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  • 2 weeks later...

There are gains to be made from SPNEC AND MONDE 

SPNEC

 

Do you still recall  the 50.7M buy padding at 1.72 (see picture 1) that moved dynamically from 1.70 to 1.72 price, range prior to the original SRO EX-date of SPNEC on July 12, 2022? Where is it no

Here is a little joke about that

SPNECite: Sir L, where is the 50.7M shares buying demand now that I used to see on July 8 and July 11, two trading days before the Ex- date

Sir L: Well, on those dates we were campaigning to get your votes for the SRO. Now that you have voted, its over

From this joke, gains can be made from SPNE

We knew that from a low of 1.50 previously, SPNEC’s price went as high as 1.78 prior to its first SRO EX- date of July 12, 2022.  That is 28 centavos or 19% rise

Since the new SRO EX-date had been moved to August 12, 2022, the same price action if not better will be dealt to SPNEC because at the current price of 1.55 to 1.60, that is too close to the 1.50 possible final SRO price of SPNEC. The SRO would be a hard sell

To maximize gain, you should be patient enough to buy at 1.50 to 1.55 and wait  to sell  two to  three trading days before its SRO EX date on August 22, 2022. I am sure SPNEC’s price will be pumped up just as it did the last time

 

MONDE

 

If you were not pestered by the pesticide issue of MONDE you may have bought along with this group when it was 12.90 to 13.0 as advised. At 14.10, closing price, you could have 1.20 pesos or 9% paper gain already just like the many silent folks here. Did you notice that MONDE is being slurped by Foreign Brokerages in the last 3 days like a pancit canto

And did you know that this may continue to 15.0  level and above

Well, here is the talk in the rumor mill

Ate Betty ANG, owner, and her party, lost their US dollar Billionaire status as reported by FORBES when MONDE’s price tumbled due to the pesticide issue. At 13.04  a share, Ate Betty is way below that coveted billionaire status. That hurts her considering that it is not her own doing to lose such status. At 15 to 16 pesos a share or above, Ate Betty and party secure back their old status and way up more than just billionaires

There is saying that, “hell has no fury over a woman’s scorn”. As a revenge probably, could it be that, Ate Betty and her party are the ones behind these Foreign brokerages’ support and aggressive buying? If so, then Ate Betty and her party had just bought millions of their company shares silently at 13.20 average price and there is no telling when they stop buying to finally put an end to the pesticide issue. If foreign brokerages will keep on buying MONDE, its price may well go up beyond 16 per share

Given that the pesticide problem is just a miniscule problem and that it can be easily solved by having proper manufacturing adjustments and seek a retest, then Ate Betty will not only regain her  USD Billionaire status but will laugh on her way to the bank with those stash of millions of shares bought at 13.0 to 13.50

 

SELL CONVRG 

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