Artivision - cheong!

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13 years 5 months ago #6146 by Dongdaemun
Replied by Dongdaemun on topic Re:Artivision - cheong!
omg : 11.5 cents
what's a good entry level if I believe in its Advision potential>?

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13 years 5 months ago - 13 years 5 months ago #6157 by Rich
1st time, I see this sort of SGX query. Shows that the stock has been undeservedly pushed up and yet it has good potential if the Facebook app makes good money. Sigh....


Artivision received a request from the Singapore Exchange Securities Trading Pte Ltd (“SGX-ST”) to clarify the Sponsor’s and Directors’ opinions, including the bases, on the followings:
(i) whether the Company can continue as a going concern; and
(ii) whether the trading of Company’s shares should continue.
The company's answer at www.sgx.com
Last edit: 13 years 5 months ago by Rich.

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13 years 5 months ago #6163 by Joes
Replied by Joes on topic Re:Artivision - cheong!
1st time indeed! and 1st time I see a stock rebound so strongly after such a negative query from SGX. now at 17.5 (+4.5 cents) ....!!!!!!

Is this a gambler's stock?

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13 years 5 months ago #6164 by MacGyver
Dear Forummers, I am taking a small bet on this Company. Just bought 200,000 shares. As mentioned, it is a bet. Not investment. Cheers!

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13 years 5 months ago #6166 by MacGyver
Sometimes, you have to ask yourself -- Why is the shareholder willing to put his own money in a Company if he has no faith in what is going to happen. Just my 2-cent worth

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13 years 5 months ago #6167 by Joes
Replied by Joes on topic Re:Artivision - cheong!
MacGyver, it's likely that the shareholder sees the potential, so they pump in money to keep the company afloat. However,
 
a. It's not clear (to me) when the potential can be monetised in a significant.

b. it's possible the shareholder has no choice - this is like a child who is not doing well, but the father has the love & faith to keep believing in  him.
Anyway, i hope yr bet makes money. That  is what the stock market is abt - it's whether you are lucky or not, and the company can be undervalued or overhyped.

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