Swissco   

C20

I strongly agree with ZHUGE LIANG... C2O find niche area....

 

C₂O rose as much as 50% to a record $0.165, after the printing products distributor said it would buy a property developer firm from industrial equipment supplier Ace Dynamics for $20 million.

Investors going in cheer at a possible change in core business, said a dealer from a local bank.

But the dealer warned that while some firms have recently begun to diversify into the property business, investors may shun the stock if they see that the companies do not have the expertise to carry out the property projects successfully.

 

Start to move already !

 

The Board of Directors of C2O Holdings Limited (the "Board") had announced on 13 October 2006 that, barring unforeseen circumstances, continued growth in revenue is expected for the Group?s distribution and outsourcing services segments for FY2007.

After evaluating the performance to-date, the Board would like to advise that the Group expects to suffer losses in FY2007 as there has been a gross margin decline in its distribution segment and additional operating expenses had been incurred due to the Group?s overseas expansion and higher finance costs for working capital needs.

Further details of the Group's performance will be disclosed in the Group's FY2007 results.

Disclaimer : Just for info only ! Good Luck. Time to take profit !

 

Since after I last posted, the price is 0.065 - 0.07, now the price is 0.08-0.085. I think it is uptrend, what do you all comment on this stock ?

 

The research report I read up base on the Annual journal, their big share holder is Creative Investment, part of Creative Technology, correct me if I am wrong.



Just saw some news that Creative people in Las Vegas's displaying their new Creative products that support Apple iPod. At the same time, check that C20 key person also just return from Las Vegas. Something is cooking up. May be some new products is in the pipeline as C20 is one of the main appointed distributor for Creative products in the region.



Last week in the chinese newspaper, it mention that this counter is Singapore's 10 cheapest stock and still potential to grow. Care to take a closer look. I hold some when it was 0.55c. I think it is still cheap to buy this counter. Good Luck.

 

That is why I rise this posting, it is now equal to same as the par value with IPO at 0.205c and one major shareholder is Creative Technology and Mr. Sim's family if you look back at the history !

 

wah.... I have never seen a stock thats more dead than this one.... most of the time ZERO volume. 

 

Anyone knows why this counter is a dead one? It shows that they pay off dividends each year and is giving out again, I think. Thks.