SunMoon Food   

What happened??

Yeah, I have this same feeling.  Good news will be coming soon.

 

Seems SUNMOON's fortune is turning for the better.

When you look at a man, you know he is healthy by his looks. When you look at the printed materials of a company, you know it is recovering from the long sickness.

Now I look at the report printed for SUNMON.  It is now very beautiful and full of colours. Not like the cyclostyle papers they were printed on before. This time vast difference. Management must have been very happy.  Did you receive the notice of annual meeting to be held on 30th April, 2009?

MFT should tell you good news.

 

Tks for the info.  Quite interesting.  Seems news not fully digested by investors yet. Frustrated sellers have been putting up abt $600K worth of shares for sale but no takers. I think would be taken up very soon with the +ve news. May put some grands aside for this stk dis wk.  Wish me luck. 

 

Time is nigh. Go and read the SGX announcement on Fri Night. I think it is now time to buy a little of this revived patient. The pacemaker and the stents seem to be working perfectly well and the patient is fast becoming normal!!!!!!!!!!!!!!

 

This guy at the lowest posssible market price of $0.005 also no taker? Why? How is the retail store in Tangling doing?  I haven't visited it yet. If they are seriously going into this area, they should try to recruit capable people like those from Sheng Seong or NTUC.  Get some good headhunters.

My opinion only.  Not vested yet until I can see some sparks.

 

Recently a mysterious turn of event was noticed.  Announcement made by the company is found here: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_0135CF5BB5DB66E7482573E5003B19C1/$file/Transfer.pdf?openelement

The $30 million dollars loan for the company supposed to be advanced by someone is now transferred (guess it being wise to distribute risk) to many well known stock brokers and companies, among them Tang Wee Loke, and GK Goh.

According to the management of SUNMOON, this shows a confidence level by the market.  But I think this is not necessary true ad these people merely are taking a bit of risk in the form of a convertible loan for shares at the lowest possible price.

Though current share price looks it can go no lower, I would not go in to buy. This is because the historic poor performance of the company.  The latest balance sheet is still showing heavy loss though considerably less than the previous 2nd qtr.

This counter should be delisted should it show further losses in the qrts ahead to avoid ignorant investors losing more and more money investing in the counter..

My 2 cts.

 

Its was announced some time ago.

If you hold their shares, you will have received their mailing on this.

 

Did anyone notice FHTK change its name to SUNMOON...?

 

I have been obseving this counter owing to its future prospects after years of suffering by shareholders.  But it is not easy to make gains trading this share unless you want to wait for donkey years and also you have to be in luck.  The best approach is to wait until the sellers diminish and then go in to buy.  Right now if you go in, you must wait long long time.

 

Hulumas, yet to express his views despite he went to the Jishan thread

 

Pal,

I am out of ammo too, as I am into KXD also.

Either one reach the TP, I will re-invest to the other or some other.



 

 

huge volume but too many pp want to sell.. most likely need a few more days of high volume to absorb the sells before this counter can take off

 

no bullets to shoot....

 

Moving liao, The SUN & the Moon

 

Pal, I don't have an idea on the TP. But Hulumas was mentioning that it will go about $0.22, that's huge amount of money we talking.

Surprisingly, he yet to give his 5 cents worth again
 

 

We are starting to see hugh volume buying,
so the price should go up soon.

Do you have a TP on it ?

 

 

Only 1,000. All done at $0.02 cents, before it fell.

$$$ got stuck for now

 

Only 3,000, but I bought it at a higher price, mostly about $0.02 - $0.025,
before it fell.


And you how many lots ?



 

 

How many lots? 1000? 5000? 10,000?

 

Thanks.

Already bought.

Just waiting now.