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As what AK posted this burger under Kepcorp earlier, it shoot up but no retreat. Players play not the same everytime loh. Previously some could profit by shorting it but not this time round. Those behind the counters are smart sam logh.
BTW, now DJ sees red, tomorrow may be a good day for shortists, good luck sian.
Hi nickyng,
How did you do? I hope you managed to get rid of it. It rallied strongly today.
TA charts show bullish signs. Acc/Dist and Chaikin rising. Price also cut above the Bollinger bands.
nickyng ( Date: 17-Apr-2008 11:24) Posted:
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viruz7667 ( Date: 17-Apr-2008 11:13) Posted:
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nickyng ( Date: 17-Apr-2008 10:33) Posted:
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hee..sucessfully SHORTED this burger 2x $11.16 hee...
wish me mother virgin of all LUCKS !
cheers ! :)
I am confused. I thought that if the civil claim is already settled out of court, then how come prosecution still got court case? Isn't it case closed?
Can some lawyer advise?
Prosecution refuses to settle tycoon's wife slapping charge out of court
Elena Chong
Thu, Apr 03, 2008
The Straits Times
THE wife of a tycoon, who is charged with slapping a Singapore Airlines (SIA) stewardess, tried to settle the case out of court but this was turned down by the prosecution.
The lawyer for Tan Siew Hoon, 61, said this when she made a brief appearance in a District Court on Thursday.
Mr Ravinderpal Singh told Judge Shaiffudin Saruwan that he had written again to the prosecution to consider his 'representations', which are normally pleas to have charges withdrawn or reduced. He asked for the case to be adjourned to await a reply.
Tan is accused of voluntarily causing hurt to Ms Then Jiamin, 25, on board an SIA flight to Tokyo, on Sept 20 last year. She and her husband, Mr Wong Ngit Liong, 65, who is the chairman and CEO of Venture Corp, one of Singapore's biggest manufacturing firms, were in the business class cabin at the time.
If convicted, Tan can be jailed a year and fined $1,000.
Cases of voluntarily causing hurt can be settled out of court if the victim, prosecution and judge agree.
When her name was called, Tan walked up and stood next to the dock. She wore a plum V-necked shift dress that hugged her figure. Her husband sat in the public gallery.
The couple arrived at the Subordinate Courts in Havelock Square in a BMW and they walked hand-in-in into the court room. Tan recently settled a civil claim for unspecified damages for 'emotional and mental distress' filed by Ms Then.
What's happening with this blue chip?
eltan1 ( Date: 31-Mar-2008 10:45) Posted:
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Any news from Venture? How come it's falling?
tanglinboy ( Date: 23-Mar-2008 15:11) Posted:
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singaporegal ( Date: 16-Mar-2008 20:39) Posted:
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Venture Corp: 1Q08 outlook likely challenging
Summary: Venture Corp's (VMS) 4Q07 revenue rose 14.6% and 3.0% QoQ at S$96.8m, while net profit came in at S$74.3m, down 5.1% YoY and 2.6% QoQ, but within our forecast. For the full year, revenue rose 23.9% to S$3,872.8m and earnings jumped 25.4% to S$300.0m. VMS also declared a final tax-exempt dividend of S$0.50/share, adding to a special dividend of S$0.08 declared in 2Q07. Going forward, VMS expects the operating environment to remain challenging in 1Q08 and even in 2Q08, given the current volatile financial and uncertain economic outlook. However, management believes that the uncertain situation could also motivate more US and European firms to outsource more to Asia where VMS is well placed to seize these opportunities. In view of the challenging environment over the next three to six months, we felt it was prudent to reduce our FY08 figures. This pares our fair value from S$17 to S$13.40, which is also based on a more conservative 12x FY08F PER (versus 14x previously). However, we believe VMS will be able to ride through the rough patch with aplomb and see stronger earnings growth in FY09. Hence, we maintain our BUY rating.
How to convince investors to buy when they lower the fair value from $17 to $13.40? Haiz......