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I c... Pple fm Sinotel shift 2 Biosensors. Nowonder... ('',)
Heard sm Rich Big Boys kena burn in Sinotel. : (
On e 14-Dec-2009 (Mon), Sinotel was @ 0.68 high & 24,100+ vol. was really v impressive.
Din c any posting fm users, muz b they hv sold all... ('',)
I was set queuing 2 buy 10 lots Sinotel @ 0.62. But my boss suddenly called 4 a short meeting. So I cancelled Q... But later aft I rtned, oredi 0.635 liao... : (
| SGX |
D3W |
Sinotel |
BUY |
0.620 |
10,000 |
6,200.000 |
C |
0 |
10,000 |
18-12-2009 15:33:40 |
-- |
091218934359 |
Cash |
Client |
D3W |
D3W_R |
NH04TND |
-- |
-- |
DAY |
ANY |
Limit |
|
This would be a reasonable n low risk entry point .
Bintang ( Date: 18-Dec-2009 07:22) Posted:
This would a reasonable n low risk entry point .
amilytan ( Date: 17-Dec-2009 23:02) Posted:
| does it mean that, sinotel still in down trend? You will suggest the entry point will be 55.5 cents? |
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Good to enter at $0.63 as DBSV buy call TP:$0.88
Sinotel: BUY, S$0.67; Price Target: S$0.88
Sinotel secures market maker for ADRs
Sinotel Technologies today announced that Hudson Securities
has officially been granted approval by the US financial
industry regulatory authority (FINRA) to act as the market
maker for Sinotel's American Depository Receipts ("ADRs")
with effect from December 11, 2009. This milestone finally
marks the successful completion of Sinotel's ADR journey in
the US. To recap, we had highlighted the potential listing and
trading of Sinotel's ADRs as a key positive catalyst for the
stock in our recent initiation report.
Now that Sinotel has secured the market maker for ADRs, they
can start trading on OTC in US. The ADR provides a platform
for the company to attract global investors as it shields them
from time difference, cross border transaction fees and
currency exchange fees. The availability of the ADRs is likely to
improve trading liquidity, and hopefully, help to reduce its
valuation gap with Hong Kong and New York listed peers.
Thus, we maintain our BUY call, TP unchanged at S$0.88.
DBS 15.12.09
This would a reasonable n low risk entry point .
amilytan ( Date: 17-Dec-2009 23:02) Posted:
| does it mean that, sinotel still in down trend? You will suggest the entry point will be 55.5 cents? |
|
It wun lah... Unless vol. not big.
On e 14-Dec-2009 (Mon) Sinotel climbed 0.68 high. So now BBs purposely use lower price 2 buy back fm those ctr players who hv bot high dat day. Today Sinotel dropping was expected. Wait 4 ctr players step out 1st & BBs'll cm in again...
('',)
amilytan ( Date: 17-Dec-2009 23:02) Posted:
| does it mean that, sinotel still in down trend? You will suggest the entry point will be 55.5 cents? |
|
does it mean that, sinotel still in down trend? You will suggest the entry point will be 55.5 cents?
Thx Bintang... ('',)
Bintang ( Date: 17-Dec-2009 20:33) Posted:
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Hi Bon3260 ,
Sinotel may have completed the technical rebounce by now . To resume the uptrend , its volume done must exceed the last peak at 73.5 cents . Since the recent rebounce in both price n volume could not beat that during last peak , the down trend remains unchanged . Further more there is a gap at 55.5 cents has not fill yet . Sinotel closed today breaking the 10MA at 63 cents , the near term support is at 59 cents . Filling the gap at 55.5 cents must to materialize before a stronger uptrend could be seen .
Bon3260 ( Date: 17-Dec-2009 18:38) Posted:
Hi Bintang,
Is Sinotel gg dwn trend? I was wanted 2 buy @ 0.625 juz now. But due 2 sm personal reasons so I din act...
('',) |
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Hi Bon3260 ,
Sinotel may have completed the technical rebounce by now . To resume the uptrend , its volume done must exceed the last peak at 73.5 cents . Since the recent rebounce in both price n volume could not beat that during last peak , the down trend remains unchanged . Further more there is a gap at 55.5 cents has not fill yet . Sinotel closed today breaking the 10MA at 63 cents , the near term support is at 59 cents . Filling the gap at 55.5 cents must to materialize before a stronger uptrend could be seen .
Bon3260 ( Date: 17-Dec-2009 18:38) Posted:
Hi Bintang,
Is Sinotel gg dwn trend? I was wanted 2 buy @ 0.625 juz now. But due 2 sm personal reasons so I din act...
('',) |
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Hi Bintang,
Is Sinotel gg dwn trend? I was wanted 2 buy @ 0.625 juz now. But due 2 sm personal reasons so I din act...
('',)
SinoTEL has at least 9 Key Competitors in its markets....
ADR does NOT contribute any improvement to SinoTEL's competitive edge....
It is just a gimMICK....
tradersgx ( Date: 16-Dec-2009 23:58) Posted:
Sinotel: BUY, S$0.67; Price Target: S$0.88
Sinotel secures market maker for ADRs
Sinotel Technologies today announced that Hudson Securities
has officially been granted approval by the US financial
industry regulatory authority (FINRA) to act as the market
maker for Sinotel's American Depository Receipts ("ADRs")
with effect from December 11, 2009. This milestone finally
marks the successful completion of Sinotel's ADR journey in
the US. To recap, we had highlighted the potential listing and
trading of Sinotel's ADRs as a key positive catalyst for the
stock in our recent initiation report.
Now that Sinotel has secured the market maker for ADRs, they
can start trading on OTC in US. The ADR provides a platform
for the company to attract global investors as it shields them
from time difference, cross border transaction fees and
currency exchange fees. The availability of the ADRs is likely to
improve trading liquidity, and hopefully, help to reduce its
valuation gap with Hong Kong and New York listed peers.
Thus, we maintain our BUY call, TP unchanged at S$0.88.
DBS 15.12.09 |
|
Wow!!! So when news said Sinotel can buy... So new babies shd noe wat 2 do liao hor...
('',)
tradersgx ( Date: 16-Dec-2009 23:58) Posted:
Sinotel: BUY, S$0.67; Price Target: S$0.88
Sinotel secures market maker for ADRs
Sinotel Technologies today announced that Hudson Securities
has officially been granted approval by the US financial
industry regulatory authority (FINRA) to act as the market
maker for Sinotel's American Depository Receipts ("ADRs")
with effect from December 11, 2009. This milestone finally
marks the successful completion of Sinotel's ADR journey in
the US. To recap, we had highlighted the potential listing and
trading of Sinotel's ADRs as a key positive catalyst for the
stock in our recent initiation report.
Now that Sinotel has secured the market maker for ADRs, they
can start trading on OTC in US. The ADR provides a platform
for the company to attract global investors as it shields them
from time difference, cross border transaction fees and
currency exchange fees. The availability of the ADRs is likely to
improve trading liquidity, and hopefully, help to reduce its
valuation gap with Hong Kong and New York listed peers.
Thus, we maintain our BUY call, TP unchanged at S$0.88.
DBS 15.12.09 |
|
Sinotel: BUY, S$0.67; Price Target: S$0.88
Sinotel secures market maker for ADRs
Sinotel Technologies today announced that Hudson Securities
has officially been granted approval by the US financial
industry regulatory authority (FINRA) to act as the market
maker for Sinotel's American Depository Receipts ("ADRs")
with effect from December 11, 2009. This milestone finally
marks the successful completion of Sinotel's ADR journey in
the US. To recap, we had highlighted the potential listing and
trading of Sinotel's ADRs as a key positive catalyst for the
stock in our recent initiation report.
Now that Sinotel has secured the market maker for ADRs, they
can start trading on OTC in US. The ADR provides a platform
for the company to attract global investors as it shields them
from time difference, cross border transaction fees and
currency exchange fees. The availability of the ADRs is likely to
improve trading liquidity, and hopefully, help to reduce its
valuation gap with Hong Kong and New York listed peers.
Thus, we maintain our BUY call, TP unchanged at S$0.88.
DBS 15.12.09
Wow!!! BBs really save sm funds 4 Genting SP eh!!!
('',)
Bon3260 ( Date: 14-Dec-2009 15:34) Posted:
| BBs need 2 save sm funds 4 Genting SP... |
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Finally they found the market maker....it no longer exists as a grey market....good....let c what kind of perception those Americans have on Sinotel....
getting more exciting by the minute...hehehehe.........
| NOTEL gets a US market maker - at last! |
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Written by Leong Chan Teik
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Monday, 14 December 2009
|
 Ben Ng, speaking at a recent conference in Singapore. He bought 1 m Sinotel shares recently. NextInsight file photo
SINOTEL
TECHNOLOGIES has just announced it has reached the milestone which
investors have been holding their breath for – the appointment of a
market maker in the US for its American Depository Receipts (ADRs).
Sinotel,
during the lunch break today, announced that Hudson Securities has
officially been granted approval by FINRA to be the market maker
commencing from Dec 11.
Based
in New Jersey, Hudson Securities Inc. is a subsidiary of Hudson Holding
Corp. offering a full range of corporate finance and capital market
services.
Hudson Securities inc. is one of the largest
independent trading firms in the United States (“US”) and is currently
a market maker for more than 15,000 US and foreign securities and ADRs.
The market maker can buy shares of Sinotel in Singapore and package them as ADRs for trading by US fund managers.
For the next big step in the ADR journey, see our story here
Ben buys big
BEN
NG, Sinotel Technologies’ VP of corporate communications and investor
relations, is the company’s spokesman especially in the Singapore
investment community.
To countless fund managers and analysts,
Ben has been highlighting the growth prospects of Sinotel, especially
as a result of the 3-G network rollout in China.
Reflecting his
confidence in Sinotel, Ben bought 1 million shares in a married deal on
Oct 30 from executive director Pan Liang.
It was not evident
at first sight that the buyer was Ben, as the name of the buyer in the
announcement to the Singapore Exchange was given as Ng Pak Lim.
Few people know it was Ben but he has confirmed his purchase to whoever who asked, and to NextInsight.
 Lo Fui Chu, executive director & CFO. NextInsight file photo
As stated in the announcement, Ben bought the shares at 60 cents apiece, which was at a discount to the market price then.
To
his dismay, the share price fell to around 50 cents along with the
market correction. But it has since recovered strongly and trades
currently at 67.5 cents.
Ben said he still owns the shares.
Ben is based in Singapore, as is Sinotel’s chief financial officer, Lo Fui Chu,
who is also an executive director of the company. Ms Lo’s shareholding,
as declared to the Singapore Exchange in June 09, stands at 2 million
shares.
She has not sold any of the shares. If she did, she
would have to make an announcement to the SGX, as she is an executive
director.
Recent story: What DBS Vickers says about Sinotel
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BBs need 2 save sm funds 4 Genting SP...
today vol must be higher than last friday and price equal or higher than last friday if not we may see this counter go down further.........hope vol stay higher.....BB not working hard leh.........
Too heavy... Ctr due liao, pple kept selling...
BBs really pumped alot @ Sinotel... Really hard work eh...
