Innovalues   

Buy Potential

today made another historically low... hmmmm... nowadays is really not easy to do bottom fishing...

 

My goodness. Another dip. Its closer to 0.2. 

 

oh that's funny... In No Value! haha.

 

In-No-Value...................Its really NO value now hahaha.

 

 

 it cant be that bad; why the selling???

	DIVIDEND	31 Aug 2007	4 Sep 2007	17 Sep 2007	SGD 0.005 ONE-TIER TAX
	BONUS	14 May 2007	16 May 2007		OFFER OF 1 FOR 1
	DIVIDEND	14 May 2007	16 May 2007	30 May 2007	SGD 0.02 ONE-TIER TAX
	DIVIDEND	17 Aug 2006	21 Aug 2006	31 Aug 2006	SGD 0.004 LESS TAX
	DIVIDEND	17 Aug 2006	21 Aug 2006	31 Aug 2006	SGD 0.006 ONE-TIER TAX
	DIVIDEND	11 May 2006	16 May 2006	30 May 2006	SGD 0.02 LESS TAX
	DIVIDEND	17 Aug 2005	19 Aug 2005	31 Aug 2005	SGD 0.005 LESS TAX
	DIVIDEND	11 May 2005	13 May 2005	27 May 2005	SGD 0.01 LESS TAX
	DIVIDEND	18 Aug 2004	20 Aug 2004	31 Aug 2004	SGD 0.005 LESS TAX
	BONUS	27 May 2004	31 May 2004		OFFER OF 1 FOR 1
	DIVIDEND	12 May 2004	14 May 2004	31 May 2004	SGD 0.02 LESS TAX
	DIVIDEND	4 Sep 2003	8 Sep 2003	18 Sep 2003	SGD 0.01 LESS TAX
	DIVIDEND	4 Jun 2003	6 Jun 2003	18 Jun 2003	40% LESS TAX
	DIVIDEND	27 Sep 2002	1 Oct 2002	18 Oct 2002	20% LESS TAX
	DIVIDEND	3 Jun 2002	5 Jun 2002	18 Jun 2002	SGD 0.015 LESS TAX

 

try to buy below 20c.  this stock issue bonus shares two times before.

 

nav around 20...anybody knows wat happen?

 

20cents should not be a problem. Few investment companies which hold high percentage shares of Innovalu have been reducing their holdings. IT will continue its southward trend for time being.

 

Not only hurt their report but also hurt me. I got it at 0.435. Steel price set to rise next year as miners are rising their iron ore price and with high oil price, their earning might take a dent. But this will only reflect on 2008 not 2007. Investors are freaking out over this counter. Dividend yield has been rising fast. Now I hope it will fall below 0.2 and for me to average down. Eventually, steel and oil price will fall down when economy turn sour. Steel maker and oil refiner, you better watch out. If you continue to raise price, one day the whole thing will collapse and that's no good to everybody including you.

 

with falling US$, I think it ill hurt their profit.

 

Innovalu really surprise me too. With its strong profit and yet its price continue southwards...

Many BBs are selling their innovalu shares recently.

 

jackjames

it dropped a lot recently due to fund manager ARN sold off 25 million shares.. this counter had low volumn, so to sell 25million shares it is a long process and a BIG Drop over months..You can view many annoucement in sgx on their transaction

 

I notice this counter too.. anyone can tell me what's wrong with this company, their nett profit is positive, why the price keep coming down?

 

CEO buy another 500K shares while Lion Capital sold 3M share http://info.sgx.com/webcorannc.nsf/37e9d50ee377b2304825735f00233861/5fd0c8249dffea4e4825738a0037e2fe?OpenDocument

http://info.sgx.com/webcorannc.nsf/37e9d50ee377b2304825735f00233861/75bbbe41903855434825738a003a947e?OpenDocument 

 

to catch a falling knife? excercise caution

 

Time for bottom fishing again. ...............

 

Reaching new low

 

Innovalu, when is your turn to CLIMB...? Everyone is moving upwards actively. Only you still so lag behind.

 

Chairman and CEO Goh Leng Sze buy 500 lots from market, http://info.sgx.com/webcorannc.nsf/560dd4b031b97d27482571b20043d38c/d0498490489013db48257339004293ef?OpenDocument

 

FOR IMMEDIATE RELEASE Innovalues improves interim performance; Sales to China grew 26% to S$24.1 million
Overall performance fuelled by 27% growth in Automotive sales and 11% increase in Office Automation sales
Investment of S$14.8 million in plant and machinery to cater for growing demand in 2H07

How come still slide down ? Anyone can provide info

Link http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_9F0EA4C39EA9251548257337003A3B46/$file/PressRelease.pdf?openelement

 

Invested too, hope it will go up to $1.00