Pavillon    Last:0.024   -

The Worst Is Over

Thai Village buy back 264000 shares at 17c on 29 DEC 06. The 264,000 shares purchased are deemed cancelled. This is the fifth instance that the Company is purchasing shares pursuant to its Share Buyback Mandate.  

 

Strong support at 17c.....

 

Thai Village purchased 182,000 shares on 19-12-2006. This is the first instance that the Company is purchasing shares pursuant to its Share Buyback Mandate.  

 

On strong uptrend but volumes are inconsistent

 

Up again to 17 cents with strong volume!

 

Thai Village closed at 16c today, up 1.5c!!

 

The only things saving this stock are the low liquidity and beliefs of some people.

 

Uncovering hidden is exciting but need to be patient. Don't be affect by noises, rumours and fears.  Even is TV and Roly eventually turned out to be stone, u lost next to noting with the huge of safety margin. But once, the polishing process is completed and if they really turned out to be one, then the reward could be many many times higher!!

 

"Popiah King" Sam Goi has significantly reduced his stake in Thai Village from 23.6% to 4.6%. He bought a 9.8% stake in Asia Env instead. He also holds a 25.9% stake in Dayen. If this stock is so good, Sam wouldn't have sold. This is the 2nd hidden gem to bite the dust after Roly.

 

On surface the fundamentals look bad, but if you look into details then it is actually looking very good for the price that it is being traded now.  If not, the current correction would have driven its price to 10c! This is a hidden gem!

 

Fankly, I hope it does!! TV hit 11.5 cents!! Good, I will buy more!! But today close 14c again...too sad. Sam and Ooi paid a lot higher price for their stocks!! All should be fine, no worry!!

 

hmmm. But why are;t they giving out any dividends this year?

will it go to as low as 11.5cens?

 

Getting more and more attractive!! Vest @ 13.5 again!!

 

hard to tell with penny stocks... too volatile. although the potential gains are great, the risk is really too high because they are too prone to rumours.

everytime i buy penny stocks, i usually lose money at the end of the day.

 

Opps.. 13.5 cents now.

Hmm...how long more?

 

Well, personally I think 14c is as low as it can go. With net cash backing of aroung 10c, I don't think it can go below that! If go below 10c say 9c can I takeover TV and then delist it and earn 1c per share??? So can make around 2 millions by doing that!! Vested at 14c!!

 

Juz buy. ask later.

I like underdog counters.

 

I always like to tell ppl that liquidity should not be a consideration unless you are a punter!! Like to repect this again....when I bought HG @ 20c, the average trade volume is just like TV...Don't believe me, then go n check for yourself!!

 

Thanks Stockking. This is a good post. However, the volume traded is very low.. which means that this stock is not very liquid.

 

I had been following this company for the past few years. I had seen the best and worst and believe that now is the best time to invest in this company again. The are many plus points now compare to a year ago... 1. 10 cents cash per share. Company cash rich and will be able to deploy them to further epansions. 2. Top 20 shareholders inculde well known names like Tee Yih Jia Food Manufacturing, Chip Lian, Merrill Lynch. 3. Company had expanded into seafood business both in China and Singapore over the last 2 years. 4. Very strong and experienced management, they are the leader in the F&B that expanded into China...and now Vietnam!! 5. Share price currently trading near all time low...due to fear that China economy may cool off. Half year result out soon...no profit warning so far...so making 20 to 40% in the short term is highly possible!!!