LottVision   

Before you sell Lottvis share, please read this

Trading Halt Liao.....

Siao Liao......Something seriously going to anounce liao....

Good luck for those who hold on to this stock..........

 

I think BBs selling out and then buy back later at much lower prices! Looks like Armada, Ban Joo, Occulus, Jade will be experiencing the same motions. If only we have unlimited ammo to deal with them..

 

I am wondering why ban joo is suspend for few day, maybe share the same reason that cause lottvision to plunge.

 

this stock sinks !

 

eurostar, what your broker say???

 

7 August 2007

Mr. Paul Gao Xiang Nong
Chief Executive Officer
LottVision Limited
Room 3A, 16/F Nanyang plaza
57 Hung To Road, Kwun Tong
Kowloon, Hong Kong

Dear Sir,

QUERY REGARDING TRADING ACTIVITY

We have noted, and draw to your attention, a substantial decrease in the price of your shares today. To ensure a fair and orderly 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.

Yours faithfully



Elsie Chua
Vice President
Head, Market Surveillance
Risk Management & Regulation

Notes:
1. Subject to limited exceptions in rule 703, an issuer must announce any information known to the issuer concerning it or any of its subsidiaries or associated companies which is necessary to avoid the establishment of a false market in the issuer's securities, or would be likely to materially affect the price or value of its securities must be publicly disclosed (rule 703).
2. An issuer must undertake a review to determine the causes of any unusual trading activity (paragraph 20 of Appendix 7.1).
3. An announcement should, among other things, state whether the issuer or any of its directors are aware of the reasons for the unusual trading activity and whether there is any material information which has not been publicly disclosed (paragraph 31 of Appendix 7.1).
4. Your responsibility under listing rules is not confined to, or necessarily satisfied by, answering the questions in this letter. 
 

 

dun go in , wait for announcement or new

 

something very wrong

 

another gong gong BBs q to buy at 28cents,,,,,,later go all the way down, he will throw down become another BBs bottom fish.....

 

What a plunge!

 

High volume sell down plus force selling.........another bad news from the anouncement will make the price go all the way down to 10cents......

Insider noe better, that's Y big volumes sell down or short down......

Better avoid from now or else get burnt very hard.........

 

i'm checking with my broker now.... whether it's forced selling or is the counter a goner.... wanted to let go at 0.6 last time.. but hestitated.. now regretting big time man..

 

As per usual lah, something goes wrong....

Maybe another profit warning or CAD probe........

AVOID or short from now till 10cents.......maybe

 

what the sudden drop in price. anybody got any clue?

 

wow tremendous action. fundamentals no change? just pure force selling? 

 

good time to take up this stock!! a lot of contra investors all got caught.... probably see a big rebound tomorrow..

 

Which is better in the long term? Lottis or banjoo..lottis supply point of sale equipment to lottery operators only but Banjoo is involved directly in lottery receipts..hopefully investors will realise this difference and Banjoo is half the price of Lottis...time to catch up with Lottis

 

force selling in progress, dun get caught

 

This was from awhile ago...

STOCK CALL: Phillip Securities upgrades LottVision (M22.SG) to Buy from Hold, raises fair value to S$0.76 from S$0.56 to reflect acquisition of Wu Sheng Technology, maker of point-of-sale systems for China's lottery market. Wu Sheng's parent, Firich Enterprises (8076.OT), will provide LottVision net profit guarantee of not less than HK$30 million. Despite prospect of entering lucrative lottery market, Phillip says LottVision may face risk of reduced market share as deregulation of China's sports lottery market has allowed entry of foreign companies. Stock +0.9% at S$0.59.

 

Down > 40% in less than 2 weeks now weakly at 0.38.

Any hope for this counter?

Holding or loading or dumping?