
Yest i dream of abterra hit 1.19.. haha i guess it will only happen in dreams..
But who knows, it become like noble 10 years later become a china blue chip! months ago i see a statistic shows that if one holds 10k of noble shares 10 years ago, it had deliver a 700k+ returns liao. I think only if we have the foresight like that to keep a penny stocks for long time.
hi there, i notices this is your first post using this nick. welcome to SJ
How do you know there is a HALT? the listed company must inform and request to SGX.
SGX website will publish these info. So to get in touch of news you need to read from SGX website.
You bought this stock and immediately it HALT for some announcement.. Haha, I am like you too, i bought on Thursday and read at night with a surprise. However, this type of thing happened often in share market.
We just wish that this news just released become good news for the share price.. Lets see on Monday how the market react.
checkitout ( Date: 28-May-2009 22:51) Posted:
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smartrader ( Date: 30-May-2009 11:19) Posted:
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they also propose acquistion of sunny energy limited..
normally when a company wants to do acquistion, share px will drop abit then after that cheong. But my guess is in such a time, coy aggressively seeking expansion shows a good sign.
Lets see on monday..
assassin ( Date: 30-May-2009 00:30) Posted:
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freeme ( Date: 29-May-2009 22:48) Posted:
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u abit simple minded leh.. nt everything is abt rights.
Abterra successfully acquisted PRC coal mine..
paulr0x ( Date: 29-May-2009 00:00) Posted:
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I think this baby is waking up now. Starting to make money and my target is well above its previous rights of 11.5 cents per share. TP revised to 20 cents. Will hang on until then.
TuaPekGong9413 ( Date: 24-May-2009 22:43) Posted:
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At 0.06 is a defensive buy...next level 0.075...0.09...consider exiting at 0.12.
BUT...may retrace back to 0.04...
loaded 100lots. test water
q1 profit positive.
It is a good counter......should not be so badly battered...

The major shareholders subscribed to the rights at SG$0.115 cent. They could have sold off all the way from 11 cents to 2 cents because of the bear market. I think they are collecting their shares slowly back. They won't lose this. It is also a form of averaging by sell first and then slowly accummulating again.
For the new shares (if consolidated at 20:1) I believe it is possible for it to go to $2.50 to $3.00. Some people will have to even out like they used to do. You need to sell fast when they play up. (Eg. STXPO, JapanLand, etc) because whether the new shares will stay there at $2.50 to $3.00 or not is hard to tell.
Cheers.