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In general stocks that is half to one cents are hard to move due to too much shares floating around. So unless you are willing to buy in even more to sorta move the price a little else it can be quite hard.
Jasper, Sapphire are classic cases of a few cents stock that moves a bit up then sold down again cuz there are just too many shares floating around. Unless some positive news is released about them to seduce current shareholders to hold else most would treat the stock as pure speculative play instead. A half cent up will cause a mass selldown before accumulating at lower price and then the whole cycle repeats.
Jasper, Sapphire are classic cases of a few cents stock that moves a bit up then sold down again cuz there are just too many shares floating around. Unless some positive news is released about them to seduce current shareholders to hold else most would treat the stock as pure speculative play instead. A half cent up will cause a mass selldown before accumulating at lower price and then the whole cycle repeats.
i got 100 lots leh. y the price have not moved since last thurs?
It successfully completed the reverse takeover of Chasen Logistics Services, which failed in its attempt to to go public in Nov '05.
Time to grab back this.
What's happening here? Large volumes...
Who buy 16 million this morning ?
What's brewing ?
Huat Huat .....
Just saw the SGX announcement that ChinaEntSp request trade halt on 2molo pending the acquisition of Chasen Log Service Ltd.
I certainly hope it will not take a long time, though I doubt it will be soon, since there will be a lot of buyers today at $0.01. Queue at $0.015 also 50% profit liao... Wait for $0.02 think must wait long long... Unless the new business very very huat ah...
When will this be the next to move ?
How about this? Any take?
Looks like the super pennies are set to make a strong comeback.
This one steady pom pi pi.
A good turn-around theme
Alas ..... we are seeing stronger buy queues now .....
"Have cash will travel" ..... hope it will continue to travel upwards .....
Seems like its PER will be more attractive than it's peers, isn't it ?
Can someone confirm that ?
Similar logistics companies :
Sembcorp Logistics
Sembawang Kimtrans
Poh Tiong Choon
Tiong Woon Corp
... etc.
It's good to see that ChinaEntSp has been injected with a fresh new lease of life.
Will there be a change of name too ?