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Enzer - Restructuring in process

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chuzzle
    07-Jul-2007 08:37  
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Price of past few tradings:

>>>0.175>>>0.165>>>0.155>>>0.155>>>0.175>>>0.175 (last done)

Moving towards 0.19 ?? >>>>20.5???>>>>22 ???>>>>>>>>>short-term target 25 cents???

Immediate support @ 0.17. Resistance @ 0.19.

Should be hearing some announcement pretty soon. Once co. make announcement abt their restructuring plans or increase in their equities thru some investment, be prepared to see counter shoot up SmileySmileySmiley

 

 
 
 
chuzzle
    06-Jul-2007 19:49  
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Today consolidation. Train should be moving off by next Mon/Tue. For TA experts, look at the chart, MACD well positioned. Anyone wonder why counter is up & increase in vol. day by day? Ha ha...you will know the answer soon. Smiley
 
 
chuzzle
    05-Jul-2007 17:55  
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Btw, price up by 13 per cent only (15.5 yest. to 17.5 today). Much more upside to go. Ride on the train before its go off. Cheers Smiley
 

 
chuzzle
    05-Jul-2007 17:51  
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Congrats to those who believe in the trend pattern (reversal pattern) and vested in tis counter. Should be seeing some more upside soon. Cheers Smiley 
 
 
chuzzle
    04-Jul-2007 19:39  
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A much negelected counter with zero posting. However, for investors who have been monitoring, the co. has engaged Messrs Tay Swee Sze & Associates as corporate advisor to evaluate the financial position and business prospect of the Company last month. The advisor will report its findings to the Board within a month and, if necessary following the initial review, assist the Board to formulate a streamlining/restructuring plan which may have as its core measures to raise new equity to strengthen the capital base of the Company.

Messrs Tay Swee Sze & Associates is a reputable firm. Co. has good chance to turn things around. If they really manage to increase equity, price should be heading upwards. Currently, its seem to be doing a spinning top (reversal pattern). Should be seeing some upside soon.

Vested Smiley

 
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