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Centillion^   

E-waste recycler

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nextdoor
    10-Nov-2006 21:12  
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It was once my darling too billy. But a hard learnt lesson. Agree with you the biz is in demand but its fundamental...can anyone analyse the company's P & L at this moment after halting for so long? I'm v interested to find out.
 
 
gho485
    10-Nov-2006 19:55  
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We can all talk till the cow come home. The important thing is recycling business is in demand. One fail investment at Informatic doesn?t mean that OHL will keep failing. The important thing is this business fundamental is good. I have good faith in Centillion. The price is already rock bottom. The downside is surely limited.



 

What we need now is some contracts to push this counter up again. .    

 
 
billywows
    10-Nov-2006 19:01  
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OHL is the buying factor, but the biz he vested in is also important.

For Informatic, nothing interesting at all when we have SIM and SMU now. Maybe OHL made a mistake there and exited then.

But for Centillion, its biz is always in demand with recycling. Precious metals are invloved ... that's why old Citiraya was such a darling then, remember?

This will be a growth stock at bargain price now. Its price should stay ahead of Equation's like today's close.

Above all my opinions. Trade with care ya.
 

 
nextdoor
    10-Nov-2006 18:35  
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It seems that everyone is buying this counter because of OHL. He is not only a businessman but a good marketer as well. Just be careful when everything were painted so beautifully. Informatics...losses after losses and more losses....Good luck!!
 
 
handicapper88
    10-Nov-2006 18:26  
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OHL dun need to halt trading, hold announcement at expensive Raffles Hotel, resume trading, and sell down his own company.

Whatever you say about OHL, this man got pride and dun want to keep hearing people say his company like sh*t like when it dived down to 10.5 cents.

Does OHL want to make money?  Of course!  But OHL is one of the richest men in Singapore already, and I think right now at his age, respect from others is more important to him than the relatively tiny amount of money he can get from melting down this stock. So this share's price will reflect OHL's desire to gain respect.

What for he play with this stock's price?  Waste his time only. His dividends from Natsteel already several times what he paid for this company.
 
 
rogue_trader
    10-Nov-2006 17:48  
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As mentioned earlier, to follow OHL can be considered a safe bet but will he pay the losses to those who followed him if this counter will to dive down? Pls do your own research before investing in this particular counter. Had heard this saying "A successful businessman is someone who is "devoid" of emotions".
 

 
hikitty
    10-Nov-2006 17:42  
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In a joint effort with a Malaysian company to rescue Informatics, OHL once praised Informatics as a worthy investment. Those who bought hoping that OHL would invest in Informatics long term were BADLY burnt when he dumped away all his shares at a LOSS according to him.  He once said that he was not always right in his investment decisions and had lost $$$ before.  Caveat emptor - - OHL has $$$$ muscles to  lose which most of us may not have.  He can afford to wait long term for his investment to grow. Not everyone can!
 
 
Ev1LEv1L
    10-Nov-2006 17:26  
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Good luck to those who are vested.
 
 
IreneL
    10-Nov-2006 11:49  
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I tend to agree with billywows.

Given OHL's business acumen and of course his abundant $$$, buying or rescuing Citiraya (now Centillion) is likely to be on his long-term agenda. 

And I am also eyeing this counter, provided its price slides a little south .

Happy trading to all.

 
 
 
billywows
    09-Nov-2006 23:51  
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I believe OHL is rather optimistic in Centillion on a longer term than Informatic .... Guess its a more sounder biz of recycling than private education.
 

 
rogue_trader
    09-Nov-2006 23:41  
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OHL indeed has the midas touch. Whatever counter he "touches" will become "gold". But ultimately, he is still a businessman/investor, and a very "successful" one. If one really believes in the business model of this counter, pls go ahead and invest. But if just follow "blindly" after OHL, pls made sure that one can be faster than his actions.
 
 
billywows
    09-Nov-2006 21:49  
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Ahemm, Teresaang .... Don't call OHL that name leh. (Wait he throws his $$$ to 'sue' you. Heehee!)  Give the man the respect he deserves - Just call him OHL and he will smile Centillion up for us!
 
 
teresaang
    09-Nov-2006 20:11  
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I have faith in this counter as Fatty Oei will make it a success. Good luck to all vested in this counter.  
 
 
iPunter
    09-Nov-2006 14:13  
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Hi nelshare,


I believe all are punters in varying degrees, since the stock market is not a surefire way of making money. On the contrary, it is a risky way to 'make' money! And you pay for the risk involved.

Regarding this particular counter I feel that if it breaks above 0.19, it's worth taking a punt. If it stays above that level, then stay put and wait to cash out. But if it falls back below, then it is advisable to quickly 'vamoosh to the sidelines'.   :)

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nelshare
    09-Nov-2006 12:58  
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iPunter, you seems to be punting on quite a few : )
 

 
iPunter
    09-Nov-2006 10:47  
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If I am punting on this one, I will bet it will go UP!!! :) 
 
 
singaporegal
    09-Nov-2006 10:35  
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Downtrend possible.... be cautious. 
 
 
gho485
    09-Nov-2006 10:29  
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Supporting well at 0.17. Price is more unless stable now. Is this a good price to enter?
 
 
billywows
    09-Nov-2006 09:42  
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I don't think price will drop lower than yesterday's close of 0.16 liao .... Should uptrend from today after the French JV. 

More contracts to flow in after this French branding and a likely name change as reported!
 
 
gho485
    09-Nov-2006 08:45  
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Is a good start to more great thing to come....

Those whom sell this counter is disappointed with no contract. i reckon this is the counter to keep for awhile...'press' indicates that the JV is forever....not just 3 years.

i will look to buy in more if the price comes off.

 
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