SunMoon Food   

This Penny caught my eye !!

To "qualify" for the watchlist, capitlization < 40 Million Dollars.  Three years loss reporting.  In between there was one year "profit", that was previous to the last reporting.  Some sort of "figure-manoeuvring" (as opposed to figure-manipulating), manoeuvring is a skill though.  Hahaha.

So there you are, SUNMOON not qualified for watchlist. 

Note: Keep it as souvenir, and if Sunmoon and shareholders have the affinity and fortitude, can never tell that they will make the most money....or lose everything...!!

 

It's vol almost 0 most days and still making loss right? Why isn't it get into SGX watch list and suspension? Any idea? I hold it since 2007 and loss big, use CPF some more .... sigh....

 

Your are right, when they want to play then the counter will move.  But I think the biggest concern to overcome is the confidence of investors in the corporate team.  Maybe they don't like some of the veterans there who are either not capable in generating profits from their track records as a listed company director or executives. They might either be old fashioned and not adapted to modern ways of doing business which the company is embarking.  These people could be viewed the stumbling block for investors who dislike redundant directors.. Wait for changes, then you may see the counter moves.  Its new business structure is really improving and the day should come not very long in time.

 

Whah! Finally got ppl notice this counter after sooooooo long.Think this counter is for those who are young and realllllly patient. Bought this counter 2 years plus ago and price still has not change much.Everyday ppl want to sell but nobody buy.Sad.However,when BB decided to play,i m very sure it will shoot up.Meanwhile,just forget about this stock and live life.Hopefully it will bounce back by the time i retire.

 

This is the most ugliest of ducklings.  I don't know whether to slaughter it for its eggs or wait for it to grow up. But opening eyes and visiting their many, many shops to look at the long queue for their products, I decided to wait longer. I wait for the swan to come. Hahaha.

hosucram      ( Date: 02-Jun-2010 22:09) Posted: can someone share your advice/views on this counter? bought 200 lots of it but since then, no trading volume... wonder what will happen to this counter...

 

Please note these comments do not necessary apply to this specific stock.

Like Andrew pointed out, this is a negative asset stock.

iPunter      ( Date: 13-May-2010 07:09) Posted: Counters like this one are the ones that make a lot of money for many people... The secret is all about timing... Buying a penny stock before it charges up is the only way to make significant gains... Buying a stock at the excitingly hot time is sure to "pok!" the buyers...

 

can someone share your advice/views on this counter? bought 200 lots of it but since then, no trading volume... wonder what will happen to this counter...

 

Is it on "ICU" status?

Andrew      ( Date: 13-May-2010 00:49) Posted: This is a negative asset (-NTA) company. The so call profit is due to an exceptional gain in other income.  Without that, it is still bleeding. Auditor say "EMPHASIS OF MATTER" http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_56441B95A4D6FC70482576F5002B10A1/$file/ReportOfTheIndependentAuditors.pdf Shareholder(s)......you know what to do hor.....

 

Totally think so, I just loaded 6969 lots, but going to sell off 69% next week..

gavinl      ( Date: 30-May-2010 15:52) Posted: Same here.I ve got 6000 lots.This is a long term counter,lots of potential.

 

rock bottom price with close to 8 billion shares...... $24 million loans from investors will translate to another 3 billion shares (at 1 cts) and 6 billion shares at (0,5 cts) .....play play with 5k-10k still ok... don't bet fortune..

 

Time will tell for us...

 

Same here.I ve got 6000 lots.This is a long term counter,lots of potential.

 

Hi adobepie, I do not have their key customers info. This is what I have.

http://www.sunmoonfood.com/company.htm

http://www.reuters.com/finance/stocks/companyOfficers?symbol=SMFC.SI&WTmodLOC=C4-Officers-5

fyi.. I currently holds 400lots with the intention to hold and accumulate more in future. I have faith in the management team.

 

Ytrade...do have the profile on summon management team and any idea who are their key customers in here

  

 

Spotlight is on this dog now... DYODD..

 

Counters like this one are the ones that make a lot of money for many people...

The secret is all about timing...

Buying a penny stock before it charges up is the only way to make significant gains...

Buying a stock at the excitingly hot time is sure to "pok!" the buyers...

 

This is a negative asset (-NTA) company.

The so call profit is due to an exceptional gain in other income.  Without that, it is still bleeding.

Auditor say "EMPHASIS OF MATTER"

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_56441B95A4D6FC70482576F5002B10A1/$file/ReportOfTheIndependentAuditors.pdf

Shareholder(s)......you know what to do hor.....

 

I understand...human... ain't like robots... Greed and Fear...

 

well, this one i bought before during super bull run.

well, bought at 1 cents, sold at 2 cents.

dunno why, got stupid n silly people willing to buy this lousy counter at 2 cents.

u know what i mean?

hahahahaha.

i am stupid and silly too. because i bought this at 1 cents.

hahahahahaha......

Ytrade      ( Date: 12-May-2010 23:54) Posted: Guess this dog is having day out today... will she get to see another sun in a blue moon? lawcheemeng      ( Date: 03-May-2010 20:20) Posted: every dog have its day may be really this underdog has it days to come.....hehehe..........

 

Guess this dog is having day out today... will she get to see another sun in a blue moon?

lawcheemeng      ( Date: 03-May-2010 20:20) Posted: every dog have its day may be really this underdog has it days to come.....hehehe..........