
It started off with  Yesterday's closing price at 0.013 then it goes down and goes back up near end of the day - fluctuate between 0.012-0.014 but in the end it falls back to where it started. BUT with very huge volume...  Looks like not very stable yet. Maybe due to the recent 10 billions of warrants convert into share and further dilute future EPS.
 
No debt is a good sign though..
haha. that's very optimistic though. not that I am not hoping for it! haha.
moneycow ( Date: 23-Mar-2012 14:01) Posted:
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It could hit 0.03 by May as more people will exercise their warrant for the dividend.

If end of each trading day can be up by 0.001 . its good progress...........
Than can roughly estimate the time frame that it would hit certain target.
If it can hit at 0.001 minimum at the end of each trading day...  than to hit 2 cent.... by end of next week :).
time for pull back! haha. if drop more can buy some more.
somehow i think wont be so soon. they will accumulate for quite some time at around this level first before pushing up to the next. so much be able to hold.
my guess only.  
Should be soon...maybe not today :)
  but huge volume. Think lot of ppl grab at 0.014
gufeng ( Date: 23-Mar-2012 11:24) Posted:
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Afternoon may see 0.015...HUAT AH!!
Going strong 0.015 should be coming anytime.
hahaha. i blindly follow u can? lol.
their profit margin v thin though. mmm 
gufeng ( Date: 22-Mar-2012 19:03) Posted:
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Cant comment on JEL. I need to read their quarter report to know how well they doing. Cant blindly hatam unless i very sure its turning ard. Their businese model quite similar to Mdr actually.
bryancbq ( Date: 22-Mar-2012 17:33) Posted:
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I would not worry about tat now..but no they are not under watchlist.
moneycow ( Date: 22-Mar-2012 18:07) Posted:
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Trade Summary: It did, but without strong support for today. Today oni. Tmr another day. it closed of @0.013.
MDR | CPF | CD | 0.011 | 0.013 | +0.002 | +18.2 | super volume changed hands - 619,961,000 |
Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
0.011 | 249 | 219,321,000 | 99,826,000 | 0 | 119,495,000 |
0.012 | 310 | 167,497,000 | 34,989,000 | 0 | 132,508,000 |
0.013 | 442 | 232,438,000 | 65,553,000 | 0 | 166,885,000 |
0.014 | 3 | 705,000 | 0 | 0 | 705,000 |
TOTAL | 1,004 | 619,961,000 | 200,368,000 | 0 | 419,593,000 |
HengLee ( Date: 22-Mar-2012 16:15) Posted:
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BY the way is this MDR still under SGX watch list ?
haha. ya..the then ceo got jailed for doctoring the accounts. i was like thinking, they are more or less doing similar things. haha. 
gufeng, the king of turnaround, u think jel will turnaround as well? haha. Koh Boon Hwee and a few others bought alot of the recent rights issue. hmmm
gufeng ( Date: 22-Mar-2012 17:30) Posted:
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This JEL last time nearly joint venture with Mdr...then later got problem with their accounts their share price drop like shit like ACCS. Hahaha
oh no...thats not helping me to stop day-dreaming! haha.
what do you guys think about Jel corp? Just did some research on it. possible turnaround, like mdr as well.
might be something to look at. Three substantial shareholders subscribed to the recent rights issue. The proceeds were used to pay off their debt. They are now appealing to extend staying on sgx watchlist for another year. any opinions?
high risk, high reward. i think it's gufeng's kind of counter. haha. 
jovenus ( Date: 22-Mar-2012 17:04) Posted:
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Don't forget the Kevin Wong (CEO of Keppel Land)  is also in .....
bryancbq ( Date: 22-Mar-2012 16:44) Posted:
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i wish hahahaha.
bryancbq ( Date: 22-Mar-2012 16:51) Posted:
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hahah. u say until lidat hor..i suspecting u bought alot more than 20 lots lo! maybe like 20million lots or something? lol. big fish acting small...mmmm. suspicious...
yummygd ( Date: 22-Mar-2012 16:47) Posted:
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hahahaha lets see la hor. after all my 20 lots can throw aside n forget one.
bryancbq ( Date: 22-Mar-2012 16:44) Posted:
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