Sapphire    Last:0.047    +0.001

Sapphire - No.1 Active

i feel 0.02 still cheap thats what i got it at...

 

Bn queing for $0.015 long time..veri hard 2 get

 

A share consolidation of 10 to 1 will be more manageable.....currently EPS diluted.

Fair price shd be around 5 cents.  Anyway...it's back in the black, has new core business, rising profits, renowned ppl in directorships.....so just wait patiently for the surge....haha..cheap cheap...lelong

 

 

no dividends right

 

I have 400 lots, hope for the best. As long as it does not go bust, should have more upside but may have to wait long long. I think have to wait till all stocks reach explosion then it will move.

 

i have 1,000 lots of this baby..

just waiting for the moment for it to shine now that it has become profitable with recurring income :)

 

 

Profit attributable to equity holders surged to $35.3 million in FY2009 from $1.1 million in FY2008. Gross and net profit margins were 13.2% and 32.5%, respectively. Share price oso surge?? nt vested yet..interested

 

appears in the EDGE magazine http://theedgesingapore.com/the-daily-edge/business/12944-sapphire-corporation-posts-fy09-net-profit-of-435m.html

Ths results is positive and sooner or later the price will catch up.

A good business will realise its true value in time to come and that's where patience will be greatly rewarded----quote by Warren Buffett   

Vested interest....Cheers!

 

 

60 lot at 0.02 my thinking i keep and see how. anyway so cheap keep and see where this can go. think their fair value is at 0.048 or something. keep and let it grow. up half cent drop half cent i just let it be..lonnngggg teeerrrrmmmmm

 

the positive results is a sign of better things to come.. long term investors will be happy abt this... Vested and patiently waiting..

 

25 February 2010

MEDIA RELEASE

Sapphire posts record net profit of S$43.5 million in FY2009

Singapore-Listed Sapphire Net Profit Soars To Record

S$43.5 Million in FY2009 on Contribution From Special Steel

and dilution gain from 9.2%-Held HK-Listed China VTM

 

There is very huge volume done at 0.02 today with 37K lots already. Is there any positive rumour?

 

same fate as you. hopefully it won't end up like celestial

anson24      ( Date: 19-Aug-2009 16:25) Posted: I bought in 100 lots at 0.015 since last mth, until now still can't sell at 0.02. i try to q early morning to sell it, nobody buy at 0.02. really stuck   upforever      ( Date: 05-Aug-2009 11:24) Posted: has been top volume for many days,  but doesn't move up or down, always stuck at buy 0.015 and sell at 0.02

 

I bought in 100 lots at 0.015 since last mth, until now still can't sell at 0.02. i try to q early morning to sell it, nobody buy at 0.02. really stuck

 

upforever      ( Date: 05-Aug-2009 11:24) Posted: has been top volume for many days,  but doesn't move up or down, always stuck at buy 0.015 and sell at 0.02

 

has been top volume for many days,  but doesn't move up or down, always stuck at buy 0.015 and sell at 0.02

 

At 0.02 cents to high to buy for short term gain.

I am till holding 25 lots at 0.025 cents for many months still cannot clear.

I feel this company is diversify into too many business and i am guessing a weak cash flow makes it worst.

If  i am not mistaken there formely into contruction when i first started investing in this counter and now there into steel (which is a positive move ).

So far never make money here only break even or loss at times.

Most likely i might clear at 0.03 to 0.035 if it goes up ever !!!

regards

ezy

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halted..for wat reason???????

 

this counter already overbought with resistant at 2 cents and always low vol. dont think is a good idea to enter now. just my 2 cent

 

hi every1,

SAPPHIRE managed to closed at $0.02..if i not wrong,it is quite rare to see it reaches this price..

any1 had any comment on this shares?

 

thanks

 

The boss pays for it, as simple as that. Ha. ha.. ha...

golfgila      ( Date: 20-May-2009 12:20) Posted: The proposed acquisition of a 56.85% equity interest in Lucky Art Holdings Ltd and the issuance of 4,392,956,075 Consideration shares at an issue price of S$0.0125 per consideration share seems to be a way to diversify the business to special steel supply. Away from their principal business of sale of paints(Nippon Paint), building materials,repair and renovation works, building construction and investment holding etc. Any comments from what to expect from the new PRC company's involved, as new share holders in the merger and how reliable are the financial controllers in PRC ,when this is a SGX registered company? Who would want to buy the consideration shares at 0.0125 when market price is 0.01 now. Could anybody give some insight into how this whole excercise will come about?