Stock Market PILIPINAS: Empowering the Filipino Investors
Manila Jockey Club, Inc. - Printable Version

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RE: Manila Jockey Club, Inc. - CLY - 10-23-2012

Thanks for your insights stockrsi.

But I think its MJIC that issued shares at 1php each for 2.2B pesos in total and is currently priced at 7.55 per share as of this writing. I don't think they would be able sell all and make a quick buck in a week or so as MJIC is not liquid. Just check the historical data in pse wala pa nga 1 million average value turnover. How long would it take them to sell 2.2 bil worth?

With that, I think the investors are really in for the long haul.


RE: Manila Jockey Club, Inc. - stockrsi - 10-23-2012

(10-23-2012, 10:27 AM)CLY Wrote: Thanks for your insights stockrsi.

But I think its MJIC that issued shares at 1php each for 2.2B pesos in total and is currently priced at 7.55 per share as of this writing. I don't think they would be able sell all and make a quick buck in a week or so as MJIC is not liquid. Just check the historical data in pse wala pa nga 1 million average value turnover. How long would it take them to sell 2.2 bil worth?

With that, I think the investors are really in for the long haul.

Thank you for your reply. Good luck


RE: Manila Jockey Club, Inc. - waterfront - 10-23-2012

they should not be allowed to buy at 1.00 while the stocks closed at 3.29 and 9.00 and sell it immediately on the following day at high market prices ... twisted twisted

it will be a belly, belly clear case of big time swindling at the expense of other investors and they can be put to jail ....... twisted twisted twisted


RE: Manila Jockey Club, Inc. - nosteng - 10-23-2012

Hmmm. Kung walang lock up period baka ganyan nga mangyari pero mahirap mag dispose ng ganun karaming shares. Pwede lang yan i-block sale palagay ko.

So far, humupa na ang selling pressure for both stocks Tongue


RE: Manila Jockey Club, Inc. - CLY - 10-23-2012

wild nanaman ng MJC and MJIC!


RE: Manila Jockey Club, Inc. - migraine boy - 10-23-2012

Ika nga ni Godfather Michael Corleone:

Just when I thought that I was out they pull me back in

Big Grin


RE: Manila Jockey Club, Inc. - waterfront - 10-23-2012

kung walang lock-up period, ibang klase na casino, gaming at hold-up ito ah! ... twisted twisted twisted


RE: Manila Jockey Club, Inc. - CLY - 10-23-2012

paktay ako dito. nahuli sa 3+....wala na ata to pag asa. time to cut the losses


RE: Manila Jockey Club, Inc. - waterfront - 10-23-2012

Bro CLY, please do not cly ... Big Grin Tongue Big Grin

mabuhay ka dito. makalaya ka sa 3+....wala na ata to ikababa. time to make profits ... twisted twisted twisted

ay ambot lang nimo CLY ... Tongue


RE: Manila Jockey Club, Inc. - CLY - 10-24-2012

(10-23-2012, 06:57 PM)waterfront Wrote: Bro CLY, please do not cly ... Big Grin Tongue Big Grin

mabuhay ka dito. makalaya ka sa 3+....wala na ata to ikababa. time to make profits ... twisted twisted twisted

ay ambot lang nimo CLY ... Tongue

Hahahaha. we'll see price action later.