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Therefore, nicky please hone your skills and slowly elevate yourself to a big time casino player just in time for Spore casino open that time a few years later. Hope to read news nicky become millionaire via casino play! :)
I was wondering millionaire via casino is grander or millionaire via stock shorting is grander? Hmmm.....
JP Morgan last reported stake is of the order of 20 million shares. Volume over these last two days is of the order of 30 million shares. But JP Morgan is not the only seller. Then again someone else is buying.
Looks like a selling climax to me.
Vested and deciding when to buy more.
just look at the volume ...
#$@*& Bleeding profusely after dumping this counter at 33% loss yesterday. Fed UP!!!!
Anyone has any idea how to recoup my losses other than shorting? Cannot afford to lose any more blood liao...heart also weaken already.
when it was $1.90 last year. No one thought it drops below $1.00.
I traded it between high and low on the downtrend then and with good profit as every bid is 1 ct.
Now drop this counter as every bid is 1/2ct and it must move twice as much just to cover comms.
dont thk so lah...it's NAV already 52cts or something rite? jokers...hee..
this guy too dependent on Motorola... sad thing
<
SEOUL, March 22 (Reuters) - Shares in some Asian mobile phone contract makers and parts suppliers fell on Thursday after Motorola Inc. warned of a quarterly loss and said its 2007 outlook was "substantially" worse than expected.
Foxconn International Holdings Ltd. of Hong Kong, which makes Motorola phones, South Korean parts maker Mogem Co. Ltd. and Singapore's contract electronics maker Jurong Technologies Industrial Corp. were among the losers.>
Today Jurong Tech drops with high volume. With JP Morgan selling its stake, it might be better to watch for reversal pattern to kick in to see that selling has completed and buyers are slowly creeping in.
For a detailed analysis on Jurong tech, please click here
yupe, I want to buy this stock, but then, with nickyng shorts, maybe i can get cheaper price... wait until the clouds are clear, can't imagine the JPMorgan, keep reducing stakes.. who knows if they reduce stakes again, the price surely will drop further.. so, I will choose to watch sidelines now... but again, hard to catch the bottom one la.. just like longcheer, now people take profit again, well, not a bad closing, but still we miss the bottom liao, seems like the market correction is over eh..
read this from MASNET on JurTech, the share price based is $1.10..now only 80cts...mm si short changed others??? hee....
Jurong Technologies Industrial Corpn Ltd
Investment in Amould Plastic Industries Pte Ltd
The Board of Directors of Jurong Technologies Industrial Corpn Ltd ("Jurtech") refers to the
announcement on 25 and 29 January 2007 concerning the entry into by Jurtech of the agreement
(the "S&P Agreement") to acquire, from Ang Poh Hee and Ang Hock Soon (the "Vendors"), all
of the issued share capital in Amould Plastic Industries Pte Ltd ("Amould") and wish to announce
the following matters:-
Terms of the Acquisition
Consequent upon due diligence, the final aggregate consideration for the acquisition of Amould
has been finalised at S$4,094,787. The consideration will be fully satisfied by the issue of
approximately 3,495,260 new shares in Jurtech (the "Consideration Shares"), based on an agreed
price of Jurtech shares of S$1.10, with Consideration Shares being issued in equal proportion to
each of the Vendors; and an additional cash consideration of S$250,000.
The parties agree that a directors loan of S$1,582,943 owed by Amould to the Vendors will be
paid through the issuance of shares in Jurtech, at the price of S$1.10 per share. These shares will
be issued concurrently with completion of the above sale and purchase. Accordingly, for
purposes of discharging this loan, an aggregate of 1,439,040 shares (?Loan Shares?) in Jurtech
will be issued the Vendors in proportion to their relative proportion of the loan owed to each
Vendor.
These Loan Shares shall be subject to the following periods of moratorium against sale, disposal,
transfer, charge, pledge, mortgage or any other encumbrance:
· 20% of the Loan Shares shall not be subject to any moratorium;
20% of the Loan Shares shall not be subject to any moratorium;· 15% of the Loan Shares shall be subject to a moratorim for a period of 6 months from
completion of the sale and purchase (?Completion?);
completion of the sale and purchase (?Completion?);
· 15% of the Loan Shares shall be subject to a moratorim for a period of 12 months from
Completion;
Completion;
· 20% of the Loan Shares shall be subject to a moratorim for a period of 18 months from
Completion; and
Completion; and
· the balance 30% shall be subject to a moratorim for a period of 24 months from
Completion.
Completion.