Centillion^   

E-waste recycler

Aiyoh, quite scary man. So early, and it looks like some heavy selling is going on already. By 9.32 a.m. already something like 212,1999,000 volume  changed hand at between 0.08 and 0.09. What's happening man?? Anyone knows if there's some bad news or what ???

Note: not vested, now.

 

some1 juz bought 200,000,000 at 0.08 and start selling now at .09....wonder y ppl still dare to buy....

 

09:05:09

0.080

200,000,000

X

married deal , SGD 16 millions, kau.... 32 lambo cars, phiew ~~~~

 

On the other hand, if OHL and his foundation still hold 26.5% of the company, centillion, which is still substantial holding, there is no logic that he/they will want the price to dive south unchecked, right? Then, can it be possible that they have some valid reasons to cash out now, like maybe they need to re-deploy financial resources elsewhere which is more pressing than centillion's?? So this makes the problem at centillion temporary, let's hope?? Maybe, OHL will still captain centillion actively and help this company float again?? Very hard to second-guess this expert so just watch closely to see maybe there's another chance to start buying in again, maybe?? But when is right time to re-enter ??  Has the market over-reacted excessively?? I dare not risk a guess right now.

Note:  no more vested, now.

 

So if this guy spoils the market, isn't it good that his share is lessened so more "serious" investors can own the shares & minimize the volatility?


Opportunities exist in crisis - you hear this all the time. When everyone doesn't want it, buy... What about buying when there is hatred? And it seems there are tons of it right now. I will continue to pickup as it drops as I see good potential in this business.

 

Hi jackjames, I quite agree with your views - very well said. This big guy is actually playing the market against the innocents. He's not much interested about leading and turning the company around - this is just one casino game to him. Next time, I know what waste management or recycling is about really. In this case this company, centillion, where got chance to return to profitability or growth, if everyone is playing against everyone just for the money ??? Who's interested to really run the show =- i mean the actual business itself ?? Like this, sure die one!!!

Note: i not vested anymore - no more blood to spill already.

 

I think this guy stratergy is very clear, his purchase price is low, either he throw at 0.15, 0.09, or even 0.04, he still earns a lot of money, why not he "plays" your money, let you stuck there, panic and throw together with him, and by the time, he thinks the company will be in good profit, he suddenly buy up and push up the price high (by the time u also no chance to buy at cheap price), and he can double earns from selling now and buying low and sell again.. he doesn't need the money like what we do, he can wait, and some of us are not willing to wait for the miracle to happen.

Not vested.

 

huh? NAV so low? not even 1ct? means price to book is more than 9 times...

 

According to Aug Report.  Net Asset Value is 0.9cts !

 

I saw in the "Shareinvestor" on-line, that on 7th Sept 07, The Oei Hong Leong Foundation, sold off quite a substantial quantity of shares. And between 24th July and 7th Sept 2007, Oei Hong Leong as director and the OHL Foundation, have been selling off, reducing substantial shareholdings from 37 % down to 26.5% !!  What's really going wrong with this company??? Why are they getting  out??? I was caught napping big time man for not reading about this much much earlier.

 

Are you sure he is the one dumping? I thought I read somewhere that there is an "agreement" from him and the other white knight that they will hold the shares for at least 3 years. It's not even 1 year now. 

 

Why are they dumping shares and getting out??? On 2nd and 3rd thoughts, is it because they know small fish like us will panic and also dump and get out so that price keep falling??  Or maybe there are some real big problems coming in like big losses ?? Wah, this is no joke man.

 

What man, why the substantial shareholder OHL is dumping his shares and getting out in a hurry??? Like this sure die one, now ship sinking fast without OHL captain . No choice now, I also dumped my shares at a loss. Is there some latest Bad News that we are still not aware of ???

 

if violia and another company is usa which centillion has invested recently start to ship in their waste for recycling, it is time you may consider to move in. 

 

I only vested at FA sounds company.

 

once ohl stop dumping his share, you can try your luck again.

 

I agree with Pension... :)

Technically speaking, it's not too advisable to go in now...

 

This is bad :(

Tot Eddie Chng was confident with this company

 

 

Broke 10 cents super strong support!!!!! Extremely bearish!!!! AVOID for now!!!

 

jackjames, you kenna burn is it, i think it is time you back out from this counter, it will drop further.