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1H06 loss 34M due to exceptional items (17Nov06). NTA then is 9+ cts. Revenue not net income = 6M.
With 1B share float......very difficult to pull.....Trade with caution.
Armarda still profitable and with only a 350M float.....
Monday could see Sun Business testing the 8 cents level first ..... then 10 cents in the coming days.
Accumulation now at 6.5 cents .....
See how Armarda behave ?
Armarda rallied from around the same level as Sun Business current level .....
Sun Business still got lots of rooms for upside .....
Stocks that stayed oversold for too long will break out furiously .....
Just look at Armarda .....
Think Sun Business have been oversold for too long too .....
This one break out already .....
Hope can meet price objective of 12 cents .....
Any news or mere rotational play?
If Sun Business cheong, will Xpress cheong too ?
Are they in the same line ?
A breakout that is as powerful as Armarda.
This wave may bring it towards 10 cents at least.
Watch it's technicals.
Signals are mixed... but this is a penny stock so TA is difficult to apply for this one.
But its volumes are generally low and inconsistent.... TA people should avoid.
But its volumes are generally low and inconsistent.... TA people should avoid.
HELLO EXPERTS,
PLS ADVISE!!
before trading starts, please advise should i average down since i have shares @0.085!! what happens!
Inconsistent volumes and a very very cheap stock. Very prone to fluctuations. Suggest that TA people avoid.
The big lot transaction was done at 6.5 cents.
Some buying interest this morning after somebody grabbed 7966 lots at 9.38 am. I think many would jump in if it can cross 7 cents convincingly.
It is in preliminary discussions with a potential investor, the company said. It did not identify the potential investor.In the meantime, the company will cease any corporate actions currently being undertaken, including its proposed renounceable non-underwritten rights issue.
"Shareholders should note that there is no certainty that any proposal, offer or transaction will result from these events," the company said in a written statement.
My target is 0.15, but very hard to say
how much is this stock worth?
Will this be a hidden gems?
