
Press release from K1
Seems like very few sellers. Big buy queue at 0.205. Vested.
I had bot, trade and contra since sometimes back, a few years back about 30ct plus plus to almost 50cents, to me it seem a lagging stocks now and seem averaging down, having said that most stocks also is down, a investment company most investment is in US. Potientially a very long term stock, try some other if U may be better off on short term.
Hi all,
Can anyone comment about whether ths counter has any upside potential in the short term? Thx for all your help as i m new to all these..
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Hi shplayer,
Thanks for your opinions in the stock. I will definitely consider carefully before I put in more ammo into this counter. So far have bought 30lots at an average of 0.285.
For info.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4CDD38F4D5AFCDF4482573A7002B10E6/$file/k1Ventures_BCD_Annnouncement_4Dec2007.pdf?openelement
xd is 17 dec.
davecsh,
Perhaps they are about to announce that they ave received court approval for their 6 ct capital reduction.....(note...x and payout date of cap red has cannot be finalised until court approval).\
I share cashiertan's sentiments about this counter. You may want to refer to my post of 27 Sep07 in this thread.
If I'm not wrong, this is an investment company and I guess it is suppose to buy and sell investment. Nevertheless its cashflow is healthy and as a subsidiary of Keppel, I reckon it will be a good stock to invest long term.
It has shot up to 0.31 in friday's trading and this might be a signal it will go up higher before the capital distribution on 26th Dec 2007.
not buying, keep selling biz. how to expand?
I guess it should be 13th Dec 07. Payout is on 26th Dec 07.
cheap cheap, when is the CD?
With the 0.06cents per share, 10lots would probably mean a return of about $600/= unless I'm wrong about my calculation?
This is good return.
While we wait for all the "liao qian bei" ( those who have lost $)...
This one may tank further...
because today is the day it has broken down through the meaningful suppost...

Can check with all the liao qian bei around here if this counter would be a good long term investment?
Technically with the 0.06cents capital distribution per share, it look like a good investment as compare to any bank fixed deposit.
Currently the price is at 0.275, comparing with the following purchase by major shareholders.
09/11/07 | 07/11/07 | Dr Lee Suan Yew | DIR | S | 30 | 0.320 | 30 | NA | Note
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07/11/07 | 07/11/07 | Choo Chiau Beng | DIR | S | 30 | 0.320 | 34 | NA | Note
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07/11/07 | 07/11/07 | Kamal Bahamdan | DIR | S | 30 | 0.320 | 265,030 | 12.46 | Note
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07/11/07 | 07/11/07 | Lim Chee Onn | DIR | S | 30 | 0.320 | 30 | NA | Note
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07/11/07 | 07/11/07 | Prof Tan Teck Meng | DIR | S | 30 | 0.320 | 328 | 0.02 | Note
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07/11/07 | 07/11/07 | Teo Soon Hoe | DIR | S | 30 | 0.320 | 102 | 0.01 | Note
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07/11/07 | 07/11/07 | Yong Pung How | DIR | S | 30 | 0.320 | 130 | 0.01 | Note |
Just be careful. The going up is only temporary.
Isn't 6 cents a dividend or capital reduction? I think they are not the same. If dividend, the par value is not adjusted?
Last year 12 Dec 2006 they announce 6cents capital reduction too.
I bought in at 0.38 then the price keep moving up to 0.41.
They sold off a profit made company.
I saw how my shares prices slowly dropped below my cost and sold at 0.31 at a loss. I no longer want to buy such company. I believe in having good sleep. Wishes Good Luck to all who invested in this counter.
Thanks master shplayer.
Thank you master shplayer!