
ZIWO Holdings Ltd – Update (Lee Kok Joo)
Recommendation: Hold
Previous close: $0.135
Target price: $0.15
 
·              Post 2QFY11 results, we revisit our forecasts. Primarily on concern of the tough operating environment.
·              Cut FY12E estimates by 28%
·              Downgrade to Hold
 
 
Really not my fault :(
All siao market fault :)
I think already very cheap liao, maybe will be supported around 0.190+
warrenbegger ( Date: 29-Apr-2011 21:13) Posted:
|
is there something i dunno  about??such good company with such results kena sold to this price??
omg broke all time low.
Ziwo Holdings Ltd announced that it had consulted with its underwriter, Polaris Securities, and has resolved to abort the proposed Taiwanese Depository Receipt (TDR) Issue due to weak market conditions and sentiments.
http://sgsharemarket.com/home/tag/singapore-company-highlights/
 
like that give what dividends....ocean sky also penny stocks but every year dividend very decent. so stingy. make so much somemore.
GuavaXF30 ( Date: 30-Apr-2011 17:07) Posted:
|
Some Local penny VS China penny dividend Eg =
Ziwo 0.300 1 lots = $2
Mun Siong 0.195 1 lots = $10
My math very  lousy, so u calculate yourself.
yummygd ( Date: 27-Apr-2011 10:32) Posted:
|
0.01 RMB is live S$ 0.002 . Divide by 5. Not even half a cent. But than again, that s why they are called penny stocks.
yummygd ( Date: 27-Apr-2011 10:32) Posted:
|
Ha ha ha, i curse until it fall again. Not my fault :)
warrenbegger ( Date: 27-Apr-2011 18:56) Posted:
|
After my last post on ziwo on 08 mar px is 0.34 and keep falling all the way to 0.29 on 18 mar. Now the avg px is around 0.315 and still havent dual list yet, the CEO of ziwo still afraid of dual list fall of S-shit. This ziwo for my view is better dont touch yet. It can still fall with 1 odds of upside with  3 odds of downside. Better go see other counter for more safety :)
warrenbegger ( Date: 08-Mar-2011 10:15) Posted:
|
this bugger giving dividends at 0.01 rmb can anyone tell how much this is? very very little right.my 5 lots can i even get 10 sing dollars?
This ziwo still got room to drop with not much upside, better go see other counter to be safe.
yummygd ( Date: 08-Mar-2011 10:12) Posted:
|
now march liao.....still haven list yet right? does it mean its over?
ngky71 ( Date: 28-Jan-2011 15:58) Posted:
|
Ziwo Holdings Ltd - results (Lee Kok Joo)
Recommendation - Buy
Previous close : $0.285
Target price : $0.47
 
- Revenue improved 41.8% to RMB513m, net profit improved 22.5% to RMB116.7m
- Growth spurred by strong demand and increased production capacity
- Proposed dividend of RMB0.01 per share
- Buy with target price of $0.47
 
/ps
 
situation like that sigh how to have successful listing...its still on right...now minus liao shit
how come drop so much? cause of delay listing? now market sentiments no good so people run?I think they makin a good move to delay listing(a blessin in disguise) now bear market list now sure no one interested.
Hope the price will improve coming Monday. Gong Xi Fa Cai everyone.
ngky71 ( Date: 28-Jan-2011 17:35) Posted:
|
Thanks for your infos.
xavier26 ( Date: 28-Jan-2011 17:32) Posted:
|
Maybe CK wants you to sell due to this?
ZIWO HOLDINGS LTD.
(Incorporated in the Republic of Singapore)
(Company Registration No.: 200800853Z)
FURTHER ANNOUNCEMENT IN RESPECT OF THE LISTING AND QUOTATION OF UP TO 59 MILLION NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (“NEW SHARES”) INRELATION TO THE PROPOSED TDR ISSUE Reference is made to the Company’s announcement dated 17 January 2011 (the “Announcement”).
All capitalised terms used and not defined herein shall have the same meanings ascribed to them in the Announcement.
Extension of the placement deadline
Further to the said Announcement, the board of directors of the Company (the “Board”) wishes to inform shareholders that the Company has obtained the SGX-ST’s approval and consent to complete the placement of the New Shares by 28 February 2011. The SGX-ST’s approval is subject to the Company having a valid share issue mandate being available and sufficient for the proposed issued
of the New Shares.
Update on the Proposed TDR Issue
The Company has completed and submitted the documentation for the bank account opening and the bank account has been duly setup by the Taiwan receiving bank. At present, the Underwriter is organising plant visits by fund managers and potential investors as part of the IR exercise. The management of the Company is also arranging a visit to Taiwan in February 2011 for roadshow activities.
Further announcement will be made by the Company in relation to the Proposed TDR Issue as and when appropriate.
By Order of the Board
Ting Chun Yuen
Executive Chairman and Chief Executive Officer
28 January 2011
The initial public offering of the Company was sponsored by Stirling Coleman Capital Limited. Stirling Coleman Capital Limited assumes no responsibility for the contents of this announcement.
I no idea la.... how to know we are not MFT or GOD...