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BAN JOO -FUTURE PER 8.77X,6.5% LOTTERY REVENUE
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Ok liao 787180 ...lets shout for JooJoo to come to us.........$0.08 is a good entry point..........joojoo...joojoo..joojoo....
Banjoo should update their website.
reply to Green8..BJ totally out of textile biz...now contingent on China's welfare lottery biz only...sold out compleletely,,,waiting at 8 to 10cts level
I am waiting at $0.08.............come to me JooJoo..............
Most of the textile stocks are not doing well. Ban Joo management should divest its textile biz rather than keeping on losing. Too competitive and low profit margin. Last time Singapore had many textile companies, now....
indicators are mixed. as downtrend is still strong, i guess it is stil not safe to enter for those who wanna btm fish.
The hype of the lottery business pushes this counter to 25¢ from 5¢. Which means that the textile business is worth 5¢ while the NEWS on lottery is 20¢. Now Banjoo trading at about 14¢. If they do not manage to clinch the lottery business, how much do you think Banjoo worth? 5¢ with debts of $64mil?
zhugeliang, are u vested in this counter?
Banjoo has been doing textile all along and yet he can owe the bank $64.3m. Do you think he is fit to provide consultation to others to make profit in the lottery biz (remember lottery is totally new to banjoo)? And even banjoo also admit that the chinese government won't reject the deal unless they feel that the deal will cause the lost of benefits to their own people. Do you really think banjoo can contribute to the lottery biz? Do you really think the chinese government will give the deal to someone who has nothing to contribute but has everything to gain?
Ban Joo & Co said that it has finalised a debt restructuring agreement
with 11 financial institutions for the credit facilities extended by these lenders to
Ban Joo and its subsidiaries. As of 30/6/06, Ban Joo owed the lenders
some $64.3m and the debt restructuring agreement is expected to alleviate
its debt burden and strengthen its financial position.
Banjoo: Closed at 15ct...unchanged. LottVis at 0.30ct
(+0.015ct)
BanJoo Last:0.15 Vol:3000k
wait till 10cts then buy back..Lottis also dropping ,30cts...lottery biz related also affected?
 Posted: Sun Oct 14, 2007 8:52 pm Post subject: |
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For pple with large losses very difficult for them to admit their mistake and refused to cut loss..continue to old..time and opportunuity cost..coild hve switched to eg Sionstar ,Uniasia,etc..all recovered liao..BJ same as magnus cannot move liao until....when it started to move above 21cts then go in still not too late..sincere advice and hev U to break even or even with profits  ..Look at Lottis..got lottery related contracts to supply POS equipment still dropped to 35cts |
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this counter is like genting. potential multi bagger. Genting also hovers at 20+cts and shoot up to more than a dollar after they won the rights to IR. but still need to be cautious since nothing is being confirmed.
Friends
Today ZaoBao reported Lottvis already acquired another China Co. in relation to their Lottery Biz. So Lottvis will be ahead in the race liao!
looks like no> upside pending concrete announcement..BJ not able to profit from recent gd mkt sentiment and if mkt turn for the worse will test the 15cts again..penny stock..charts normally don't apply,,,wait for it to move with large vol and clear 21cts then can consider breakout..even if lottery licence is approved by PRC upside 30 to 40cts the most as LottiVision's price is a close proxy
quote="sq009"][quote="go_francis"]Sianz
See Lottvis only MOU oradi 0.38
BJ signed definitive S & P still kena stuck at 0.17x.....
I so frustrated n abandoned ship liao.
Cut loss @0.17 this morning.
:evil:[/quote]
..MOU is Memorandium Of Understanding a preclude to a former contract ..well done go_francis..sell first when news announced not too late to buy BJ..use your funds to buy Sinostar even at 92cts still got better upside than BJ..see francis recovered lost $1,200 on BJ but bought Sinostar at 86cts 20lots gross profit $1400 (93cts -86cts)x20lots..time is opportunity cost..sell BJ
The price has broken through the right angled triangle base today by falling to 17.
This is a significant moment... technicians will most likely not buy at this time...
The usual 10mil to 12mil support at 16.5 to 17cts no > there..sell ..can buy back below 16cts easily..unlikely go up so fast as so many sellers from 18cts to 29cts...switch to ChinaAuto Electronics(74cts) ..likely will recover everything
why some people like to monkey see monkey do? LOL
