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Nw is the time to life up. STI down from - 38 to -14.41
Kudos to Investment..looks like he is the spokesman for happyday...look at Achieva which...Mkt down achieva is up..something definite is brewing..those who bought when it was 20 to 25cts make $ liao..when mkt is up..Achieva will cross 30cts..Achieva has no trading curbs-electronics play cum RTO
tell them to lift curbs lah !! otherwise how to chiong ?? unless eat viagra ?
Is time to Push it Up... Nw maintain at 0.46..
Was wondering how much more $$$ needed to pump up Dr Soh Baby for those poor retailers who bot at a high and got to pay up by T+3 to T+5 when is due to pay up, coming this week alot more is force to cut lost, alot needed to force sell and/or unless those BBs boys pump it prices up above again to 55cents.
Those BBs with deep pocket will buy on a cheap or even cheaper with DOW -150 points down and China hike it interest rate.
Trade at your own Risk, trade with care within mean. Remind oneself don't be greedy...
Just a gentle reminder.....cut and paste from..SJ Forum.
DOW is down by -150 points lehh...... Monday STI down also.
* Alert Admin |
UOBKH yesterday imposed trading restrictions on some local stocks such as Digiland International, Jade Technologies and Rowsley Ltd.
Other stocks included in the brokerage's note to clients are: Ban Joo, BBR Holdings, Centillion Environment & Recycling, Equation Corp, FirstLink Corp, HLH Group (formerly known as PDC Corp), Magnus, Oculus and United Fiber. The list includes Rowsley Warrant and covered warrants.
Market sources see some counters as being very speculative in nature and over-valued. This could have prompted the brokerage to take the action to cut its credit-risk exposure, they reckon.
Brokers generally are more cautious when it comes to exposure to certain penny stocks, a trader told BT. This is especially so when the counters become 'too hot' and have run ahead of their fundamentals.
Since June 1, Jade's share price has leapt 8.6 times to close 47.5 cts last Friday, while Digiland nearly trebled since end-April to end 4 cents/share.
The surge in Digiland's share price was partly fuelled by market talk of a reverse takeover (RTO), which the company later announced in late June.
Investment firm Rowsley was earlier involved in a $2.7 billion RTO, but there are still sceptics out there who feel the company's future prospects remain uncertain. Rowsley closed 37cts (last Fri), up 7 cts recorded from end-March.
Trader told BT that this is not the first time that UOB Kay Hian has imposed such restrictions. 'As clients trade on margins, the brokerage will share part of the risk exposure if it permits trading in those counters,' he said.
Another brokerage, Kim Eng Securities, had carried trading restrictions on Alantac Technology, a contract equipment maker.
Though the houses could not be reached for comment, sources told BT that their relatively stringent credit controls could be because of their linkages to listed entities.
Listed banking group United Overseas Bank holds stakes in UOB Kay Hian, while Kim Eng Securities is part of Kim Eng Holdings.
In contrast, many other private brokerages such as Phillip Securities do not carry such restrictions, one trader claimed.
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Jade recently has Dr Soh + Real Estate + OIL/GAS = $TP?
hey personally i feel Jade has hidden tremendous potential that will be unleased soon why? *only for those with holding power, sorry no contra if contra at your own risk*
with below 3x majors events, do you think Jade will drop to 30c or 20c?
just Jade real estate alone i guess 50c
plus Jade oil/gas 50c
and Dr Soh venture capitalist i give another 50c
so in long term $1 my personal view is very reasonable right? and longer term another augroup $2 who knows?
firstly... recently appointed Dr Anthony Soh was reported on Straits Times to be respectable Venture Capitalist.
*my view -> strong vision and enterprenueship, see item 1 below, his private investment firm Apac Link has acquire Jade google to read more, he'll certainly turn Jade around!
secondly... Jade has incorporated JADE REAL ESTATE <- they're going into real estate and development!
*my view -> big peace of meat in REAL ESTATE
thirdly... Jade has clinched Russian OIL and GAS service contract for USD$1,300,000,000.00
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1. Jade Technologies Singapore Ltd Announces Appointment Of President
Reuters Key Development - 8 Jun 2007 Jade Technologies Singapore Ltd announced the appointment of Dr Soh Guan Cheow Anthony as its Group President with immediate effect.
*Asia Pacific is a company held by private investor Dr Soh Guan Cheow Anthony.
*Asia Pacific Links Ltd agreed to acquire Jade Technologies Singapore Ltd through a tender offer, Asia Pacific Links Ltd Announces Mandatory Unconditional Cash Offer To Acquire Jade Technologies Singapore Ltd
2. Jade Technologies Singapore Ltd Announces Incorporation Of Subsidiary Reuters Key Development - 15 Jun 2007 Jade Technologies Singapore Ltd announced that it has incorporated a wholly owned subsidiary, Jade Real Estate Pte. Ltd., and its principal activity is real estate investment and development.
3. JADE TECHNOLOGIES HLDGS LTD.: RUSSIAN GAS OIL D2 - SERVICE CONTRACT worth usd$1,300,000,000.00
****
above are my personal research google from web, caveat emptor okie
The Company was incorporated in Singapore on 17 October 1980 under the name of Buckbee-Mears Singapore Pte Ltd. Already established as a leadframe manufacturer and precision engineering company in Chicago, Buckbee-Mears expanded its operations to Singapore to support its customers who were gradually moving their plants to Asia. The Company was renamed Interconnics Industries Singapore Pte Ltd in 1984, and adopted the name of Jade Technologies Singapore Pte Ltd in 1987 and to its present name on 8 January 1997.
Jade Technologies Singapore Ltd is a holding company with two wholly-owned subsidiaries, namely, Jade Precision Engineering Pte Ltd (JPE) and Jade Mold Engineering Pte Ltd (JME), both incorporated in Singapore. JPE manufactures leadframes at its two plants in Tuas, Singapore. JME, designs, fabricates and services integrated circuit encapsulation molds for the semiconductor industry in the third plant in Tuas, Singapore.
Approximately 76.2 percent of the shares of Jade are held by SILLC Asia, LLC, a 59.2 percent indirectly-owned subsidiary of Citigroup Inc., a company incorporated in the United States of America with its shares listed on the New York Stock Exchange. The public and a Director hold the balance of about 23.8 percent of Jade shares. |
| 20/07/2007 17:05On Fri 20/7 SGX buy in 229,000 probably for those who short on mon 16/7(T+4)...with 23% free float ie about 195mil available BB will be easier to squeeze the shortist dry in the next few days and Justify Jade's LT price 60cts to $1.00 as CEO Anthony has enough investments/activities to justify Jade's price.STime s report that Jade is a non profitable co what the mkt look at is the future-oil trading ,IT ventures with Innovative Polymers Pte ltd and Township Development..Jade may be upgraded to mainboard status |
Jade still has potential..LT target $1.00..on fri 20/7..229lots naked short..shortist die pain..pain..probably those who naked short on mon16/7..some info on Jade's CEO...Anthony Soh
Guan Cheow Soh, Anthony serves as Non-Executive Director of Cygenics Ltd. Dr. Soh Prior to founding and leading Asia Pacific Venture Capital in several high profile investment transactions, Dr. Soh was a Director of UOB BioVentures, responsible for some key life science investments and the setting up of a new fund and a JV fund with a China venture capitalist company. Previously he was the Senior Vice President of a Hong Kong listed healthcare company responsible for ... evaluation of acquisition/investment in the Greater China Region. Prior to his Hong Kong experience, he was the Regional GM of Havas MediMedia, a global medical communication company. He had earlier founded a medical device company and a medical portal which he sold to the Havas Medimedia group. He has been a successful western-trained physician, an entrepreneur and a senior manager with Multinationals, and brings with him extensive experience and know-how in the healthcare, pharmaceutical and life sciences sectors in the Asia Pacific and Greater China markets. Dr. Soh holds a MBBS (Singapore), PG Dip. Aud. (Australia). More info. at the following link: http://investing.businessweek.com/bu... oldings%20Ltd |
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happyday advise not to short this counter
Dun believe - never will......Don't short...will get killed as most/all contra players out..thir round all make $$$..BBs must push higher.. ...
as U're watching Jade..don't ignore the next gem..Achieva..next week or so move v fast
Latest frotue 17/7 379mil close 47cts H 48.5 L 35
wed 18/7 239mil close 45cts H56.5 L 40.5
thur 19/7 165mil close 46.5cts H46.5 L 34.5(due to panic sellers)
Total vol trade 783mil from tue to thur..means base on last thur and fri 12 & 13july(>550) and highest price of 32.5cts for fri 13July..all/most contra players should be out but at today's price of 47.5cts still making $(T+5day)...Hence at 47.5cts still safe as Jade's has only a paid up 848mil share and free float of 23%only and there is a morartorium placed on recent pte placements..there is still room for upside..Jade past year losses are history..mkt looks at future-oil futuresrefinery,,IT ventures and township development..buy where there is fear ..worst scenario when it was forced/short down to 34.5 on wed 18..a price U're unlikely to get again. Buy at 45 to 47.5cts still safe :P Gd lHappyday..not to worry..
i quite sure if you all willing to COD then ALL brokerage sure wanna do your business. it is when you wanna play first then pay monies which is dangerous. imagine you visit chicken you shiok finish already you no monies pay how? the bouncer whack you leh. for brokerage their bouncers are civilised men in tie and suit and if you delcare bankrupt brokerage cannot get back a single cent and yet still muz pay those suit and tie ppl! if you all do brokerage business you will know why curbing is necessary to protect own interest :)
vickers still not bad, my broker from kimeng can only allow up to $20k worth (about 4lots based on current price) for super volatile stock like jade & banjoo. unless COD, otherwise can't buy. i agree with des_khor, this kind of bull run doesn't happen everyday, must hit while the iron is still hot, once u miss the chance, u probably have to wait for many years.
based on this restrictions, i think the price will be even more volatile next week when margins account due and force selling start. trade with care
$0.80
Can share how to derive your tp?
DBS ViCKERS CAN BUY.. juz got 20 lots
rumour from where?
Its their lost to issue a curb.... ppl will just go other brokerage firm to buy la.. as simple as that...... Jade will definitely Cheong again soon....tp 80c(Rumors)......
Their business motto should be " We dun want our clients to trade hot, high volume stocks" .
