Swissco   

C20

going to tranform to oil n gas bussiness.key personel father is previous ks energy ceo ............not much balance share float in market...maybe you need to have 2nd watch at tis counter..

 

this company is not making profit, trade with care.

 

next on line....another copy of nylet and showy....are u  interested?

 

What a gain!!! Any special news???

 

C2O will issue 162.04m new shares at $0.08 each to the "Investors". It will tap on the expertise of the Investors and use the proceeds to explore business opportunities for offshore and marine activities, which are supplying to the oil & gas, and petrochemical industries. It proposes to obtain a whitewash resolution to be waivered  from the Investors having to make a general offer for the Company.

 

That means it will dilute the shares and prices will slump... As to pay back the two days of losses that other shares has suffered...

 

After halted for 2 days withour trading and missed the great show of MARKET CORRECTION, it's  great news is  :-

C2O HOLDINGS LIMITED (THE "COMPANY") - PROPOSED ISSUE OF 207,500,000 NEW ORDINARY SHARES ("SHARES") IN THE CAPITAL OF THE COMPANY .

If I interpret correctly, the new shares subscription price is S$0.08 as compare to its current trading closed of S$0.32. Can anyone comment and enlighten on this new injection and dilute of the share papers !!!!

 

 

C20 is overweight compare to the previous 5 cents share...

 

Hope this counter will no kana investigation ! Somehing is not right ~~~~~!

 

The run-up is huge and cannot be explained as even the Board of directors is not aware....

 

illogical counter, MOU terminated, directors sells. but keeps going up...

 

C2O HOLDINGS LIMITED - QUERY REGARDING TRADING ACTIVITY

In response to the query from the Singapore Exchange Securities Trading Limited ("the SGX-ST") dated 30 July 2007, the Board of Directors of C2O Holdings Limited ("the Company") wishes to respond, as follows:

Question 1: Are you aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, may explain the trading?

The Company is not aware of any information not previously announced concerning the Company, its subsidiaries or associated companies which, if known, may explain the trading.

Question 2: Are you aware of any other possible explanation for the trading?

We are not aware of any possible explanation for the substantial increase in the price of the shares of the Company.

Question 3: Can you confirm your compliance with the listing rules and, in particular, listing rule 703?

We confirm the Company's compliance with the rules in the Listing Manual of the SGX-ST and, in particular, Rule 703 of the Listing Manual.

By Order of the Board



Peng Ehe Chu
Managing Director and Chief Executive Officer

 

30 July 2007

Mr. Patrick Peng Ehe Chu
Managing Director and Chief Executive Officer
C2O Holdings Limited
49 Jalan Pemimpin
#06-01 APS Industrial Building
Singapore 577203

Dear Sir,

QUERY REGARDING TRADING ACTIVITY

We have noted, and draw to your attention, a substantial increase in the price of your shares today. To ensure a fair and orderly market, please answer each of the following:

Question 1: Are you aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, might explain the trading?
- If yes, the information must be announced immediately.

Question 2: Are you aware of any other possible explanation for the trading?

Question 3: Can you confirm your compliance with the listing rules and, in particular, listing rule 703?

Please respond immediately via SGXNET. Where appropriate, you may want to request a trading halt or a suspension of trading. Please contact Market Control (or, if you need to discuss the matter, your Account Manager in Issuer Regulation) immediately. Thank you for your cooperation.

We have released this letter via SGXNET.

Yours faithfully



Elsie Chua
Vice President
Head, Market Surveillance
Risk Management & Regulation

 

After one director sell off 1 million shares, this counter escalates upwards and instead going down, something very ilogical. Be careful.

 

C20 Holdings and Ace Dynamics have mutually terminated their Memorandum of Understanding for the latter to sell Green Aces Development to the former.

Both parties were unable to reach an agreement on the definitive terms of the proposed acquisition.

The stock was last done at S$0.23, up 23.7%.

 

Did anyone short it, I did it at S$0.23, now buy back at S$0.21.

 

The Board of Directors of C2O Holdings Limited (the "Company") announced on 18 April 2007 that the Company had entered into a memorandum of understanding (the "MOU") with Ace Dynamics Limited ("Ace Dynamics") relating to the purchase by the Company from Ace Dynamics of 2,300,000 ordinary shares representing 100% of the issued share capital of Green Aces Development Pte Ltd, a wholly-owned subsidiary of Ace Dynamics (the "Proposed Acquisition").

The Board of Directors of the Company wishes to announce that upon further negotiations with Ace Dynamics, the parties are unable to reach agreement on the definitive terms for the Proposed Acquisition. The parties have today entered into a termination agreement to mutually terminate the MOU. Accordingly, the parties will not proceed with the Proposed Acquisition.


By Order of the Board



Peng Ehe Chu
Managing Director and Chief Executive Officer

 

Refer to the post on 19/4, where it entered into a MOU to buy 100% of Green Aces Development. They have decided to terminate the MOU.

 It may be a good thing as C2O has no experience in property development.

 

C2O Holdings - More losses than reported -------------------------------------------------------------------------------- Serene Lim, 05 Jun 2007 C2O Holdings says its net loss for FY 2007 has been adjusted to S$3.075 mln. This is after it reviewed the need to adjust the carrying value of certain smart-phone inventories downwards by S$1.182 mln. This was due to it reducing the selling prices of these phones to sell them in large quantities to some of its larger customers. The company wants to seize the opportunity to clear the smart-phone inventories, which selling prices are likely to decrease over time. It also anticipates that the market will be flooded with competing products, which will lead to further price erosion. The stock was last done at S$0.15, down 6.2%.

 

I think better run first!!

 

It is in the process of accumulation, can take a serious look at this one. At current price, 0.18 to 0.19, I think it is still cheap, it is among one of the cheapest stock in the market. It is getting some awareness and slowly getting warm up. Can still catch the wave. Good Luck.