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any news when the 2nd Qtr result come out?
JES is potentially a take over target by YZJ as YZJ has mentioned it has enough cash to do M&A!
http://www.nextinsight.com.sg/content/view/1321/60/
tchoonw ( Date: 23-Jul-2009 17:26) Posted:
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vol is buliding up...in may, it hit 22c so should expect to touch 20c by next week. yangzijiang has started to signal the move.
doesnt matter...ppl buying now for future recovery...just look at osim, when it was 6c few mths ago, ppl condemned it to hell but now cheong to >50c! so jes may even be a surprised too...
des_khor ( Date: 23-Jul-2009 15:34) Posted:
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NOL will be in lost FY2009 & 2010.
Laulan ( Date: 23-Jul-2009 15:30) Posted:
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SHipbuidling and repair business should be up this qtr or next because oil price stablising and could even go higher. Orders will come in when carriers see economy recovering from woes. Carrier business also tied with this industry and oil. I believe this bugger should go past 20 cents in the next round of chasing for stocks.
Dun think this counter seen bottom yet. Shipbuilding line is still very bad in current situation, might be facing more delay or cancellation of orders....
buy now before it's going to hit above 20c soon!
Some brokers say its ok to buy now. It is too cheap for a company holding billions of dollars in contracts. It is only unfortunate that the Chinese Yuan (RMB) strengthens so much against the US dollars, otherwise this chap can do wonders for your money.
Losing not because of business but because of foreign exchanges. They use USD $ in contracts and when they receive money they convert to RMB because their home base is China. So lost alot of money in exchanges, but they should have hedge against the RMB or US$ whenever they have a contract. Someone must teach them. Cheers but no worry, things can change.
Yap. But scared company suspended leh. Seems a normal thing nowadays for China counters.
freeme ( Date: 16-Mar-2009 17:26) Posted:
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As long as u buy in within ur means i tink should be okie. Many stocks kana shot down so much.. If only I know large capital. i will spread my money into many penny stocks. You will nv know some years later you capital might doubled or tripled..
Lazyhorse ( Date: 16-Mar-2009 17:21) Posted:
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Yeah. Undecided whether to buy more or not. Seems got potential...
6.5 cents and down 90% compared with IPO price @67 cents.
Lazyhorse ( Date: 16-Mar-2009 16:56) Posted:
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My average price is 30 cents. Sigh....not sure whether to whack some more lots or not. Especially when this is a CHINA counter. Any suggestions anyone ??
Thanks.
Thanks.
Sorry, may I know what is BDI and BB stand for ?
AK_Francis ( Date: 14-Mar-2009 15:41) Posted:
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No hurry, perhaps can wait a bit further. Just keep watch on d BDI trend loh. BTW, its CPFIS counter leh.
keepnosecrets ( Date: 14-Mar-2009 15:03) Posted:
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Don't know whether the market is crazy or the shareholders are crazy.
A cursory look at the accounts for the reported financial year shows the NTA is recorded as 147 Cents RMB or 1 Dollar 47 Cents RenMingBi (RMB).
This converts [based on a approx rate of 4.45 Dollar RMB to a 1.00 Dollar Singapore] to 33 cents or S$0.33.
The share is trading at Singapore $0.07 cents which is about 79 percent discount to NTA!
Now got no bullets to spare, else will buy a few lots to keep since oil prices are beginning to move upwards.
Copied from announcement! Think they meant: 28 February 2009, man.
Hope is still there.
The Group still expects to post a net profit for the financial year ended 31 December 2008 (“FY2008”).
Further details of the financial performance of the Group will be disclosed when JES releases its results for 4Q2008 as well as FY2008 by 28 February 2008.
That is tomorrow, Saturday, (of all days!)
So Keep Your Fingers Crossed.