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Maybe another target for RTO because the share price is cheap. The CEO of those counters which share price is cheap has to work very hard to increase shareholder value, one way is RTO.
| Time | Last | Volume | Buy/Sell |
| 11:23:48 | 0.030 | 60,000 | Buy Up |
| 11:23:09 | 0.030 | 150,000 | Buy Up |
| 11:21:55 | 0.030 | 100,000 | Buy Up |
| 11:21:37 | 0.030 | 60,000 | Buy Up |
| 11:20:26 | 0.030 | 100,000 | Buy Up |
| 11:20:22 | 0.030 | 100,000 | Buy Up |
| 11:19:31 | 0.030 | 50,000 | Buy Up |
| 11:18:20 | 0.030 | 200,000 | Buy Up |
| 11:17:44 | 0.030 | 1,000,000 | Buy Up |
| 11:17:21 | 0.030 | 100,000 | Buy Up |
| 11:16:20 | 0.030 | 2,000,000 | Buy Up |
| 11:15:11 | 0.030 | 200,000 | Buy Up |
| 11:11:59 | 0.030 | 200,000 | Buy Up |
| 11:10:48 | 0.030 | 30,000 | Buy Up |
| 11:10:40 | 0.030 | 20,000 | Buy Up |
| 11:10:19 | 0.030 | 1,000,000 | Buy Up |
| 11:09:59 | 0.030 | 130,000 | Buy Up |
| 11:09:54 | 0.030 | 100,000 | Buy Up |
| 11:08:10 | 0.030 | 5,000 | Buy Up |
| 11:08:05 | 0.030 | 100,000 | Buy Up |
High Buy in since morning till now......Any GOOD news coming ?????
This share hover around 0.025 and 0.03. Hopefully it will break thru 0.03 and head North
Wow...
Jasper is another of my favourite Penny stocks... :)
Just "cheong" a bit, make good $$$...
It's really Penny Party time... :)
Woww..at 3c. Ask Vol out numbers Bid Vol lehh, very good sign...Cheongg ahh...
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 0.025 | 11 | 11,952,000 | 11,212,000 | 0 | 740,000 |
| 0.030 | 61 | 17,505,000 | 1,579,000 | 0 | 15,926,000 |
| TOTAL | 72 | 29,457,000 | 12,791,000 | 0 | 16,666,000 |
come june onwards, big counters will start to have limited upside, and focus will be diverted to penny stocks, especially construction stocks. and june is the time when govt awards construction projets.
Last least, Jasper Investment has positive NTA!
some companies' NTA is negative and its current price is much more than Jasper Investment.
cheers
Hi Friend, to clarify this you can check JASPER SGX announcement details, I think this deposit Amt.belongs to ?PROPOSED DISPOSAL OF PT MULTI TAMBANGJAYA UTAMA ?, which made on 31 March 2006.
link < http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_152C98D7896879BC4825726B003E4681/ >
PROPOSED DISPOSAL OF PT MULTI TAMBANGJAYA UTAMA
The Board of Directors of Jasper Investments Limited (the ?Company?) wishes to announce that the Company and PT Rimbunkencana Asrimegah ("RA"), as vendors, have entered into a conditional agreement for the sale of the entire issued share capital of PT Multi Tambangjaya Utama ("MTU") to Saraburi Coal Co, Ltd. ("SCCL"), as purchaser (the "Transaction").
Information relating to the Transaction
MTU is a 95% Indonesian subsidiary of the Company which holds a coal concession in Kalimantan, Indonesia. MTU has an issued share capital of 17,500,000 shares of Rp1000 each fully paid, of which the Company holds 16,625,000 such shares and the remaining 875,000 shares are held by RA. Each of SCCL and RA is an unrelated third party.
The aggregate consideration for the sale of the entire issued share capital of MTU is US$200,000 (approximately S$308,000), to be satisfied wholly in cash. As part of the Transaction, SCCL will repay to the Company outstanding shareholder's loans of US$5.5 million (approximately S$8.47 million) extended by the Company to MTU. The consideration for the Transaction was arrived at on a willing seller, willing buyer basis, taking into account various factors including the level and quality of the reserves in the concession. The Company and RA have agreed to share the net proceeds from the Transaction on a 95:5 basis.
Completion of the Transaction is conditional upon, inter alia, the approval of the relevant authorities in Indonesia for the change of shareholders of MTU and the transfer of shares in MTU to the purchaser. Pending completion, the purchaser has deposited US$570,000 (approximately S$877,800) into an escrow account and will provide the Company with a standby letter of credit for the sum of US$5.13 million (approximately S$7.9 million).
On completion of the Transaction, the Company will cease to hold any shares in MTU and it will cease to be a subsidiary. Completion is expected to take place by April 2007.
Rationale
The disposal of the Company's interest in MTU is in line with the Company?s policy of divesting its non-core assets. Proceeds from the sale will add to the Company's working capital.
Financial Effects
As at 31 March 2006, the Company had made almost full provision for diminution in value of its investment in, and advances to, MTU. Upon completion of the Transaction, the Company will record a gain of approximately S$7.4 million (being the Company's estimated share of net proceeds after deducting expenses in connection with the Transaction).
Based on the audited consolidated accounts of the Company for the financial year ended 31 March 2006, assuming the Transaction had been completed on 31 March 2006, the net asset value of the Group would have increased from S$36.9million to S$44.3 million (or 0.47 cents per share to 0.57 cents per share). As MTU was inactive, it did not have any impact on the Group?s earnings for the year ended 31 March 2006.
Interests of Directors and Controlling Shareholders
None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the Transaction.
By Order of the Board
22 January 2007
Correct me if I am wrong but...
Market value of Jasper = S$0.03 x 7,829,417,415 shares = S$234,882,522
It's NTA is only S$45,768,000. Aren't we overpaying for this counter?
Plus, why does it have $20 over million sitting in fixed deposits? Normally I'm all for more cash, but since this company is an investment company, shouldn't it be investing??? But spytrader, you are right about compartive performance...........whenever I look at Rowsley and Digiland...it just doesn't make sense....anyone know anything about the call option granted to Morton Bay Holdings? They're not exercising it because they believe the price will go up further?
Hi Friends, Pls. check this week EDGE, ONE GOOD article about Marina Bay Construction 
.
yiewkhong, well said.
hi all, being aggressive is ok, but not reckless. buy according to your limit.
Remember rule no.1, Jasper Investment is for investment but not speculation. Always buy within your means.
cheers
hi terence, let's just say its from ppl in the market. but you will know the accuracy of what i am saying when you see jasper hit 3.5 and then 4. when i say run up, i don't mean like cheong as in other stocks costing $1 above. because every half cent in jasper is already considered 'cheong' already.
when it reaches 3.5/4 (end june/early jul), you will still see ppl trying to buy in so to realise another 50% run up to 6 cents.
i intent to increase my holding of jasper up to 2000+ lots by monday/tuesday, even if it means getting in at 3cents. i wished i had gone in at 2 or 1.5 back then. but its still not too late. can't make 300% but at least can get 100%. we need to be patient on this one; another half a year or 9 mths thereabouts. then us vested can prob arrange a meet up at starbucks to celebrate!
best rgds.
Hi Spydertrader,
Please don't mentioned it.
Jasper Investment is really a hidden gem.
vrooms! vrooms!