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request for trading halt on monday... anyone know anything coming up????? can share????
Everyone is dumping Equation shares...OHL just cash in 3%Centrillion shares for S$25.5 mil...and he paid S$16mil for 37.5% of Centrillion shares originally. .He had got back his cash payment and plus a little profit.... Centrillion is sinking soon...with Equation being pull down together... Can anyone save Centrillion?
PG&E Signs World's Largest Solar Power Deal
http://blogs.business2.com/greenwombat/2007/07/pge-signs-world.html
Equation difficult to past 30c... looks like a lot of pple dumpin this stock..
Equation is a right company to buy. They target to export solar panel to US and Europe. Like google, Tesco and other they built their solar energy bank to store energy, to provide partial of the power to data centre, office and store. Monday Fed Chife also sent a very stronge message to energy provider to be more efficient, built their solar energy plants to provide power. Solar energy industry is huge
Global warming and Oil price traded @ US $75.05, What can we do? To find alternative energy. Sun are always around us.
Most of the time when it is reported in the papers, pp will dump and then the bb accumulate... hmmm... taking what was written in the papers with a pinch of salt. But thanks for the post anyway, superboy. :p
Today strait times said Equation not a good shares as a result many people dump the shares when rumours that Brokage House want to cap the trading amount on Equation shares. Those people are just trading on Contra only...it sound like a shell company leh.
Got some buying power . Hopefully will reach 0.30c ! I Guess !
Look like it will drop further today ......... Too many negative news in the market all over the world.
Took quite a hit today.. just like the rest of the counters.. will it recover soon?
HAPPYDAY'S POST AT CNA:
Solar energy plant in S'pore not China...No Dr.Ma,no P.Lim..but Ooei Hong Leong,owns 37% stake in Centillion,Mr OOei just pump in another $16.5m into Centillion..Equation stake in Centillion and call option to subscribe 150mil at $0.09,Besides ..the $13.5m to Solar Morph..exercise price is at 35.5cts and Equation may get 40% discount to ipo if Solar Morph went for public listingsolar Morph has secured US$120mil worth of solar panels unlike Rowsley...a bird in the hand is worth many in the bush
Equation set to move strongly !
Equation bought Centillion shares at 0.8485 ct a share. Now 21 cts.
Moral of story: Buy when a company is in the dumps and pray it will recover strongly.
Centillion did because it has a good business.
There's a parallel: JEL is buying tons of shares of mDR at 7.2 cts (due diligence stage now).
Current stock price of mDR = 11 cts.
Now u know why i'm smiling when I think of my JEL shares.....
which is better bet? Centillion or equation?
Tomorrow may open 0.32 or higher.........cheong ah
Still look bullish.
| 17:05:03 | 0.310 | 8,425,000 | X |
it seems to be sliding leh
So equation is 0.265 now right, its likely to go up too how much.
Extract from SGX:-
EXERCISE OF OPTION TO SUBSCRIBE FOR NEW ORDINARY SHARES IN
CENTILLION ENVIRONMENT & RECYCLING LIMITED ("Centillion")
1. The Company refers to the investment agreement (the ?
entered into between the Company, Oei Hong Leong Foundation Pte Ltd (?
Foundation
in Centillion, whereunder the OHL Foundation and the Company were each
granted an option (the "
shares in Centillion at an exercise price of S$0.008485 each.
2. The Board of Director is pleased to announce that the Company has today served
an exercise notice on Centillion to exercise the Option in relation to a total of
948,724,172 new ordinary shares in Centillion, for a total subscription sum of
S$8.05 million.
3. In accordance with the terms of the Investment Agreement, completion of the
Option is expected to take place on 20 July 2007.
Investment Agreement?)OHL?), and Centillion on 27 March 2006, in connection with its investmentOption") to subscribe for 948,724,172 additional ordinaryHi all, apologise for my earlier posting on Centillion being Equation's subsidiary, it should be called its associated company as the share holding was less than 50%.
Equation's shareholding in Centillion will be reduced to 31.57% from the current 37.50% after the deal with McPeekay Consulting Group. The 6% disposal to MCG at discount will generate a gross proceed of 13.5 million for Equation. Profit will be (0.09 - 0.008485) * 150,000,000 = $12,227,250 (12.22 million).
Hi Adeline, sorry i cant help much as my knowledge of TA is very limited to actually comment much. perhaps some TA experts here can comment on this counter?
Equation(formerly he-she co) owns about 37% of Centillion(citi-raya) ,On 4 julyand on June 26 Equation's sh price hit 29.5cts and comr down.With high vol Equation should be able to hit new highs this week.any TA comments plse?