
Nta at $0.085/shares. It will benefit those who buy less than that right? But then no potemtial growth also no use.
vic2 got views?
i see gap down soon
Is it a confusing statement? Got operating profit but losses from foreign exchanges. Then net is still loss. Why still give dividend when the exchange rates are going down?
Anyone can comment?
Interesting indeed. See how investors will react to the news going forward. The losses is caused by forex.
Oh no, looks like a sell down tomorrow. Interesting to see if the buying support will still be there. So the directors were selling because of this? Why no insider trading??
today news
Achieva Limited
Incorporated in the Republic of Singapore
(Company Registration No. 199307251M)
Profit Guidance
In anticipation of the release of the Group’s second quarter results for FY2009, the Board of Directors of
Achieva Limited (the “Company”) deems that it is appropriate to issue a profit guidance.
While the Profit from Operations is expected to be positive, the Group would post a Net Loss before Tax,
as a result of foreign exchange losses. Such foreign exchange losses would include a one-time loss on
the conversion of US dollar bank fixed deposits to Singapore dollar to pay the interim dividends of S$20.8
million in June 2009. Despite hedging forward, this loss was incurred due to the significant weakening of
the US dollar against Singapore dollar in the second quarter of FY2009.
Further details of the Group’s performance will be disclosed when the Company announces the unaudited
financial results for the second quarter of FY 2009.
BY ORDER OF THE BOARD
30 July 2009
V2, with 2 weeks+ to go before half year announcement, would you expect more actions starting next week ? Sure hope to see it breaks 0.10. Closed 0.095 today.
victorian2 ( Date: 24-Jul-2009 01:08) Posted:
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Thanks vic. Exactly my sentiments. Wonder how the manager can make such a statement. Anyway strong buying yesterday. Gotta hold till relieved :)
victorian2 ( Date: 24-Jul-2009 01:08) Posted:
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well people. dividends is the periogative of the board. Not the finance manager. That kind of talk can get him/her fired so it would be good if no one calls the company or unintentionall cause someone to lose his/her job
they are not in a position to comment and even if they do, you should never take it as the truth.
Your decision to invest is purely on market information and market risks. there has been significant buy ups in the last 2 weeks so I'm just keeping cross with the market sentiment strong, there will be premiums on NTA pricing.
Anyway, went in again at 9c t increase holdings. SHould have done it last week when it was 8c to 8.5c
yeah...me too quite surprised...me just hint hint you see...but the person gruffly told me ... just because the prev one was an interim div ..does not necessarily mean there will be a final one.... that really put a dampener on my wish to buy achieva again...that time it was about 7.5 cents...jerk!
clickshop1628 ( Date: 23-Jul-2009 20:39) Posted:
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I am surprised the "manager", whoever he/she is, can talk like that. Should have said no comment mah. Is he/she can tell you, then it is insider trading already :)
tea444u ( Date: 23-Jul-2009 19:47) Posted:
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but i called the coy up and the manager said not neccesarily there will be another payout! how like that? victorian...can you confirm ....
I'm waiting too. Any idea when would the half year announcement be ?
victorian2 ( Date: 21-Jul-2009 07:44) Posted:
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Finally wake up from its slumber? 9.5cts....yeah :)
well. that's what I'm doing. Waiting it out.
I'm betting on another good 2nd quarter result from the company and another dividend payout as part of the plan.
It was of no coincidence that last week, I saw major buy ups in large lots of 100 - 500 taking out lots of impatient sellers tired of waiting.
At least those vested know how long to wait...for(ever) some time...hehe...;) Patience pays off. Meantime just vest in other counters. Use the profit & buy in here.
yes...it's a slow mo.
clickshop1628 ( Date: 20-Jul-2009 14:06) Posted:
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I think have to wait forever for this one.
Buying is rather constant today. Sellers may have been exhausted at this price level.
But dun expect its price to surge, it seem to be very tightly controlled.
Still some way for those who are trying to mop it up.
Hi Vic , wat your view on today trading in this counter, last two seem to have quite a bit of 100 lot buy up.