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Seems that some institution is reducing their stake in gems tv any advice on this????? Can go in?
"Remaining fiscal year '08 will continue to be challenging due to current macro economic environments in the UK and U.S. and also potential gross profit margin pressure from rising gold prices," Credit Suisse analyst Clarice Khoo said in a research note.
Don't think today's movement is due to the liquidation of London Diamond.
No sugestion to this counter. Here is the news
Gems TV Holdings Limited (?Gems TV?) wishes to announce that its 100% indirectly owned
subsidiary, London Diamond Company Limited, in the United Kingdom (?London Diamond?) which
was placed under members? voluntary liquidation, has been dissolved. London Diamond was
dormant since 10 June 2005.
The voluntary liquidation of London Diamond would not have any material impact on the net
tangible assets or earnings per share of Gems TV for the financial year ending 30 June 2008.
Looks like Gems TV is going to start moving
wake up time.... charge ahead :)
Its SHINING Bright today!
BB buying Gems TV. Eastern Advisors LLC bought 2.72m shares at $0.5561 on 3/8, raising its stake to 51.843m shares or 5.03%.
Anyone knows wat happen to tis counter?
Today it drops a 0.035 while others r up?
on the chart it looks fine and temporary uptrend...currently at the upper bollinger bands...however it is certainly not a gentle ride upwards...it will be always safer to see it go up gradually in smaller steps
The report that priced Gems at 1.32 expected sales of 140m and 'net profits' of 8.6m.
The company reported 159m sales and 'net profits after tax' of 7.6m (all FY07 numbers).
So it looks like it beat one estimate but didn't meet the other. Of course, that's assuming I understood the reports right.
Oh well, at lest U.S. did well on Friday, so expect Gems to open higher - like everyone else, I expect. But from there, it's anyone's guess. On your toes, everyone, and good luck to us all.
Hey guys is the latest annoucement towards the Good or Bad?
http://info.sgx.com/webcorannc.nsf/New+Announcement+Last+3+Months+by+Company+Name?Openview&RestrictToCategory=GGEMS%20TV%20HOLDINGS%20LIMITED
I don't care what BB or GG or D or C or E or TNN, this one is die liao, RIP. The Hokkien say "Si Kiao Kiao" and the TV signal is kana jam already. Really felt sad for this counter. Look elsewhere to earn $$$Kopi.
practically cannot believe how cheap some of the shares are... this is one cheapo...
bummer... guess the BBs are just using the research report to make a quick profit.
all eyes on the financial report this friday, 5.30, then U.S. that night. that should set the tone for monday.
I bought 10lots at 0.98...........so can u all buy more to push up the price to $1??? hahaha...
i agree wif sarahlkh it should be a $1 stock and it has loyal customer to maintain its profit.
this one is over sold ... should be a $1 stock...
Today paper said GemsTV Target-Price = 1.32, but also mentioned next Q report profit may fall xx%.
yes agreed... potential stock.. running in Top 30 volume... Go Go Go .... 