be (70 x 4)/5=56cts but it remained at 63cts
 

Milo-Dino

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Fyi,the Rowsley's bonus warrants will be traded on 11 Oct 2013

Rowsley A shares are issued to Vantage Bay 30% own by Johore Sultan and also to RSP Architect,normally when theoretically ex-all should be traded higher than 32cts about 38-40cts,,,,when the proposal was announced in Dec 2012 ,Rowsley shot up from 15cts to 18 to 25 and 35cts,before profit taking forced it down to 25cts

Subsequently from March 2013 ,Rowsley stayed consistently above 40cts ,which is more than doubled the price Rowsley was priced at 15cts to the Sultan and RSP Architects..I have a strong feeling the price will hold above 38-40cts or even more,otherwise Sultan and RSP Architects are unlikley to be happy,since the current price of Rowsley is about 60cts,about 4 times of Rowsley's pre-determined 15cts,of course the A shares not entitled to bonus warrants in this case..your views please

:s13:An example was Roxy-Pacific 1 for 4 bonus issue,the cum bonus price was 70cts,after ex bonus theoretical ex price should be (70 x 4)/5=56cts but it remained at 63cts
If you want to put it that way, then it's a waste of time to even do all these calculations.

Why don't you buy more since you are confident that it will stay above the theoretical xd price?

:D
 
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