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recent high 23 ..... now at support ..... let's hope it will wake up anytime soon .....
Not sure.. But if directors have faith in this once-a-$1plus-shares company, buying its debts, saving $$$ in interest payable to creditors, why won't the company be better?? Market conditions getting better although fragile, steel prices supposing will get higher.. And hopefully they'll want to go into Myanmar too like the others?? Hope la.. Not insider k..
Judging from the buy and sell volume quit huge. Any suggestions or views on this penny. Is it going to be the penny rally.
maybe they have faith in the coy, maybe its sentiments. i dont know.
anyway i see it a good new. i am vested myself at 0.21
recently best buy founder trying to privatize best buy and of coz, mike dell of dell comp.
edwinjup ( Date: 12-Apr-2013 13:59) Posted:
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Why they wan to buy..good news.coming? ?
directors will become substantial shareholders in exchg for clearing coy's debts.
as far as i am concerned, creditors can bankrupt coy, but shareholders wont.
ysh2006 ( Date: 12-Apr-2013 13:17) Posted:
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Why good news? Directors buy debts from creditors ....
| minsiang ( Date: 12-Apr-2013 13:08) Posted: |
Clearing all debts by CEO and co means that company saves interest payable to banks etc! This is in fact good news for the company!!
| minsiang ( Date: 12-Apr-2013 13:08) Posted: |
Halted after abnormal huge volumes for past few days... Any good news coming out???
Is it fake?
alexwong ( Date: 28-Dec-2010 19:44) Posted:
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Not too bad.. 0.055 now... increase 0.01 in less than 2wks... We'll see how well it goes further in 2011
RTO? Well...this counter is taking a small % of my play, so willing to let it go wait it out. End of year, must kick out non performing. I see ur in MIDAS too...think I'll cash that one out soon too. Taking too long to move and its a big share of my wallet. Lucky got it when it was sitting on its bum.
Hopeless, strategic management is the main obstacle! Only thing we could wait for RTO I suppose!
srntyb ( Date: 14-Dec-2010 12:57) Posted:
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I'm not a day trader. So I sit out losses on companies I believe. It usually works out. This one, I think there is still hope.
Write off this counter is the only best way!
srntyb ( Date: 14-Dec-2010 11:44) Posted:
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Hulumas, I feel ur pain. But question is now , with the coming plans, do we water down the loss?
Another huge paper loss counter of mine!
alexwong ( Date: 13-Dec-2010 16:49) Posted:
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Volume surges today after lunch.. any happenings for this stock? Hopes it gets uo.. $0.045 for this share is abit undervalued judginh by it's huge plans for coming years...