NGSC
BAN JOO -FUTURE PER 8.77X,6.5% LOTTERY REVENUE
Post Reply
101-120 of 711
This one must understand the BBs habit ..... or else .....
The BBs here very tricky .....
An attractive price ..... but have to be very very alert .....
can try your luck at 0.16 now... many people trapped at 0.20-0.24.. so, u are safe..
Hi Bros,
Some one is buying in big volume and advice or views?
Today's low is 0.15... if this floor is penetrated today, tomorrow it may not be so strong any more.
But sometimes, there are bear traps to snook the bearish people. This happens when the price goes below the formation floor briefly and then rebound on strong buying. This is where the breakout is most likely to be...
If this is the case, then one must quickly grab a share of the ensuing "Cheong Arhh" pie..., so as not to lose out... or be left standing to smell the smoke of the accelerating train...
Buying on the breakout may be a better proposition at this time when market gloom still hovers above...
[quote="erni"]Qn is: is the 4m sell Q real?
... it definitely put a damper on the buying ...[/quote]
The sell Q of 3mil is to block to prevent sudden run up and invivte query from SGX...I think can collect or nimble at this stock now..
married deal of 33cts for 3mil is executed.Very soon will push beyond rights price of 32cts right on target.The recent $100mil loan by US fund is without payment of interest on the part of Oculus..that speaks well of the faith and confidence of the Oculus's potential and future room for growth.Besides Oculus still has option to ask for > loans on same terms from the same source..Hydroelectric power is a renewable source of energy and pollution free.Strong buy..short at your own risk but shortist is likely to lose$$
Back to top
Looking at the volume on the chart just now...it is getting thinner.
No sign of uptrend leh.
Need to monitor a few more days.
By looking at the trading volume, the share had corrected and waiting to cheong soon.
PS> After I bought @0.22, it went to high of 0.245... then I waited for it to go higher before selling...
But it didn't go up further than that... it fell back the next day... and when it fell back to 0.22, that's when I promptly dumped it.
I bought @0.22...
then dumped @0.22 (same price) two days later purely by technical trading...
If I had held longer... I would have lost more... now it's doing 0.155...
ban joo ceo is smart, first he go into lottery printing ticket and then to content provider for cctv. lottery is one of the content to be broadcast to reach whole china market. once everything is in order, banjoo is reaping profit like nobody business.
Good story line, held for too long, then price fell further South. Now trying to make more effort to...
what impress me is BANJOO is going into an entire value chain; unlike Lottiv, it is not going into just lottery but also the broadcasting and also the internet service provider of extensive reach...imagine what happens if china people can bet on line!!! Wow, the concept is indeed powerful...In one step, BANJOO is trying to vertically integrate the lottery process...
Sinking feeling.....caused by fear and uncertainty
When nobody expresses interest or when everyone throws in the towel,the stock is cheap as most selling dries up,but there appear a large seller at 16/16.5/17cts..is to collect at 15.5cts.Unlikely the price will drop to 9/10cts any> as BJ is a totally revamped turnaround co diversifying into lottery and broadcasting biz and new or future acquisitons will be synergestic.New mgt as MD and change of financial year end to 30sept and creation of Global Co is not for show only..have faith ..at 15.5cts how much can U lose but upside shd be from here onwards
If you look at the queue at closing, you will see 16m queueing to sell @0.16 and only 1m queueing to buy @0.155...
banjoo, lottvision,genting will be infocus next week.
BAN JOO, with new investors, it has good time of moving upwards. Please look into it again. Invite comments.
many will buy lottery if they can match the lottery result and advertisment over tv. I think Banjoo oso invest in company printing lottery ticket.
Posted: Fri Aug 31, 2007 1:51 pm Post subject:
--------------------------------------------------------------------------------
http://www.goldcoast.com.au/article/2007/08/24/1906_gold-coast-business.html
GOLD Coast businessman Tom Blackhurst has cracked on to the holy grail of the media industry through a deal that will give him an interest in a Chinese television station.
The deal, brokered by Mr Blackhurst, involves Singapore-listed textiles group Banjoo taking over China Civil Media Corporation (CCMC), a television broadcaster that has a reach of 300 million viewers in mainland China.
CCMC is largely a content provider of video programs and operator of the China Central Television (CCTV), China's largest national TV network.
It operates several state-owned and privately owned video-on-demand, internet protocol and digital television channels in China, as well as a Chinese language channel in the US.
Mr Blackhurst, who maintains an office at Ashmore but is based in Singapore, has put up $S5 million ($4 million) for the $S56 million deal which will entitle him to an equity interest in Banjoo.
His ultimate stake in Banjoo will be subject to performance targets achieved by CCMC in the next two years.
Mr Blackhurst will take a hands-on role in the broadcaster's operations as Banjoo continues to diversify its business away from the textiles sector.
"The proposed acquisition further strengthens the company's proposed investment in a lottery business in the People's Republic of China and is an important step of the company's strategy to become the leading internet platform (in China) and across the region," said Banjoo in a statement to the Singapore Stock Exchange.
Mr Blackhurst, who has a diverse business background including television marketing and magnesium mines, said the 'paperless' lottery licence secured by Banjoo earlier this year added significant synergies to the television deal, particularly in light of CCMC's internet-based operations.
"I have the opportunity now to have a gambling licence in China and to have publishing and broadcasting rights in China as well."
can be 300 million people."
Mr Blackhurst said the memorandum of understanding entered into by Banjoo was still subject to regulatory hurdles and conditions that must be met by early November.
Back to top