
Too good to be true...Sort of and now with so many regulation applied on it term to RTO, think this is another one down the.......but not out yet, till dust is settle.
Can reduce the quantity of new share issue to Mr Ma?
The plans and potential are too good to be true. Let's wait for end Sept to find out more about production and profit forecast.
what happen? substantial shareholder sell share, better let go whatever you have before it is too late.
This is where "The Art of Losing" becomes an invaluable skill...

My earliest trading lesson taught me to cut loss.
As you will never know where the bottom price is.
By the time you knew it, you could have lost 40-50% of your investment.

If those keen investor who wish to invest in solar energy, the one and only counter is Equation now, so far their development is on track.
I think many investor got their finger burn badly in this counter.
This is a classic counter.
1 transaction of 3232 lots Buy-Up @ 21.0c. Then made a phantom queue of more than 10,000 lots in queue @ 21.0c.
Suddenly all disappear within minutes. Trapping those rushing in buying-up @ 21.5c.
ROWSLEY Ltd's reverse takeover by Chinese solar energy firm Perfect Field Investment has been delayed, said the firm yesterday....
I m screwed. Bought this at 33.5cts when this counter was riding high. It touched 41cts and was assuming it will go higher b4 i sell it....then shit happens.........cant sell this off yet....too much loss...any advice???????
avoid this counter at all cost until the next announcement in sept 2007.
From 40 > 20.
ROWSLEY, under Mr Koh, has listed several conditions that need to be fulfilled before the deal can go through.
- The investment firm expects Perfect Field's solar energy facility to produce 100 megawatts by around October.
- Perfect Field must also demonstrate that it has three months of firm orders.
- Another condition is that for the financial year ended June 30 this year, Perfect Field must turn in profits of 70 million yuan (S$14.1 million).
Target may have problem meeting their delivery.
What is the actual bad news.......that lead to the price drop ????
Anyone care to post and share...... What will be the impact......or it is the opportunity to buy at low.....
Mr Lim against sub prime loan, who is stronger?. Mr Lim against negative news, who is stronger?Maybe he will change his mind if target cannot meet his expectation.
This stock is now down 3c... when the STI cheonging to 53+ points now...

When Mr Lim said his investments never fail him, so far, he meant business.
This is the biggest RTO so far, so will he allow this to fail?
Let's see.
after the news, many holding on to the share is getting abit worry. question on their mind, what if the rto fail???????
Not really, range bound moving to +ve B4 taking profit, just sharing my tot...for 27-8-07 (Mon).