Home
Login Register
DISA    Last:0.001   -

Windfall from Citiraya

 Post Reply 141-160 of 175
 
teeth53
    22-Sep-2006 23:45  
Contact    Quote!


Once CTraya is out, will it be d flavour baby ?? or another Mdr. What will then happen to HeShe then?? very interesting fallout, let Cand C how it goes. What will be will be, am ai alit the boys ??.
 
 
xavien
    22-Sep-2006 23:43  
Contact    Quote!


Thats why coming Mon is the critical time..to sell or to hold..who knows big boys shut up shop..retailers kena teruk ..
 
 
teeth53
    22-Sep-2006 23:37  
Contact    Quote!
Leilong leilong ai lai liao ahh.....30cts ??? the more the merrier, got sales, got volume ahh......I tink tink Heshe the compnay this year must be earning several hundred  X more millions of $$$ then b4, if not how come px shoot over d roof to justify from 9-10cts to18-20 cents, Q? is the company making $$$ or the boss? and his kakis?, if it is d company then workers must be very happy liao.
 

 
teeth53
    22-Sep-2006 20:51  
Contact    Quote!
Just wondering HeShe, isit that Company is making ton of $$$ or making ton of $$$ out of pure speculation??. I think OHL kakis is making and not retailers, just take care while joining them along...(!_!).
 
 
teeth53
    22-Sep-2006 20:37  
Contact    Quote!
Another Natsteel to collect more $$$, oni his kakis know.
 
 
chipchip66
    22-Sep-2006 20:13  
Contact    Quote!


Ya, i wonder if he will really make it into an exciting counter who just loves to change the fortunes of ill-managed companies or he just buy and sell later at a higher profit. After all, he is an astute businessman.If only i know his plans?? ha! ha!
 

 
Nostradamus
    22-Sep-2006 20:01  
Contact    Quote!
Talks spread that Oei Hong Leong is building a stake in the company.
 
 
chipchip66
    22-Sep-2006 19:27  
Contact    Quote!
congrats to those who bought and sold and those bought at a lower price.
 
 
teeth53
    22-Sep-2006 17:27  
Contact    Quote!
Extremely speculative for this counter. Just hope no one get hurt and good luck to those today make ton of $$$, it not for me, wait get heart attack. 
 
 
teeth53
    22-Sep-2006 17:10  
Contact    Quote!
Poor retailers, some one is bound to get hurt by not learning how to let go, more the merry, the higherit does, greed with complacent.
 

 
teeth53
    22-Sep-2006 17:04  
Contact    Quote!
And don tell me bco's CT Raya coming but Hari Raya is coming.
 
 
teeth53
    22-Sep-2006 17:03  
Contact    Quote!
What up Doc !!?? Been corner isit!!?? or someone is trying to corner the stock. look like Sgx watch official after 5 pm will request for explaination and follow up with an investigation liao ,Px went beyond it earning and by 100% profit liao. Sure been corner...by a few big boys.
 
 
Nostradamus
    22-Sep-2006 13:11  
Contact    Quote!


It is sharply higher ahead of the relisting next month of electronics waste recycler Citiraya Industries, which has been suspended from trading since Jan 2005, dealers said.



Heshe in March this year bought a 37.5% stake in Citiraya, and Citiraya's impending relisting has whipped up investor appetite in Heshe, they said.



Trading in Citiraya was suspended in January last year when CAD and the CPIB launched separate investigations into the company. Citiraya last traded at $1.08 sgd on Jan 20, 2005.



In December 2005, Citiraya assistant general manager Ng Teck Boon was sentenced to eight years in prison for corruption.



Ng was convicted in connection with a $1.82m scam in which he bribed staff working with customers of Citiraya. The bribes were part of a ploy to divert unwanted electronic scrap to Citiraya so that the firm could resell it in other markets.



Citiraya was put into judicial management in September last year and in March this year, Heshe, in partnership with Oei Hong Leon, bought a 75% stake in the company for $16.1m.



Heshe and Oei now hold 37.5% stakes each in Citiraya. Their entry into Citiraya has paved the way for Citiraya's discharge from judicial management. A relisting of the company on the Singapore Exchange has been scheduled on Oct 4.



In anticipation of the relisting, investors have accumulating Heshe on the view that the electronics waste recycling business has good potential.



"Citiraya's business is good as long as they (management) behave themselves," a dealer with a local brokerage said.



In fact, in the absence of Citiraya, other electronics waste recyclers have surfaced, including SembCorp Industries unit SembCorp Environmental Engineering, which has reportedly snared Citiraya customers such as IBM, Nokia, Philips, Infineon Technologies and ST Microelectronics.
 
 
Nostradamus
    22-Sep-2006 12:52  
Contact    Quote!
It is hoping to get the green light from Citiraya shareholders on Monday for its restructuring plan.
 
 
teeth53
    22-Sep-2006 10:33  
Contact    Quote!
Anyone wishes to buy now, may have to wait for another 2 cents up and who can tell HESHE and OHL kakis let go, if U r next to them U r very rich liao, if not very poor if U r not with them.
 

 
chipchip66
    22-Sep-2006 10:25  
Contact    Quote!
tKS teeth53 for your well-intentioned advice, i won't go in bcos the price can retreat any time. But in my opinion, it will be played both ways, shorting and catching shortists.
 
 
teeth53
    22-Sep-2006 10:18  
Contact    Quote!
HESHE. This stock been punt and been speculatedby OHL and partner and his kakis, 20cts maybe target, so 18/18 half take profit. my personnal opinion oni hohh.......
 
 
teeth53
    22-Sep-2006 10:13  
Contact    Quote!
If it is like day traders buy and sell the next immediate px of half a cent that ok with better volume, buy high and sell higher, does risk out weight it gain ?? (retailer risk been caught w/o knowing when big boys let go). Ur $$$ Ur decision. Just do get caught, wish U good luck.
 
 
xavien
    22-Sep-2006 10:10  
Contact    Quote!
thats why i've mentioned to reach 0.2 is possible.. cheers..nex week who knows..
 
 
chipchip66
    22-Sep-2006 10:07  
Contact    Quote!


now 18c already!
 
Important: Please read our Terms and Conditions and Privacy Policy .