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GK goh has a trading call for this counter with a target price of .285. Cut loss at .15.
it has trend up for the past few weeks hitting a low of .15 before heading up to current level. Can consider accumulating for those seeking some bucks.
Small cap counter are in the focus now....
this is a counter that i have been following..it reached a low of 0.10 before heading up to 0.13 and its support very well. the last support is at 0.175. this could be a breakout. i would accumulate more.
have a good feeling for this counter...keep a look out...
Obtained from Annual report Dec2006
The Group revenue closed US$121 million in 2006 compared to US$126 million in the previous year,
representing a 3.9% decrease. After taxation, the Group recorded a fi nancial year loss of US$2.9 million in
2006. Nevertheless, in real terms, not taking into account the recognition of US$5.7 million ?impairment
of goodwill? loss, a non-cash fl ow item, we would have achieved profi t after taxation of US$2.8 million.
This achievement is all the more signifi cant taking into account the challenging semiconductor industry
in which we found ourselves. Due to prudent fi nancial management, the Group has maintained a strong
cash fl ow position with a cash reserve in excess of US$13.7 million
Credit Suisse and World Alliance Capital has purchased more shares in May07. Credit Suisse has 5.27% and World Alliance Capital has 11.06%.
18.5c with good vol. Could be a real breakout.
inching up little by little...
nucleus should be maintained at sight....anyone out there know the target for this penny stock.....penny stock is currently in play. this counter has been benefitting from it..reckon once it breakout of .175, it should move to a new 52 weeks high...
:).
I agreed, this counter has been moving up slowly and now consolidating at 0.16. I reckon and hope it will rocket up next week.
there have been lots of transection made at 0.14-0.145. does anyone know what is cooking?