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Digiland

This stock might be cheap, but i surely wouldn't want to invest in this stock. Beginner Investor should beware. Looking at the annual report reveal all the problem in this company. 

take a look at my report on Digiland 

 

when?

 

axlaxlaxl      ( Date: 30-Sep-2010 12:56) Posted: possible reverse share split

 

possible reverse share split

 

What happen to this counter....not moving at all.....

 

I think is too dangerous to speculate in this counter as it may not survive.

Perhaps is time to look at other counters such as Lafe Corporation or Yong Nam.

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This stock need extreme patience to climb out of it down sympathy, since Dec 2007.

Stock still lingering at 0.005 cent, thot it is not making alot, it also not lossing alot.

teeth53      ( Date: 29-Dec-2007 18:20) Posted: The drop recently...!!!! Due to the speculative nature of the un-arrival of the promises good and with some help from sub-prime woes, it reach a high of 7-8ct, then downhill was forestall at about 5-6ct before it slowly slide toward 3-4ct, then for yet another un-arrival of promise good, it contiune it slide to 1.5-2ct before it touch down at one (1) cent. Hope it help to Answer Y? Y? Y? px keep on droping......Cheer. Have a happy new year.

 

great post.

hyruga      ( Date: 22-Jul-2010 00:59) Posted: The company continued to make losses, and had a NEGATIVE equity to the tune of $2.785m as at 31Dec08, and still owed banks some $3.8m. What is most amazing is that Digiland International had a mind-boggling 8,526.0m issued shares outstanding as at 31Dec08. So even at a share price of $0.005, the company still carries at a market cap. of $42.63m. So many silly people are willing to pay $0.005 for a share that is technically worth nothing! Theoretically speaking, such people would stand to lose 100% of their investments, if suddenly others wake up and stop buying at $0.005/share, or if any creditor of the company decides to push for its liquidation.   http://wealthbuch.blogspot.com/2010/06/digiland-beware.html   not my blog

 

Your honest answer is greatly appreciated!

knightrider      ( Date: 21-Jul-2010 13:23) Posted: Yes they are s-cheaps ! = small s is singapore-cheaps ! Ha Ha LOL. Hulumas      ( Date: 21-Jul-2010 12:07) Posted: Are DIGILAND and MDR both S-chips? Why are they so bad

 

The company continued to make losses, and had a NEGATIVE equity to the tune of $2.785m as at 31Dec08, and still owed banks some $3.8m. What is most amazing is that Digiland International had a mind-boggling 8,526.0m issued shares outstanding as at 31Dec08. So even at a share price of $0.005, the company still carries at a market cap. of $42.63m.

So many silly people are willing to pay $0.005 for a share that is technically worth nothing! Theoretically speaking, such people would stand to lose 100% of their investments, if suddenly others wake up and stop buying at $0.005/share, or if any creditor of the company decides to push for its liquidation.

 

http://wealthbuch.blogspot.com/2010/06/digiland-beware.html

 

not my blog

 

Yes they are s-cheaps ! = small s is singapore-cheaps ! Ha Ha LOL.

Hulumas      ( Date: 21-Jul-2010 12:07) Posted: Are DIGILAND and MDR both S-chips? Why are they so bad? knightrider      ( Date: 21-Jul-2010 11:24) Posted: My point of view only, no offend, this one gone case, same fate as MDR. Collect the share script from CDP and use it to clean backside, safe some cost to buy toilet paper.

 

Haha.... you are S-Chips supporter ! you got your points !

Hulumas      ( Date: 21-Jul-2010 12:07) Posted: Are DIGILAND and MDR both S-chips? Why are they so bad? knightrider      ( Date: 21-Jul-2010 11:24) Posted: My point of view only, no offend, this one gone case, same fate as MDR. Collect the share script from CDP and use it to clean backside, safe some cost to buy toilet paper.

 

Are DIGILAND and MDR both S-chips? Why are they so bad?

knightrider      ( Date: 21-Jul-2010 11:24) Posted: My point of view only, no offend, this one gone case, same fate as MDR. Collect the share script from CDP and use it to clean backside, safe some cost to buy toilet paper.

 

can't get out as there is no buyer

Now need to wait for the next super bull or a good news like RTO.

alexchia01      ( Date: 21-Jul-2010 11:26) Posted: I suggest you get out of this counter if you can. Company has been making losses since 2008 and the price has not move much since then. Their services and products are pretty common in this competitive industry. There is also no clear direction from the top management. This failed attempt to issue Rights is a sign that they could be having financial difficulty. This is my personal analysis, you invest at your own risk. Good luck. knightrider      ( Date: 21-Jul-2010 10:38) Posted: This burger dam "malu", still dare to issue placement share or rights, and then REJECTED by MAS or SGX. die liao la ! Same category as MDR. Should write-off or delisted, what an eye-sore in the SGX list !!!

 

Rights used for working capital... hmmm... And total issue shares... wow.... I saluate!

 

Why we allow this type of company in SGX ??

 

I suggest you get out of this counter if you can.

Company has been making losses since 2008 and the price has not move much since then.

Their services and products are pretty common in this competitive industry.

There is also no clear direction from the top management.

This failed attempt to issue Rights is a sign that they could be having financial difficulty.

This is my personal analysis, you invest at your own risk.

Good luck.

knightrider      ( Date: 21-Jul-2010 10:38) Posted: This burger dam "malu", still dare to issue placement share or rights, and then REJECTED by MAS or SGX. die liao la ! Same category as MDR. Should write-off or delisted, what an eye-sore in the SGX list !!!

 

My point of view only, no offend, this one gone case, same fate as MDR.

Collect the share script from CDP and use it to clean backside, safe some cost to buy toilet paper. 

 

Right selling at Sgd. 0.001 and the NAV is only at Sgd. 0.000275 currently. Gone case unless there is RTO going on! I still hold huge paper loss!

porky88      ( Date: 09-Jun-2010 19:05) Posted: Allo... 1 for 1 right at $0.001 lar NOT $0.0001... u go and count the zeros properly

 

Oh... this company still not delist? lol...

 

They can do share consolidation before applying again for the right. The risk is the price may still fall back to 0.5c after the consolidation.

knightrider      ( Date: 21-Jul-2010 10:38) Posted: This burger dam "malu", still dare to issue placement share or rights, and then REJECTED by MAS or SGX. die liao la ! Same category as MDR. Should write-off or delisted, what an eye-sore in the SGX list !!!