Centillion^
Centillion...a sinking ship, sinking into deep sea
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SGX should probe such trade worth only $75. Sometimes, it could be manipulation to earn min brokerage.
| Centillion |
C49 |
i |
-- |
SGD |
0.015 |
|
-0.005 |
-25.0 |
5,000 |
29,540,000 |
0.015 |
0.020 |
2,566,000 |
The Board is pleased to announce that it has on 7 August 2009, received the inprinciple approval of the SGX-ST for the listing and quotation of up to 44,252,997 new ordinary shares in the issued share capital of the Company (the “Placement Shares”) to be issued and allotted to the Settlement Vendors pursuant to the Settlement Agreement (the "Placement").
Correction - make it easier - 0.018 refers to 1.8 cents , 0.005 refers to 0.5 cent.
Creditors had agreed to 0.018 cents per share as payment and to undertake subscribing the rights shares at 0.005 cents per share. Too many buyers on sideline waiting to get it cheap, but not many willing sellers. One way is to buy at 2 cents and ave. 30% at 0.005 cents by subscribing to the rghts. With Go Green theme and replacement of hardwares due to new technology, it will make a comeback soon..
I am interested on its (1) recycling (2) raw materials (3) environment friend business model. Now definately is too expensive if we look at its NAV.
Should start looking at this counter. After the rights issue, it will continue its operations and position for growth. Growth come from replacement of electronics with the advancement of new technology, comes with new products -- iphone PC, LED/LCD, Windows 7, etc...
It is still traded above its NAV i.e. Sgd. 0.0064, so I consider too expansive price to buy at Sgd. 0.01, it should be worth traded at about Sgd. 0.005.
Henry$$$ ( Date: 13-Apr-2009 18:19) Posted:
| No way U can lose in this counters at current price unless it bankrupt. It is teh only possibility I can think of.. As long as the company is operated, you sure win with 5 to 10 years waiting period. Please prove that if I am wrong! |
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No way U can lose in this counters at current price unless it bankrupt. It is teh only possibility I can think of.. As long as the company is operated, you sure win with 5 to 10 years waiting period. Please prove that if I am wrong!
it holds up quite well during the market correction, it's very good that it didn't drop to 0.01 while everybody made correction but it stays still at 0.02.. that can be a good news for centillion.
Really? Do you make me happy only? Should I queue buying at Sgd. 0.02 for money cost averaging? Any suggestion?
goldarowana ( Date: 11-Aug-2008 11:06) Posted:
| so, with the recent performance of Centillion, making a profit of $15m, does anyone foresee a turnaround on this counter???? |
|
Bro,
Your news get from where ?
so, with the recent performance of Centillion, making a profit of $15m, does anyone foresee a turnaround on this counter????
It is practically a write-off now... I dumped all at
0.145 a few months back...
0.16...
Impossible to gain back...
This chart looks like it may not raise further... dunno about its FA but TA wise...
<_<
Huh, my average cost price for this counter is still Sgd. 0.16, I have 30K paper loss already, how to rescue it? Any suggestion? Total cut loss or just money cost averaging? Just hold for another four to five years?
uzarngcl ( Date: 18-Jun-2007 22:42) Posted:
Centillion next resistance at 0.185, if breached might go up to 0.2 very quickly as volume is getting bigger. Good luck to all those vested!  |
|
Centillion next resistance at 0.185, if breached might go up to 0.2 very quickly as volume is getting bigger.
Good luck to all those vested!
superboy, guess you miss the boat. You must be missing out on some nice profit. there is still potential for this counter.
today Centillion drop like siao... told you people not to buy this share already. It is a Company in deep deep shit, who with the right mind would want to invest in a sinking ship.
