
Encouraging to see the number of buyers on queue
Hope next week is a good week for JEL
I chose to be hero to follow Koh
Although he is making paper profits now but he cant sell.
Thats why i am with him.
He knows more than us.
Bust or win
Koh Boon Hwee's stake shot up from 12.5 million shares (3.16% stake) to 296. 4 million (15.0% stake) following a rights issue.
He subscribed for not only his rights entitlement but also applied for excess rights.
JEL, PLASTOFORM: Big investors getting big in small caps
He subscribed for not only his rights entitlement but also applied for excess rights.
JEL, PLASTOFORM: Big investors getting big in small caps
This one not for people who cannot hold
Also not for faint heart
It can go either way...delist without offer or change in fundamentals like MDR
MDR nearly in synergy with JEL last year.
Those who go in shall be heros or zeros
wat's the name of the company who bought shares or invested in the JEL last year to prevent it from unlisted, anyone know?
I don't disagree, I was tempted to play this a month back. But it was too risky, today my opinion has not changed. Any upside is only a trading play based on very thin stilts. Take profit fast and trickle in your longs. The only real winners are the people who exercised rights.
If Serial System wants to pay 0.012 half a year ago for JEL, i am sure the three bigshots know the most.
This is a gamble.
Big or Small...open and know
Gut feeling its going to be play up soon.
hahaha. yea...koh boon hwee is also involved. mmm. if they get delisted next year, then everything gone ah? lol. high risk high reward i guess.
i noticed the disgusting profit margin as well. haha. mmm...will be on my watchlist. might try a bit at 0.5c. thanks for the heads up! =) 
PapaSmurf ( Date: 22-Mar-2012 17:23) Posted:
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This JEL nearly joint venture with Mdr last time...maybe will rekindle their love...hahaha
They have no choice but to stay in watchlist for one more year as stipulated in the sgx rules.
To stay for one more year or risk being delisted with or without any offer.
They have to apply for one more year of being in watchlist and during this year they have to show sgx profitable criterias...
By end march the audited results should be out and submitted to sgx for approval. If sgx approve, then my gut feel is the three ssh may try to change the business of JEL to turn it around as current business has razor thin proft margin.
On theory, sgx should give them another one year because they made $500,000 for latest FY.
But nevertheless, retailors will want stay away till confirm by sgx. Insiders will know more and willing to buy on cheap.
Which way will it go? We will know soon.
I stick my chips on Koh Boon Hwee.
 
 
 
 
 
mmm...started researching on this company after seeing this thread. but can i just clarify...they want to stay on the watchlist for one more year?? what's the benefit of doing so?
PapaSmurf ( Date: 22-Mar-2012 13:50) Posted:
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what's the potential for this?
PapaSmurf ( Date: 22-Mar-2012 13:54) Posted:
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I hunt elephants, herbivores with expensive ivory tusks. Only risk getting trampled.
Haha
Yes i am after exotic meat.
Either i got the meat or i become their meat.
As i said earlier, the risk is high the reward is also high.
Which way......only insider knows. The hint may be there...just the gut feel
thunderdoor ( Date: 22-Mar-2012 13:55) Posted:
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You're hunting for alligators. They say it's the best meat but has the nastiest bite.
The risk is there
The reward is also there.
Both huge
Which way it will go...only the insiders know.
I chose to follow the three biggest SSH.
If all work out, then this may be the next MDR.
Just a gamble.
Audited results to be out soon and submit to SGX for extension of one more year to be remove from watchlist.
Possibly in discussions for RTO to enhance share prospects to have it remove from watchlist in 2013 after extension
If anyone wants to join the Gungho boss and Popiah King and Koh, just do it.
My gut feel is something is awaiting for this company. Otherwise they wouldnt over subscribed all the excess rights.
It may be 0.01 very soon.