Sweeswee

HK side trading at $0.255, buy in Spore, convert and sell there. Got buffer !!

Sweeswee

Investing is about taking calculated risks and making forecasts based on current parameters.
That is when "gap" in valuation and price exist. Otherwise, by the time it becomes fact, price also adjusts and there is no more gap to profit from.

davidtan1201

Reply to @Sweeswee : There is one very famous saying: "sell on news"... Maybe the current share price has already factored in the potential gain of $10m (according to you). The share price has already risen, refer to chart attached, it means everyone already factor in this potential earning. So if positive news out, it may cause a sell on news. If negative news out, then the share price will return to the price before it rises.
The time to load is when news that Golden Mile Tower has gone for en-bloc, right now everyone knows the news already, so share price has already risen. Look at the chart. A little too late now. No more meat left.

But no one knows for sure.. maybe it will continue to chiong after news out.. But I feel the time to load is perhaps a few weeks ago which I think u already did :)

davidtan1201

Yes, "IF".... that's the big "IF":)