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No choice when everyone run, everyone lost, but but it seem today closing....unchanged. Today 0.14ct is holding it up. Hope for a better day to come....Ya.
| Dayen | 0.140 | 0.140 | 0.000 | 0.0 | 21,739,000 | 160,000 | 0.135 | 0.140 | 1,089,000 | 0.155 | 0.125 |
| Time | Last | Volume | Bid/Ask |
| 17:05:00 | 0.140 | 1,151,000 | X |
Traded Summary:
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 0.125 | 28 | 3,503,000 | 2,710,000 | 0 | 793,000 |
| 0.130 | 33 | 3,357,000 | 2,460,000 | 0 | 897,000 |
| 0.135 | 66 | 3,908,000 | 1,120,000 | 0 | 2,788,000 |
| 0.140 | 25 | 4,782,000 | 2,429,000 | 1,566,000 | 787,000 |
| 0.145 | 42 | 2,355,000 | 1,591,000 | 0 | 764,000 |
| 0.150 | 75 | 2,790,000 | 1,444,000 | 0 | 1,346,000 |
| 0.155 | 47 | 1,044,000 | 0 | 0 | 1,044,000 |
| TOTAL | 316 | 21,739,000 | 11,754,000 | 1,566,000 | 8,419,000 |
guessing that popiah king may come out telling us, haha... making popiah is more profitable.
better pump money back into old trade. china eat lots of popiah every year. he could become popiah emperor soon. haha
must wait popiah king make announcement,,,,,,he was selling at hight price but still hold quit alot in tis laosai stock,,,,,,,he lost BIG MONEY even he run first,,,,,,,,,,,,,,,i think hegoing to take action soon,,,,,stay slideline wait for popiak king come out say someting,,,,,,,,,,,,,,,,,,
More as an investor egg and chicken situation, where else, traders has news reaching their ears faster then...
Most traders may has sold off faster their clients interest during the sell down on news of convertable bond issue and now is buying back in big volume.
The counter has over d past three weeks, has lost about 2/3 of its trading value. Given d adverse market sentiment, investors are taking no chances over possible dilution of their interest in Dayen's when d bonds are issued, overall trading prices should be more stable now after it has more or less converted, but going back to it hay day prices is a very difficult up hill task and require much more effort from insider.
High risk, high gain....since June 30th (Mon), 2008. Trading prices has since drop by at least 50%from a high of 25ct - 26ct, now recovering and closed it trade at..... It opened and closed off at 0.14ct after touching a low of 11.5ct. Trading prices should be more stable after d issue.
| Dayen | 0.140 | 0.140 | -0.015ct | -9.7% | 30,779,000 | 50,000 | 0.135 | 0.140 | 724,000 | 0.140 | 0.115 |
Some BBs is playing it up, after selling it down...since news has published it out in d Straits Times today, due to reason of lacking insider support and on trader noted thatd crash in Dayen's trading share prices co-incided with it proposed S$50 million convertible bond issue by d company to Pacific Capital InvestmentManagement.
| Time | Last | Volume | Bid/Ask |
| 17:05:00 | 0.140 | 1,017,000 | B |
| 16:58:23 | 0.130 | 50,000 | A |
| 16:57:49 | 0.130 | 30,000 | A |
| 16:56:25 | 0.130 | 10,000 | A |
| 16:56:16 | 0.130 | 60,000 | A |
| 16:55:55 | 0.130 | 1,000,000 | A |
puntwcare ( Date: 03-Jul-2008 10:04) Posted:
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I agreed that it is dirt cheap at this price. Closed at $0.14 with around 1 million shares bought last minute before market closed........
Thu, Jul 03, 2008, 17:12 
| Time | Price ($) | Bid ($) | Offer ($) | Change ($) | Volume (units) | Total Vol (units) |
| 17:05:10 | 0.140 | 0.140 | 0.120 | -0.015 | 1017000 | 30779000 |
|
| ||||||
| 16:58:33 | 0.130 | 0.125 | 0.130 | -0.025 | 50000 | 29762000 |
| 16:58:00 | 0.130 | 0.125 | 0.130 | -0.025 | 30000 | 29712000 |
jackjames ( Date: 03-Jul-2008 10:52) Posted:
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historically low @ 0.16 in September 2006 was broken.. and today range of 0.115-0.14 is just a bargain buy for penny lovers.. I would think it is a good day to pump in money... simply because it is dirt cheap.
support at12...hi risk.
Oh no, paper loss of more than 50% just within one month. I myself wonder if cut loss or money cost averaging better??? Any suggestion?
tajixu ( Date: 02-Jul-2008 22:36) Posted:
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Why do u think so? It has been sold down from $0.63 (3 June 2008) to its current price of $0.155, it's about 75% discounted. Look rather attractive. Any bad news coming out soon?
puntwcare ( Date: 02-Jul-2008 19:03) Posted:
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think heavy selling not finish yet,,,
guess force sales kicking-in am, another in afternoon.
share price 16.5 will be cheaper.
trade w care.
In Dec last year, Dayen entered into a mining rights agreement (MRA) with Indonesia's PT Modal Investasi Mineral (MIM), a subsidiary of PT ATPK Resources TBk, for rights to mine up to 5 million tonnes of coal in Kalimantan over 7 years for a fixed royalty payment of US$5 per tonne.
Dayen announced that ATPK Resources has informed it that MIM is 'unable to perform its obligations' under the MRA signed last year. The company said it was also told that 'ATPK is committed to entering into a new contractual agreement' with Dayen.
'In view of the representation received from ATPK, the company is seeking legal advice to protect and enforce its rights and legal position under the MRA and MOU vis-a-vis ATPK, MIM and DP,' said Dayen.
The Board would like to announce that PT ATPK Resources TBk (ATPK)
In view of the representation received from ATPK, the Company is seeking legal advice to protect and enforce its rights and legal position under the MRA and MOU vis-ŕ-vis ATPK, MIM and DP.
Concurrently, the Company will actively pursue discussions with ATPK, MIM, DP and FTC in response to the representation by ATPK, without prejudice to the Company’s rights and legal position under the MRA and MOU.
On the advice of the Company’s lawyers, the Company will not hesitate to take all necessary legal actions to enforce the terms of the MRA and the MOU.
Prometheus Capital Limited has raised its direct stake in Dayen from 0% to 0.09% on 12/6. Purchase price not disclosed, but price range for that day was $0.325-$0.365. Prometheus Capital Limited is deemed interested in the 22m shares of the Company held by American Orient Capital Partners Pte Ltd, representing 10.75% of the Company's issued and paid-up share capital, as Prometheus Capital Limited holds a 80% shareholding iinterest in American Orient Capital Partners Pte Ltd. The 22m shares of the Company were acquired by American Orient Capital Partners Pte Ltd on 28/1.
Strong support around $0.32.
Dayen was featured in the Straits Times article today on UV water disinfection system.
Dear Gurus, can buy? drop a bit too much for today?
Dayen made the following clarifications:
Maybe these explain why the price plunged.
Subsidiary Dayen Resources Announces Finalisation of Sale of Coal Transaction worth approximately $5 million. Dayen is Restructuring to Focus on Mining, Oil and Property-Related Businesses.
The revolutionary floating structure will create another revenue channel, contributing further to Dayen's multiple income streams. Dayen designed the concept with a team of engineers from the National University of Singapore and secured co-ownership to the unique technology which is pending global patent. This floating structure can be used by international oil companies to store and transport crude oil and coal. Each structure can hold up to a million ton of coal or its oil equivalent and is not limited by size as it can be 'joined' on modular basis. It can even be adapted for use by international rescue agencies as a floating emergency centre.
Dayen Environmental, the loss-making waste and water treatment specialist, hopes to turn its fortunes around by flipping its Indonesian coal mining concession to a China state-controlled firm for US$25m.
It said yesterday it has entered into an agreement with China (Fujian) Foreign Trade Centre Holdings (FTC) for the latter to take over its mining rights agreement with PT Modal Investasi Mineral. Dayen obtained the concession last Dec.
Under the terms of the deal, FTC will pay Dayen US$25m in 6 annual payments, from Sep '08 to Dec '13. Dayen will book the first payment of US$5m in its current FY08 financial year. FTC will also pay Dayen an additional US$1m that the Sesdaq company incurred to acquire the concession from the Indonesians. Dayen said that when the full US$25m is recognised, its net asset value per share will be boosted by $0.177.
It said it will remain a part of the coal mining 'value chain' as FTC has undertaken to engage it to help with the operation of the mines. It added that besides being earnings-accretive, the deal will create 'direct potential in downstream mining business and unlock future opportunities to secure further coal concessions for Dayen'.