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Agreed with you. I have noticed this too. GongCha is seen in almost every Plaza. Koi has more than 15 outlets, if I am not wrong. I like their drinks too, use to drink everyday whenever I am near any of their stalls. These two are the largest amongst the milk-tea (or bubble tea) business. Another big one just started recently and selling well because of their lower per cup prices. There are 10 others firms coming up too. I know this business originates from Taiwan which is dominated by one firm, that I think is going public soon. Sunmoon only sells fruit-drinks but it also sell fresh fruits, vegetables and dry " groceries" . It is different from the milk-tea business, I think. Quite encouraging that SUNMOON is seen making money these few quarters. However it seems that their debts/liabilities are not drastically reduced yet. I am still watching this counter.
Some small timers are becoming bigtimers in the dispensing drinks market. This business is proving to be a gold mine and many players big and small are coming in for to mine the gold.
SUNMOON was first into the retail drinks market opening up one branch after another, but the cream-milk teas and fruit drinks are coming up even faster, mushrooming in every shopping centre and food shops pavilions.
Sunmoon is coming up with new type of drinks and hope they will compete for the multimillion dollars milk-tea and fruit drinks industry.
SUNMOON was first into the retail drinks market opening up one branch after another, but the cream-milk teas and fruit drinks are coming up even faster, mushrooming in every shopping centre and food shops pavilions.
Sunmoon is coming up with new type of drinks and hope they will compete for the multimillion dollars milk-tea and fruit drinks industry.
Any seniors out there have any thoughts on this penny?
quite a vol today.
This stock issue runs into billions. But hopefully more profits can be made, say net profit of $10 million a year. If this happens, you can see your money grow within 2 years.
Patkeane ( Date: 05-Apr-2012 14:27) Posted:
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Wow !got fresh fund still cannot moves up seems like need to come back another 18years to see this stock see how much...........
I meant, we need a change. Hahaha. Later I will do it.
But still nobody wants to take the lead of buying 0.4 cents for show of confidence. Singapore mentality has been cultured into a confined space of let others do it first. No such philosophy of " if I don't go down to hell to get it, who will?" My own version. Chinese version: " Wo bu lu ti yi, shui lu ti yi?" one sacrificing for the general good. No such thing nowadays due to vigorous training by unscrupulous people in the public and government sectors, I think. We need a break!!
bryancbq ( Date: 05-Apr-2012 10:59) Posted:
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hahaha. have to be daring, but for this kind of counter, just put in what u can afford to " throw away" lo. for the dare-devils who invested in JEL, their profit is like 500-600% in one week.
some people prefer blue chips, but i think those only can buy during crisis. so meanwhile just play pennies lo. hahaha.
u put in how much on this? I think its waiting to move up only. dont know when though. i small player, buy little bit. cos price might not move for very long also. haha.
Sept11 ( Date: 05-Apr-2012 10:41) Posted:
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In the past, this counter was damn sheet, but today it is a different story, that is why investors dared to put in money. Lenders are really very shrewd people. When the sun comes out, they lend you the umbrella and get free rides from you, that's how our systme works.
After taking a look at their income statements, I feel they are beginning to fare better with several quarters of profits though only before interest,taxes, depreciation and amortization ( EBITDA). This is very good sign of progress. Good chance to spike sooner or later. Furthermore their products are real super products and in good demand.
I have only 400 lots, and intend to buy more when it starts to move.
That s why i posted in the oceansky link saying that besides oceansky,i have bet bigger volume in terms of shares and not value.
Meantime,hopfefully next week we can starts collecting profit.Lol
bryancbq ( Date: 05-Apr-2012 10:37) Posted:
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I got friends who spend 20k for this counter, bought @ the price of 0.002, now is almost 50% profit. Damn.
wa! hahaha. i didn't know u are in this as well. hope we huat together then! lol.
hope the current management can pull everything together! ^^
gavinl ( Date: 05-Apr-2012 10:31) Posted:
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How come both of us holding the same shares? Lol.
I got it donkey years ago 2000 lots at average 0.0075.
Will hold it till i die or when it hit 10 cents.
Ha ha ha.
bryancbq ( Date: 05-Apr-2012 10:17) Posted:
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in at 0.3c. =)
big volumn for 3 days already.
something is happening. and that's it.
hope lor.
already sleep for so long. can wake up?
Began to soar with the12M injection as new blood.
JEL also just14M (2B shares @0.007) and now so crazy.
SUMMOOM Announcement Title *
CONVERTIBLE LOAN of 12M AGREEMENT ENTERED INTO BETWEEN THE COMPANY AND AN INTERESTED PARTY, FIRST ALVERSTONE CAPITAL LIMITED, AND SETTLEMENT AGREEMENT ENTERED INTO BETWEEN THE COMPANY, FACT 2006 PTE LTD AND OTHER PARTIES ON 4 APRIL 2012 AND OTHER MATTERS
Wow, woke up from slumber and supported at .3 cents and done .4 cents. This is the most decent company I ever know transparent, down to earth type and people in company are blessed with good karma as they are providing food for healthy living and longevity (study shows garlic attributed to long life). It is also " giving" people an apple a day to keep the doctor away, lol. Cheong ahh for Sunmoon!!
Hi, I haven't been here for quite sometime. How's everybody. Hope you aare all doing well and making big money. LOL
I am now on holiday from overseas and was screening the less the 1 cent stocks, and found my previous stock SUNMOON still languishing less than 1 ct.
There is obviously some interest in SUNMOON. This morning someone or more than one person, is buying at 3 cents per 10000 shares. Think interest will come in soon. Hopefully for alot of brothers stuck in the shares, this share will start to move as soon as possible. Probaly after public trustee (guess only, hor) or retired shareholders completed the massive selling two or three years ago..
Once the sellers finished the selling, the share price should move up if the company announces some good news soon.
Many people scared about indebted companies. From what I know, it was from the past management's debts carried down and this burden was bravely shouldered by the current managements whom I think (the CEO and his staff) have done a tremendous good job of steering the company into profits for last two years and half. If the group maintains profitability for another year or so, and make more money to wipe out the liabilities, we can see the share price moves up eventually benefiting the owners and shareholders.
Important Note: I notice the sell queue continues to get smaller and smaller. Once the sell queue disappears there will be happiness for everyone. Sell volume is relatively small in terms of dollar value of less tyhen $400K, easily eaten up by anyone aspiring to make money from it.