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This counter is still potential although the net profit is slightly less then SGD 1 million. But it is encouraging from loss to money making.
Main owner has about 70 percent of share issue, so not much play though last two days made to the top volume screen.
Not asking you to buy but can watch, if it can go above 7cents...chiong
ekekeg ( Date: 27-Aug-2008 10:53) Posted:
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Thank you brother for pointing out. I did not read the announcement this morning. It is encouraging, from loss making to profit making. This morning no play yet. Think no big boys interested, or they have not covering their short positions of ard 8 to 10 cents.
I want to watch for some play first.
This counter just released its result last night. Surprised me!. It made a net profit of around RMB 4.7 million.
Recently volumes spiked. Should be having something on, I believe. Anyone with some insider news would care to share? I was trying to dig into this counter. Pretty cheap. Rights issue last year was 3 cents. Seem that spinning off of one of its vested investments to be listed is a potential cash generator.
Cannot get much details as its website is in Chinese which is not my main language. Can anyone enlighten on this counter?
Cannot get much details as its website is in Chinese which is not my main language. Can anyone enlighten on this counter?