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RTO?

happyday: where did you get the news it is for real? u got insider info? the SGX website only say they in negotiation with potential investment opportunities leh. if it is INDEED insider info thanks alot for sharing!!!! :)

 

takeover is for real  this time by Crescendas ltd and Banjoo will be converted from a textile co to a construction counter.On may 25 fri,co admitted in reply to SGX that it is in the midst of potential investments.Since Jan -feb  2007 the counter has been traded at 15 to 22 cents and at this level of entry(13 cents) is quite safe.The downside is well supported at 10 cents and after the contra and weak holders are out,Banjoo will move to 18 cents and possibly 25 to 30cents if takeover is true...another Baker or Rowsley in  the making

 

Yesterday, Banjoo broke out of accumulation and "cheonged" fiercely.

Today, it gapped up on good volume.

Technically, tomorrow looks promising...

the early days of a multi-bagger in the making?

 

 

sohguanh... 

In stock market the rumour mill has been known to be a very real thing...

This has been so since time immemorial.. :) 

 

In reply to  SGX query, BanJoo say they are in negotiation for potential new investment. Maybe it is this potential business that spur the share price to new heights! How come ppl got wind of it so fast har? Before the official reply the share price shoot up already. Insider leak?

 

Today, still "cheonged" another +20% on active early trading...

 

Could trade weaker tomorrow as attention is focused on Penguin and Soup. Good Luck!

 

This one appears to be a 'runaway' stock...

...Especially after the strong solid base formed in recent months.

Technically speaking, this kind of base formation is a strong foundation.

 

just saw 1 m being gobbled up. BBs are in play!

 

Moving like Acma where sell queue is slowly eaten up! good luck!

 

wow, saw may 100 lots buy ups, quite tempted to go in. Not vested yet!

 

vol moving in waves today. RTO?

 

Hi guys,

May i know where u all get the RTO news?

 

Think it's time to withdraw sell queues.

 

HLG also can re-look into it?

 

Stocks with restructuring/takeover theme will bounce back into the limelight?

 

That means can also re-look at pennies like Adroit, Startech, etc.

 

Come on, quick quick share share what's up here ?

 

Penny stock Ban Joo tua cheong liao.  Crazy horse like Armarda should have some reaction anytime soon.

 

hi all

i heard some news that a particular company is going to acquire banjoo, is that true?can any senior advise?