PSL   

PSL HOLDINGS LTD

I don't know who but it is an Indon

tea444u      ( Date: 28-Jun-2011 23:09) Posted: is that someone the indon who has coal mining connections?

 

is that someone the indon who has coal mining connections?

 

heard rumours that a big chunk has been bought over by someone

tea444u      ( Date: 28-Jun-2011 22:25) Posted: eh i wonder...you sure boh??? scare to buy leh...

 

eh i wonder...you sure boh??? scare to buy leh...

 

better not to short.....cos something is brewing (soon there will be a trading halt)

Citigold      ( Date: 28-Jun-2011 19:43) Posted: Look v tempting to short it , lol

 

Look v tempting to short it , lol 

 

hi all...this one can still invest in? for short term play?

 

Wow!! This one very ho cheong for many days liao man!!! 

 

ozone2002      ( Date: 27-Jun-2011 20:00) Posted: rally too fast too soon.. u watch the movie fast n furious?.. looking to short once a down bar shows up on high vol.. good luck!

 

rally too fast too soon..

u watch the movie fast n furious?..

looking to short once a down bar shows up on high vol..

good luck!

 

some insider news have been leaked out. target price raised to ard. 0.50.

that's why there you see a spike.

 

27 June 2011

Lee Cheng Peck
Director/Executive Chairman
PSL Holdings Limited
58 Sungei Kadut Drive
Singapore 729572

Dear Sir,

QUERY REGARDING TRADING ACTIVITY

We have noted, and draw to your attention, a substantial increase in the price of your shares today. To ensure a fair, orderly and transparent market, please answer each of the following:

Question 1: Are you aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, might explain the trading? 
- If yes, the information must be announced immediately.

Question 2: Are you aware of any other possible explanation for the trading?

Question 3: Can you confirm your compliance with the listing rules and, in particular, listing rule 703?

Please respond immediately via SGXNET. Where appropriate, you may want to request a trading halt or a suspension of trading. Please contact Market Control (or, if you need to discuss the matter, your Account Manager in Issuer Regulation) immediately. Thank you for your cooperation.

We have released this letter via SGXNET. 

 

Coming back again with high volume, explosive one.

 

PSL is still cash rich. Half of the other profitable business is in trading and leasing of building equipment [similar to Tat Hong].

Also focusing on HDB upgrading of lifts and other engineering works. Since PSL is very well diversified, there is still a very bright potential of growth for this company. Singapore is experiencing higher growth rate for this year and 2011 and with more new citizens and PRs seeking homes, TARGET PRICE should HIT more than 50 cts ! ! !

 

Retreat...

 

Elephant move again. Beware.

 

Share prices has gone up on 19/4/2010 from 0.34 to 0.48 today. A very hefty but unwarranted 41% rise within 6 trading days. No good news (like Baker Tech news) to support the sharp rise. Hope SGX will query soon. 

 

PSL is a piling and building foundation company (similar to BBR). FY 2009 profits dropped 49% to $7M. Analyst assessed company prospects for next 12 months as challenging. Need to exercise caution. Normally a thinly traded shares.

 

Hope it will break 0.50 next week...cheers !!

 

May test 0.5 again next week. Good Luck for those Vested.

 

Elephant move. Beware.