SunMoon Food   

This Penny caught my eye !!

Watching this too.

Just now got an order done @ 0.003. (602lots)

 

Agree about the 1 lot being a possible enticement/trap.

However, looking back, it was hardly possible to clear the 0.002 buy queue. Recent trading sessions have seen huge volume of 0.002 done, therefore should raise the alert level for those who are vested.

I am vested at 0.002. Watching closely now.

bigmoney      ( Date: 13-Nov-2013 15:56) Posted: There was onbly 1 lot done at 0.001. It's just  a fake/trap to mislead people to sell down at 0.001.

 

Just tested water, got a little bit at .002, queuing up for .001 loading now, then planning to sit and wait...likely to take ages, right? even to get up to selling at .003?

 

There was onbly 1 lot done at 0.001. It's just  a fake/trap to mislead people to sell down at 0.001.

 

0.001 done.

So, not surprising despite perceived good results.

MichaelSchenker      ( Date: 04-Nov-2013 15:09) Posted: It's the opposite. Note opening, high, low is 0.002. That means in order to be a " done" deal, somebody must SELL to the bidder at 0.002. Notice there isn't any 0.003 done. This is not good for this counter, at least for the short term. Once the 0.002 bidders are cleared, the 0.001 will appear and don't be surprised to see 0.001 deal done. aj2invest      ( Date: 04-Nov-2013 15:01) Posted: Pardon my ignorance, but it looks like there's a lot of buying up going on today? Anything in the works?

 

Compare Sunmoon to Digiland, I think Sunmoon has better chance of recovering.

Just look at their business.   It is based on human necessities, food, fruits and groceries, and retailing of fresh fruit drinks.

And now they are able to manage out of the woods, from negative to positive equity.   That means, shareholders can still feel they have some tangibles if the company closes down.   But obviously this company, Sunmoon won't close down.   If it was to close down, it would be closed long ago when their subsidiaries were in heavy debt just before they divorced from them, making it a smart move to save the group and the company.

But never look back, SUNMOON is now slowly gaining grounds to stand on, and very soon, I believe, it will return happiness to loyal shareholders.

Right now, the long selling queue could have some fakes, the million of lots, a firewall to prevent people from buying. But it is ok to wait for future profit announcements as the future seems brighter than before.   Buying Sunmoon now is using 3 pips to buy a 4 pips company.   Long term got chance.   Vested a it at 2 pips. 

 

During then, is there reports of investor coming in or w reports on financial gains/lifted from bankruptcy that makes u decide to invest?

aj2invest      ( Date: 08-Nov-2013 11:45) Posted: Oh, basically I was brand new to stocks and was looking for something i could get greedy with...saw digiland at .002 back then and thought WOW, get in! Just needs to go up one tiny smidge to gimme a good 50% return! So i bought it with no knowledge besides " IT IS SO CHEAP!" Then time went by and it went down to .001, so thought, ROCK BOTTOM, only way to go is up, RIGHT!? Wrong...but still i bought again, enough that if it goes back up to selling at .002, i can make something and get out... Needless to say, i'm still stuck in it hoping to get out without damage...  resurrected      ( Date: 07-Nov-2013 15:00) Posted: I mean I didn't follow

 

Oh, basically I was brand new to stocks and was looking for something i could get greedy with...saw digiland at .002 back then and thought WOW, get in! Just needs to go up one tiny smidge to gimme a good 50% return! So i bought it with no knowledge besides " IT IS SO CHEAP!"

Then time went by and it went down to .001, so thought, ROCK BOTTOM, only way to go is up, RIGHT!? Wrong...but still i bought again, enough that if it goes back up to selling at .002, i can make something and get out...

Needless to say, i'm still stuck in it hoping to get out without damage... 

resurrected      ( Date: 07-Nov-2013 15:00) Posted: I mean I didn't follow. resurrected      ( Date: 07-Nov-2013 14:59) Posted: What did digiland taught u...care to elaborate? Did follow previously.

 

....this one still honeymooning....is it? 

 

I mean I didn't follow.

resurrected      ( Date: 07-Nov-2013 14:59) Posted: What did digiland taught u...care to elaborate? Did follow previously.  aj2invest      ( Date: 07-Nov-2013 14:54) Posted: Not sure if i'm reading it wrong, but...it's trading at .2 cents isn't it? .002 currently i.e. .2 cents or am I wrong? So tempting to buy a big bang of micro-pennies such as this, but Digiland taught me an expensive lesson haha Please assure me this isn t gonna suffer the same fate??

 

What did digiland taught u...care to elaborate? Did follow previously. 

aj2invest      ( Date: 07-Nov-2013 14:54) Posted: Not sure if i'm reading it wrong, but...it's trading at .2 cents isn't it? .002 currently i.e. .2 cents or am I wrong? So tempting to buy a big bang of micro-pennies such as this, but Digiland taught me an expensive lesson haha Please assure me this isn t gonna suffer the same fate??  blurtrader      ( Date: 06-Nov-2013 15:37) Posted: if i didnt read wrong, NAV for group is 0.05cent which is not even a cent.    currently, it is trading at 2 cents, approximately 4 times of its NAV

 

Not sure if i'm reading it wrong, but...it's trading at .2 cents isn't it? .002 currently i.e. .2 cents or am I wrong?

So tempting to buy a big bang of micro-pennies such as this, but Digiland taught me an expensive lesson haha Please assure me this isn t gonna suffer the same fate?? 

blurtrader      ( Date: 06-Nov-2013 15:37) Posted: if i didnt read wrong, NAV for group is 0.05cent which is not even a cent.    currently, it is trading at 2 cents, approximately 4 times of its NAV

 

So much movement, so many trades, why isn't the counter budging?

 

I do hope the future ever bright!!! I've got in another 2 mil sh totalling 3 mil sh.

Something still not too comforting is the gross profit of 13.03 mil incl a writeback of 14 mil. 

new6ie      ( Date: 06-Nov-2013 15:33) Posted: SUNMOON 3rd Qtr results was out yesterday evening.   http://infopub.sgx.com/FileOpen/SMF3Q13Announcement.ashx?App=Announcement& FileID=262782 NAV per share Grp: 5 pips Company: 4 pips  Earnings per share Grp: 4.1 pips Coy: 3.8 pips    GOOD CHANCE!!!!

 

if i didnt read wrong, NAV for group is 0.05cent which is not even a cent. 

 

currently, it is trading at 2 cents, approximately 4 times of its NAV

 

SUNMOON 3rd Qtr results was out yesterday evening.

  http://infopub.sgx.com/FileOpen/SMF3Q13Announcement.ashx?App=Announcement& FileID=262782

NAV per share

Grp: 5 pips Company: 4 pips 

Earnings per share

Grp: 4.1 pips

Coy: 3.8 pips 

  GOOD CHANCE!!!!

 

px moved dn to 0.2cts.....so low still BB wants it to go lower.

 

Thanks man, saved myself some long term agony there.

MichaelSchenker      ( Date: 04-Nov-2013 15:09) Posted: It's the opposite. Note opening, high, low is 0.002. That means in order to be a " done" deal, somebody must SELL to the bidder at 0.002. Notice there isn't any 0.003 done. This is not good for this counter, at least for the short term. Once the 0.002 bidders are cleared, the 0.001 will appear and don't be surprised to see 0.001 deal done. aj2invest      ( Date: 04-Nov-2013 15:01) Posted: Pardon my ignorance, but it looks like there's a lot of buying up going on today? Anything in the works?

 

It will take another 3 years at least for SUNMOON to reveal whether it is going to play or not to play in the stock market.

If not playing, it will be a pity for the boss to be burdened and carry all the shares without having a " market" value since it is not worth more than 2 pips. 

 

penny stocks are pretty much game over lah. Its good to know when to call it quits.

Look at second liners for yr end rally