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so fast kena SGX questioned at 4.34pm for the sudden increase ....
shorting .... ?????
cheong like hell le, sth is brewing ... for sure
happily shorting..
now 16.5
gd luck..
ozone2002 ( Date: 12-Aug-2010 11:09) Posted:
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Not really. Just about overbought now but should resume its trend. DYDD.
myjw2010 ( Date: 12-Aug-2010 11:19) Posted:
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this one is definitely going down again.... those who r not out yet be careful...
Congrads, I was out early at 22 cts after riding in and out yesterday.
ozone2002 ( Date: 12-Aug-2010 11:09) Posted:
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rode it on the way up and now riding it on the way down..
gd luck to those who think by taking over a $1 m shippin coy can make it
sustain it high 20s share price..
Did you shorted much? It is good when it is good.
BTW attention are turned to many restructuring penny companies since they offer hopes.
GET out of ENZER now!!!
high of 23c now down to 19c .. clear dumping in progress..
Already tested 20.5 cents today. Over 90% profit if vested this morning at 11 cents.
Enzer Corp. (545.SG) +57% at $0.165 on huge volume, highest level since
August 2008, as investors hopeful of turnaround in fortunes as audio
equipment distributor moves into ship chartering, brokering businesses,
says Dow Jones.
Singapore-based Enzer will acquire 30% stake in shipping group A3 Offshore for US$974,000 ($1.3 million), to be funded by proceeds from Enzer’s recent rights issue.
“Enzer Corp is changing skin, from retailing audio what-nots to becoming an oil and gas play,” says trader. Move comes as Enzer struggling to stem losses. Revenue for fiscal FY10 ended March down 76% at merely $121,000 on weak demand, with $934,000 net loss. Orderbook quotes suggest price may test $0.18.
Singapore-based Enzer will acquire 30% stake in shipping group A3 Offshore for US$974,000 ($1.3 million), to be funded by proceeds from Enzer’s recent rights issue.
“Enzer Corp is changing skin, from retailing audio what-nots to becoming an oil and gas play,” says trader. Move comes as Enzer struggling to stem losses. Revenue for fiscal FY10 ended March down 76% at merely $121,000 on weak demand, with $934,000 net loss. Orderbook quotes suggest price may test $0.18.
wah..goin to be 20c soon..
no SGX query ah?
if this can go to 20c..then viking must be 50c by now..
better load up more viking man..
ozone2002 ( Date: 11-Aug-2010 10:17) Posted:
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Wow sei!! Anyone know what cause it!! Still got chances to go in??
ENTRY INTO SUBSCRIPTION AGREEMENT TO SUBSCRIBE FOR SHARES IN
A3 OFFSHORE LL
moving towards ship brokering and ownership business..
from 4.5 c to 16.5 -----> 400%
wah lau.. better than peter lim's shares..
400% gain in a week
chiong almost 50% today!!!!!!!!!!!
Half year ended 30 September 2008
(S$'000) Net loss (3,821)
Becos in this time of uncertainty, no one will want to hold a stoock that is negative NAV; to add to the negative cash position, it is acquiring VSAT company which will require it to take up loans/bonds credit in a CURRENTLY expensive credit mkt...in short, before we know for sure it make $$, no one will want to drop further $$ into a RED company...The only reason why ENZER didn't plunge all the way down is becos the active float is controlled by a few BBs... Once they sell, this stk will PLUNGE!!! Just my comments, I'm not vested, neither short this counter,...
can someone explain...
why ENZER keep dropping?