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Buy signal from 3rd May. All indicators looking healthy. Good luck.
Very strong bullish signs for this one.
Sinomem was awarded a 30-year consession to operate a wastewater treatment plant in Jilin Province, PRC and a licence to sell recycle waters to Industrial Users. This was just one of the many good news in 2006.
Goldman Sach (S) Pte Ltd has agreed to buy from Sinomem a converted bond of S$80mn due in 2011 with interest payable only on due date @ 30.5% (ie S$80mn + $24.4mn = S$104.4mn) or converted into 64mn of Sinomem's Ord Share at the initial conversion rate of $1.25/share. You do the maths and decide and I'm sure Goldman Sach know what they're up against! Cheers!
Vested
Sigh... I tried to get into this one today at 1.20 and failed. It's pretty bullish now but I think its overbought now.
This counter got very inconsistent volumes which might explains why it does not respond to A/D or Chaikin. I am not following this counter. If I will to use "GA" on this, I think this counter is bottoming out, "waiting" for any "white knights" to come and "play".
Anyone following this stock? On its downtrend?
Which brokers are covering this water stock