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Hi messiah, you are right - it is better to put the money in other better counters especially when the company had been making losses for 3 consecutive years. From past my experience, it is better to avoid the counter when the auditors have made comments.Not worth taking the risk. Not vested.
Can Hulumas or anyone advise what is the meaning of 5: 1 bonus warrant to be given to all share holders?
Thanks.
Dear Readers,
Good news, 5: 1 bonus warrant to be given to all share holders shortly.
Dear Readers,
A strong market sentiment will follow on after the price moving to abone Sgd. 0.07. It is time to accumulate at Sgd. 0.06 right now!!! Expecting market price to move to Sgd. 0.075 or above within 10 days will not a problem!!! Time will tell.
Since that's what you think, I wish you good luck my dear hulumusYou can go ahead with your positive perception or sentiments.
Dear Messiah,
Sometimes it is not the lost making that matters, it is the market strong positive sentiment that counts. Don't you know that???
Dear Messiah you sees to know this counter well. The more you write the more sacry it become as what you said really happens. Look like my cpf investment for this company is going down the drain,
How could that be when they just reported that for financial year 2006, they company lost 11.6 millions bucks? Its better and safer to put your money in some other better perform counters. For 3 consecutive years the company make losses. Share price was 20cents in 2003 and 0.06 cents today.
Dear Readers,
Be ready to let it run up to Sgd. 0.075 or above just within next week.
Dear Messiah,
Thank you for your concern. Frankly, I still wonder, if the rumours about its reversed take over target will be fruitful?
Hulumas for your information, their auditor, PWC even mentioned in the sgx during their annual audit that if they cant pay off their loan, they cant even be a "going concern" So get rid of whatever shares you are holding.
Dear Messiah,
Yes, I know. The only difference to me is I translate this on going action to be positive to share holder, after selling out its property asset.
Dear Hulumas
Mark my word. I am very sure that my comment will be spot on. If you go to SGX, you will find that thet will hold a egm to sell their building to some REIT
Dear Messiah,
Don't only talk about its past, but talk about its future development as well!
Was told by a broker that they have lost many big customers to thier competitors, amongst them, datapulse. Some of the big customers are microsoft, apple, etc etc... so this counter cannot make it. Dont get burn.
Avoid this counter at all cost, wait for their year end result and you know what I mean. Avoid herd instinct
Dear Readers,
It seems to me, this counter will do range trading around Sgd. 0.06 up to 0.075 prices level for its consolidating process for another week and start moving upword to break Sgd. 0.10 level and on going uptrend!
Inconsistent volumes... TA people should avoid!
Anybody got any comment on this stock? It seem like it is turning around.