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Centillion^   

E-waste recycler

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gho485
    06-Jun-2007 20:30  
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anyone keen to share with me what NAV is? what does NAV has to do with current pricing of .17 for this counter?

TQ
 
 
Synapse
    06-Jun-2007 13:33  
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I was stunned when i read BT online carefully today. Had always thought Mr Oei bought in at 8.4 cents per share, but it was actually 0.84 cents. If one takes into consideration NAV at 0.68 cents, that appears to make Centillion be rather overvalued. I guess this counter is only for the brave or the wise. Does anyone have any insights on the potential legal proceedings against the company?
 
 
sohguanh
    06-Jun-2007 13:32  
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I tink Centillion used to be called Citi-Raya of which there was a  scandal and something big happened. Maybe oldbirds who witness that era wanna comment wat exactly happened? Due to past history ppl are more wary to trade Centillion?
 

 
klooloola
    06-Jun-2007 13:26  
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according to 

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_CFD73CC22B31FDB3482572DB00316995/$file/Announcement_of_the_Unaudited_Results_for_1Q2007.pdf?openelement

The NAV per share is 0.68 CENTS , so why is this trading at 17 cents?

I would value it at NAV.

 

 
 
 
klooloola
    06-Jun-2007 11:00  
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"There is a clarification article on sgx 2day pertaining 2 the news published in sunday times last weekend. Px may drop 2molow. B caution 4 those who vest. It may b time 2 collect again ü"

I cant find anything, please post a link to this announcement.

Thanks.
 
 
gho485
    04-Jun-2007 20:31  
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There is a clarification article on sgx 2day pertaining 2 the news published in sunday times last weekend. Px may drop 2molow. B caution 4 those who vest. It may b time 2 collect again ü
 

 
gho485
    03-Jun-2007 08:01  
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Keep this stock on ur radar. It wil surely not perform as well as CAO in the short term. Cycle biz fundementals are good. I reckon there is more up than down 4 this counter. I wil buy back once it fall 2 .15 range.
 
 
iPunter
    02-Jun-2007 09:08  
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I would say that's a rather strange comparison though, considering the uncertain nature of waste recycling as compared with the big potential of aviation fuel... :)

Just a thought. 

 
 
gardensnail11
    02-Jun-2007 08:48  
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This share has potential. Like CAO, it had been battered badly and lots of debt. Look at CAO now. It has seen its worst day. Probability of updside is higher than downside.
 
 
iPunter
    02-Jun-2007 00:31  
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Buy a iGallop if you still have cash to spare after that... :)
 

 
gho485
    01-Jun-2007 14:11  
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made kopi $ today Smiley. time to spend it on GSS Smiley
 
 
iPunter
    01-Jun-2007 12:08  
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This one is a speculative stock...

Just fine for speculators, though... :)

But value investors must avoid at all cost! 

 
 
superboy
    01-Jun-2007 12:06  
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http://www.channelnewsasia.com/stories/analysis/view/169820/1/.html

Please be careful, this is a lousy stock. The company own creditors millions of dollars and all the past customers of Citiraya are suing Citiraya to for loss of hundreds of million of dollars. It is a very high risk to invest in this stock...invest at your own risk....
 
 
iPunter
    01-Jun-2007 11:58  
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Up 10% this morning!

Good for you... :)

 
 
gho485
    01-Jun-2007 09:16  
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Road 2 recovery is now. Cheong all the way
 

 
Synapse
    31-May-2007 22:22  
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Might be worth a punt afterall ...
 
 
gho485
    31-May-2007 19:40  
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Im going 4 a up tmr. I think its good news n its the start 2 a recovery. Target .20cts in my opinion
 
 
iPunter
    31-May-2007 18:58  
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There are really two possibilities for this stock...

a. It will trade upward (in my view, this is more likely)

b. It will trade downward 

 
 
Synapse
    31-May-2007 18:04  
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hi ykjuay, what do you mean by fund managers will run on Fri? but why would that happen if the fundamentals of Centillion has turned for the better? I'm not vested but am starting watch this counter keenly.
 
 
ykjuay
    31-May-2007 17:51  
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Fund managers will run on Friday when market opens .... big news out is big fish out , play with caution !!
 
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