Creative Technology Ltd

[Mr.Canberra]

yes correct.

he approach EDB about his invention on the sound blaster card and Mr. Philip Yeo (iirc Chairman of EDB) told him on his face : "who want to listen to music from a PC ?) and think even toothpick zerro Lim xiasuay was there as well.

And the reason why port moved from Tg Pagar to Tuas ish becos they want the area (including keppel club) to develop it to be another business center and most IMPORTANTLY : a 3rd casino. no joke, that was what all moi business associate speculated.

Thanks for the additional details.

I will not be surprised if a 3rd casino is in the making.

Anyway why stop at 2 or even 3 casinos. Build more lah. Make like Macau or Las Vegas like that so shiok.

 

[Kinetic88]

sorry OT abit.

rumous was that The Singapore Turf Club at Kranji was build with a casino in mind, afterall, STC ish operated by the Tote Board, who run the 4D, big sweep and TOTO.

That was a reason why the public car park are so closed to the race course entrance and public can walk under the covered walkway; whereas the horse owners car park a distant away and horse owners had to walk under the sun.

And STC plan ish to demolish the public car park to build the casino at that area, if approved.

iirc STC did apply for a licence to operate jackpot at Kranji race course but was rejected at that point of time.

anw, all these are tiagong only.

 

[Guru88]

Below 7 now...

 

[TrueB1ue]

Think something big is coming.... they push down cause fear...pple scared throw... then they come in...
It always like that.

 

[Guru88]

Think something big is coming.... they push down cause fear...pple scared throw... then they come in...
It always like that.

Then maybe we should accumulate now...

 

[Kinetic88]

recovering.

7.11

 

[Guru88]

recovering.

7.11

...but still down 14% for the day...

 

[spiritGate]

Tmr will Chiong up?

 

[TrueB1ue]

...but still down 14% for the day...

Maybe is healthy techical price coreection...since it up by 10X since $1.20

 

[Mr.Canberra]

Maybe is healthy techical price coreection...since it up by 10X since $1.20

Yesterday I studied the daily chart. Daily RSI overbought.

 

[WoShiPro]

Tried naked short for the 1st time today made some kopi $ and manage to cover back in the same day.

 

[chiokcc]

Co-founder Ng Kai Wa cashes out S$1.8m on Creative shares

Source : http://www.businesstimes.com.sg/com...-ng-kai-wa-cashes-out-s18m-on-creative-shares

 

[Lex1989]

Co-founder Ng Kai Wa cashes out S$1.8m on Creative shares

CREATIVE Technology co-founder Ng Kai Wa has disposed of some of his shares in the technology company in the past few days as share prices ran up to levels not seen since 2007, cashing in on S$1.8 million in the process.

According to a Singapore Exchange filing on Wednesday evening, Mr Ng disposed of 95,650 shares in the company on March 6, receiving S$868,799 in this transaction. On March 5, he also disposed of 104,350 shares amounting to S$939,150.

That brings his current interest in Creative to a total of 2,148,555 shares, or 3.055 per cent.

Creative Technology's shares hit a decade-high on March 5, reaching S$9.77 in intraday trade, before closing at S$8.75. This came after bullish reports about its "3D audio" technology, which is expected to launch mid-2018.

Mr Ng became director of Creative in 2005, and is also chairman and chief executive officer of broadband access IP Telephony supplier InnoMedia.

Creative shares closed at S$7.08, S$1.22 lower, on Wednesday.

 

[peterchan75]

If insider cash out, what's left ?

Can soundcard do mining ?

 

[Mecisteus]

If insider cash out, what's left ?

Can soundcard do mining ?

To be fair, he is still holding a substantial number of shares.

I think he is just taking profit and he believes the run up is too fast.

That brings his current interest in Creative to a total of 2,148,555 shares, or 3.055 per cent.

 

[peterchan75]

To be fair, he is still holding a substantial number of shares.

I think he is just taking profit and he believes the run up is too fast.

That brings his current interest in Creative to a total of 2,148,555 shares, or 3.055 per cent.

There is nothing to be fair or not.
If the price going to $20, Mr.Ng will buy instead of sell.

 

[Lex1989]

To be fair, he is still holding a substantial number of shares.

I think he is just taking profit and he believes the run up is too fast.

That brings his current interest in Creative to a total of 2,148,555 shares, or 3.055 per cent.

Maybe he has limit on selling?

 

[Mecisteus]

Maybe he has limit on selling?

There is no such thing.

Usually insiders will sell gradually. Insiders don't dispose all their shares at once to avoid misinterpretation from the public.

You need to see the rate of sale. If he continues to sell further, then it is a big negative sign.

 

[Perisher]

There is no such thing.

Usually insiders will sell gradually. Insiders don't dispose all their shares at once to avoid misinterpretation from the public.

You need to see the rate of sale. If he continues to sell further, then it is a big negative sign.

Doubt the market would wait for that.
Looks like it will coincide with the red US market and fall big.
DYODD.
2cent.

 

[ccostagmont]

Buy ah buy....

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