
been revolving at this $0.27 for hours...trading volume is still very healthy
STI and Dow drop ..yet Achieva is up with high vol..just matter of time will cross 30cts..chart breakouts already...all electronics frim Winsor,valuetronics,AviTech,Map,>30cts..how long U think Achieva will stay below 30cts..RTO play not yet reflected
hi cheongwee,
juz emailed.
no worries.
:)
spydertrader...sorry..i do not know the expert u memtion..but what if he is wrong...he cant be right all the time...nobody is...ok..i am open..pass me what mat'l you have abt him said abt the market me ...cheongwee_tan@yahoo.com.sg
Thank you in advance..is my wish to be wrong cause vested..lose more than gain if market go down...and hope in this process can gain more knowledge from you kind ppl here..may we make more $$$...to come.
Achievia's fin results will also be out by 7Aug 2007-RTO play,and Electronics Play this week..happy's day short term TP of 30cts shd be no problem...
Hi Cheongwee,
Hv u heard of David Bensimon ? P'haps u can check out www.polarpacific.com & subscribe to his analysis outlook.
Mr Bensimon made quite a few calls that were so timely & close to the mark tt he has gained quite a following; his clients are exclusively institutions inclduing banks, traders, hedge funds, the like. Some clients hv snapped up his book "Polar Perspectives" hardly batting an eyelid at the hefty price of US$685.
This guy was featured in BT in Nov 29 2006. In tt article, he predicts tt markets will be strong in the next decade, with Asia far outperforming the US. He also expects WITHIN THE NXT DECADE, THE US DOLLAR TO DEPRECIATE AGAINST A NUMBER OF CURRENCIES, SOME BY AS MUCH AS 50%.
So, US $ getting weak is OLD NEWS, my friend.
Those who want to see tt article, please email me at spyder_trader @ yahoo . com . sg
Cheers !
Take care if the dollar is down...the whole world will go down with it...look the market is getting quiet now...see for yourself..i do not wish the worse cause personnally vested heavily,but this is eventual thing...a matter of time..keep a lookout.
Now retrace slightly.
Best chance for those who did not get in earlier to get some !
This is a VOLCANO waiting to erupt !
Am fully loaded.
:)
One big big obstacle stand in way of all market rallies...i.e.WALLS STREET.. look to the dollar and the sunbprime morgagte problem which is real....will sell every thing if touch 80 and stay there for a week....run for our life..this will be a frightening week to watch
http://quotes.ino.com/chart/?s=NYBOT_DX
I hope you dont mind to alert u guy to the US$..now almost tocuh historical low of 80..scare tonite ..there will be lot os slaughter at Walls Street...imy apology for been kaypoh,but hopefully can help u make decision...will be watching closely on the dollar!!!
it cheong to 0.28 but slowly came down to 0.27 currently...vested at 0.27 at current market...will see it go up soon
Hi Luckyhuat,missed the boat at .026.What's the good price to enter today?
SITUATION CHANGING LIAO !
LAI LIAO LAI LIAO.
WANT TO CHEONG LIAO !
Dun miss this boat !!! Happyday said going to see >30cents this week.
Those cashing out are those who have bought when Achieva was 20 to 24cts on 18Jul during sharp selldown....when these are out ..Achieva will move again..time to acumulate...very few penny stock is profitable(since listing in 2003)..unlikely to lose $...paid up capital about 500mil..smaller than Jade and Rowsley..but > profitable than them currently...will cross 30cts this week
Luckyhuat...base on what Invesment posted, its not a good idea to buy Achieva??
Looks like the news is leaking out ...more to come..screaming buy...when mkt dip..but not ACHIEVA-thks INVESTMENT for the post.
The Electronics Index(EI-131) managed to gain tremendous strength against the broad by not falling.So far,it managed to hold above ots breakout level of 127 and the upside of 135 indicated from the breakout remains valid.last week's steady performance suggests the worst is indeed over.Short-term indicators are turning up,as is ADX,against a background of positively placed DIs.These positive underpinnings suggest the EI should be able to rally despite the weaknesses in the broad market-
STRONG BUY ACHIEVA, hope to grab more..look at hoe it falls from 27cts to 20cts and rebound to 26.5cts unscathed by 18/19 jul sudden correction.Besides its good finacial results will be out by first week of Aug-limited downside..but upside is ....superb :P
Announced 03/22/07
2.00M for Achieva Investments (China) Pte Ltd
Merger/Acquisition
Achieva Ltd. (SGX: A02) entered into an agreement to acquire the remaining 30% stake in Achieva Investments (China) Pte Ltd from Mr Alan Luo Aiping for $2 million on March 22, 2007. The consideration for the transaction will be paid as $1.15 per share in cash. The consideration for the transaction will be financed from internal resources. The transaction is subject to consummation of due diligence and regulatory approvals.
ACHL's price was unchanged after the transaction was announced on 03/22/07.
Investor / Buyer
Achieva Ltd.Announced 04/17/07
2.00M for CS Vision Co., Ltd
Merger/Acquisition
Achieva Limited signed a definitive agreement to acquire 20% stake in CS Vision Co., Ltd from Mr. Alan Luo Aiping on April 17, 2007, for a purchase price of $1.5 million. The purchase price will be paid in cash and will be funded by internal resources. The 20% stake represents 4 million shares of CS Vision. The transaction is subject to due diligence investigation. The transaction is expected to close within 5 days after all conditions are fulfilled.
ACHL's price was unchanged after the transaction was announced on 04/17/07.
Investor / Buyer
Achieva Ltd.Currency in Millions of Singapore Dollars |
As of: | Dec 31 2003 Reclassified |
Dec 31 2004 Restated |
Dec 31 2005 Reclassified |
Dec 31 2006 |
4-Year Trend |
Revenues | 521.3 | 583.9 | 611.4 | 596.9 | ![]() ![]() ![]() ![]() |
|
TOTAL REVENUES | 521.3 | 583.9 | 611.4 | 596.9 | ![]() ![]() ![]() ![]() |
|
Cost of Goods Sold | 501.8 | 553.9 | 576.8 | 559.3 | ![]() ![]() ![]() ![]() |
|
GROSS PROFIT | 19.5 | 30.1 | 34.5 | 37.6 | ![]() ![]() ![]() ![]() |
|
Selling General & Admin Expenses, Total | 21.2 | 27.8 | 28.9 | 31.8 | ![]() ![]() ![]() ![]() |
|
Other Operating Expenses | -2.4 | -1.4 | -0.9 | -0.9 | ![]() ![]() ![]() ![]() |
|
OTHER OPERATING EXPENSES, TOTAL | 18.8 | 26.4 | 28.1 | 30.8 | ![]() ![]() ![]() ![]() |
|
OPERATING INCOME | 0.8 | 3.6 | 6.5 | 6.7 | ![]() ![]() ![]() ![]() |
|
Interest Expense | -0.9 | -1.0 | -2.2 | -3.1 | ![]() ![]() ![]() ![]() |
|
Interest and Investment Income | 0.3 | 0.3 | 0.6 | 1.0 | ![]() ![]() ![]() ![]() |
|
NET INTEREST EXPENSE | -0.5 | -0.7 | -1.5 | -2.1 | ![]() ![]() ![]() ![]() |
|
Income (Loss) on Equity Investments | -0.7 | 2.2 | -1.3 | -0.6 | ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
|
Currency Exchange Gains (Loss) | 3.2 | -0.4 | 0.3 | 2.0 | ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
|
Other Non-Operating Income (Expenses) | -0.6 | -0.8 | -0.8 | -0.8 | ![]() ![]() ![]() ![]() |
|
EBT, EXCLUDING UNUSUAL ITEMS | 2.2 | 3.8 | 3.1 | 5.2 | ![]() ![]() ![]() ![]() |
|
Gain (Loss) on Sale of Investments | -- | 0.1 | -- | -0.1 | ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
|
Gain (Loss) on Sale of Assets | 0.1 | 0.1 | 0.0 | 0.0 | ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
|
Other Unusual Items, Total | 1.0 | -0.4 | -0.2 | -- | ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
|
Other Unusual Items | 1.0 | -0.4 | -- | -- | ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
|
EBT, INCLUDING UNUSUAL ITEMS | 3.3 | 3.7 | 3.0 | 5.1 | ![]() ![]() ![]() ![]() |
|
Income Tax Expense | 0.9 | 0.6 | 1.1 | 1.1 | ![]() ![]() ![]() ![]() |
|
Minority Interest in Earnings | 0.3 | -0.9 | 0.5 | -0.1 | ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
|
Earnings from Continuing Operations | 2.7 | 2.2 | 2.3 | 3.9 | ![]() ![]() ![]() ![]() |
|
NET INCOME | 2.7 | 2.2 | 2.3 | 3.9 | ![]() ![]() ![]() ![]() |
|
NET INCOME TO COMMON INCLUDING EXTRA ITEMS | 2.7 | 2.2 | 2.3 | 3.9 | ![]() ![]() ![]() ![]() |
|
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS | 2.7 | 2.2 | 2.3 | 3.9 |
looks good for a RTO?