Robin Ho Smartrade: rowsley

Showing posts with label rowsley. Show all posts

Thursday, September 14, 2017

Rowsley- Trade Plan On 30 August was Spot On!

On 30 Aug this blog said that Rowsley had formed a strong base between 0.105 - 0115 and is poised for a break to the upside. A break above 0.121 will trigger an acceleration to 0.131. This was actually what happened today. The stock closed low today at 0.124 after hitting at high of 0.132. The macro uptrend of this stock is still intact , a retracement to 0.12 and 0.116 will be at another opportunity for the bull who missed out the last call on this blog.

All posts and charts are for educational and illustration purposes only

Wednesday, August 30, 2017

Rowsley - Consolidating For The Next Leg Up!

After a huge sell down from Albert Hong's unwinding of his shares, it has been building a strong base between 0.105 to 0.115. The biggest block of share overhang remains between 0.119 to 0.121.
A break above 0.121 will trigger an acceleration to resistance 0.131 and 0.145.

All posts and charts are for educational and illustration purposes only

Wednesday, August 23, 2017

Rowsley - Significant Price and Volume spike - Something Brewing?

Rowsley - Huge volume spike today, something brewing? One possible catalyst is the conclusion of the deal to inject Peter Lim's Thomson Medical and TMC into rowsley. Another possible catalyst could be new development from Vantage Bay Medical Hub in Iskandar. Many people may have forgotten that in Nov 2015 , Peter Lim decided to reconceptualise Vantage Bay Integrated Residential/Commercial development into a healthcare and medical hub worth $1.65 billion . Since the Nov 15 announcement we have not heard any more news of this project. Could Peter Lim have in his sleeve a grand plan organise all these assets into a formidable regional health care giant?

The volume and price spike today is very significant, is there a corporate development on the horizon? On the Chart, the stock could have bottomed out at 0.11, its strong support is now at 0.115. Today it tested its most significant resistance at 0.121 to 0.124, if it is able to hold above this levels it should head to next resistance at 0.135 to 0.141. This blog has turned bullish on this stock.

All posts and charts are for educational and illustration purposes only

Friday, July 28, 2017

Rowsley

Albert Hong dumped Rowsley shares relentlessly on the open market dragging down the overall market sentiments. Fortune favors the brave. 0.107 is a long term support and offers a good support. We should expect a decent rebound soon.

All posts and charts are for educational and illustration purposes only

Wednesday, July 26, 2017

Rowsley

Rowsley - Albert Hong dumped his shares on the market dampened the bulls who celebrated their "Victory" when Peter Lim sells his stake of Thomson Medical to Rowsley. Albert Hong who owns nearly 600m shares sold 52m on 25 jul and could have sold more today contributing to the steep drop in share price. The catalysts to stay positive in this stock is still in place until the sales of Thomson Medical and TMC is concluded in about 2 months time. The question of when the stock will start its climb again will depend on when Albert Hong stops selling. The piggy bag bonus strike price at 0.12 and the bonus warrant strike price at 0.09 provides the first and second floor to the share price. This blog will monitor closely to Albert Hong's stock balance for clue of Rowsley share price rebound!

All posts and charts are for educational and illustration purposes only

Thursday, July 20, 2017

Rowsley Goes One Round Cycle After Five Years!

In Dec 2012 Rowsley announced it will issued shares that come with bonus warrant to fund the acquisition of RSP architect. Rowsley shares surged from 7c to 75c with a year. After 5 years, the Remisier King is doing it again by issuing billions of shares to fund the purchase of Thonsom Medical and TMC!

This blog was at in the tick of the action back then and saw how the stock shot up the way he did in Dec 2012 on the first 2 days after the announcement and rest before resuming its uptrend. Will Peter Lim do it again? Don't underestimate the remisier king when it comes to 'Financial Engineering'. Rowsley is already worth 4 Billion based on today's price even before the deal is concluded price.