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E-waste recycler
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ChillX
Senior |
28-May-2012 11:48
Yells: "Bleh!" |
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Wah kao... give up on this counter and cut-loss. consolidate, then rights issue almost imediately after... always raising $$ and share price always dipping. Also, no recent news on regarding their Czech operations... dunno whether making money or another failure like in china. | ||||
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viromics
Member |
22-May-2012 15:24
Yells: "Trade for survival not for riches" |
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Hi, Ianong, Kindly give a call on the forum when you decide to buy, I dream the new team who took over the centillion company will be more capable to make profit, many thanks. | ||||
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ianong
Member |
22-May-2012 13:27
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Consolidation is 10 to 1, then rights isssue is 1 for 1 consolidated share at $0.01. Each right share also comes with a warrant to buy a share in future at $0.02. Metech is now at $0.035. Once rights issue confirmed, the price will do down further. I will observe if want to take up. Usually after listing of right shares, share price may fall below rights issue price. I might as well buy from market later on at cheaper price. |
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dowcog
Veteran |
22-May-2012 13:07
Yells: "Don't fight the tape!" |
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no pro.. good luck! |
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viromics
Member |
22-May-2012 12:54
Yells: "Trade for survival not for riches" |
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Thanks, dowcog, I am planning to buy some for retirement, | ||||
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dowcog
Veteran |
22-May-2012 12:41
Yells: "Don't fight the tape!" |
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forgot.. 1 for 10.. so move 1 decimal point for the price after halt... |
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dowcog
Veteran |
22-May-2012 12:38
Yells: "Don't fight the tape!" |
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Metech Int - met.sg |
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viromics
Member |
22-May-2012 11:32
Yells: "Trade for survival not for riches" |
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Hi, Ianong, what is the new name, where to find the announcement? thanks, | ||||
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ianong
Member |
22-May-2012 10:36
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Stupid company! Name change, consolidation and rights issue all at the same time....so messy! | ||||
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stockhunter
Member |
22-May-2012 09:24
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what happen to this stock ? BI Trading restricted to Buying-In market only what is BI means ?any Sifu can tell me ? |
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Patkeane
Member |
23-Mar-2012 16:14
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is it good to consolidate the shares ?? will it give more rooms to drop ?? |
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ChillX
Senior |
27-Feb-2012 09:57
Yells: "Bleh!" |
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Waa.. some joker just bought up 1 lot @0.004. Must really like his/her broker to more or less give the broker free commission. Pity the one who sold it - will now have a very odd lot count... | ||||
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ChillX
Senior |
17-Feb-2012 22:39
Yells: "Bleh!" |
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funny... one day top 30.. another day, very quiet... seems like BBs quietly accumulating. Hope that this is the case and that the stock runs up next week. :) | ||||
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ChillX
Senior |
14-Feb-2012 22:24
Yells: "Bleh!" |
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Haha, I certainly hope it will go up to at least 0.006, so i can recover my capital gain I pumped in 2 years ago. Err.. u watching the correct bourse? Centillion was in the top 30 list a few times over the last week. Not everyday, but definitely would make an appearance. Their U.S. operations are profitable and with their Czech operations due to start contributing income by the next quarter... things are defnitely looking good for this counter.
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louis001
Master |
13-Feb-2012 23:04
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will this be like the mdr ??...from 0.005 to high of 0.01 and now 0.008.. this for only $4000 can get 1-million shares at 0.004...... and if it goes up to 0.008, 100% gain, if that happens....$4000 become $8000.... but it is not in the top 30 vol list......hummmm...
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sentosa0819
Member |
13-Feb-2012 15:07
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0.004 now..positive cash flow 2012....will it go higher?let's see... | ||||
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sentosa0819
Member |
07-Feb-2012 13:13
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centillion 1 for 1 Rights issue....trading volume become bigger n bigger...good sign:) | ||||
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bluesky88
Member |
05-Jan-2012 17:20
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Is this company still in operation? COMPLETION OF THE DISPOSAL OF THE ASSETS EXCLUSIVE TO THE METAL RECOVERY BUSINESS OF ITS WHOLLY OWNED SUBSIDIARY, CENTILLION ENVIRONMENT & RECYCLING (SINGAPORE) PTE. LTD. 1. Introduction The Board of Directors of the Company refers to its earlier announcement made on 4 April 2011 on the asset sale agreement dated 22 March 2011 (the " Agreement" ) entered between its wholly owned subsidiary, Centillion Environment & Recycling (Singapore) Pte Ltd (" CERS" ) and Asia Pacific Metals Refiner Pte Ltd (the " Purchaser" ) wherein CERS has agreed to sell and the Purchaser has agreed to purchase the assets (the " Assets" ) that relate exclusively to the precious metal recovery business of CERS(the " Asset Disposal" ). 2. Material Conditions to the Asset Disposal 2.1 It is a condition under the Agreement that the Purchaser or its nominee enters into an agreement with the Company to:- (a) assume and take over the lease (the " Lease" ) for the Property or (b) sublet from the Company, the whole of the Property. 2.2 The Board of Directors of the Company wishes to announce that the Company as landlord, has entered into a sublease agreement on 03 Jan 2012(the “Sublease Agreement”) with Advance SCT Limited (" ASCT" ) as tenant and DBS Trustee (as trustee of Mapletree Singapore Industrial Trust) as head landlord where the Company will sub-lease the Property to ASCT. Under the Sublease Agreement, the Company shall sublease the Property to the Tenant for a term from 15 August 2011 to 25 November 2013. 3. Completion of the Asset Disposal With the formal execution of the Sublease Agreement, the Board of Directors of the Company are pleased to announce that it has successfully completed the Asset Disposal. 4. Miscellaneous A copy of the Sublease Agreement is available for inspection during normal business hours from 8.30 a.m. to 5.30 p.m. at the registered office of the Company at 65 Tech Park Crescent, Singapore 637787 for a period of 3 months from the date of this announcement By Order of the Board Simon Eng Executive Director and Chairman 3 January 2012 |
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ChillX
Senior |
17-Oct-2011 21:06
Yells: "Bleh!" |
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Sighz... dunno whether to cut loss or just hold and 50/50 see if can recover over next few years... bought a few years ago... see the price also... haiz... Lucky only a few K vested. At least the management seem to be striving to improve the business... | ||||
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sentosa0819
Member |
13-Oct-2011 15:49
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EPA and GSA Tour a Certified e-Stewards Electronics Recycling Business in Worcester/ Company Exemplifies Obama’s “National Strategy for Electronics StewardshipRelease date: 10/11/2011 Contact Information: Paula Ballentine, 617-918-1027 The event today at Metech Recycling Inc. exemplifies EPA’s partnership with industry aimed at promoting environmentally sound management of used electronics, which goes hand in hand with creating green jobs. As a certified e-Steward, the company operates all its facilities in accordance with the most stringent certification standard in the electronics recycling industry. The company employs 221 people, and expects to hire an additional 80 workers over the next 6-9 months to meet increased production demands. “A growing electronic recycling industry has great environmental and economic potential--it makes addressing pollution profitable while also creating green jobs,” said Curt Spalding, regional administrator of EPA’s New England office. “We applaud industry leaders like Metech Recycling. The participation of industry as well as government is essential to the success of this effort.” This event follows the recent voluntary commitment from Dell, Sprint and Sony to promote certified recycling, protect public health, and support best practices in electronics stewardship. Administrator Lisa P. Jackson has also committed the federal government to take specific actions that will encourage the more environmentally friendly design of electronic products, promote recycling of used or discarded electronics, and advance a domestic market for electronics recycling that will protect public health and create jobs. " E-cycling is good public policy and it's good business. Companies all over the country are proving that environmental stewardship can be profitable,” said Bob Zarnetske, regional administrator of GSA’s New England office. “This is an important emerging market and the federal government is here to help this industry grow jobs and improve the way we handle our resources." “I believe we need to continue to foster green-companies, and encourage electronic recycling at the federal level,” said Congressman Jim McGovern. “MeTech is creating a model for other companies to follow: environmental stewardship combined with green-collar job creation.” “I applaud the Obama administration " National Strategy for Electronic Stewardship" initiative,” said Mayor Joseph O’Brien. “As Mayor to a city with a growing green economy and conscious of the impact that waste can have to our soil and water supplies I am proud to have an e-Stewards certified partner and leader as part of our community.” “We are excited to see the federal government embark on this strategy to promote the use of certified electronics recyclers and believe this will help strengthen the industry within the US, allowing it to create jobs while accomplishing its primary goals of recovering valuable material resources and protecting the environment,” said Chris Ryan, President of Metech Recycling Inc. “We make it a priority to be a good corporate neighbor, providing electronics recycling services to the City of Worcester and Worcester State University, among others, and operate programs that support 7 Hills Foundation and Veterans, Inc.” Every year, Americans generate almost 2.5 million tons of used electronics, which are made from valuable resources such as precious metals and rare earth materials, as well as plastic and glass. From computers and cell phones, to portable communication and music devices – United States is, and will continue to be, a global leader in designing and developing new and improved electronic technologies. The responsible management of electronics provides an opportunity to create economic development and jobs by developing a strong domestic electronics recycling market while preventing pollution at home and abroad. As outlined in the strategy report, the federal government will:
· direct federal agencies to buy, use, reuse and recycle their electronics responsibly · support recycling options and systems for American consumers and · strengthen America’s role in the international electronics stewardship arena. GSA is also removing products that do not comply with comprehensive and robust energy efficiency or environmental performance standards – from its information technology purchase contracts used by federal agencies, and are ensuring that all electronics used by the Federal government are reused or recycled properly. In addition, EPA and GSA are promoting the development of new environmental performance standards for categories of electronic products not covered by current standards. Several federal agencies are working together to identify methods for tracking used electronics in Federal agencies to move toward reuse and recycling. A key component of this strategy includes the use of certified recyclers and increasing safe and effective management and handling of used electronics in the United States and working with industry in a collaborative manner to achieve that goal. The collaboration with industry aims to encourage businesses and consumers to recycle their electronics with certified recyclers, and for electronic recyclers to become certified. There are two existing domestic third-party certification recycling entities, R2 and E-Stewards. The electronics recycling industry is increasingly embracing these certification programs. Certified recyclers are regularly audited by these certification entities to ensure that electronics are recycled in a manner that is safe for human health and the environment. As demonstrated in the event at Metech today, EPA continues to work with industry partners and encourages other companies to use certified recylcers to help grow the domestic recycling market, create the green jobs of the future in the United States and educate consumers. |
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