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Baker has already sold its trailer business and may be buying .oil rig/shipyard related business...it is the cheapest in absolute price for marine stocks
Baker still has hope???
Jade Forum Member Baker will be another Labroy Marine,
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[quote=Suisse]DJ India TRF Inks Pact To Buy 51% Of Singapore Trailer Axle Firm
MUMBAI (Dow Jones)--Indian engineering equipment and systems maker TRF Ltd. (505854.BY) Tuesday said it has signed a pact to acquire about 51% in Singapore's York Transport Equipment (ASIA) Pte. Ltd., a unit of Baker Technology Ltd. (568.SG), for S$16.6 million.
In a statement to the Bombay Stock Exchange, TRF said it also has a call option to buy the remaining 49% of the trailer axles and related components maker on or after April 1, 2010.
-By Tuhin Kar; Dow Jones Newswires; 91 22 2288 4212; [email]
Baker with 15% stake in PPL is likely to revamp completely its reliance on truck & trailer biz and concentrate fully on marine/oil rig biz..ppotentail for upgrade to mainboard and its financial results is expected on first week of Aug.strong buy...cheapest marine/oil rig in the whole SGX
:whats the tp for Baker? Anyone knows?Edg Mag...recently claim TP 45cts
Thks[/quote].,..just be patient..after core biz sold ...may inject > oil rig related co or RTO likely..cheapest oil rig stock below $1..where to get...unlikely to hit 19cts..hve been collecting from 7.5cts 14cts ...16cts ...and 25cts.
Just like Jade and banjoo at 28cts and 16cts..turnaround cos..don't be scarce into that they will drop to 8-9cts....tactics to persuade U to sell cheaply..but must be very patient
Consolidate 24 to 30cts for so >5mths already...should be on uptrend..EDGE magazine TP of 45cts in fact b4 correction shot past 54cts....among the best penny stock to hold for long term .
After Lott Vision and Ban Joo get conned, next one will be Baker Tech....
ppls here should learn the lesson and avoid this counter or short it down.......
Time to Cheong again...
On behalf of happyday posti
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Jade Forum Member
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 Baker will be another Labroy Marine,ST60ctsLT$1.20
[quote=Suisse]DJ India TRF Inks Pact To Buy 51% Of Singapore Trailer Axle Firm
MUMBAI (Dow Jones)--Indian engineering equipment and systems maker TRF Ltd. (505854.BY) Tuesday said it has signed a pact to acquire about 51% in Singapore's York Transport Equipment (ASIA) Pte. Ltd., a unit of Baker Technology Ltd. (568.SG), for S$16.6 million.
In a statement to the Bombay Stock Exchange, TRF said it also has a call option to buy the remaining 49% of the trailer axles and related components maker on or after April 1, 2010.
-By Tuhin Kar; Dow Jones Newswires; 91 22 2288 4212; [email]
Baker with 15% stake in PPL is likely to revamp completely its reliance on truck & trailer biz and concentrate fully on marine/oil rig biz..ppotentail for upgrade to mainboard and its financial results is expected on first week of Aug.strong buy...cheapest marine/oil rig in the whole SGX
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ng on CNA......
Heating up again
bAKER moving again from low 0.46 to 0.49
Comeon heat up baker !!! stay strong at 0.495
grrrr baker at 0.525 day after i unloaded.
sigh story of my stock life... buy and it will go down. sell and it will go up.
juz offloaded at 0.435
i guess we have made a little profit. I am offload now..
hey guys sold mine. sigh a heave of relief.
who knows went up further..
I am not an expert either, so trade with your own risk. BT has TP=45. If you don't need cash in hurry, you can stay but it may take couple of round to reach 44c. Another way, cut loss and invest another stock, but buy wisely for next one.
Just my 2 cents...
Just enter again today, hoping it will recover tomorrow.
hellokitty,
in my humble opinion, you should cut your loss. I have a stop limit of 10% below my buying price. Thus since you purchase yours at 44cents, and its now below 40cents which is beyond the 10% stop limit, it could be wise to cut loss now while its still small.
Just my 2 cents worth.
Not vested.
buy on 0.365/7 for such hot stocks..
Today I only see BB selling and small retailler buying..
So be careful..
BB is very much in the play and the directors is selling their position to get their cash......
ya lor now stuck... any advice?
What made you buy at 0.44?
You should have bought at 0.25...
