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Somebody has been collecting at 0.025 cents and press price down for days. So if hit 0.03 cents most likely he will sell out or if he wants bigger profits he will wait for 0.035 cents?
Quick quick cheong le .....
vol is so..low today. 1,322lots changed hand at 0.025c, 2cts worth isit??
Penny stock start to move again.
there are still many keen interests in this stock.
do not know what potential businesses in the pipe-line?
Jasper today sales volume seem slowling down, for a start it 1st trade done at 500lots at two cts, 2 cents worth. Isit or more!!!.
So it's another cash cow huh ? Will this be OHL's cup of tea ?
Hmm..wonder what is the company going to do with the cash? Heard their new substantial shareholder ( also the company's largest shareholder with over 40% stake ) is a london - based fund management company managing over $44 billion in assets.
Will not cheong so fast as there are still many shares to be sell by previous buyer earlier.
Time for Jasper to make U-turn and cheong ?
terencefok said sitting on $22m with no borrowings.
Buying interest returning?
Jasper is one of the rare listed companies that is positive profits and yet trading below 10 cents. But it's disadvantages is that the total number of shares floating in the market is way too many so it would take quite a while for the price to move up as ppl/instituitions that intend to accumulate need to spend more time acquiring the shares.
someone is blocking at 3cents and collecting at 2.5 cents, expect to move after the collection. Just look at the volume go through for the 2.5cts.
Something about Jasper in sgx dated 22 Jan 07, they and RA have entered into conditional agreement for the sale of the entire issued share capital of MTU..... to Saraburi coal co ltd........
Judge for yourself to buy more share or to sell them away. I am waiting at 0.025 if you sell.
look like a turning up again will queue at 0.04 instead of 0.035 to sell
Steady pom pi pi one
Despite the queue, buyers are grabbing up at 3 cents.
That's a good indication.
Another multi-bagger in the making ?
Another real gem with large cash horde ? (Someone here said this one got huge cash?)
Synapse, I believe banks make decisions to buy/sell shares based on FA, so in this case Jasper is many times above book value with high PE ratio. Note that it was trading at 1.5 cents some time ago, so the banks think it might be good to take profit now as the stock is overpriced. But from what I see, they are sitting on $22m with no borrowings, so they are ready to make new investments anytime.
Synapse, currently it is not possible to buy at .02 and sell at .03 as the queue for .025 is still so long. It need to break the resistant at .025 before you can buy at 0.02. Queue daily..., if got queue again at sell, ha!ha!