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This Penny caught my eye !!

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iPunter
    03-May-2010 20:07  
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In any case, it should be okay to simply "tikam" (frivolous bet, prepared to lose it) ,

say $2000 on this one by buying 400 lots... Smiley


 
 
AK_Francis
    03-May-2010 17:51  
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Good observance. It had been long time never see -NAV's comment, in d forum liao.

Hulumas      ( Date: 03-May-2010 17:40) Posted:

-ve NAV, we can't expect much!

Laulan      ( Date: 03-May-2010 16:39) Posted:



Normally I will read the report between the lines, haha.  But this round, it seems very real that this is a potential making spinner for me liao.

The board has said that the significant improvement of earnings was the result of business rationalization, better control over raw material procurement and inventory optimization.  Lets see the next quarter and if the good news continue to flow in, then money will flow in too.  Cheers.Smiley


 
 
Hulumas
    03-May-2010 17:40  
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-ve NAV, we can't expect much!

Laulan      ( Date: 03-May-2010 16:39) Posted:



Normally I will read the report between the lines, haha.  But this round, it seems very real that this is a potential making spinner for me liao.

The board has said that the significant improvement of earnings was the result of business rationalization, better control over raw material procurement and inventory optimization.  Lets see the next quarter and if the good news continue to flow in, then money will flow in too.  Cheers.Smiley

 

 
wishbone
    03-May-2010 16:48  
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Some can see it is a GEM while others can see it is a GERM. The difference is only the R


 Whether you see it or not depends on your EYESIGHT.


So which is which depends on what you can see or can not see!!!! Good Luck.

Smiley 
 
 
Laulan
    03-May-2010 16:39  
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Normally I will read the report between the lines, haha.  But this round, it seems very real that this is a potential making spinner for me liao.

The board has said that the significant improvement of earnings was the result of business rationalization, better control over raw material procurement and inventory optimization.  Lets see the next quarter and if the good news continue to flow in, then money will flow in too.  Cheers.Smiley
 
 
Ytrade
    03-May-2010 16:09  
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to each of his/her own. Time will tell...
 

 
iwonder
    03-May-2010 11:26  
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Agreed...this one is gone...it is like rotten fruits.......they tried to be a branded fruit seller.

Avoid



Hulumas      ( Date: 03-May-2010 10:50) Posted:

Gone with the wind! Judging from empty shell won't cost that much, Sgd. 0.005 X total issue share >>> Sgd. 1,700,000.-. So possibiliuty of RTO, Merger and acquisition and other corporate action etc.............. are hardly reached. AVOID!

AK_Francis      ( Date: 03-May-2010 09:38) Posted:



Not bad leh, got takers.

It was under SGX radar since Mar 09. Heng heng, its FY09 returned to Black owing to disposal of subsis etc.


 
 
Hulumas
    03-May-2010 10:50  
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Gone with the wind! Judging from empty shell won't cost that much, Sgd. 0.005 X total issue share >>> Sgd. 1,700,000.-. So possibiliuty of RTO, Merger and acquisition and other corporate action etc.............. are hardly reached. AVOID!

AK_Francis      ( Date: 03-May-2010 09:38) Posted:



Not bad leh, got takers.

It was under SGX radar since Mar 09. Heng heng, its FY09 returned to Black owing to disposal of subsis etc.

 
 
yummygd
    03-May-2010 10:43  
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well its at the lowest a stock can slide...but losses for five years. is iton the watch list for sgx? I think so right?? i think this company can just wait first. though it is at0.005 for its earning (minus e divestment) it is actually a very ex company. i wont know in the future but well can take a gamble i think. if wan to be able to buy alot of stocks might as well look at sapphire.  
 
 
AK_Francis
    03-May-2010 09:38  
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Not bad leh, got takers.

It was under SGX radar since Mar 09. Heng heng, its FY09 returned to Black owing to disposal of subsis etc.
 

 
wishbone
    03-May-2010 09:09  
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Lelong Lelong at 0.005 still not taker??????
 
 
wishbone
    03-May-2010 08:54  
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Be careful Look can be deceiving. No idea whether this is a good stock to buy. Will keep in my radar  screen..  

iPunter      ( Date: 03-May-2010 07:49) Posted:



This sugar candy baobei looks tasty?...Smiley



 
 
iPunter
    03-May-2010 07:49  
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This sugar candy baobei looks tasty?...Smiley


 
 
moneycow
    03-May-2010 01:11  
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Despite  profit for the first time,  ONLY got people want to sell at 0.005 no one bid :)
 
 
wishbone
    02-May-2010 23:01  
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U R right. This makes nonsense.

grandmaster89      ( Date: 02-May-2010 21:18) Posted:

Sunmoon has over 7 billion shares. If it ever reaches 10 cents, the company will be worth $700 million. Does that make sense LOL

Richman      ( Date: 02-May-2010 20:03) Posted:

This one is definitely a good bet.  I would buy 100-Lot

Treat it like buying 4D.  Who knows if headed north and hit 15 cents.



 

 
Andrew
    02-May-2010 21:49  
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It is 10 times cheaper.......

rickyw      ( Date: 02-May-2010 18:30) Posted:

dont buy 5cts company...

Ytrade      ( Date: 02-May-2010 16:25) Posted:

 

SunMoon Food Group Achieves First Profit in Last 6 Years.

This is what caught my eye. I recently vested. I will be continuing to buy some more as other sectors prices do not seem to move up more.

Imagine your bought stock price, 0.005 cents is cheaper than basic earnings per share of 0.082 cents or 0.076 cents on a fully diluted basis. Has global offices and customer base. To me that is enough.

Read on if you are interested. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C4069AB71D873AEE482576D9003B7839/$file/SunMoon_Food_Company_Press_Release_1Mar10.pdf

 



 
 
grandmaster89
    02-May-2010 21:18  
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Sunmoon has over 7 billion shares. If it ever reaches 10 cents, the company will be worth $700 million. Does that make sense LOL

Richman      ( Date: 02-May-2010 20:03) Posted:

This one is definitely a good bet.  I would buy 100-Lot

Treat it like buying 4D.  Who knows if headed north and hit 15 cents.



rickyw      ( Date: 02-May-2010 18:30) Posted:

dont buy 5cts company..


 
 
wishbone
    02-May-2010 20:52  
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BOSAYOR
 
 
rickyw
    02-May-2010 20:46  
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then, is it good to buy?
 
 
wishbone
    02-May-2010 20:22  
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