$ Elektromotive   

LexiconGrp

Target price 20cts ??? possible , profit expects to grow 60% annually

 

<GOOD NEWS>

PROPOSED JOINT-VENTURE BETWEEN THE LEXICON GROUP LIMITED (THE

“COMPANY”) AND TOM N TOMS GLOBAL HOLDINGS LIMITED (“TNT GLOBAL”) FOR THE

INCORPORATION OF A JOINT-VENTURE COMPANY, TOM N TOMS INTERNATIONAL PTE

LTD

The Board of Directors of the Company (the “

Company had, on 25 August 2009, entered into a joint-venture agreement with TNT

Global (the “

company (the “

coffee, coffee related accessories and paraphernalia, and the operation of coffeehouses

and cafes (the “

Toms Franchise

countries in Eastern Europe and South-East Asia listed in the JV Agreement (the

“Board”) wishes to announce that theJV Agreement”) to incorporate Tom N Toms International Pte Ltd, a jointventureJVC”) for the purpose of undertaking the business of retailingBusiness”) under the Tom N Toms brand, a Korean brand (the “Tom N”), and the marketing and sales of the Tom N Toms Franchise within 21Territories”) (the “Proposed Joint-Venture”).

 

Also, came to know that Lexicon is in a possible reverse takeover. See the Press Release.

Mr Ang explains his rationale for this joint venture, “Although the Group is

currently in the midst of a possible reverse takeover, business is still as usual

and we are continually seeking ways to accelerate expansion and increase

profitability. Regulatory constraints in most Asian countries have made it

difficult for the Group to expand our media business beyond Singapore and

Malaysia. Hence, we are looking to diversify our business into other

operations that are synergistic in nature, such as well-known F&B franchising

and other lifestyle businesses. We are currently looking at other notable F&B

brands using this same business model, and will inform all shareholders of all

developments accordingly.”

 

Transformed to F& B and property businesses .. good news. So follow your post on Ricky Ang's purchase turned out to be a good move..

 

News Release - Lexicon To Diversify Into F&B Business With Renowned Coffee Retailer, Tom N Toms  

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C3CC582CB46C513E4825761D00339E8B/$file/Lexicon_News_Release_25Aug09.pdf?openelement

 

TRANSITION OF THE COMPANY TO CATALIST SPONSOR-SUPERVISED REGIME  

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_62D75A53B3BD00C14825760100342754/$file/Lexicon_Transition_to_Catalist_Sponsor_Supervised_Regime_28Jul09.PDF?openelement

Can anyone explain what this mean & its implication?

 

CONVERSION OF NOTES

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_F2781B1E874E340448257602002FFEB5/$file/Lexicon_Conversion_of_Notes_29Jul09.PDF?openelement

 

Year-end holiday depends on this counter ..bought 1000lots at 2cts and will pick it up next week...

ykjuay      ( Date: 07-May-2009 23:38) Posted: Under heavy accumulation , 2yrs ago b4 the price went up slowly day by day , the process was like today, so for smart investors , juz buy a few hundred lots and u ll see it edges up when it gets hot in volume. That time I bought 200 lots @ 4c and sold @ 10.5c, it went up some more. Stop punting too many counters ,in the end u ll give back all your earnings. It maybe a lousy counter but it can let u go holiday with your family.SPH has some holdings on this stock.

 

Neutral news. Anyway, bought some today.

 

CONVERSION OF NOTES  

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1A57F3A3FC9D6C4B482575CB00137A53/$file/Lexicon_Conversion_of_Notes_4Jun09.PDF?openelement

 

 

will go in at 2cts tomorrow...

 

Ricky Ang Gee Hing, the director purchased 4,000,000 shares at 0.02. Looks like the share is going to move up soon.... lots of consolidation these few days.....

 

 

CONVERSION OF NOTES  

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C32D82F2C592B916482575AF0031EA78/$file/Lexicon_Conversion_of_Notes_7May09.PDF?openelement

 

Under heavy accumulation , 2yrs ago b4 the price went up slowly day by day , the process was like today, so for smart investors , juz buy a few hundred lots and u ll see it edges up when it gets hot in volume. That time I bought 200 lots @ 4c and sold @ 10.5c, it went up some more. Stop punting too many counters ,in the end u ll give back all your earnings. It maybe a lousy counter but it can let u go holiday with your family.SPH has some holdings on this stock.

 

DIVESTMENT OF SUBSIDIARY

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B634D5ECAA145155482575A8003637A2/$file/Lexicon_Divestment_of_Subsidiary_30_Apr_09.PDF?openelement

 

Divestment of Subsidiary  

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_F04856FCC91C2B1B482575A00036E2A8/$file/Lexicon_Divestment_of_Subsidiary_22Apr09.PDF?openelement

 

Notice of a Substantial Shareholder's Interest

http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/8577da0a193100f248257597002dbae1?OpenDocument

 

Did not manage to break 0.02... let's see whether it will break 0.02 tomorrow.

 

Finally, some signs of movement..... wonder when it will break the 0.02 barrier and move upwards to where it use to be....

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.020	25	5,555,000	0	0	5,555,000
TOTAL	25	5,555,000	0	0	5,555,000

 

 

Proposed Acquisition of Zenna Overseas Limited  

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_6B7F7DE03E81CC544825756F00147EFF/$file/Lexicon_Further_Announcement_4Mar09.pdf?openelement