Post Reply
1-20 of 43
Consolidate the shares, " Every 2 shares into 1" , then delisted and renamed to " CENTURION CORPORATION LIMITED" FYI
Don't think so.
holocaust ( Date: 09-Apr-2011 18:34) Posted:
|
current profit looks so much better than previously, 11x better
| Date Updated | 31-Mar-2011 | Financial Year | 31-Dec-2009 |
| Current Year Profit (After Tax) $'000,000 |
-0.419 | Previous Year Profit (After Tax) $'000,000 |
-4.576 |
summit about to fly up?
looks like it's about to turn the corner!
08 March 2011
Kong Chee Min
Executive Director
SM Summit Holdings Ltd
45 Ubi Road 1
Summit Building
Dear Sir,
QUERY REGARDING TRADING ACTIVITY
We have noted, and draw to your attention, a substantial increase in the price of your shares today. To ensure a fair, orderly and transparent market, please answer each of the following:
Question 1: Are you aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, might explain the trading?
- If yes, the information must be announced immediately.
Question 2: Are you aware of any other possible explanation for the trading?
Question 3: Can you confirm your compliance with the listing rules and, in particular, listing rule 703?
Please respond immediately via SGXNET. Where appropriate, you may want to request a trading halt or a suspension of trading. Please contact Market Control (or, if you need to discuss the matter, your Account Manager in Issuer Regulation) immediately. Thank you for your cooperation.
We have released this letter via SGXNET.
Yours faithfully
Richard Teng
Senior Vice President
Head, Market Surveillance
Risk Management & Regulation
Notes:
1. Subject to limited exceptions in rule 703, an issuer must announce any information known to the issuer concerning it or any of its subsidiaries or associated companies which is necessary to avoid the establishment of a false market in the issuer’s securities, or would be likely to materially affect the price or value of its securities must be publicly disclosed (rule 703).
2. An issuer must undertake a review to determine the causes of any unusual trading activity (paragraph 20 of Appendix 7.1).
3. An announcement should, among other things, state whether the issuer or any of its directors are aware of the reasons for the unusual trading activity and whether there is any material information which has not been publicly disclosed (paragraph 31 of Appendix 7.1).
4. Your responsibility under listing rules is not confined to, or necessarily satisfied by, answering the questions in this letter.
Kong Chee Min
Executive Director
SM Summit Holdings Ltd
45 Ubi Road 1
Summit Building
Dear Sir,
QUERY REGARDING TRADING ACTIVITY
We have noted, and draw to your attention, a substantial increase in the price of your shares today. To ensure a fair, orderly and transparent market, please answer each of the following:
Question 1: Are you aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, might explain the trading?
- If yes, the information must be announced immediately.
Question 2: Are you aware of any other possible explanation for the trading?
Question 3: Can you confirm your compliance with the listing rules and, in particular, listing rule 703?
Please respond immediately via SGXNET. Where appropriate, you may want to request a trading halt or a suspension of trading. Please contact Market Control (or, if you need to discuss the matter, your Account Manager in Issuer Regulation) immediately. Thank you for your cooperation.
We have released this letter via SGXNET.
Yours faithfully
Richard Teng
Senior Vice President
Head, Market Surveillance
Risk Management & Regulation
Notes:
1. Subject to limited exceptions in rule 703, an issuer must announce any information known to the issuer concerning it or any of its subsidiaries or associated companies which is necessary to avoid the establishment of a false market in the issuer’s securities, or would be likely to materially affect the price or value of its securities must be publicly disclosed (rule 703).
2. An issuer must undertake a review to determine the causes of any unusual trading activity (paragraph 20 of Appendix 7.1).
3. An announcement should, among other things, state whether the issuer or any of its directors are aware of the reasons for the unusual trading activity and whether there is any material information which has not been publicly disclosed (paragraph 31 of Appendix 7.1).
4. Your responsibility under listing rules is not confined to, or necessarily satisfied by, answering the questions in this letter.
any new why this burger kena halt. izit good news. takeover, dual listing, blah blah blah ...
Wish you good luck. April is a tricky month. When u buy at 0.065 i can be sure you sure will profit. Nw risk is higher.
carsem ( Date: 05-Apr-2009 11:42) Posted:
|
Nevertheless, if you buy now and sell before XD (before 6 May)..... You still can earn some kopi money. I believe this counter still got uptrend potential.....Share price is $0.105 with $0.04 dividend.....you still get back about 40% return and 60% for investment. Hence, This counter will easily hit to $0.15 before XD as STI index is really strong rally recently..... I have already bought 100 lots at $0.105 and planning to sell at $0.15 once it reach the $0.15. Common sense, the price will drop sharply after XD
personally i tink abit late liao..
maybe start a thread on high dividend pay out.. so that when forumer notice a very high dividend payout from companies, we can get in earlier b4 the price rises.. after XD, dump immdiately, i tink still can earn..
carsem ( Date: 04-Apr-2009 17:13) Posted:
|
Normally, this counter will be heading north before Ex-date. It is good to invest if you hold this stock for long term investment...... Current market price is $0.105 with $ 0.04 dividend given.... I believed this counter will be rising about 20% again before Ex-date....Good luck for those vested !
ya agreed. i tried once with k1 which end up losing as i didnt want to hold for long.
But if this one is bought at 0.06 i tink the fall back wont be that big to become 0.005.
Missed it liao..
knightbridge ( Date: 02-Apr-2009 18:04) Posted:
|
Hi freeme..
Dont chase after div annoucement.. before the annoucement 6 cent now 11 cents ler..
Even have profit also small. but risk of falling is high. Unless u like the stock for long term holding and fit into your portfolio if not no point to punt.. Reserve the bullet for another counter..
Alot of counter still got alot of reserve cash.. Must be patience see whether which major shareholder will need cash and he will push for capital redistribution..
nice dividend but will they fall hard after giving out?
carsem ( Date: 02-Apr-2009 17:10) Posted:
|
| SM SUMMIT HOLDINGS LTD |
| DIVIDEND : SGD 0.04 SPECIAL ONE-TIER TAX 18 MAR 2009 |
Good to invest this counter.......
| Ex-date | 06 May 2009 |
| Buy-In Last Cum Date | 11 May 2009 |
| Record Date | 08 May 2009 |
| Date Paid/Payable | May 28 2009 |
this forum has been inactive since dec 2007, anyone can advise if this counter is worth to invest??
This stock have a big hit this morning , y ? Sudden drop !!!
Anyone has news on this?
I was burnt in the Asian Crisis with this share... bought this Summit at high.. think it was 0.63+.... now thinking of cutting lose to do other stocks.
What do you think?
Did you hear me? If you had, congratulations. If not doesn't matter. Try again when there is opp.
This morning I had a good one.
What we are seeing is merely a digestion going on after the announcement on RTO and the terms and conditions. The share spiked from around 45 cts on rumours of takeover and reached 59 cents and fell after the news announced. Quite normal. With holding power, I believe one can seize this opportunity to buy on the cheap.